The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a...
- San Francisco, United States - Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as...
Bank will use funds for core business, give cash to investors.The large sale comes after UK-listed HSBC faced calls from biggest shareholder Ping An Insurance Group to cut costs and shift more resources to Asia.
The Canadian divestment is expected to be completed in late 2023.
Its earnings grew by 17 percent in H1 of 2022.The results, according to the company, confirm that the DIEZ benefited from integrating returns on investment
The increase in commercial licences and government services amounted to 49 percent
- A few weeks after the unravelling of FTX, BlockFi, a lender in the cryptocurrency world, has filed for bankruptcy protection...
During the course of summer, FTX provided $400 million in credit to BlockFi, enabling the lending firm to avoid bankruptcy
BlockFi said it was focused on recovering obligations from counterparties, including FTX
Abu Dhabi, UAE— Aldar Properties has partnered with Nobu Hospitality to launch a new luxury hotel, branded residences, and a...The agreement will see Aldar develop the 5-star hotel featuring 165 luxurious guest rooms and suites, including the stunning rooftop Nobu Villa
The planned development includes the first branded Nobu Residences in the Middle East and the second worldwide, offering high-end, multi-bedroom sea view residences
- A series of tweets fired off by Musk included a meme of a car with his first name on it...
Musk also joined the chorus crying foul over a 30 percent fee Apple collects on transactions via its App Store
Since taking over Twitter last month, Musk has cut around half of Twitter's workforce, including many employees tasked with fighting disinformation
The UAE Retail Offer and the KSA Retail Offer were oversubscribed by approximately 48.2x and 2.8x respectively.The UAE Retail Offer and the KSA Retail Offer were oversubscribed by approximately 48.2x and 2.8x respectively
The institutional offer was oversubscribed 65.5x, resulting in an aggregate oversubscription level of 58x
- Abu Dhabi, UAE----UAE's national carrier Etihad Airways and Garuda Indonesia, the national flag carrier of Indonesia, will nearly double the...
The destinations across the Indonesian archipelago, South East Asia, Middle East, US and Europe were doubled after the two partners expanded their 2012 codeshare pact.
They also offer reciprocal miles accrual and redemption opportunities to members of Etihad Guest and GarudaMiles across both airlines' networks.
- Saudi Arabia announced plans for a new airport in Riyadh while advancing the kingdom's ambitious aviation goals. The airport, set...
The airport is set to accommodate 120 million travelers by 2030 and 185 million travelers by 2050.
The new airport is expected to be able to process 3.5 million tons of cargo by 2050, local media said.
- ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the...
Kazakhstan is a net exporter of energy, but high gas prices this year fueled historic and bloody protests.
Last month, Kazakh authorities said 65 percent of regional electricity networks needed repair.
- ABU DHABI, UAE - Abu Dhabi Islamic Bank (ADIB) announced that its retail customers were able to conveniently participate in...
ADIB said that 80 percent of clients subscribed to IPOs that were issued in 2022 through ADIB Mobile app.
ADIB is providing a quick and easy end-to-end process for IPOs subscriptions through mobile app.
