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Huawei says profit falls 28% while revenue surged in 2024
Gulf Today
|April 01, 2025
Chinese telecoms gear giant Huawei said Monday its net profit fell 288 in 2024 while its revenue surged, as the company invested heavily in advanced technologies.
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Huawei Technologies reported 62.6 billion yuan ($8.6 billion) in net profit last year, down from 87 billion yuan the year before. Its revenue jumped 228 to $118.2 billion, with the strongest growth in its consumer goods and automotive-related sales.
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Mohammed hails Omar's Nobel win as Arabs' proud moment
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday congratulated Prof. Omar Yaghi on his winning the Nobel Prize in Chemistry-2025 through the ‘X’ platform, saying “A year ago, we honoured Professor Omar Yaghi with the Great Arab Minds ‘Award in the Natural Sciences category, and today we are congratulating him on winning the Nobel Prize in Chemistry.”
2 mins
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Gulf Today
Plans unveiled for UAE's first hospital-based vertiport
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1 mins
October 09, 2025
Gulf Today
UAE distributes 1,000 food baskets in Yemen
ABU DHABI: The United Arab Emirates has distributed 1,000 food baskets to families of orphans and displaced persons across districts in Yemen's western coast.
1 mins
October 09, 2025
Gulf Today
Fifth edition of Arab Awards Forum begins
Sheikha Latifa Bint Mohammed Bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture), attended the opening of the fifth edition of the Arab Awards Forum, hosted by the Mohammed Bin Rashid Al Maktoum Knowledge Award (MBRKA).
1 mins
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Gulf Today
Shurooq channels Dhs447 million into five projects
SHARJAH: Over the past 15 years, the Sharjah Investment and Development Authority (Shurooq) has advanced beyond traditional urban development to firmly establish Sharjah as a global centre for culture and the arts, a sustainable platform for knowledge, and a dynamic destination for the creative economy in the region.
3 mins
October 09, 2025
Gulf Today
Filipino vlogger arrested for Facebook post about president
A Filipino blogger has been arrested and accused of inciting sedition over a Facebook post authorities described as making a veiled death threat against the president.
1 mins
October 09, 2025
Gulf Today
24 killed as Myanmar's military strikes village in paraglider raid
Myanmar's military carried out a paraglider strike on a village that killed at least 24 people including children, and wounded more than 50 others, according to a member of a resistance group, villagers and media reports.
2 mins
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Gulf Today
Far-right harvests votes as climate rules roil Spain
Standing by a barn brimming with hundreds of bleating sheep, Jesus del Socorro Cuevas leads the far right's charge against \"dictatorial\" EU environmental regulation in his corner of rural Spain.
2 mins
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Gulf Today
Once-mighty Conservative Party is battling to avoid extinction
Britain's Conservatives used to boast they were the world's most successful political party. Not anymore.
3 mins
October 09, 2025
Gulf Today
Specialist highlights link between breast cancer, smoking
Doctors from Sharjah and Dubai said that even as science and technology unabatedly advances, it should be that health be part of daily normal conversations, in order to at least preclude the worst, and everyone as well, given the chance to live at their optimum.
3 mins
October 09, 2025
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