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Long-time CEO of NEOM Nadhmi Al Nasr departs

Following Al Nasr’s departure, NEOM Board of Directors announced the appointment of Eng. Aiman Al-Mudaifer as Acting CEO of the company.

Bitcoin breaks $75,000 mark as Donald Trump’s possible return fuels rally

Cryptocurrency soars to all-time high amid anticipation of Trump-led White House; Market sentiment remains bullish despite high prices.

Saudi Arabia’s entertainment events boasts over 8 million visitors in Q3

A total of 536 entertainment events held throughout Saudi Arabia in Q3 have drawn millions, marking another milestone in the kingdom’s growing entertainment landscape....

Indian rupee hits new low amid rising U.S. yields and economic concerns

The Indian rupee ended flat on Monday, after dipping to a record low of 84.0850 against the dollar, as rising U.S. bond yields and an increasingly strong dollar continued to weigh on the currency.

Boeing takes a heavy hit with $6.2 billion loss in Q3 amid strike and defense woes

Boeing reported a staggering quarterly loss of $6.2 billion, as a near six-week labor strike and costly setbacks in its defense and space division took a toll on the aviation giant.

Saudi National Bank profits soar 3.9% in first nine months of 2024

The bank's net earnings reached an impressive 15.64 billion riyals (approximately $4.16 billion), up from 15.05 billion riyals ($4.01 billion) in the same period...

Emirates NBD hits record profits of Dh19 billion in the first nine months of 2024

Emirates NBD reported a 9% increase in net profit for the first nine months of 2024, reaching Dh19 billion ($5.1 billion), up from Dh17.5 billion ($4.7 billion) during the same period last year.

First-ever humanoid robot portrait sale to explore the future of AI in art

The portrait, titled "AI God," is a 2.2-metre-tall depiction of Alan Turing, the renowned mathematician and early computing pioneer. The work is expected to...

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