Four years after being scammed by a conman, and three months after Netflix made the 'most-watched documentary' out of their experience, Pernilla Sjöholm and Cecilie Fjellhøy will speak in Dubai of their refusal to fade away in silence.

Saudi investor Prince Alwaleed bin Talal, who initially spurned Elon Musk’s bid for Twitter, agreed to roll his $1.89 billion stake into the deal rather than cashing out, saying Tesla chief will be an "excellent leader" for the social media company. On April 14, Alwaleed opposed Musk’s buyout bid saying...

TikTok on Wednesday announced an ad revenue-sharing program with the social media platform's most prominent creators, moving closer to a model already used by its competitors.

German carrier set its sights on a record summer for traffic.

The EU should confiscate and sell Russian assets it has seized and use the proceeds to rebuild war-scarred Ukraine, EU chief Charles Michel said in an interview published Thursday. He was the first high-ranking EU official to propose the confiscation of oligarchs' assets.

AD Ports to develop, operate, and manage a terminal in Safaga seaport.

It's only a matter of a few years before we see such drones deployed in real-life work, said a roboticist at the Swiss Federal Institute of Technology Lausanne.

Revenue rallied 51 percent to $84.2 billion.

CEOs and market veterans from the region will review how the pandemic, which accelerated digital transformation, has given a competitive edge to innovative businesses.

There will be a total of three projects on which Egypt and the Italian company Eni will work together.

The firm says results signal travel rebound.

Qatar recorded real estate transactions worth 207.8 million riyals ($57 million) during the third week of April, a decrease of 30.5 percent compared to the previous week. Qatar’s Real Estate Registration Department at the Ministry of Justice said in its weekly real estate bulletin that from Apr 17-21, a total...

The groups urged advertisers to require that Twitter maintain its content moderation policies as a non-negotiable term of doing business with the platform.

This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs.

The drugmaker reported another round of strong earnings.

Dubai’s Virtual Assets Regulatory Authority (VARA) will enter into the Metaverse with the establishment of its Metaverse HQ in the dynamic virtual world of ‘The Sandbox’.

Major stock markets mostly steadied Tuesday, with traders braced for a sharp US interest rate hike to curb soaring inflation. All eyes are on the conclusion Wednesday of the US Federal Reserve's two-day policy meeting, where it is expected to lift borrowing costs by half a percentage point for the...

Pfizer reported another quarter of huge revenues growth because of its Covid-19 vaccine on Tuesday, but lowered the company's full-year profit forecast due in part to shifts in foreign exchange. The major American drugmaker reported revenues of $25.7 billion for the first quarter, up 77 percent from the year-ago period.

The two countries are said to have discussed ways to ‘overcome’ the effects of US sanctions against both nations.

This year's Jeddah Season is expected to feature international events and artistic and theatrical performances, Arab and international art concerts, games, and entertainment cities.

What are the top constituents of stock exchanges spread across the GCC countries? Here’s our infographic.

Finnish-led consortium Fennovoima said on Monday it has terminated a contract with Russian group Rosatom to build Finland's third nuclear power plant, citing risks linked to the Ukraine war.

Kuwait’s Ministry of Public Works has announced it will be re-building five commercial centers across the country. Local media reports, citing Elham Al-Shammari, the engineer of the project for demolishing, rebuilding and maintaining five external centers for commercial licenses in the Ministry, said the centers will be located in five...

Asian and European markets fell in holiday-thinned trade Monday following another tech-led rout on Wall Street, with focus on the Federal Reserve's expected interest rate hike this week. All eyes are on the US central bank's policy meeting this week, which is expected to see it hike borrowing costs by...

From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially after two years of the Covid-19 pandemic.

Qantas announced on Monday it will launch the world's longest non-stop commercial flight, with passengers set to spend 19 hours in the air traveling from Sydney to London by the end of 2025. After five years of planning, the airline said it was ordering 12 Airbus A350-1000 aircraft to operate...

The Emirates Development Bank (EDB) has restated its commitment to financial inclusion in the UAE with a range of financial solutions and services that enhance the profitability of the country’s SMEs and startups. On the occasion of Arab Day for Financial Inclusion, which is celebrated on April 27 of each...

The UAE has reaffirmed its support for workers' rights on the Workers' International Day. Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has hailed the UAE leadership's unwavering support for the labour market by endorsing legislation conducive to enhancing the elasticity, resilience and sustainability of the labour market...

US basketball star Chris Paul and American football players Larry Fitzgerald and Kelvin Beachum have invested in Indian Premier League cricket side the Rajasthan Royals, the franchise said Sunday.

The net income increased by 29.4 percent compared to $128.3m for Q1 2021.

Cybercrime has risen to the forefront of physical security concerns. And big firms are acutely aware of the problem, says Ephrem Tesfai from Genetec tells TRENDS.

The Central Bank of the UAE (CBUAE) has announced that the new AED5 and AED10 banknotes have entered circulation in the UAE following distribution to all banks operating in the country.

India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday. The firm's India office was raided in December in a separate investigation over alleged income tax evasion.

The buyout will give Swvl a foothold in developed markets.

The main Saudi index had a variable week, the Abu Dhabi exchange suffered a slight decline, while, the main index in Dubai closed unchanged.

The first public Sukuk issuance from IsDB in 2022 strengthens its position as the largest supranational institution.

The transactions included the buying, selling, and mortgages of all types of lands, buildings, and real estate.

A rising number of tech-savvy millennials, 60 percent of whom shop online, is one of the most important factors responsible for the rising ecommerce sales.

Investigators searched the offices of Germany's biggest lender Deutsche Bank on Friday, prosecutors said, with the focus on the bank's anti-money-laundering activities. The raid was linked to "suspicious activity reports filed by the bank" in relation to money-laundering, Deutsche Bank said in a statement.

Altaaqa of Saudi Arabia and TotalEnergies of France have teamed up to establish charging stations for electric vehicles in the kingdom.

Revenues grew 8.5 percent to AED 3,128 million.

The oil giant acquired shareholding from Mubadala Investment Company.

Saudi Arabia's drive to lure more foreign investment into the kingdom's stock exchange paid off as foreign ownership touched $70 billion in 2021.

The company warns of continuing challenges in the months ahead.

Tesla chief Elon Musk sold about $4 billion worth of shares in the electric carmaker in the days after Twitter's board agreed to his $44 billion takeover of the social media platform. Musk sold 4.4 million Tesla shares on Tuesday and Wednesday—according to filings Thursday with the Securities and Exchange...

The Company’s total consolidated revenue has increased by 7 percent to AED 78.6 million in Q1 of 2022 compared to AED 73.4 million during Q1 of 2021.

The bank, which is a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, has also been assigned an ‘aa-’ Government Support Rating (GSR).

However, it warned of a $4-8bn hit from Covid and supply chain woes.

With box offices bouncing back from the Covid-19 pandemic, and Netflix stock plummeting after its first loss of subscribers in a decade, John Fithian, head of the US movie theater industry's trade body, predicts movie theaters could even help the streaming giant adapt to an uncertain future.

Having struggled to deal with the loss of a loved one and postpartum depression, Hammad and Takalam co-founder Inas Abu Shashieh acknowledge that embracing one’s own vulnerabilities is often the first step towards improving mental health.