Companies including Germany's Holon and Estonia's Auve Tech displayed small self-driving buses, designed for routes where larger buses with drivers...
Paris, France -- France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and...
DUBAI, UAE - The New Year began on a high note for Dubai Duty Free with the announcement of an...December 2023 finished for Dubai Duty Free with record monthly sales of US$221 million, an 8.37 percent increase compared to 2022.
It's 40th anniversary celebrations offered a 25 percent discount on December 20 which led to a shopping spree of $14.8 million in 24 hours.
Kuwait City - Weyay was recognized as 'Fastest Growing Digital Bank' in Kuwait by Mastercard on the sidelines of the...Since its inception as Kuwait’s first digital bank in 2021, Weyay has combined technology with a dynamic design for a seamless and comprehensive banking experience
Weyay has played a major role in providing banking services to the youth and early career professionals, aligning seamlessly with their tech-centric lifestyles
The bank expects to enhance operations with AI tools.The bank seeks to leverage technology in order to increase productivity and efficiency in code generation and error identification
The bank says GitHub Copilot will help empower IT teams to streamline their workflows by harnessing the artificial intelligence
The layoffs will reduce costs for the Spanish company.The layoffs will happen during the first quarter of 2024 and will mainly involve employees who are 56 years or older
The Spanish company employs about 16,500 people in its home country, while its global workforce is over 100,000
- Jeddah, Saudi Arabia — King Abdulaziz International Airport served over 42.7 million passengers in 2023, reflecting a remarkable growth rate...
The total number of flights reached 250,000, a 25% jump compared to 2022, which recorded 200,000 flights
Its Terminal 1 ranked first with 179.9 thousand flights, a 16% increase compared to 2022, which recorded 154.6 thousand flights
Amman, Jordan--The UAE and Jordan discussed enhancing trade and investment relations in order to stimulate joint economic growth and create...The decision to enhance ties came up in a meeting between the UAE's minister of state for foreign trade, and Jordan's prime minister
Al Zeyoudi said the two countries wish to develop economies driven by innovation and the unhindered exchange of trade and investment
Amid market volatility influenced by geopolitical tensions and fluctuating oil prices, pharma, insurance, and healthcare indices led with substantial gains...Amid market volatility influenced by geopolitical tensions and fluctuating oil prices, pharma, insurance, and healthcare indices led with substantial gains in 2023.
In 2023, global equity markets neared record highs, led by the US and Japan, with the Nasdaq index's remarkable surge standing out as a key highlight
- Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took...
On Wall Street, the Nasdaq slumped 1.6 percent and the S&P 500 was also in the red, though the Dow enjoyed a small gain
And the negative mood continued in Asia, where Hong Kong, Sydney, Seoul and Taipei were among the biggest losers
Dubai, UAE - The UAE has issued a law establishing ‘Parkin’, a public joint stock company (PJSC) that will oversee...Parkin PJSC is likely to be tasked with creating, planning, designing, operating and managing public parking spaces
The newly established company will have financial, administrative and legal autonomy to fulfil its responsibilities
Dubai, UAE -- The total number of homes available for sale in Dubai’s Burj Khalifa declined by 52 percent during...Burj Khalifa homes available for sale dropped 52% in 2023, but total deals climbed 22%, reflecting long-term investor interest.
Dubai prime residential prices soared 16% in 2023, making it one of the world's most "affordable" luxury markets.
