Saudi Telecom

Saudi Telecom to raise capital by $8bn in bonus shares

The company plans to issue 1.5 bonus shares for every existing share, through capitalising retained earnings

Ford reorganises to run EV and engine businesses separately

The newly formed Ford Model e unit will scale up the automaker’s EV offerings

The UAE is set to levy corporate tax: Here’s what analysts say

The country plans to introduce a 9 per cent federal tax on corporate earnings for the first time next year

Saudi Aramco earnings surge on higher oil output and prices

The world’s biggest crude producer’s third-quarter profit climbed to $30.4bn