Business News

Land Prices Capped! Discover How Saudi Crown Prince is Transforming Riyadh’s Housing Market!

Crown Prince Mohammed bin Salman has initiated significant reforms in the Riyadh real estate market to stabilize soaring land and rental prices. These measures come in response to a...

OpenAI Announces Strategic Shift with Open-Weights AI Model

OpenAI, the renowned artificial intelligence company behind ChatGPT, has announced a significant shift in its approach by unveiling...

Dubai operations for Gateway Canada’s workforce placement services launched

Gateway Canada, a leading global mobility and business acquisition services provider, has officially launched its operations in Dubai,...

Are Dubai Landlords Rethinking Short- vs. Long-Term Rentals?

Dubai's property market continues to evolve rapidly as we move through 2025, with landlords increasingly reassessing their rental...

Lebanon Takes a Step Towards Economic Reform with New Central Bank Governor

In a significant move aimed at revitalizing its economy, Lebanon's cabinet has appointed Karim Souaid, a seasoned asset...

UAE Home-Grown Perfumes Expand Business Globally Amid Rising Demand

The UAE's perfume industry is making waves on the global stage, with home-grown brands gaining international recognition for their quality, innovation, and unique fragrances....

CEO of UAE’s Bitcoin Mining Firm Buys 20 Million Shares

In a significant move, the CEO of Phoenix Group, a leading Bitcoin mining company based in the UAE, has purchased 20 million shares of...

ADNOC and OMV Unite to Form $60 Billion Petrochemical Giant

In a landmark move, Abu Dhabi National Oil Company (ADNOC) and Austria's OMV are joining forces to create a $60 billion petrochemical powerhouse by...

Saudi Banks Banned from Using WhatsApp for Customer Service

In a significant move aimed at enhancing security and compliance, the Saudi Central Bank (SAMA) has prohibited local banks from using WhatsApp for customer...

UAE Launches “Jaywan,” Its First Domestic Card Scheme

The United Arab Emirates (UAE) has taken a significant step in its digital transformation journey with the launch of its first domestic card scheme,...

Starbucks Cuts 1,100 Corporate Jobs to Speed Turnaround

In a bold move to revitalize its struggling business, Starbucks cuts 1100 corporate jobs and simplifies its menu. This strategic decision comes as the...
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