Business - TRENDS MENA

Having spiked in an initial reaction to the military operation to apprehend Nicolas Maduro in Caracas, oil prices quickly dropped...

Washington, United States -- Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by...
EA said this would be the largest all-cash private equity buyout in history.
Saudi Arabia's PIF, which already holds a 9.9 percent stake in EA, will roll over its existing investment as part of the transaction.
The hospitality industry sits at the crossroads of experience and responsibility. As utilities, energy, and resource costs rise, and as...
The most successful sustainability initiatives are those that enhance, rather than limit, the guest experience.
Transforming a hotel into a sustainability leader also requires rethinking procurement.
Washington, United States - US President Donald Trump's granddaughter has unveiled a clothing brand bearing her name, with promotional photos...
Don Jr.'s daughter stood near the 79-year-old Republican on Friday wearing one of her brand's pullovers, as he answered reporters' questions outside the White House
"This is Kai, by the way," he told the Washington press corps, introducing his 18-year-old granddaughter who had given a short speech at last year's Republican National Convention
Istanbul, Turkey -- Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after...
Erdogan-Trump meet raised Ankara's hopes of seeing Washington lift sanctions that since 2020 have blocked it from buying American F-35 fighter jets.
The measures were imposed in retaliation for Turkey's purchase of the Russian S-400 missile defense system.
This is a blow to Germany's ailing car sector.
The cuts, all of which will take place in Germany, represent about 10 percent of Bosch's total workforce in the country.
Bosch said the layoffs were needed to help make annual savings of 2.5 billion euros ($2.9 billion) in the group's automotive unit.
Abu Dhabi, UAE — The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has...
The auction underscores growing demand for UAE’s dirham-denominated sukuk, reflecting robust investor confidence in its credit and economic outlook.
With tight spreads over US Treasuries, the sukuk issuance demonstrates competitive pricing while advancing the UAE’s local debt market development.
Acquires Modon Holding’s 17.45% stake
Aldar Estates has become the region’s largest integrated real estate services company with over AED3 billion worth of active contracts.
The platform manages more than 155,000 residential units, which is a 15 percent increase in the past two years.
Experts predict continued growth, with developers increasingly seeking partnerships for brand prestige, service excellence, and higher premiums.
Branded residences have grown by a staggering 180 percent globally over the past decade, reaching a total of 1,746 schemes, with 779 completed projects and 967 in the pipeline.
Hotel brands account for 79 percent of the sector globally, whereof approximately two-thirds are positioned within the luxury segment.
A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the...
The United States has forcefully sought to take TikTok's US operations out of the hands of Chinese parent company ByteDance for national security reasons
Under President Donald Trump's predecessor Joe Biden, the US Congress passed a law to force ByteDance to sell its US operations or face a ban of the app
Paris, France -- AI companies have sucked up the world's entire music catalogue and are guilty of "willful, commercial-scale copyright...
AI music generators such as Suno and Udio can produce tracks with voices, melodies and musical styles that echo those of original artists such as the Beatles and Mariah Carey.
The Recording Industry Association of America, a US trade group, filed a lawsuit in June 2024 against both companies.