Adidas Net Profit Increases by 38% in Q1
Sports shoe company Adidas AG says first-quarter net profit rose 38 % to 289 million Euros, as strong sales in…
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Chinese Flavors Affect Car Designing Globally
As more and more Chinese buy cars, automakers say consumer tastes in the Asian nation are having a growing…
Strong Airliner Sales Boost Boeing’s Profit
Boeing Co. posted a higher-than-expected quarterly profit on Wednesday, helped by an increase in commercial…
Aramco and Tihama Sign Deal of Power Expansion
Capacity at three power plants will be expanded under an agreement signed on Monday between Saudi Aramco and…
UAE Controls 17% of Arab GDP in 2010
The UAE accounted for nearly 17 % of the combined Arab GDP in 2010 and controlled around a third of the total…
KSA’s Net foreign Assets Reach $600bln
Saudi Arabia’s net foreign assets stood at around $494 billion at the end of 2010 and strong oil prices are…
Global Automakers Flirt China
Major car makers gathered in Beijing yesterday for China’s leading auto show, seeking an edge in the world’s…
Aramex Achieves High Growth in Revenues and Net Profits in Q1 2012
Aramex -the global logistics and transportation solutions provider- announced its financial results for the first…
Nestle Wins Pfizer’s Battle
Swiss food group Nestle is to buy drug maker Pfizer's baby food business for $11.85 billion, beating out French…
Philips’s New Management Achieves Surprising Turnaround
Philips Electronics reported better-than-expected quarterly results, buoyed by one-off gains and a stronger…