Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
US President Donald Trump said Wednesday that he wants to ensure CNN gets new ownership as part of the Warner...
Beijing, China -- Chinese internet giant Baidu plans to launch its driverless cars on ride-hailing app Uber in Asia and...Uber users in these locations may have the option of choosing to ride in a fully driverless Apollo Go car after they request a trip.
Driverless taxis are already on the roads with limited capacity in China, most notably in the central city of Wuhan.
Riyadh, Saudi Arabia -- Saudi Arabia retained the top spot across the Middle East and North Africa region in terms of...Saudi Arabia's H1 VC share is 56 percent of the total capital deployed in the region.
The report also revealed that Saudi Arabia achieved a record number of 114 VC deals for the first half of 2025.
The bank's total assets increased by $1.49 billion.
Riyadh, Saudi Arabia -- Diriyah Company has announced the award of a major new $600 million (SAR2.249 billion) contract for...Diriyah Square is located at the heart of Diriyah, the City of Earth, within the unique Najdi-inspired architectural Diriyah Masterplan.
It is designed to develop a vibrant retail district featuring a mix of 400 iconic retail, leisure, and dining brands.
Budapest, Hungary -- Hungarian low-cost airline Wizz Air said Monday that it would end its Abu Dhabi operations, which have...The airline will exit its Abu Dhabi hub starting from September.
The seventh biggest European airlines in terms of daily flights operated around 30 routes in the Middle East.
- Damascus, Syria -- Syria signed a $800 million deal with UAE-based company DP World on Sunday to develop the port...
DP World operates dozens of marine and inland ports and terminals globally, particularly in Asia, Africa and Europe.
The Syrian civil war devastated the country's infrastructure, and the new authorities hope to use the lifting of Western sanctions to attract investments and fuel reconstruction.
Paris, France -- The first-ever Birkin bag designed by French luxury brand Hermes for celebrity Jane Birkin sold for 8.58...The modern design classic, owned by a Paris-based handbag collector, sparked a telephone bidding war up to seven million euros, with the final sale price set at 8.58 million.
The final buyer, who eclipsed eight other rivals, was a "private collector from Japan", the auction house added, without giving further details.
- Robust demand for AI technology behind the surge.
In its latest annual report on the outlook for oil demand, OPEC sees global oil demand rising by 18.6 percent...That rising demand will be "driven by expanding economic growth, rising populations, increasing urbanization, and the new energy-intensive industries like AI.
The IEA said last month that it expects global oil demand begin to decline in 2030, driven by the rise of electric cars and the shift away from crude to produce power.
- New Delhi, India -- The Indian Premier League's business value has been estimated at $18.5 billion with reigning champions Royal...
The world's richest cricket tournament generated an estimated $11 billion a year for the Indian economy in 2020.
Since it launched in 2008 it has inspired a range of other franchise-based leagues in India in sports as diverse as boxing, badminton, poker and kabaddi.
