Foxconn Revenue Surges 30 % Driven By AI Demand Growth
Foxconn posts 29.7% Q1 revenue rise on AI demand but cautions over global political risks.
Foxconn posts 29.7% Q1 revenue rise on AI demand but cautions over global political risks.
Karachi sees electric bike prices rise as petrol costs surge, boosting demand and shifting consumers toward affordable alternatives.
Durban’s Westown smart city sees strong home sales as buyers rush to secure properties in KwaZulu-Natal’s fast-growing development.
Dubai Chamber adds 2,709 companies in March 2026, showing strong investor confidence and steady business growth.
OPEC+ plans an oil output increase amid a Hormuz Strait crisis that is disrupting global supply and raising prices worldwide.
Germany, Italy, Spain, Portugal, and Austria call for an EU tax on energy windfall profits amid rising fuel prices.
Dubai real estate sees Dh176.7B in Q1 2026, off-plan demand and prices remain strong.
Tesla Japan, Model Y L, imported cars, electric vehicles, EV adoption, store expansion, service centers, Richi Hashimoto, Japan auto market, German car brands.
Oil prices remain volatile amid the Iran war, with supply risks and Strait of Hormuz tensions driving market uncertainty and global economic concerns.
Samsung Electronics set for record quarterly profit as AI chip demand surges, despite risks from global conflict and supply chain pressures.
Microsoft plans a $10 billion investment in Japan to expand AI infrastructure, train talent, and boost cybersecurity in partnership with the government and firms.
Hyundai Motor warns that the Middle East conflict is disrupting exports to Europe and North Africa, raising logistics costs and delaying supply chains, with recovery expected to take time.
China supports lawful cross-border deals as regulators review Meta’s $2B AI startup Manus acquisition.
Amazon is negotiating a $9B deal with Globalstar to expand its LEO satellite network against SpaceX's Starlink.
London stocks fall, oil jumps to $108 amid Trump's Iran warning; global markets react sharply.
Tesla China-made EV sales rise for second straight quarter amid fierce competition.
Emirates NBD secures $2.25B in long-term financing, attracting global investors and strengthening UAE banking liquidity.
Stocks and bonds jump as traders bet on Iran conflict easing; oil falls, and gold rises amid market optimism.
Intel will spend $14.2B to regain full ownership of its Ireland Fab 34 facility amid rising AI demand.
ADNOC reviews business continuity plans to keep the UAE energy supply stable despite regional disruptions.
Abu Dhabi launches ADEED platform linking government and logistics to keep supply chains strong and trade flowing.
Shell is negotiating with Venezuela to develop offshore gas fields, aiming to boost LNG exports via Trinidad and Tobago.
Remgro sells Swiss Mediclinic Hirslanden for R16B and acquires full South African operations to boost control over local healthcare.
Amazon Leo to offer in-flight Wi-Fi on 500 Delta planes starting 2028, competing directly with Elon Musk’s Starlink network.
Huawei reports 2.2% revenue growth in 2025, with cloud revenue declining as the company expands its AI business.
AI fears shake CRO stocks, but experts reassure that pharmaceutical trials and data remain secure despite market concerns.
Dubai gold rises near Dh550 after March fall, boosted by global risks and safe-haven demand.
Myriad advances Saudi expansion with student housing projects, supporting education growth and Vision 2030 goals.
Iran war pushes oil above $115 and drags down Asian stocks as supply fears deepen with Strait of Hormuz disruptions.
Iran war dampens luxury car sales in the Middle East, cutting high‑margin demand as showrooms close and deliveries slow.