Maersk and Hapag-Lloyd ink deal
The cooperation deal between the two will begin February 2025.EDGE, Baykar collaborate
EDGE smart weapons will be integrated into Bayraktar UAVs.Emirates Steel Arkan signs $2bn deal
The 5-year, iron-ore pellets supply deal was signed with BSC.Qatar Islamic Bank profit up
It posted a 7.5% jump in net profit to US$1.18bn last year.Mawani reports rise in container handling
The growth aligns with the aims of national logistics strategy.Google to slash ‘few hundred’ jobs
The internet giant will cut jobs from its global ad team.Goldman Sachs profits up 58%
Revenues rose seven percent to $11.3 billion.Al Arabia subsidiary wins Dubai contract
The contract was awarded by Dubai Roads and Transport Authority.CBI 2023 net profit at $46.5m
The 2023 annual net profit rose 14 percent from 2022.Microsoft becomes world’s largest company
The tech giant's market value has surged by over $1 trillion.Aramco Digital, Intel to join hands
The aim is to help develop of Open RAN technologies.Mammoet, Aertssen sign agreement
The two firms will provide heavy-lifting solutions in Qatar.DEWA unveils new distribution substations
It commissioned 1,414 substations of 11kv in Dubai.PureHealth buys Circle Health
The deal signifies PureHealth’s operational capabilities.ADQ, ADNEC to buy stake in TMG
The two will acquire 40.5% stake in the Egyptian firm.Delta reports profit jump
Its revenue jumped to $14.2 billion for the quarter.QNB net profits up 8% in 2023
The QNB Group posted a net profit of $4.25 billion.Tawazun Council acquires TASNEEF
Subsidiaries of TASNEEF were also acquired.Tesla suspends production in Germany
Houthi attacks in the Red Sea caused a shortage of parts.Infosys lowers revenue forecasts
Its net profit fell 7.29% Y-o-Y in the three months to December.OYO New Year Eve bookings up 64%
Oman emerges top performer in the GCC region.Borouge signs supply agreement
The two-year agreement is worth AED 160 million ($43.56 million).Amazon cuts hundreds of jobs
The cull will reach 27,000 positions across the company.Uber, Kia sign EV partnership
It is aimed at "enhancing electric vehicle offerings".DP World signs MoUs in India
The agreements worth US$3bn were signed with Gujarat.Honda unveils futuristic EV series
It will introduce a commercial model in the US in 2026.GSK to buy Aiolos Bio
The focus is on an asthma medication still at the testing stage.EVA Air orders 33 Airbus planes
The deal could be worth as much as $8.5 billion.Mubadala lists dollar, dirham bonds
This is Mubadala's seventh listing of a green debt instrument on ADX.Nakilat expands its fleet
The Qatari firm placed orders for 6 carriers with HSHI.ByteDance to sell gaming arm
It is in talks with buyers including tech giant Tencent.Aldar to invest US$272m in logistics
The developer will expand business in Dubai, Abu Dhabi.Samsung expects profit dip
The tech giant forecasts profit to fall to US$2.1bn for Q4.Rolls-Royce makes record deliveries
It delivered 6,032 cars in 2023, the highest in its 119-year history.Baims acquires Orcas Edtech
The firm plans to incorporate one-to-one tutoring services.Bahrain Steel raises $450m SLL
The company produces and supplies high-grade iron ore pellets.ADQ appoints new ADX chairman
The company also appointed two new Board directors.Vinfast to build EV factory in India
It is part of the company's planned US$2bn investment.Honda to set up EV plant in Canada
The plant is estimated to cost Honda US$14 billion.Alumicor to set up base in Bahrain
It will help the kingdom in the processing of aluminum.Avalon sets sights on Tadawul listing
The firm will offer 6 million shares in its Initial Public Offering.Dragon Oil, Turkmennebit ink MoU
Aim is to expand Dragon Oil’s investments in Turkmenistan.Tesla to recall 1.6m EVs in China
China is a vital component in US-based Tesla's global layout.PIF completes investment in MEPCO
The sovereign wealth fund acquired 23% stake in the firm.Alba sets new production record
It produced 1,620,665 metric tonnes of aluminium in 2023.Penguin, SkyBlue ink MoU
The aim is to redefine outdoor media advertising in Abu Dhabi.Abu Dhabi Islamic Bank adopts AI
The bank expects to enhance operations with AI tools.Telefonica to cut 3,421 jobs
The layoffs will reduce costs for the Spanish company.SRC, Alrajhi extend refinancing pact
The agreement was extended by an additional $1.54 billion.BYD overtakes Tesla in EV sales
Tesla's stock slipped after the news was announced.




















































