Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the...
Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next...
GENEVA, 31st August 2025 (WAM) -- The International Air Transport Association (IATA) said Sunday that global passenger demand grew by...Total capacity, measured in available seat kilometers (ASK), was up 4.4 percent year-on-year.
Capacity was up 5.8 percent year-on-year, and the load factor was 85.6 percent (-0.4 ppt compared to July 2024).
Beijing, China -- China's factory output ticked up in August but still recorded a fifth straight month of contraction, official...The Purchasing Managers' Index -- a key measure of industrial output -- was 49.4, the National Bureau of Statistics (NBS) said, up slightly from 49.3 in July.
The last time China recorded a figure above 50 -- indicating growth -- was in March.
- Dubai, UAE -- The United Arab Emirates has continued to attract global companies looking to establish regional or global headquarters....
This trend is supported by the country's legislative and digital infrastructure, as well as its strategic location.
A report from the Kearney Foundation ranked the UAE second among emerging markets in its "FDI Confidence Index 2025."
- San Pedro, United States -- Floating blue paddles dance on the waves that lap a dock in the Port of Los...
Floating paddles on a dock move with the waves, causing hydraulic pistons to push a fluid.
The pressurized fluid then spins a turbine to generate electricity.
ABU DHABI – Abu Dhabi National Oil Company (ADNOC) has sold a 3 percent stake in its logistics and shipping...The placement of 222 million shares to institutional investors was significantly oversubscribed by seven times within a four-hour accelerated bookbuild.
The transaction, priced at AED 5.25 per share, will increase ADNOC L&S’s free float to 22 percent, a key step toward achieving MSCI index inclusion.
- Beijing, China -- A dozen furry dolls strung together on a metal chain dangled from Labubu fan Maki Li's neck...
Made by Chinese toymaker Pop Mart, the fanged creatures have taken the world by storm, adorning the handbags of celebrities such as Rihanna and Dua Lipa.
Last month, commerce minister Wang Wentao used the toothy-grinned dolls as an example of "new forms of consumption.
Ajman, UAE -- Real estate transactions valued at AED 1.48 billion ($381 million) were recorded in Ajman in July 2025....Commercial properties accounted for the largest share of the total valuation value at AED943 million.
Residential properties amounted t AED198 million, while industrial properties ranked third with a total of AED336 million.
Riyadh, Saudi Arabia -- Saudi Arabia’s non-oil exports rose by 17.8 percent in the second quarter of 2025, according to...The increase included a 46.2 percent rise in re-exports, while national non-oil exports excluding re-exports grew by 5.6 percent.
In Q2 2025, a 15.8 percent decline in oil exports dragged total merchandise exports down by 7.3 percent year-on-year.
Dubai, UAE -- Dubai’s Creator HQ, the first headquarters for content creators in the UAE and the Middle East, has...The initiative aims to position the UAE as a global hub for the content economy, with a target of 10,000 creators in its next phase.
The headquarters also reports that 78 global content companies from 24 countries have relocated to the UAE.
Buraidah, Saudi Arabia -- The Buraidah Date Carnival witnessed growing economic and tourism activity, making it a key destination for...The event combined morning date auctions with a variety of cultural and entertainment activities held in the evening at the King Khalid Cultural Center.
The carnival offered visitors the chance to explore Buraidah’s historical and cultural landmarks through tourist bus tours.
