Browsing: Business

Aldar Properties (“Aldar”) has disclosed the allocation of 49 contracts, totaling AED22 billion, for a spectrum of projects encompassing infrastructure, residential,…

ADNOC Distribution, a leading fuel distributor, has unveiled its financial results for 2023, achieving a significant milestone by surpassing $1…

Despite job postings in AI surge, layoffs continue as tech firms trim excess workforce, awaiting economic stability.

The MENA region reports $10.7 billion from 48 IPOs in 2023, driven by energy and logistics sectors, with strong Q4 performance.

Snap Inc. reveals plans to cut 10% of its workforce, affecting 500 positions, in a move to encourage in-person collaboration.

Geopolitical pressures challenge China’s pursuit of self-sufficiency, shaping its economic strategies in an evolving global landscape.

Modi’s visionary policies are propelling India towards an ambitious 8% GDP growth target, signaling a promising economic future.

IMF anticipates a 50% drop in China’s housing demand over the next decade, which could impact the country’s economic growth significantly.

Meta shares surge 20% after historic first-ever dividend announcement, marking a significant milestone for the tech giant.

Deutsche Bank, amidst a $4.5 billion profit, cut 3,500 jobs as part of a cost-cutting strategy, capitalizing on global interest rate trends.