Economy

Qualcomm plans to acquire Intel

 Qualcomm, the American multinational corporation that creates semiconductors, software, and services related to wireless technology is planning to acquire Intel,…

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Delta Air Lines suspends US-Israel flights until end of 2024 amid escalating tensions

Delta Air Lines announced Thursday that it is suspending direct flights between New York and Tel Aviv through the end of the…

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Nintendo sues ‘Pokemon with guns’ maker for patent infringement

Japan’s Nintendo said Thursday it has filed a lawsuit accusing the developer of a video game jokingly dubbed “Pokemon with…

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Can Saudi Arabia’s solar manufacturing initiative be a game changer?

Saudi Arabia seeks to position itself as a player in the global renewable energy sector with an ambitious goal of sourcing…

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IMF halts wartime Russia review after criticism from EU nations

The International Monetary Fund (IMF) indefinitely postponed its first planned consultations with Russia since the start of President Vladimir Putin’s…

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Saudi Arabia strikes $1 bln deal as aluminum drive picks up

Saudi Arabia has announced three deals in as many days as the oil-rich kingdom looks to accelerate the expansion of…

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Coming winter ‘sternest test yet’ for Ukraine energy grid: IEA

The coming winter will prove the “sternest test yet” for Ukraine’s energy grid since Russia’s invasion, with numerous power plants…

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Dubai’s flying Taxi future: Launching in 2025 with Uber integration

Dubai is set to launch its highly anticipated flying taxi service as early as late 2025, a year earlier than…

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UAE, Australia reach trade deal set to boost agriculture exports, investments

Australia said on Tuesday it had reached a trade deal with the United Arab Emirates that would remove tariffs for…

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Gold hit a new record, trading at $2,567.93 per ounce

Gold price hit a new record, now trading at $2,567.93 per ounce, while experts are anticipating further increases. Gold prices…

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