Chinese exports to Russia dropped by 0.8% to $51.6 bln in the first half of the year, while imports grew by 3.9% to $65.2 bln

The widespread outage in the Microsoft Azure cloud service, caused by a faulty update by the CloudStrike software firm, affected around 8.5 devices based on Windows operating systems, Microsoft reported in its blog.

RIYADH: Investor confidence in UAE’s energy startups surged as they secured $30 million in the first half of 2024, surpassing the $24 million raised throughout 2023, an analysis showed.

RIYADH: The UAE’s debt capital market outstanding surged by 11.8 percent annually to $281 billion in the first half of this year, with 71.5 percent of US-denominated dollars, a new report has revealed.

RIYADH: When Saudi Arabia launched the General Entertainment Authority in 2016, skeptics were doubtful about its outcome as the Kingdom was just taking its nascent steps in the sector. 

RIYADH: The percentage of Saudi households owning a home reached 63.74 percent at the end of 2023, an increase of 16.7 percent compared to 2016, according to a new report.