Majid Al Futtaim, a leading retail and leisure conglomerate, has reported a robust Dh1.6 billion profit for the first half of the year, reflecting a strong performance across its diversified portfolio. The company’s latest financial results showcase signi...

Russia’s Foreign Minister Sergey Lavrov criticized France for detaining Telegram founder Pavel Durov, claiming that the move was an attempt to gain access to the messaging app’s encryption codes. Lavrov’s remarks, which were made during a press briefing,...

Soaring temperatures across the Mid-Atlantic and Midwest regions of the United States are placing unprecedented pressure on the country’s largest power grid, prompting concerns over potential outages and the grid’s ability to meet the surging demand. As m...

Dubai-based Web3 streaming platform Myco has raised $10 million in the first closing of its Series A funding round, pushing its post-money valuation to $80 million. This influx of capital will fuel Myco’s expansion plans and migration to blockchain techno...

The World Health Organization (WHO) has initiated a global response plan to address the mpox outbreak, seeking $135 million in funding to coordinate international efforts. This new initiative comes as mpox, previously known as monkeypox, has emerged as a...

SmythOS, a new business software suite, is revolutionizing how companies integrate their operations across diverse global environments. The innovative platform promises to harmonize various business functions, transcending barriers of distance, language,...

Mubadala Investment Company, the sovereign wealth fund of Abu Dhabi, has finalized a significant investment in UCB Pharma’s assets in China. This strategic move underscores Mubadala’s growing commitment to the global healthcare sector and its expanding pr...

Saudi Electricity Company (SEC) has finalized a significant financial arrangement, securing a SAR 15 billion ($4 billion) joint syndicated revolving credit facility. This substantial credit line has been arranged with the support of 15 major regional and...

Google Keep, the popular note-taking app, is introducing an advanced AI-driven feature on Android devices. This new functionality, named ‘Help Me Create a List,’ is designed to assist users in effortlessly generating and managing their lists for tasks lik...

The gender gap in U.S. politics is deepening as the 2024 presidential election approaches, and Vice President Kamala Harris finds herself navigating this complex landscape. While the issue of gender plays a significant role in voter alignment, Harris has...

TECOM Group, a key player in Dubai’s commercial real estate sector, has committed $93 million to expand its portfolio by developing Grade A office spaces in the new Phase 3 of the Innovation Hub. This project is part of TECOM’s strategy to meet the increa...

Several leading airlines, including Singapore Airlines, British Airways, and Lufthansa, have resumed and expanded their flight operations over Afghanistan, a significant shift from their previous avoidance of the region. This development comes as heighten...

Failaka Island, a historically significant site in Kuwait, is set to be added to UNESCO’s World Heritage List. This development follows the recent signing of a Memorandum of Understanding (MoU) between Kuwait’s National Council for Culture, Arts, and Lett...

The UAE has reaffirmed its commitment to leading global climate action during its participation in the United Nations’ Critical Energy Transition Minerals (CETM) Panel, held in Nairobi, Kenya. Abdulla Balalaa, the UAE’s Assistant Minister of Foreign Affai...

Network International and Sharjah-based Invest Bank have formed a strategic partnership aimed at expanding digital payment solutions. This collaboration will integrate Network International’s extensive digital payment capabilities with Invest Bank’s finan...