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Dubai International Airport raises 2022 passenger traffic forecast to 58.3 million
The world’s busiest hub records its busiest quarter since 2020 as transit traffic rebounds Dubai International Airport has raised its...
Alen george
May 13, 20222 min read
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Jeff Bezos loses $20.5bn to drop to third place on Forbes' wealthy list
Amazon founder’s net worth tumbles to $150.1bn as the e-commerce company’s shares struggle Amazon founder Jeff Bezos slipped to third...
Alen george
Apr 30, 20222 min read
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FAB first-quarter profit at record high after Magnati stake sale
Net income for the first three months of the year climbed to $1.4bn First Abu Dhabi Bank, the UAE’s largest lender by assets, more than...
Alen george
Apr 28, 20222 min read
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Global action needed to prevent food crisis in Middle East and North Africa, warns IMF
In an exclusive interview, Jihad Azour, director of the fund’s Middle East and Central Asia Department, says rising prices risk social...
Alen george
Apr 28, 20222 min read
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Generation Start-up: How Akeed is transforming the online food delivery business in Oman
Starting Oman’s first online food delivery platform Akeed was not easy for its founders. Gaurav Nahar, Moosa Al Lawati and Darshan...
Alen george
Apr 25, 20224 min read
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Tesla robotaxi: what we know about Elon Musk's latest creation
The billionaire has numerous new products in the pipeline, including a vehicle with no steering wheel Elon Musk’s voyage into the future...
Alen george
Apr 22, 20223 min read
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UAE launches domestic dirhams treasury bonds with a size of $400m
The issuance will provide foreign investors with an opportunity to invest in bonds denominated in local currency The UAE announced the...
Alen george
Apr 20, 20222 min read
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Indian banks and payment providers pull support for cryptocurrency payments
This leaves customers without any way of funding their trading accounts with rupees When Surojit Chatterjee walked on stage at a Coinbase...
Alen george
Apr 16, 20222 min read
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What is Elon Musk's net worth?
The founder of Tesla and SpaceX is the richest person in the world, with a personal fortune of $259bn Elon Musk, founder and chief...
Alen george
Apr 15, 20223 min read
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Twitter shares surge after Tesla chief executive Elon Musk snaps up 9.2% passive stake
The stock price of the social media company jumped about 25% in pre-market trading on Monday Shares of Twitter surged about 25 per cent...
Alen george
Apr 5, 20222 min read
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Lebanon's central bank not bankrupt, governor saysCountry's economy contracted about 58 per cent bet
Country’s economy contracted about 58 per cent between 2019 and 2021, World Bank figures show Lebanon’s central bank governor Riad...
Alen george
Apr 5, 20222 min read
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Russia’s Sberbank to close London investment arm
The bank is unable to make payments because of sanctions, UK’s FCA says Russian lender Sberbank said on Friday it was winding down...
Alen george
Apr 2, 20221 min read
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Abu Dhabi Media's ADtv app added to Huawei's AppGallery
ADtv’s availability on Huawei devices grants users instant access to a wide collection of entertainment content in the Mena region Abu...
Alen george
Apr 2, 20223 min read
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Why Swiss watches are clocking up more sales in the US
Exports to the US rose by 55 per cent last year, nudging America past China for the top spot After more than a decade, Americans are once...
Alen george
Mar 26, 20222 min read
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Multiply Group to invest $100m in Dewa's IPO
Tech-focused group joins other Abu Dhabi companies as cornerstone investors in the listing Abu Dhabi’s Multiply Group, a...
Alen george
Mar 25, 20222 min read
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