Results for
Business
217 Results-
Gabon’s new strongman threatens business leaders over corruption
Gabon’s new strongman General Brice Oligui Nguema has blasted corruption among state contractors in a fiery address, telling business leaders they ... World News -
Snapchat’s Saudi popularity is ‘extension of social fabric’: Executive
Snapchat’s popularity in Saudi Arabia is an “extension of the social fabric” of the country, a top executive from the company told Al Arabiya English. ... Business -
Adani Green weighs raising $1.5 billion to fund expansion: Sources
Indian billionaire Gautam Adani’s renewable energy unit is considering raising about 123 billion rupees ($1.5 billion) to fund his coal-dependent ... World News -
Some Middle Eastern firms pushing IPO plans to 2024: Bank of America
Several Middle Eastern companies are planning initial public offerings (IPOs) in 2024 instead of this year, a senior Bank of America executive said, ... Business -
Saudi Arabia, UAE business conditions improve even as costs rise
Business conditions in Saudi Arabia and the United Arab Emirates improved in June, even as cost pressures increased.Accelerating demand helped the ... Saudi Arabia -
South Africa to demand crypto firms be licensed by year-end
South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according to the country’s financial ... Technology -
Apple infringed essential mobile tech patents, UK court rules
Apple Inc. infringed patents essential for communication technology used in iPhones, a UK appeals court ruled.For the latest headlines, follow our ... Technology -
Oman to establish two free zones in Khazaen economic city
Oman is to establish two economic free zones in Khazaen economic city at the Al Batinah South Governorate, the state news agency said on Twitter.For ... Business -
Israeli finance minister calls banks ‘scandalous’ but opposes legislation
Israeli Finance Minister Bezalel Smotrich said on Monday he was opposed to legislation that would require banks to pay interest on checking accounts, ... Middle East -
Beyond Meat wannabes are failing as hype and money fade
Unreal Food ended its pursuit of an eggless egg. Remastered Foods stopped developing vegan bacon. The Meatless Farm halted its plant-based sausages. ... Business -
More Americans are getting auto loans that exceed the worth of their cars
More Americans are entering into auto loans that exceed the worth of their cars after vehicle values declined in the wake of dramatic increases during ... Economy -
Norway proposes 40 percent gender quota for large and mid-size unlisted firms
Large and mid-size private firms in Norway must have boards comprising at least 40 percent women, Norway’s government proposed in a bill on Monday, in ... World News -
Bank wants Africans buying from each other, with their own money
A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum.For the ... Banking & Finance -
Brisk trading of Middle East oil may move more US flows to Asia
A surge in activity in a key Middle Eastern oil trading window is affecting the cost of the region’s crude against global benchmarks, a factor that’s ... Energy -
Qantas boss sells $11 mln of shares months before leaving
Qantas Airways Ltd. Chief Executive Officer Alan Joyce sold A$16.9 million ($11.3 million) of shares in the airline, offloading the bulk of his ... Aviation & Transport -
Saudi PIF agrees to buy 30 pct of Tamimi supermarket’s share capital
Saudi Arabia’s Public Investment Fund (PIF) has agreed to purchase 30 percent of the shares of leading Saudi supermarket chain Tamimi Markets. For the ... Financial Markets -
Creator of world’s largest floating waterpark in Jeddah plans Saudi expansion
The company behind the world’s largest floating waterpark – Pure Beach in Jeddah – plans to expand in the ‘El Dorado’ that is Saudi Arabia, its MENA ... Business -
Cash-hungry Adani utility shows funding urgency to power India
As shares of Gautam Adani’s conglomerate recover from an epic rout, the big question looming over the Indian tycoon is whether he can convince ... Business -
Goldman cuts Israeli shekel forecasts on politics, intervention
Strategists at Goldman Sachs Group Inc. have revised their forecasts to reflect a weaker shekel on renewed concerns that Prime Minister Benjamin ... Economy -
Iraq boosts gold reserves by two percent in single day in gradual buildup
Iraq’s central bank boosted its gold reserves by about 2 percent in a single day last week as part of what it calls a gradual plan to stock up on the ... Economy -
Rolls-Royce may cut thousands of jobs in turnaround plan: Report
Rolls-Royce Holdings Plc could cut thousands of jobs after the company hired consultants led by McKinsey & Co. to advise on streamlining its ... Business -
Apple inks multi-billion-dollar deal with Broadcom for US-made chips
Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to use chips made in the US.For the latest headlines, ... Technology -
Iraq has enough strategic wheat reserves for 6 months: Report
Iraq’s strategic wheat reserves are sufficient for six months, its state news agency quoted Minister of Commerce Atheer Daoud Al-Ghurairy as saying on ... Business -
Elon Musk says Tesla will try advertising
Tesla Inc. Chief Executive Officer Elon Musk said the electric-car maker will dabble in advertisements, a major shift for the company that’s largely ... Technology -
Netflix loses 1 mln Spanish users over password policing
Netflix Inc. lost more than one million users in Spain in the first three months of 2023 according to market research group Kantar, a sign that the ... World News -
Bankrupt crypto lender Genesis seeks mediator as DCG deal hits impasse
Bankrupt crypto lender Genesis Global Holdco LLC asked the judge overseeing its reorganization to appoint a mediator in order to save the outline of a ... Business -
Credit Suisse says lost $68 billion in assets last quarter
Credit Suisse (CSGN.S) said on Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were ... Banking & Finance -
Bed Bath & Beyond files for bankruptcy
Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat.For the ... Business -
Value of Russian exports falls 35 percent in Q1 as oil price cap bites: Cenbank
The value of Russia’s exports fell 35 percent year-on-year in the first quarter of 2023, due in part to a Western price cap on some Russian oil ... World News -
Saudi Telecom to buy United Group towers for €1.2 billion
Saudi Telecom Co. agreed to buy a portfolio of tower assets from United Group for €1.22 billion ($1.3 billion) as the carrier expands in Europe. For ... Business