Air Arabia filed a lawsuit against Abraaj founder Arif Naqvi, becoming the first publicly-traded company to initiate legal proceedings against the Pakistani entrepreneur. The low-cost carrier...
Facebook is investing $300m (£233m) in local journalism projects amid mounting criticism over fake news on its platform. The company said it would be investing in...
Saudi Arabia hired HSBC Holdings banker Rayyan Nagadi to set up a privatization unit at the ministry of finance as the kingdom forges ahead with plans...
Dubai Frame the 150 m structure that opened in January 2018 has welcomed more than one million visitors. The structure, designed to resemble a ‘frame’, offers...
Saudi’s NEOM Bay, an urban project, will be completed in 2020. Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, the chairman of the NEOM board, approved...
MoU for digital solutions Between ITA Oman and Assisted Technology Centre in Qatar The Information Technology Authority (ITA) Oman signed a Memorandum of Understanding (MoU) with...
Volkswagen of America, Inc., unveiled the new 2020 Passat at the North American International Auto Show. Eight years ago, Volkswagen completely overhauled the midsize sedan with...
Prime Minister Theresa May’s Brexit deal was rejected by Parliament in a humiliating defeat, her plan for leaving the European Union all but dead. She now...
Emirates NBD reported a better-than-expected increase in full-year profit as lending rose and loan loss charges fell at Dubai’s biggest bank. The state-controlled lender recommended a...
Bank of Sharjah celebrated at the Jumeirah Beach Hotel – Dubai its 45th anniversary and key milestones achieved in the last half decade. As a legacy...
