Browsing Category
Business
World Bank president advocates for inclusive development path
During the opening day of the World Governments Summit (WGS) 2024, Ajay Banga, President of the World Bank Group, delivered a…
Pinterest shares dip on weak outlook, revenue miss
Pinterest shares plummeted in extended trading on Thursday following the company’s disappointing revenue report and a…
Cocoa prices surge as bad weather hits West Africa crop yield
Cocoa futures prices have surged more than $1,000 or nearly 40% since the start of the year to hit an all-time high of $5,874 per…
Edge, Turkish Aerospace forge partnership at World Defence Show
At the prestigious World Defence Show in Riyadh, Saudi Arabia, today, EDGE, a global leader in advanced technology and defense,…
Aldar’s AED22 billion contracts boost UAE companies
Aldar Properties (“Aldar”) has disclosed the allocation of 49 contracts, totaling AED22 billion, for a spectrum of projects…
Adnoc Distribution hits $1b EBITDA milestone in 2023
ADNOC Distribution, a leading fuel distributor, has unveiled its financial results for 2023, achieving a significant milestone by…
PM Modi reshapes India’s economic trajectory
Prime Minister Narendra Modi’s tenure witnessed a paradigm shift in India’s economic landscape, catapulting the nation to the…
Tech industry sees 32,000 job cuts in ongoing layoff wave
In a continuation of an unsettling trend, the tech industry is facing yet another wave of job cuts, further exacerbating the…
MENA witnesses $10.7 billion from 48 IPOs in 2023
The Middle East and North Africa (MENA) region experienced a remarkable surge in initial public offerings (IPOs) in 2023, with a…
Snap Inc. announces 10% workforce reduction, impacting 500 jobs
In a significant strategic move, Snap Inc., the parent company of Snapchat, has announced its intention to reduce its global…