San Francisco, United States - Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership,...
Paris, France -- The ATP announced on Thursday the creation of a new Masters 1000 event which will take place...
The man-made waterway - which officially opened in 1869 - is crucial for Egypt, earning it $9.4 billion in transit...IMF figures show 35 percent less cargo was transported through the Suez Canal in the first week of 2024 compared with the same period last year
Analysts say the financial impact will become painful if Houthi attacks keep throttling traffic through the main maritime artery connecting Europe and Asia
- The cull will reach 27,000 positions across the company.
Amazon said it was slashing hundreds of staff in its entertainment division, targeting both movie streaming service Prime Video and Amazon MGM Studio
The cull comes as part of Amazon's biggest ever job cutting plan launched last year, which it said will reach 27,000 positions across the company
Abu Dhabi, UAE-- Stock markets across the Middle East posted record highs in 2023, with combined gains of $493 billion,...ADX's market capitalization surged to US$803.4 billion and DFM's value jumped to $187.2 billion
Saudi Arabia's stock exchange posted $368.2bn in gains, sendings it market capitalization up to $3trn
- It is aimed at "enhancing electric vehicle offerings".
Uber and Kia said they are committed to "collaborate on Kia's planned development and deployment" of its new series of electric vehicles
The partnership of the two companies is aimed at "enhancing electric vehicle offerings available on Uber's mobility platform," they said
- The agreements worth US$3bn were signed with Gujarat.
The agreements would result in the development of new ports, terminals, and economic zones in the western Indian state
DP World CEO said that during the last 20 years, the company has invested almost $2.5bn and "we are going to invest more"
"As 2024 unfolds, we anticipate that both private and public enterprises will increase their investments in the infrastructure and services...Bitcoin marked a 134 percent increase in the year 2023, signifying a resurgent crypto market.
The UAE thawed the crypto winter, with institutional investments driving cryptocurrency deals.
IATA’s Director-General Willie Walsh said that international travel is 5.5% below pre-pandemic levels, but that gap is narrowing fast. "And...In November 2023, the total traffic rose 29.7 percent compared to November 2022
Middle Eastern airlines saw an 18.6 percent traffic rise in November
- Beijing, China - Chinese state-backed experts have found a way to identify people who use Apple's encrypted AirDrop messaging service, according...
AirDrop allows users to send content to Apple devices in close proximity without an internet connection, encoded so they cannot be viewed by other people
Chinese officials said experts "cracked the tough technological problem of the transmission of inappropriate information with anonymous traceability via AirDrop"
- Riyadh, Saudi Arabia -- Saudi Arabia Wednesday announced preferred bidders in the fourth series of the licensing rounds conducted as...
The Ministry of Industry and Mineral Resources stated that the exploration licenses will be issued in accordance with the Mining Investment Law.
The um Hadid site is located in the Afif region, in the center of the Kingdom. Covering an area of some 246 km2, it includes mineral deposits of silver, lead, copper and zinc.
- Bitcoin’s mass adoption is growing and projected in the next four years to have around 1 billion users.
Bitcoin has continued its rally in 2024, reaching the $48,000 level on Jan 9 and creeping towards the nearly $70,000 mark it reached in November 2021.
The next Bitcoin halving event is expected late this April when Bitcoin block rewards drop from 6.25 BTC to only 3.125 BTC per block.
