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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

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This is a 30% YoY increase over Q1 2025.

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Net income rose to $36.4 million, a 17% YoY increase.

Amazon to hire 1,500 people in UAE as it expands business

  • The jobs, according to the company, will be created as it expands its fulfillment center storage capacity by 60 percent
  • This expansion is expected to create additional jobs through its sellers and delivery partners

Amazon, the US e-commerce giant, has announced that it would add 1,500 jobs in the United Arab Emirates to cope with the potential hike in demand as it seeks to expand its presence in the country.

The jobs, according to a statement released by the company, will be created as it expands its fulfillment center storage capacity by 60 percent. This expansion is expected to create additional jobs through its sellers and delivery partners.

The company is adding four new delivery stations that will increase its total area by 70 percent, speeding up the handling of deliveries and increasing its reach. The operations expansion in the UAE will include new openings, closure of older buildings and upgrades, it said.

In the US, the online retailer recently raised its starting wages to more than $18 an hour and offering signing bonuses as it struggled to attract new workers in tight labor market conditions, according to a Reuters report.