Warner Brothers Discovery explores merger
Warner Brothers Discovery brands include CNN and HBO.Company News Business
Arabian Travel Market ties up with ICCA, GBTA as business set to touch US$1.8trn
Dubai, UAE--Arabian Travel Market (ATM) has entered into a partnership with the International Congress and Convention Association (ICCA) and the...Business
Now website owners may apply for ‘.abudhabi’ domain names
Abu Dhabi’s Department of Government Support has announced ‘.abudhabi’ as the official internet TLD name for the emirate.The domain name is accessible to all citizens, residents, and employers working inside and outside the emirate
More than 550 uniform resource locators or URLs have been registered to the ‘.abudhabi’ domain name to date
Four major UAE banks post $4bn net profit in first half
The combined net profit of four major banks in the United Arab Emirates has vaulted to $4 billion in the...Moody's said the four banks combined net profit increased from last year, but returns on assets remains below pre-pandemic levels
The four big banks account for 77 percent of UAE banking assets, Moody’s said
Investcorp, Riverside sell Arrowhead Engineered Products
Investcorp, a Bahrain-based alternative investment management firm, and global private investor Riverside Co. have sold Arrowhead Engineered Products (AEP) to...Private equity firm Genstar acquired the replacement parts supplier
The financial terms of the transaction were not disclosed
Windows 11 rollout from October 5
Microsoft said the first rollout would upgrade Windows 10 PCs.The free upgrade for Windows 10 PCs will be phased and measured with a focus on quality
Computers that come preloaded with Windows 11 will also become available for purchase from October 5
Agthia to buy Dubai snack company
The group has endorsed the full acquisition of BMB Group.The deal would represent Agthia’s second investment in the snacking and healthy food market, following its acquisition of date company Al Foah earlier this year
The value of the all-cash deal was not disclosed
Google extends remote work option due to pandemic
Google campuses will remain voluntary globally through Jan 10. Local offices can decide when to ask employees to return to...Workers promised 30 days' notice before they would have to return to their offices.
An extra day off in October and December granted as "reset days" to "rest and recharge."
OptiNAND: WD’s new disk feature
Data retention, performance enhanced in the new architecture.OptiNAND offers customers a solution to meet the demand for storing vast amounts of data.
A drive works smarter with enhanced firmware algorithms.
Lebanon crisis may fuel bread shortage
The Lebanese flour millers' association has said mills might gradually stop working as fuel supplies run out. This, when the...This is the latest casualty of fuel shortages in Lebanon, where hospitals have already warned that they are hanging on by a thread
The overall shortage of power-generating fuel has resulted in protracted power cuts in the country, forcing medical facilities to run generators, which too need fuel to run
Emirates to receive three A380 by November
The delivery will take the airlines' total fleet of A380s to 188 units.Airline to also reinstate A380 flights on key destinations worldwide in October
The deliveries will bring the carrier’s total fleet of A380s to 188 units in November, when the last double-decker is scheduled to arriveÂ
UAE forms new law to punish erring ministers and officials
Any minister or senior official found guilty of corruption could be relieved of their job.People can submit complaints directly to the public prosecution
Those accused may see their travel permits revoked, and even assets frozen