Bahrain’s Investcorp invests in India’s Xpressbees

Xpressbees has a presence across more than 2,000 towns and cities in India

Turki Al Malki, Saudi coalition

Saudi forces destroy armed drone launched towards civilian targets in the kingdom

The attack, launched on Wednesday, targeted the kingdom’s southern region

Dubai’s Emirates ramps up A380 flights; adds services to UK and Russia

Emirates is expanding its services to the UK following the establishment of UK-UAE air corridor

Bahrain’s Investcorp acquires cereal and coffee company Viz Branz

Viz Branz has approximately 1,300 employees with manufacturing facilities and operations in China and Myanmar

World hunger problem means some nations risk famine, UN says

Food insecurity is rising globally

Multiple shots fired at Saudi embassy in Netherlands

No injuries were reported

Saudi oil giant pitches gas to China in cleaner-fuels push

Aramco is the world’s largest oil exporter

Oil extends gains on signs OPEC+ edging toward keeping cuts

The producer group is considering keeping additional supply off the market for three to six months

Bahrain’s Investcorp sells eight US properties for over $900m

The properties were garden and townhome-style apartment buildings located in major metropolitan areas

FAA poised to lift Boeing 737 Max jet’s grounding next week

Commercial flights wouldn’t begin immediately after the FAA approves the plane for service

In pictures: First passengers make maiden voyage in hyperloop pod to mark testing milestone

Josh Giegel, co-founder and chief technology officer, and Sara Luchian, director of passenger experience, were the first people to ride

Bahrain’s Investcorp invests in Wuhan’s medical testing group, Kindstar

Kindstar offers patients and physicians access to advanced specialty testing services

Abu Dhabi wealth fund culls Japan team, seeking new growth focus

It will continue to invest in Japanese equities but only through its external managers

Blockchain app may solve Covid-19 virus passport puzzle

Blockchain technology will help create digital vaccination certificates

US election update: Biden’s tightest path may run through Nevada

Democratic nominee Joe Biden needs a win in one more state provided that other race calls stand

Exclusive: UAE-Israel Business Council co-founders on what comes next after the peace deal

The peace deal will alter the bilateral economic landscape and much more, opine co-founders Fleur Hassan Nahoum and Dorian Barak

Tesla Electric Vehicle

The rise of electric mobility in the Middle East – time to make the switch?

The International Energy Agency’s Global EV Outlook 2020 report found that sales of electric vehicles topped 2.1 million globally in 2019

ADIA, PIF invest $1bn in Reliance’s fiber-optic assets

Both ADIA and PIF are repeat investors in Ambani’s conglomerate after plowing billions in his digital and retail units earlier this year

Ghosn says French investigators will quiz him in Lebanon in 2021

Ghosn was arrested in Tokyo almost two years ago and escaped to Lebanon in December

Turkey: Search, rescue work continues after earthquake

Rescuers seek survivors as Aegean earthquake toll rises

President Recep Tayyip Erdogan said at least 37 people were killed while 885 were injured

UAE joins Global Ocean Alliance to achieve 30by30 conservation target

The UAE is the first Middle Eastern country to endorse the target

Electric-car mania turns battery makers into power brokers

A handful of companies based in China, Japan and South Korea, make automotive-grade battery cells, which has upset the traditional dynamic between carmakers and parts suppliers

A. Lange & Söhne Turbograph Perpetual Honeygold “Homage to F.A. Lange

Five new luxury watches unveiled at Watches & Wonders in China

These were some of the finest watches which made their debut at the Watches & Wonders Shanghai event last month

Jose Neves Farfetch

Exclusive: Farfetch founder José Neves on the exponential growth of luxury fashion e-commerce

José Neves talks about the rationale behind smart acquisitions, building white-label digital infrastructure for companies, and why the Middle East region is vital to its business

Egypt’s biggest listed bank slumps after chairman steps down

The stock fell as much as 10 per cent to trade at EGP60.10 pounds before paring the decline to 7.2 per cent at close

Samsung Electronics chairman, Lee Kun-hee, dies at 78

The reins are now set to pass to his only son Jay Y. Lee, who’s been the conglomerate’s de facto leader since his father’s hospitalisation in 2014

Dubai’s Emirates to operate A380 to Amman from November 4

Customers can fly the Emirates A380 from Dubai to Amman thrice a week

Radisson hotel group launches new brand; signs 10 new hotels across EMEA in Q3 2020

The new signings build on the 15 hotel signings which were announced in Q2 2020

British Business Group

Lessons learnt: How Covid-19 has impacted the British business ecosystem in the UAE

Gulf Business speaks to John Martin St. Valery, chairman of the British Business Group for Dubai and the Northern Emirates, on coping with the crisis, impact of Brexit and plans ahead

Amazon to let employees work from home through June 2021

The Seattle-based company had previously said workers could stay home until early 2021