Saturday 25th of May 2019
Musk's SpaceX raised over $1 billion in six months
Billionaire entrepreneur Elon Musk’s SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation...
VW to intensify talks with Northvolt on battery project: Boersen-Zeitung
Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its board members told...
ECB hopeful Rehn lays out challenges facing Draghi successor
European Central Bank presidential hopeful Olli Rehn spelled out the challenges facing Mario Draghi’s successor in an interview published on Saturday, but declined to comment on the process.
Maduro invites Huawei to set up 4G network in Venezuela
Venezuelan President Nicolás Maduro is inviting China’s Huawei to help set up a 4G network in Venezuela, prompting opposition leader Juan Guaidó to accuse him of having an “absolute disconnection with...
Indian drug firm Himalaya eyes global research hub in Dubai
India-based Himalaya Drug Company has announced plans to expand its global research centre in Dubai
Airbnb makes its services more accessible to travelers and hosts in the MENA region, here’s how
Airbnb, the world’s largest accommodation rental and tour experience platform, has announced yesterday that their services are going to be available in Arabic
Jordan’s newest sportech startup DigitaSport raises seed funding from Oasis500
Oasis500, one of the leading investment companies and business accelerators based in Jordan announces a seed round of investment in Jordanian Sportech startup DigitaSport
Lebanese cabinet agrees draft budget to cut deficit, hopes to avert crisis
The heavily indebted Lebanese government approved a draft budget to cut its large deficit on Friday, aiming to ward off a financial crisis which top leaders have warned is bearing down on the country...
Amazon turns warehouse tasks into video games to make work ‘fun’
Amazon has recently installed screens at many of its warehouse workers’ stations that let employee to turn tasks such as assembling orders and moving items into competitive video games
India has ended Iranian oil imports: envoy
India has ended all imports of oil from Iran, its ambassador in Washington said on Wednesday, becoming the latest country to grudgingly comply with threatened US sanctions
Dubai on mission to Spain to secure more investment
Dubai FDI, the investment development agency of Dubai Economy (DED), has completed a mission to Spain’s leading cities as it looks to build on a recent jump in foreign direct investments from the Euro...
Ramadan booking trends revealed by Saudi's Almosafer
Almosafer has released data highlighting travel trends for the Eid travel season