Shipping giant Maersk’s profit sinks
The company warned of "uncertainty" due to Houthi attacks.Business
Dubai Land Department records $172bn in realty deals in 2023
Dubai, UAE -- The Dubai Land Department (DLD) records an all-time high of 1.6 million transactions worth AED 634 billion...Business
‘Brain training’: the new frontier for eSports
The days of playing your favourite game for hours at a time to stay competitive in eSports are gone, with...Team Liquid is one of the biggest in the professional eSports leagues and they are keen to keep their edge, with the focus on brain training adding to the use of coaches
"We believe The Pro Lab will make waves in the eSports industry and beyond,” Dutchman Victor Goossens, founder and co-CEO of Team Liquid, said in a statement
‘Like family’: Japan’s virtual YouTubers make millions from fans
Mayu Iizuka sheds her soft-spoken personality and starts cackling, screaming and waving wildly in a makeshift studio in Tokyo as...The videos are designed to make fans feel they are interacting directly with their favourite animated idols
Most fans spend only $1 per comment, but the most dedicated sometimes splurge $400 to post impassioned missives to their virtual idols
UAE: Where sustainable shopping can be a way of life
If there is one country in the GCC where the idea of sustainable shopping can take off, it is the...what is sustainable shopping? It is a means in which you consume goods and services that considers the most efficient and beneficial options for all the species
“Go green!” they say. “Shop green!” “Think green!” they say. The color green is associated with sustainability.
Stocks slide in Asia and Europe, pound drops to two-year low
Asian and European stocks tanked Friday, accelerating a global selloff on fears over the impact of interest rate hikes that...The euro jumped to 85.77 pence, which was last seen late last year
Rate tightening increases borrowing costs for consumers and businesses, harming economic recovery from the pandemic
US FDA limits use of J&J Covid vaccine
The US said Thursday only adults who "have personal concerns" about mRNA vaccines, access issues or medical reasons for refusing...The vaccine, which was authorized as a single shot, is less protective than those developed by Pfizer and Moderna
Thursday's decision by the Food and Drug Administration builds on that recommendation by limiting the J&J vaccine's emergency use authorization
Saudi Arabia, Azerbaijan sign MoU to boost accounting services
The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.For Saudi Arabia, the MoU was signed by Saudi General Bureau for Auditing president Hossam bin Abdul Mohsen Al-Angari
The other signatory was Vugar Gulmammadov, chairman of the Chamber of Accounts of Azerbaijan
Xbox makes Fortnite free to play on phones
The popular battle royale title from Epic Games will be the first free-to-play game available through an Xbox Cloud Gaming...Fortnite's return to iPhones and iPads comes after it was booted from Apple's App Store for trying to bypass its payment system
Apple has clashed in court with Epic, which has accused the iPhone-maker of operating a monopoly of its App Store shop
Petrobras profits rise despite hurdles
Brazilian President Jair Bolsonaro has criticized it for rising fuel prices.Petrobras on Thursday reported a first-quarter net profit of 44.6 billion reais ($8.6 billion)
The result was 38 times more than the Q1 2021 result of 1.2 billion reais ($180 million)
Digital banks set to flourish in Saudi Arabia, UAE
Ongoing loan restructurings and the gradual withdrawal of pandemic-related support packages may put further pressure on asset quality. However, the...In November 2021, Saudi Central Bank (SAMA) Governor Fahd Al-Mubarak reportedly said that the Kingdom is going to license more digital banks.
UAE’s Emirates NBD, Mashreq and Commercial Bank of Dubai were among the first to offer digital-only services.
TINDER SWINDLER: When women fight back
Four years after being scammed by a conman, and three months after Netflix made the 'most-watched documentary' out of their...The docu-drama highlights the plight of three women who were scammed by a conman posing as a billionaire
More than 60 percent of victims of romance scams are women, according to the British police reporting center Action Fraud
