Tag: comp
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With this value… an American company was fined for employing children
Authorities concluded that Packers Sanitation Services employed at least 100 and two children, ages 13 to 17, and put them to work night shifts at 13 meatpacking centers in eight states. “Children were using hazardous chemicals to clean meat-processing equipment, including hand saws, meat cutting machines and animal decapitation machines,” the Labor Ministry said in…
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Chinese Lenovo records the largest decline in revenue in 14 years
The Chinese company said it would reduce spending and make adjustments to the work force. The company, the world’s largest maker of personal computers, said on Friday that total revenue in the third quarter from October to December amounted to $15.3 billion, down 24 percent from the same quarter of the previous year. Those results…
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53 percent increase in the net profits of “Abu Dhabi Ports” during 2022
The group said in a statement, on Wednesday, that net profits amounted to 1.3 billion dirhams (about 354 million dollars) during the year 2022, and attributed this to the remarkable performance in the maritime sector and the port sector, in addition to acquisitions and new partnerships. Abu Dhabi Ports achieved an increase in EBITDA amounting…
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The Saudi Public Investment Fund completes the acquisition of 30 percent of the shares of Saudi Tabreed
Saudi Tabreed is currently implementing and managing projects for central cooling plants with a total capacity of 779,000 tons, and is also cooperating with major companies in Saudi Arabia, including Aramco. Deputy Governor and Head of the General Department of Middle East and North Africa Investments in the Saudi Public Investment Fund, Yazid Al-Homaid, said…
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“Chat GBT” is close to succeeding in an American exam in medicine.. How is that?
And the company, “Open AI”, a startup in California, launched a conversational robot last November, which was widely successful and caused a sensation due to its ease of use and its ability to engage in a dialogue-like conversation between humans, and to answer questions asked to it somewhat accurately, and even To write novels or…
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stc launches an investment fund that aims to invest in 9 technology fields
Through the fund, the company seeks to pump investments in 9 advanced technical fields. The fund aims to explore new technologies and business models in the technical and digital sectors, and forecast new areas in the telecom industry that would positively impact the company’s business. STC Group Chief Executive Officer, Olayan Al-Wateed, said that the…
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For the third year in a row, with a value of $12.3 billion, stc is the most valuable brand in the telecom sector in the Middle East
This result comes due to the success of the group’s expansion and growth plans that it has adopted since the launch of the “Dare Dare” strategy in 2017, as the group’s brand value has doubled by 100 percent over the past five years, rising from $6.2 billion in 2017 to $12.3 billion in 2017. 2022,…
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For this reason, Saudi Telecom sells land for 1.4 billion riyals
The company said in a statement to the Saudi market that this value “does not include the real estate disposal tax and the quest commission,” indicating that the land is located in the city of Khobar in the Al-Murjan neighborhood, south of the Aziziyah district, on King Fahd Road. The company stated that it will…
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German official: The EU should directly supervise Twitter
Sven Gigold, the state minister responsible for competition policy at the German Economy Ministry, pointed to Twitter’s sudden suspension of accounts for journalists and restrictions on access to some links. In a letter to two European Commission officials, Gigold called on the European Union to open an investigation. He said the commission should act to…
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Despite the high number of infections in the country, “Foxconn” eases the restrictions of “Covid-19” in the “iPhone” factory in China
In a statement on one of its official WeChat accounts on social media, the Foxconn Technology Group said it would end the so-called “closed-loop” system at the facility in Zhengzhou, central China, which required workers to remain in their workplaces and dormitories. To prevent the spread of coronavirus infection. The move, announced on Wednesday, came…