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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

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

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3 ways travel drives economic growth while enhancing global connections and sustainability

WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs...

EVs just the start, urban mobility needs a holistic approach

Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie...

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private...

TikTok under fire: Espionage claims, election influence campaigns and controversies

The platform faces accusations of espionage in the United States, while the European Union has...

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King Abdulaziz International Airport serves 42.7m passengers in 2023, a 36% growth

Jeddah, Saudi Arabia — King Abdulaziz International Airport served over 42.7 million passengers in 2023, reflecting a remarkable growth rate...
  • The total number of flights reached 250,000, a 25% jump compared to 2022, which recorded 200,000 flights
  • Its Terminal 1 ranked first with 179.9 thousand flights, a 16% increase compared to 2022, which recorded 154.6 thousand flights

UAE and Jordan discuss boosting trade and investment ties

Amman, Jordan--The UAE and Jordan discussed enhancing trade and investment relations in order to stimulate joint economic growth and create...
  • The decision to enhance ties came up in a meeting between the UAE's minister of state for foreign trade, and Jordan's prime minister
  • Al Zeyoudi said the two countries wish to develop economies driven by innovation and the unhindered exchange of trade and investment

‘Promoting reading key to a knowledge-based society’

“By strengthening the habit of reading among people, we aim to contribute to comprehensive development and sustainable education, and to...
  • 'Reading in Public' initiative has been launched to encourage Arabic language reading in key Abu Dhabi locations.
  • The initiative includes free publications in hotels, cafes, hospitals, and more, under ALC's Kalima Reading Club.