BYD: Chinese giant that has overtaken Tesla on sales
BEIJING: China’s BYD has overtaken US electric vehicle giant Tesla as the world’s leading EV deliverer, according to recent sales figures.
BEIJING: China’s BYD has overtaken US electric vehicle giant Tesla as the world’s leading EV deliverer, according to recent sales figures.
KUWAIT: The assets under management (AUM) of SWFs in the Gulf region reached a historical peak of $4.1 trillion in 2023 and the transaction value, even if slightly lower than in 2022, amounted $82.3 billion, led by the so-called “Oil Five” (ADIA, Mubadala, ADQ, PIF, QIA), the annual report released by Global SWF said.
KUWAIT: Recognizing its standout innovation and growth in the digital banking landscape, Weyay, Kuwait’s first digital bank, was named the “Fastest Growing Digital Bank” in Kuwait by Mastercard.
FRANKFURT: The European Central Bank said Wednesday it would test lenders’ response to cyberattacks this year in a first of a kind stress test for banks in the eurozone.
TYLORSTOWN, United Kingdom: It was nearly four years ago but the memory of the landslip that sent 60,000 tons of old mining debris sliding down a Welsh hillside still haunts former miner Jeff Coombes.
Kuwait: In yet another impressive achievement that reaffirms its leadership position in the local ICT industry, Zain announces that it has achieved speeds of 10 Gigabits per second after completing a 5.5G technology trial on its network, becoming the first operator to reach this significant milestone in Kuwait’s telecom market.
BAGHDAD, Jan 3 (KUNA) -- Iraq's oil ministry said on Wednesday that the total of exported oil through the Oil Marketing Company (SOMO) reached 108 million oil barrels with total revenues worth USD 8.3 billion.
SHANGHAI: China’s first domestically built cruise ship set sail on its maiden voyage from Shanghai on Monday, a sign of the nation’s growing prowess in sophisticated construction as it seeks self-sufficiency in key technologies.
LONDON: Global stock markets mostly fell on Tuesday, the first trading day of the year, as a global equity rally stumbled. Meanwhile, the dollar rose while oil prices jumped as tensions ratcheted higher in the Red Sea.
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