Imane Ayissi brings African tradition to Paris couture
PARIS, FRANCE - Imane Ayissi is on a mission to put authentic African textiles in the spotlight but faces an uphill...Business Global
ACRES 2024 concludes, deals worth $381 million inked
Sharjah, UAE -- Real estate deals worth more than AED 1.4 billion ($381 million) were inked at ACRES 2024, organized...Business
Ecuador starts oil mining in protected area of Amazon rainforest
Current President Guillermo Lasso has plans to double Ecuador's oil production in spite of opposition from indigenous communities and environmentalists.Extraction of 3,600 barrels per day started in the Ishpingo oil field, one of the three oil fields containing more than 40 percent of country's crude.
The three fields together hold over 1 billion of former OPEC member Ecuador's 4 billion barrels of proven oil reserves.
Volkswagen posts Q1 profit
The German auto giant said operating profit rose to $9.3bn.The group's operating profit rose to 8.5 billion euros ($9.3 billion) over the first three months of the year
The boost was down to strong "operating performance" and a positive effect of 3.5 billion euros
Ajman Free Zone becomes Amazon Web Services Activate Provider
Ajman Free Zone (AFZ) announced today that it has become an AWS Activate Provider. Startups affiliated with the AFZ, which...The AWS Startup Activate program offers grants up to $25,000 to qualified startups, as well as offers of exclusive credits, discounts, and software service access.
Qualified startups can obtain credits and partner funding, along with a business support plan credits of up to $5,000, through the AWS Startup Migrate program.
Elon Musk offers to buy 100 percent of Twitter stock, take it private
Tesla chief offered $54.20 a share, which values the social media firm at $43.4 billion, in a filing dated April...Musk's latest move towards Twitter comes just days after he turned down a seat on the board following his acquisition of a 9.2 percent stake in the microblogging platform.
Musk, Twitter's biggest shareholder, said his "offer is my best and final offer" and he would reconsider his position as a shareholder if it was rejected.
Sandooq Al Watan to fund Lune with $68,000 for its innovator program
Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming...Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming generations.
Lune Platform features an intuitive and easy-to-use control dashboard, designed to give users a comprehensive view of their customers’ financial accounts.
Economic freedom, effective governance key to attract FDI: AMF
The study calls for the stability of the business environment by reforming relevant laws.The study calls for the stability of the business environment by reforming relevant laws
The regulatory quality index outperforms all other factors in attracting investment
Amazon fined $98k/day in France
France says Amazon’s seller contracts have ‘unbalanced’ clauses.French authorities on Wednesday slapped a €90,000-per-day ($98,000) fine on Amazon
It would continue until Amazon removes abusive clauses in its contracts with businesses
Iran’s oldest tyre factory shuts down
Company workers had gathered Sunday to urge the state to save the factory, local media said.The "largest producer of off-road tires in Iran" has been closed due to "financial problems and difficulties in the supply of raw materials"
An American-Iranian company, Kian Tire was established in 1958 was popular for making "military vehicles and large trucks" in Iran
Pfizer plans new Covid jab
It has said a shot for multiple variants is coming by 2022-end.Chairman Albert Bourla said Pfizer was also working on a vaccine that could provide good protection for a whole year
This means people would come back annually for boosters, as with influenza shots currently given out in the US
Inspiring people is ‘a good legacy’: Sheikha Lubna
Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha
Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added
