Things aren't looking good for Samsung.
The tech giants have posted a 56 per cent drop in their June-quarter profit.
It comes as a massive oversupply of memory chips continues to drive down prices.
Samsung also said Japanese restriction on the export of chip-making materials was making it difficult to forecast its growth.
New UAE-Oman freight rail link to boost regional trade
A new freight rail service is set to connect Sohar in Oman with Abu Dhabi in the UAE, marking a major step forward in regional trade and logistics.
Trump says all trade talks with Canada are terminated
US President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late President Ronald Reagan spoke negatively about tariffs.
du reports AED732 million Q3 profit
Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the third quarter of 2025 on Thursday, reporting strong revenue growth and solid profitability across its key business segments.
Nakheel unveils premium waterfront villas at Palm Jebel Ali
Nakheel, a member of Dubai Holding Real Estate, has announced the launch of an exclusive collection of waterfront villas at Palm Jebel Ali, marking a new chapter in the evolution of Dubai’s most ambitious island development.
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