#Apple delivered quarterly earnings solidly above Wall Street’s expectations, as Chinese demand concerns which drove Apple’s stock down in recent months, proved to be less severe than predicted.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/2uwz

Janus Henderson plans to acquire National Bank of Kuwait’s alternative investment unit NBK Wealth, providing the asset management firm with a clear path and access to clients in the Middle East.

#Forbes #Kuwait

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The Israeli foreign minister has said that #Türkiye was breaking trade agreements by blocking ports for all Israeli imports and exports.

#Forbes

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The Saudi Capital Markets Authority has convicted 13 investors of violating the Capital Markets Law and relevant regulations while ordering them and other investors to pay $11.4 million (AED 42.9 million) in fines.

#Forbes #Saudi

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Sony Pictures and private equity firm Apollo Global Management have reportedly submitted a $26 billion offer for Paramount Global, the latest bid for the entertainment conglomerate.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/2mb2

The first episode of the new talk show, Kitab Hayati, has premiered with Forbes Middle East presenter Nancy Bahmad and Egyptian actress and film producer Esaad Younes.

#Forbes Nancy Bahmad نانسي بحمد isaad younis

For more details: 🔗 on.forbesmiddleeast.com/b4bb

#Cyprus has rejected the new proposal by a Chevron-led consortium to develop the Aphrodite natural gas field off the country’s southern coastline, giving it six months to revise the plan.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/y5yx

The #UN estimates rebuilding the besieged #Gaza Strip after nearly eight months of Israeli bombardment will cost between $30 billion and $40 billion, requiring an effort on a scale unseen since the Second World War.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/a8pb

New savings deposits in the #UAE 's banking sector increased 13.6% to $9.1 billion (AED 33.3 billion) in the 12 months to February 2024.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/w03b

Lii Entertainment, in partnership with the #UAE talent agency HuManagement, recently launched an entertainment marketplace in the #MENA region to connect celebrities with their fans.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/8btx

#Apple shares rallied ahead of its crucial quarterly earnings report, headlining wider gains as the #iPhone maker looks to reverse its stock market slump.

#Forbes

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#Qualcomm reported a 37% year-on-year surge in second-quarter net income to $2.3 billion, propelled by an AI-fueled rebound in the Chinese smartphone market.

#Forbes

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#India 's food safety regulator has ordered the testing and inspection of all companies manufacturing spice mixes as global regulators probe suspected contamination in two local brands.

#Forbes

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Danish shipping and logistics giant #Maersk raised its full-year profit guidance after a strong recovery in earnings in the first quarter.

#Forbes

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#AI must not be allowed to control nuclear weapons, a senior #US official said, urging #China and #Russia to follow the United States’ lead and make sure humans, not AI, have the final say over using the powerful weapons.

#Forbes

For more details: 🔗 on.forbesmiddleeast.com/9jb4

Nearly 65,000 people were cut from their jobs at #US -based companies in April, with continued cuts in the technology sector, a large layoff at #Tesla , and the replacement of jobs by #AI largely to blame.

#Forbes

For more details: 🔗on.forbesmiddleeast.com/4q06

Sustainable and cruelty-free fashion is gaining momentum in the Middle East. Here are four brands dedicated to fashionable designs while prioritizing environmental responsibility.

#Forbes

For more details: 🔗on.forbesmiddleeast.com/rts1

Universal Music Group and #TikTok have announced a new licensing deal, ending a three-month standoff over TikTok’s handling of artist payments and #AI -generated content.

#Forbes

For more details: 🔗on.forbesmiddleeast.com/1e22c7

Abyan Capital, a Saudi fintech firm specializing in robo-advisory services, has raised $18 million in a Series A funding round led by STV.

أبـيـان المـاليـة

#Forbes #SaudiArabia

For more details: 🔗on.forbesmiddleeast.com/694bab

The #EU will provide $1.1 billion in financial aid to crisis-hit #Lebanon for the 2024-2027 period to support its basic services and refugees.

#Forbes

For more details: 🔗on.forbesmiddleeast.com/ebkc