News

Sierra Space CEO Leaves, As $5 Billion Company Pushes To Launch Space Plane Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement,…

Microsoft Plans To Invest $3B In AI, Cloud In India Microsoft plans to invest $3 billion to expand its artificial intelligence and cloud services in India. The firm,…

Dubai Taxi Company Unveils Ambitious 2025-2029 Growth Strategy The 2025–2029 strategy represents a key step toward redefining urban mobility, leveraging technology, and…

Japan’s Honda And Nissan To Reportedly Begin Merger Talks DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a…

Sheikh Mohammed Approves Dhs5.4 bn Housing Package For Citizens In Dubai The housing projects, offering diverse options for Emirati citizens, align with the Sheikha Hind…

Diriyah Company Opens Electricity Substations Under Urban Infrastructure Projects The Diriyah Company has opened two major electricity substations operated by the Saudi…

Hindenburg Research Shorts Carvana, Calling Company’s Turnaround A ‘Mirage’ Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming…

UAE Non-Oil Sector Growth Accelerates, PMI Data Shows The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) rose to 55.4 in December from 54.2 in…

UAE to Expand CEPAs in 2025 Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that the UAE’s CEPAs programme is designed to expand the…

Jack Morgan Launches Flagship Store In Abu Dhabi’s Reem Mall Abu Dhabi’s Reem Mall has welcomed a new addition with the opening of Jack Morgan’s flagship store, a…