Business

Jameel Motors Partners with Changan Auto to Expand into South African Market

Aims to contribute significantly to the local economy by generating employment opportunities and fostering dealership development.

Emirates Group co-locates to world’s largest solar-powered data center

The co-location signifies a major shift for the airline group’s robust technology infrastructure as the organization prepares for its next big growth trajectory.

Automobili Lamborghini Achieves Record Sales and Revenue in 2024

Lamborghini hits record €3.09B revenue, €835M operating income in 2024, with 10,687 cars delivered, driven by innovation and a fully renewed model lineup.

HONOR Unveils Tech Gift Guide for Mother’s Day

HONOR unveils its ultimate Mother’s Day tech gift guide, featuring devices that enhance convenience, creativity, and entertainment for moms.

Juniper & IBM Advance AI-Powered Enterprise Networking with Gen AI

Juniper Networks and IBM expand collaboration to enhance AI-driven enterprise networking. By integrating Juniper’s Mist AI™ with IBM watsonx.

GCC Statistical Center: $131.5 bln in remittances by workers in GCC countries

The volume of workers’ remittances from GCC countries is the highest globally, followed by remittances from the United States.

Dubai Chamber records 33 pct rise in construction firms as new members

A total of 23,204 new companies operating in the real estate, renting, and business services sector joined the chamber last year, reflecting annual growth of 8.4 per cent.

TSMC Pitches Intel Foundry JV to Nvidia, AMD, Broadcom

Under the plan, TSMC would manage the operations while holding no more than a 50% stake.

USD/INR Update: Rupee Up Slightly in Early Trading

The Indian Rupee went up by 1 paisa to reach 86.67 against the US Dollar early on because of a drop in the dollar globally, but local problems stopped it from going higher.