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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • Saudis use AI, drones and thousands of cameras to keep hajj pilgrims safe

    Makkah, Saudi Arabia -- Working day and night in front of maps, screens and seemingly endless data, Saudi officials have harnessed artificial intelligence to help manage the million-strong sea of pilgrims during the hajj. The technology has proven pivotal to track the overwhelming amount of footage from more than 15,000...