BLOOMBERG Samsung Electronics Co reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end. The stock slid 2.4% in Seoul, the most in three months, after Samsung reported a larger-than-anticipated 22% decline in sales to 60 trillion won ($46 billion). Operating profit plunged 96% in ...

DUBAI / WAM Deyaar Development PJSC has announced the launch of Jannat, the final residential district of Deyaar’s flagship community project Midtown, which will be completed by Q2 2026. The district of Jannat, with a built-up area of 521,400 square feet (sq ft), comprises two towers seamlessly connected by a bridge and is strategically located at the heart of Midtown ...

ABU DHABI / WAM The Emirates Red Crescent (ERC) has organised a “Knights of Humanity” event to honour the volunteers of the Syrian Arab Red Crescent in four Syrian provinces. The ERC’s move is part of Operation Gallant Knight 2, launched by the Joint Operations Command of the Ministry of Defence. It aimed to recognise the UAE’s continuous humanitarian and ...