Julphar to start exports of its medicines to Saudi Arabia again

Dubai: Saudi Arabia has allowed Ras Al Khaimah based Julphar to once again export its prescription drugs to the kingdom. Julphar had been suspended from selling there for nearly two years. As per the approval, more than 100 Julphar-made products registered in Saudi Arabia will be made available. “We are pleased to announce that more […]

Microsoft gets revenue boost as remote workers use cloud, Teams

Microsoft Corp reported quarterly revenue above Wall Street estimates on Wednesday, boosted by higher demand for its cloud platform Azure and collaboration app Teams, and as people locked in their homes due to the coronavirus pandemic played more games on Xbox consoles. The company’s shares, which rose over 12 per cent this year, were up […]

International School of Communication – delivering online training to clients worldwide

As students and teachers around the world take their learning online, the reliability of ICT infrastructure has become a major challenge – and opportunity – for schools. Jennifer Hardie, CEO of the International School of Communication, considers the impact of moving her operations to Dubai, and how the city has made it possible to seamlessly […]

Saudi Arabia’s Q1 budget slips into deficit at $9.1b as oil revenue slides

Riyadh: Saudi Arabia on Wednesday reported a first quarter budget deficit of 34.107 billion Saudi riyals ($9.09 billion), as oil revenue was hit hard by a combination of sliding global prices, demand and a supply glut in the wake of the coronavirus crisis. That reversed a first quarter surplus of around $7.4 billion in 2019. The […]

COVID-19: Facebook weathers first stage of coronavirus pandemic as usage jumps

San Francisco: Facebook on Wednesday reported a jump in usage and higher revenues as the global coronavirus pandemic unfolded, sparking a rally in shares even as the social network warned of an uncertain outlook. Facebook shares jumped more than 10 per cent after the leading social network reported profit of $4.9 billion (Dh18 billion) on […]