Although it was closely watched for the manner in which it handled its artificial intelligence (AI) investments, Amazon dropped a stunner of a Q1 earnings report Tuesday (April 30), driven by a big spike in its North American operations. Its overall, global operating income grew from $4.8 billion in Q1 2023 to $15.3 billion in 2024. […]
A Saudi official said the state is ready to accept a 'verbal agreement' from Prime Minister Benjamin Netanyahu that he would be willing to renew talks for Palestinian statehood as part of the normalization process between the two countries, the Wall Street Journal reported on Thursday.The statement came amid reports that the Biden administration as been increasing pressure on both countries to come to a normalization agreement.console.log("2390 BODY2. CatId...
Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectationsAmazon profits soared once again in the first quarter of 2024, the company announced on Tuesday – the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence and advertising sales.Amazon reported overall revenue of $143.3bn in the first three months of the year – up 13% from the same period in 2023...
United States Secretary of State Antony Blinken (pictured left) and the European Union's High Representative for Foreign Affairs and Security Policy Josep Borrell (right) will travel to Saudi Arab
The mining sector in Saudi Arabia is witnessing growth and development with more investment opportunities expected to be proposed in 2024. Six locations will be the targets of the fifth round of exploration. They include gold, copper and zinc and span an area of 940 square kms. Assistant Deputy Minister for Mining Enablement at the Ministry of Industry and Mineral Resources Abdulrahman AlBelushi told Asharq Al-Awsat that the ministry has granted over 500 exploration licenses.
Schools in several areas of Saudi Arabia switched to online classes on Monday after authorities warned of heavy rain and possible floods this week. The Ministry of Education said in-person classes would be suspended at all schools in Jeddah, Madinah, Rabigh and Khulais, with lessons to be held through the Madrasati remote-learning platform. The University of Jeddah, King Abdul Aziz University and Umm Al Qura University have postponed scheduled exams until further notice and asked students to...
Doha, Qatar: Saudi Arabia s AFC U23 Asian Cup Qatar campaign may have come to an end but Saad Al Shehri is optimistic about the future, with the head
Doha, Qatar: Saudi Arabia s AFC U23 Asian Cup Qatar campaign may have come to an end but Saad Al Shehri is optimistic about the future, with the head
Secretary of State Antony Blinken will travel to Saudi Arabia next week to discuss cease-fire efforts, the State Department said on Saturday. Blinken's trip on Monday comes as Egypt, Qatar, Israel and Hamas have not managed to reach a cease-fire and the release of hostages over having different demands. Apart from discussions about a cease-fire
When the LIV Golf roster tee off for the first event in the league since the Masters at Augusta earlier this month it is likely to feel like another marquee match event on the 2024 calendar. Because Adelaide, South Australia, is the closest the Saudi Arabia-backed breakaway league has to its own major. The inaugural []
As World Heritage Day falls on April 18, Saudi Arabia celebrates the qualitative transformations it has achieved in the heritage and antiquities sector since the launch of its national strategy for culture, which falls within Vision 2030. Over the past years, Saudi Arabia has made tremendous efforts to preserve its diverse cultural heritage.
Welcome to the Monday Tennis Briefing, where The Athletic will explain the story behind the stories from the last week on court. This week, the coveted Masters 1000 in Madrid ran its first week and the stories on court were matched by the drama off it, as t. If you’d like more tennis coverage, please . Can ‘assurances’ on player safety in Saudi Arabia ever be enough? Daria Kasatkina, the highest ranked openly gay player in women’s tennis, was asked Sunday how she felt about the WTA opting to...