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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • First West African case of deadly Marburg virus detected: WHO

    The virus, which is carried by bats and has a fatality rate of up to 88 percent, was found in samples taken from a patient who died on August 2 in southern Gueckedou prefecture
  • Dubai Chamber launches online tool to fill $10b export gaps

    The launch of the tool is in line with the emirate’s new target to boost its foreign trade from around $380 billion to around $545 billion over the next five years.
  • Emerson to set up solar rooftop plant at Dubai head office

    This is expected to be the largest solar rooftop plant in a single location within the Jebel Ali Free Zone.
  • Saad Toma new GM of IBM Middle East and Africa

    Toma succeeds Takreem El-Tohamy, who has been appointed GM, Global Strategic Sales.
  • WHO urges action to suppress Covid before deadlier variants emerge

    The highly-transmissible variant, first detected in India, has now surfaced in 132 territories and is partly to blame for an 80 percent rise in coronavirus deaths in Africa over the past four weeks.
  • Hoping to defy Covid-19 anxiety, Egypt to restart flights to Africa

    In a meeting with EgyptAir officials, the country’s civil aviation minister stressed for promoting the airline’s sales in light of the pandemic’s impact on global travel The airline, to begin with, will fly to destinations in Ghana and South Sudan, and then spread the network to other nations in the...
  • Ipsen expands into MEA with UAE headquarters

    The French pharmaceutical firm has inaugurated its new regional headquarters in Dubai.
  • DP World makes offer to buy all outstanding shares of Imperial Logistics

    DP World expects the deal to build supply chains especially in Africa Imperial Logistics has operations in 25 countries Dubai-based port operator DP World said on Thursday it has made an offer of $890 million to acquire all the outstanding shares of the Johannesburg Stock Exchange-listed Imperial Logistics, allowing it...
  • Honoured to represent Africa, says Jabeur as Wimbledon dream ends

    Aryna Sabalenka ended Jabeur's historic run at Wimbledon, the second-seeded Belarus player's power getting the better of the guile of the Tunisian 6-4, 6-3 in 74 minutes Jabeur beat three former Grand Slam title winners -- Venus Williams, Garbine Muguruza and Iga Swiatek -- on her run to her second...
  • ‘Internet Monsters’ to raise awareness on child safety online

    The online campaign is based on classic fairytales to which modern cyber twists have been added to portray what occurs in the digital world Over 30 percent of all internet users are estimated to be children and given the expansion of broadband access, this number is only set to rise...
  • Subex, Spire Solutions partner to address cyberattacks in Middle East

    The volume of inbound cyberattacks grew by 67 percent in the first 4 months of 2021  Subex's latest threat landscape report has found that segments such as oil and gas, manufacturing, and healthcare have been at the receiving end of cyberattacks  Subex and Spire Solutions, Middle East and Africa's leading...
  • Qatar Airways to fly to Zimbabwe, Zambia

      Qatar Airways said with the two new routes, the carrier will operate over 100 weekly flights to 27 destinations in Africa The carrier's chief executive, Akbar Al Baker said the move would support the growth of tourism and economies in Zimbabwe and Zambia     Come August, Qatar Airways...
  • Richard Leopold is new Bentley Regional Director for UK, Middle East, Africa, India

        Leopold replaces Sarah Simpson who leaves Bentley to join Porsche GB as CEO. The UK, Middle East, Africa and India regions consist of 38 retailers, 20 of which are in the UK Bentley Motors has announced the appointment of Richard Leopold as Regional Director for UK, Middle East,...
  • Egypt’s largest solar plant gets $ 114m financing package

    Located less than 20 km from Africa’s biggest solar park, Kom Ombo plant will add 200 MW of energy capacity Leading Saudi developer and investor ACWA Power will construct the plant ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 high-growth...
  • Countingwell launches operations In Middle East and Africa

    The app will be initially available in UAE, Kuwait, Oman, Qatar, Saudi Arabia, and Bahrain. Countingwell today serves schools and their students in all regions of India Illuminati Learning Solutions, an Indian EdTech startup and the company behind popular maths learning app Countingwell said Tuesday it has started its operations...
  • Food insecurity looms in Middle East, Africa: WFP

    WFP data say 41 million people faced hunger in 20201 Half a million food insecurity cases living in conditions akin to 'starvation' in the Middle East and Africa The World Food Programme (WFP)  has reported that half a million food insecurity cases are living in conditions we56akin to “starvation” in...
  • $104 million program targets land degradation in Africa, Central Asia

      The program will bring 12 million hectares of drylands under sustainable land management Drylands cover over 40 percent of the earth's landmass and are home to around 2 billion people The global launch of a $104 million initiative is an ambitious effort by a range of partners to safeguard...
  • Air Cargo up 12% in April compared to pre-COVID levels

      Middle Eastern carriers post a 15.3% rise in international cargo volumes in April 2021 versus April 2019 African airlines' cargo demand in April strongest of all regions at 30.6 percent     Air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12% in April 2021,...
  • Virgin Mobile to go carbon neutral in Middle East

    The company is also auditing vendors and supply chain for compliance with fair trade manufacturing and ethical practices It has teamed up with Dubai Carbon Center of Excellence Virgin Mobile Middle East and Africa has pledged to deliver products and services that make a positive impact on society and environment,...
  • MENA region to see fall in PC device shipments in Q2 2021

      The Middle East and Africa personal computer devices market will see a decline of 2.4 percent year-on-year in the second quarter of 2021 However, the overall outlook for the region for this fiscal is that the PDC market will grow by 4.8 percent The Middle East and Africa personal...
  • 3M appoints new VP, MD to lead MEA

      Svinger will oversee the strategic expansion of 3M across the region The appointment further strengthens 3M’s developing business in the MEA region 3M Wednesday announced the appointment of Laszlo Svinger as its new Vice President and Managing Director, Middle East, and Africa. In his role, Svinger will oversee the...
  • Egypt gears up to host Africa Food Manufacturing in August 2021

    The exhibition is expected to feature more than 150 participants from 20 countries, covering the four core sectors of manufacturing: food ingredients, processing, packaging and machinery, and logistics
  • Dubai Chamber to host Global Business Forum Africa in October

    The Forum is being held on the sidelines of Expo 2020 Dubai The event aimed at promoting Dubai as a gateway for African companies The sixth edition of the Global Business Forum (GBF) Africa is due to take place in October in Dubai and its focus will be global economic...
  • Turkey sets sights on Africa

    Turkey is working to raise its profile across Africa, seeking to expand its trade, diplomatic ties and, significantly, its security profile throughout the continent — and especially in and around the Horn of Africa — to the discomfort of other regional powers concerned about a resurgent Turkish political and military...