The kingdom’s top builder reached out to restructuring specialists across the Gulf to assist with reorganising the business
The Japanese carmaker has had a rocky year that has brought it to the brink. However, a four-year transformation strategy has plotted out an aggressive turnaround plan. Here’s what to expect in the Middle East
His visit to the UAE forms part of a broader Middle East tour
Kuwait’s main equity index led losses in the region
Israel and the UAE disclosed on Thursday that they had decided to put aside decades of official animosity in favour of normalising ties
The deal is all about the UAE, Israel and the United States, says Gargash
The first six months saw $72bn of bond issuance from the region
Ensuring data centers are fully prepared to meet the future demand is a critical endeavour to support the new digital economy
While cybersecurity systems in place may have been enough before the pandemic, companies need to reassess their frameworks in light of this increased stress to ensure business continuity
He will undergo medical tests due to cholecystitis – an inflammation of the gallbladder
The carrier’s passenger network will grow to 62 destinations in August
The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month
It will introduce eight new models to the region over the next two years
The company said the move will allow for “maximum utilisation of resources” across the EMEA region
Fabrice Francois will join Goldman’s mid-market advisory franchise, known as the cross markets group
Increased digital engagement has supported the need for wealth managers to redefine their delivery models and grow their digitisation efforts
Over 603,000 items including face masks, hand sanitisers, protective equipment and 43 ambulances will be donated to 37 countries
According to the CEO, Careem has ruled out further job cuts after reducing staff by 31 per cent in May
Women’s wealth in the UAE and Saudi Arabia amounts to $103bn and $224bn respectively
The company’s first-ever wireless headphones is now available in the region
As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis
Habayeb has now been named as the senior vice president of GE, and the president and CEO of its Global Growth Organization
The measures will be in force until March 31 and will be reviewed subsequently
The share of international traffic carried by ME airlines hit 14.2 per cent
The UAE was the third largest market for Rolls-Royce after the US and mainland China in 2014, while Saudi Arabia was fifth.
The new tablet-laptop hybrid will be launched in the region next month along with the release of Windows 8.