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Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake
  • Take-Two to Zynga for $12.7bn

    The GTA-maker plans more smartphone versions of its games.

    Take-Two is a leader in console and personal computing games like Grand Theft Auto, Red Dead Redemption, and NBA2K

    Zynga is known for its mobile-device games, like Farmville, which became a phenomenon in the 2010s on Facebook

  • Over 6m cellphone subscriptions in Oman till Nov 2021

    During the same period, fixed internet subscriptions totaled 526,367 and the fixed landline subscriptions went up to 577,966.

    During the same period, fixed internet subscriptions totaled 526,367 and the fixed landline subscriptions went up to 577,966

    The period saw the capacity of the internet decrease by 2.6 percent to 1,501,777 megabytes

  • Three-day international e-marketing, e-commerce exhibition begins in Riyadh

    The President of the Saudi Post Corporation "Sabil" Anf bin Ahmed Abanmi, inaugurated on Monday the Saudi International Exhibition for...

    The concept of creating websites for Electronic platforms and applications in the field of marketing and e-commerce will be a part of the event.

    The exhibition will hold a number of sessions, training courses and free workshops with certificates of attendance, presented by a group of specialists.

  • UAE private sector asked to pay employees through Wage Protection System

    The UAE Ministry of Human Resources and Emiratization (MoHRE) called on private sector establishments to commit to timely paying the...

    Ministry of Human Resources and Emiratization asks employers to register and document any agreement with their workers regarding the change of wages through the approved system.

    The UAE has been the pioneer in launching the WPS, which, since its implementation in 2009, has been praised by the International Labor Organization.

  • UAE and Mexico discuss parliamentary cooperation

    Dr. Tariq Humaid Al Tayer, Head of the Emirati-Latin American and North American Parliaments Friendship Committee of the Federal National...

    Both sides discussed ways of boosting the parliamentary cooperation between the UAE and Mexico, by signing a Memorandum of Understanding (MoU)

    Al Tayer lauded the advancing bilateral relations between the two countries, which were established in 1975

  • Biggest MENA steel event begins at Expo Centre Sharjah

    The exhibition highlights state-of-the-art innovations of more than 400 world-leading brands from 30 countries

    The 4-day event is organized by the Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry

    The event would display modern technologies in metal forming, laser systems for metal cutting, steel fabrication machines

  • MoHRE of UAE asks employers to pay wages via WPS

    The Ministry of Human Resources and Emiratisation (MoHRE) has asked private sector establishments to pay the wages of their workers...

    The WPS enables employers to fulfill their obligations towards their workers in the easiest way through the strategic partnership with the Central Bank

    MoHRE provides the 'Statement of Account' service to the establishments registered with it on a monthly basis

  • Zayed University teams up with Injazat for EdTech projects

    Zayed University has signed a Memorandum of Understanding (MoU) with Injazat, a Digital Transformation, Cloud, and Cyber Security company, to...

    The partnership will see Zayed University match students from their College of Interdisciplinary Studies

    The program will benefit from InGenius, the dynamic innovation lab by Injazat that follows the methodology of using agile practices, lean processes

  • GMG to foray into North Africa

    Plans to open more than 100 stores in Egypt within next five years.

    The group plans to introduce its sneakers-focused concept, dropkick, and its Nu Athlete concept catering to a youth demographic.

    Recently, GMG said that by 2025, it aims to double its global workforce through acquisitions, developing fresh concepts, and entering new geographies.

  • Decrees regulating Dubai Chambers and their Boards issued by Sheikh Mohammed

    Dubai Chambers has been established as a new entity, replacing the Dubai Chamber of Commerce & Industry, and Juma Al...

    One of the decrees establishes the Board of Directors for Dubai Chambers and appoints Abdul Aziz Al Ghurair as its Chairman.

    As per the new legislation, Dubai Chambers' main responsibility is to develop plans and policies to enhance the emirate's global status as an economic hub.