Asian shares barely managed to hold firm on Monday after a tumultuous week for global equities. MSCI’s broadest index of Asia-Pacific shares outside Japan was last...
IBM To Acquire Red Hat and become World’s #1 Hybrid Cloud Provider IBM and Red Hat have reached a definitive agreement under which IBM will acquire...
Dr Mohammed bin Hamad Al Rumhy, the Minister of Oil and Gas, has officially opened Petroleum Development Oman’s (PDO’s) Gas Network Operations Centre (GNOC). The state-of-the-art...
Billionaire wealth in the region grew to $165bn last year The firms said in their Billionaires Insights report that the number of billionaires in the region...
Uber’s new Safety Toolkit designed to improve driver and passenger security represents a ‘step change’ for the ride-hailing app, according to Sachin Kansal, global head of...
GEMS to create a network of schools in next 10 years that will accommodate up to 130,000 students. Middle East-focused education company GEMS and a Saudi...
Tesla Inc.’s CEO Elon Musk said he was signing off Twitter for a few days, shortly after tweeting that the $20 million (Dh73.45 million) penalty he...
Saudi Basic Industries Corp. posted a 5.4 percent increase in third-quarter profit, meeting analysts’ estimates. Net income rose to 6.1 billion riyals ($1.63 billion) from 5.8...
Microsoft overtakes Amazon and becomes the second most valuable company in the US. The Amazon report that came out on Friday was quite disappointing as it...
Richemont and Alibaba are teaming up in a venture that strengthens the Swiss Cartier owner’s lead in luxury e-commerce and gives the Chinese online retailer more...
