(Bloomberg) –WeWork will narrowly avoid financial ruin and in the process, reward its former leader, Adam Neumann, with as much as $1.2 billion. The reaction from...
(Bloomberg) –Kuwait, OPEC’s fourth-biggest member, is considering cuts to its oil production capacity targets, in large part because mounting concern about climate change will constrict demand...
(Bloomberg) –Saudi King Salman bin Abdulaziz has named Prince Faisal bin Farhan Al Saud as his third foreign minister since taking the throne in 2015. In...
(Bloomberg) –Saudi Aramco is exploring ways to reward loyal investors in its initial public offering to ensure the record share sale isn’t followed by a wave...
(Bloomberg) –Women hold more than a quarter of board seats among the biggest companies for the first time, an analysis by executive recruiter Spencer Stuart found....
(Bloomberg) –Sino Biopharmaceutical Ltd.’s billionaire founder and his wife are transferring about one-fifth of the company’s share capital, or around $3.8 billion, to their son —...
(Bloomberg) — Oil fell as Russia sounded a cautious note on whether OPEC and its partners may cut production further, while industry data showed U.S. crude...
Indian low-cost carrier SpiceJet will launch its first international hub in United Arab Emirates (UAE), the company announced on Wednesday. It further revealed plans to launch...
Dubai: Data economy, which is still in the early stages in the Gulf Cooperation Council (GCC), is estimated to be worth $4.7 billion – representing 0.3%...
International travel guide Lonely Planet has released the list of top 10 cities to visit in 2020, and UAE’s Dubai is the only GCC destination to...
