Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.
  • Amazon to pour US$4bn into Anthropic

    Its investment will heat up the race for dominance in AI.
  • Amazon confirms it has begun laying off employees

    US media have previously reported that the platform and its various branches will lay off about 10,000 employees. Amazon did not confirm the figure, but he said that the process had begun and would continue early next year. The first teams affected were those dealing with the brand's electronic devices...
  • Amazon fined $98k/day in France

    France says Amazon’s seller contracts have ‘unbalanced’ clauses.
  • Amazon tactics under US scanner

    Amazon is accused of using merchant info for its own products.
  • Bezos to exit as CEO of Amazon

    Bezos, 57, was set to hand over the job of Amazon chief executive on Monday to Andy Jassy He will retain a key role, however, as executive chair at the technology and e-commerce colossus he founded 27 years ago As he prepares to blast off into a new career stage,...
  • Amazon targets net-zero carbon in new Mena projects

    Amazon's Climate Pledge aims to achieve net-zero across its businesses by 2040 The projects are expected to come up Saudi Arabia, UAE, and Egypt The Middle East and North Africa region will see a number of sustainable projects being launched by global eCommerce giant Amazon as part of its Climate...