Elon Musk just made headlines again with his wealth! His net worth shot up by a whopping $34 billion in just one day, securing his spot as the richest person on the planet. This massive boost came right after Tesla released an impressive earnings report, causing the company’s stock to soar by 22%. It was […]
The Irish Data Protection Commission (IDPC) has fined LinkedIn, a Microsoft-owned platform, €310 million (around $335 million) for violating the General Data Protection Regulation (GDPR) related to its ad tracking practices. This investigation focused on LinkedIn’s processing of personal data for behavioural analysis and targeted advertising, particularly examining whether the platform’s practices aligned with GDPR […]
DUBAI: Sir Tim Clark, President of Emirates Airline, has said that the Emirates Group, under the leadership of H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, is without a doubt one of the most successful aviation […]
SHARJAH: The Sharjah Business Women Council (SBWC) concluded a four-day trade mission to Mumbai, India, culminating in a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce & Industry Ladies Organization (FICCI FLO). This partnership marks a new phase of cross-border collaboration between Emirati and Indian women entrepreneurs. During the mission, SBWC […]
SHARJAH: The Sharjah Airport International Free Zone Authority – SAIF Zone – participated as a Diamond Sponsor at the 9th Food Processing Summit & Awards 2024, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) in Gujarat, Ahmedabad. This sponsorship aimed to strengthen SAIF Zone’s position as a premier investment destination in […]
Lulu Retail Holdings PLC announces plans to float on Abu Dhabi Securities Exchange (ADX). Abu Dhabi: Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer and a public company limited by shares incorporated in the Abu Dhabi Global Market (ADGM), today announces its intention to proceed with an Initial Public Offering and to […]
BEIJING: China’s domestic consumer market showed steady growth in the first three quarters of 2024, according to the National Bureau of Statistics (NBS). The Chinese government actively supported this expansion through policies aimed at boosting domestic demand, such as trade-in subsidies for cars and household appliances. In September, retail sales of household appliances and audio-visual […]
ABU DHABI: The UAE has firmly established itself as a leading hub for start-ups in the region, driven by its appealing investment environment, flexible business regulations, and innovation-focused legislation. International institutions highlight that the UAE excels in global start-up indicators, reflecting its ongoing commitment to fostering a supportive investment landscape for innovation. This dedication has […]
SHARJAH: The Sharjah Electricity, Water and Gas Authority (SEWA) has announced the completion of the first two phases of its natural gas delivery project to the central region and is now advancing to the third and fourth phases. Engineer Ibrahim Al Balgouni, Director of the Natural Gas Department, emphasised that the initiative reflects generous directives […]
DUBAI: Dubai is taking a big step towards a greener future! The Dubai Electricity and Water Authority (DEWA) has just issued the first two licenses for electric vehicle (EV) charging stations to Tesla and UAEV. This move is part of DEWA’s shiny new Regulatory and Licensing Framework, aimed at ramping up EV infrastructure across the […]
WASHINGTON: The UAE’s economy is looking strong for the coming years, with the World Bank’s latest MENA Economic Update predicting a GDP growth of 3.3% in 2024 and 4.1% in 2025. The report, titled “Growth in the Middle East and North Africa,” also points out that the UAE will lead in real GDP per capita […]
