Economy
-
Food delivery app Deliveroo to cut about 350 jobs
Deliveroo, the international delivery food app, announced Thursday plans to cut about 350 jobs, or nearly one tenth of its…
Read More » -
Turkey, Syria deadly earthquake could cost $4 billion in economic losses
The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on…
Read More » -
Egypt’s inflation continues to surge as food prices rise
Egypt’s annual inflation surged to a new high in January, as Egyptians continue to battle ongoing price hikes and a…
Read More » -
Abu Dhabi’s Aldar plans Dubai projects this year after venture with Dubai Holding
Aldar Properties PJSC, the biggest developer in Abu Dhabi, plans to start work on projects in Dubai this year after…
Read More » -
World must know truth about Nord Stream blasts, preparators must be punished: Kremlin
The Kremlin said on Thursday the world should know the truth about who sabotaged the Nord Stream gas pipelines and that those…
Read More » -
PepsiCo begins relocating senior leadership team to Saudi Arabia from UAE
PepsiCo has started moving its senior leadership team from Dubai to Saudi Arabia as part of plans to relocate its…
Read More » -
Major Indian state refiner BPCL eyeing Russian oil for long term
Bharat Petroleum Corp. will consider buying Russian oil under long-term contracts as India strengthens its relationship with the OPEC+ producer.…
Read More » -
Qatari investors set to bid for Manchester United: Report
Qatari investors are planning to make a huge bid to buy Premier League club Manchester United, the Daily Mail newspaper…
Read More » -
Metaverse, tokenization to revolutionize real estate sector: Dar Global CEO
While the global paradigm shift to digital is evident, UAE and the region in their quest for economic diversification have…
Read More » -
Adani Group shares extend gain as traders await earnings reports
Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the…
Read More »