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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.
  • UAE edge closer to World Cup after beating Oman

    Doha, Qatar -- The United Arab Emirates moved to within a match of their second World Cup appearance with a comeback 2-1 victory against Oman in Doha on Saturday. The Emiratis, who last appeared at a World Cup in 1990, were made to work for their win, when late goals...