Things aren't looking good for Samsung.
The tech giants have posted a 56 per cent drop in their June-quarter profit.
It comes as a massive oversupply of memory chips continues to drive down prices.
Samsung also said Japanese restriction on the export of chip-making materials was making it difficult to forecast its growth.
Uber expands into 7 new European markets in food-delivery push, FT reports
Uber plans to roll out its delivery business into seven new European countries this year, as tech groups ramp up their efforts in the multibillion-euro food-delivery market, the Financial Times reported on Sunday.
UAE strengthens market oversight to ensure price stability for Ramadan
UAE authorities have stepped up market monitoring and supply chain coordination ahead of Ramadan to ensure adequate supplies of essential goods and stable prices.
H.H. Sheikh Mohammed appoints new PCFC Chairman
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a decree appointing Abdulla bin Damithan as Chairman of the Ports, Customs and Free Zone Corporation (PCFC).
DP World announces new leadership appointments
DP World has announced new leadership appointments, naming Essa Kazim as Chairman of the Board of Directors and Yuvraj Narayan as Group Chief Executive Officer.
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