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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.
  • Beirut most expensive city for expats Middle East: Mercer

      Cost of living fell in most Gulf cities in 2021; Riyadh most expensive Gulf city Abu Dhabi and Dubai fell 17 and 19 places respectively on Mercer Cost of Living Survey this year     Beirut was the most expensive city in the Middle East and third most expensive...
  • Dynabook Europe GmbH signs distribution deal with PC DealNet

    PC DealNet to distribute B2B mobile computing products and services in UAE, Qatar, Bahrain, Oman, Kuwait, Lebanon and Jordan  Formed in Lebanon in 1995, PC DealNet has expanded into Gulf and Jordan   Dynabook Europe GmbH has authorized PC DealNet with distribution rights of its award-winning B2B mobile computing products and...
  • Novo Nordisk earns the Best Place To Work certification in Kuwait for 2021

    Best Places to Work is considered as the ‘Platinum Standard’ in identifying and recognizing top workplaces  Novo Nordisk Kuwait wins the certification second time in a row Novo Nordisk Kuwait, an affiliate of the global healthcare company with more than 90 years of innovation and leadership in diabetes care, has...
  • Abu Dhabi’s largest solar-powered car park completed

    It has 7,542 solar panels producing electricity The facility is expected to reduce the emission equivalent of 5,300 tons of carbon dioxide per year Abu Dhabi’s largest solar-powered car park is complete, announced renewable energy firm Abu Dhabi Future Energy Company, aka Masdar, and Abu Dhabi Airports. With 7,542 solar...
  • Cairn case: Indian state-owned banks not to withdraw overseas funds

    Vested parties have orchestrated such reports, Indian Ministry of Finance said Cairn dispute relates to transfer of shares by Cairn UK, a holding company with subsidiaries in India The Government of India has strongly denied that it had asked state-owned banks to withdraw funds they hold in foreign currency accounts...
  • Gulf tourists await possible easing of EU travel rules

    Under the current restrictions, people from only 7 countries, including Australia, Israel, Singapore, can enter the EU  Gulf residents are expected to spend heavily on holidays this year as borders are opened European Union has agreed on Wednesday to ease COVID-19 travel restrictions on visitors from around the world ahead...