INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.
  • San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...

    The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion

    Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier

  • The company has projected a large third-quarter loss.

    The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said

    The company announced a series of belt-tightening measures and production delays in the wake of the nearly monthlong strike of 33,000 workers

  • Riyadh, Saudi Arabia-- A signing ceremony for Riyadh Season 2024 sponsorships was held on Thursday at Via Riyadh. General Entertainment...

    Riyadh Season provided a sponsorship worth SAR2 million to the Association of Saving Food

    It is a major opportunity for companies to achieve maximum exposure in global and local markets

  • The US Department of Justice (DOJ) made recommendations for Google’s search engine business practices on Tuesday, according to US media....

    Structural remedies that would prevent Google from using products such as Chrome, Play, and Android

    Google will likely appeal, drawing out the process potentially for years

  • Abu Dhabi, UAE - The UAE Ministry of Investment (MoI) announced today its support and key role in the advancement...

    Located approximately 350 kilometres northwest of Cairo, the Ras El Hekma project has garnered significant interest from Emirati investors

    Modon Holding, the master developer for the Ras El Hekma megaproject, will steer the project in partnership with prominent partners from Egypt

  • OpenAI has finalized a deal to receive US$6.6 billion in new funding from investors who valued the company at US$157...

    Backers expect OpenAI’s chatbot to become much more widely used and haul in huge profits

    MGX is targeting some of the world's biggest scale global technology investments

  • With more than 300 luxury rooms, three dining concepts, and various facilities, the hotel will merge global luxury with Madinah’s...

    Set to open in 2028, Waldorf Astoria Al Madinah will be located near the Prophet’s Mosque

    The new project will be a symbol of the Kingdom's aspirations

  • San Francisco, United States - Microsoft on Tuesday doubled down on deploying artificial intelligence to consumers, releasing an updated version of...

    Suleyman was a former leader at AI pioneer Google DeepMind -- and was poached by Microsoft in March from his startup to head up its consumer AI division

    It has since been caught by Google and soon Apple, which are using their dominance of the global smartphone market to get their own AI tools to consumers

  • The big Detroit automaker reported 659,601 US sales during the period.

    The big Detroit automaker reported 659,601 US sales during the period, down 2.2 percent from the year-ago but marking a slightly smaller decline than analysts projected

    GM described its EV portfolio as "growing faster than the market" with sales jumping 46 percent in the third quarter, topping 32,000

  • The Qatar Airways' deal with Virgin Australia is likely to open several new routes for the two airlines. (File)

    Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal...

    The deal could significantly shake up Australia's air travel market which is currently dominated by Qantas

    In 2023, Australia's center-left government rejected Qatar's bid to put on 21 extra international flights to and from Australia