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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.
  • British Airways staff halts strike after better pay offer

    A strike by British Airways staff at London Heathrow Airport this summer has been called off after an improved pay offer, trade unions said Thursday. Members of the GMB and Unite unions had recently backed action as surging inflation erodes the purchase power of wages, sparking walkouts across multiple sectors....
  • dnata of UAE unveils new cargo center at Heathrow airport

    dnata, Dubai-based air and travel services provider, has unveiled a new 10,500 sqm cargo center at London Heathrow airport.
  • Heathrow airport blames big loss in 2021 on UK Covid curbs

    London's Heathrow airport announced Wednesday it narrowed annual losses only slightly in 2021 despite the reopening of global air travel, blaming what it said were stricter passenger curbs in Britain compared to the neighboring EU. Heathrow recorded pre-tax losses totaling £1.8 billion ($2.4 billion) last year, it said in a...