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Business
47 posts
InDrive strengthens presence in Pakistan with investment in Krave Mart’s grocery delivery platform
Ride-hailing giant InDrive is making a bold foray into the e-commerce space with a strategic investment in Pakistan's rapidly growing grocery delivery platform, Krave Mart.
December 28, 2024
Honda and Nissan announce merger talks to create world’s third-largest global automaker
Honda and Nissan have entered into official talks to merge and create the world’s third-largest automaker.
December 25, 2024
Oman Investment Authority acquires stake in Elon Musk’s xAI
Oman Investment Authority (OIA) has acquired a stake in xAI, Elon Musk’s artificial intelligence company
December 19, 2024
Elon Musk becomes first person to reach $400 billion net worth
Elon Musk becomes the first person to reach a net worth of $400 billion
December 12, 2024
Apple announces expansion in Saudi Arabia, first retail stores opening in 2026
Apple has unveiled plans for expansion in Saudi Arabia. First Apple store locations starting in 2026.
December 9, 2024
Nvidia overtakes Apple and Microsoft to become world’s most valuable company
The chip maker Nvidia, at the center of the artificial intelligence boom, has surpassed Microsoft and Apple to…
June 19, 2024
Alef Education aims for $2.5 billion valuation in UAE’s first edtech IPO
Alef Education is seeking a valuation of up to $2.57 billion in the first-ever listing of an edtech firm in UAE
June 4, 2024
Visa and Mastercard agree to $30 billion settlement to lower fees for US merchants
Global credit card networks Visa and Mastercard have reached a landmark settlement with merchants in the United States…
March 29, 2024
Germany emerges as world’s third-largest economy as Japan slips into recession
Germany has solidified its position as the world's third-largest economy, surpassing Japan. This development comes as Japan abruptly slipped into a recession at the end of last year, losing its title.
February 15, 2024
AWS to invest $15 billion to expand cloud infrastructure in Japan
Amazon Web Services (AWS) will invest $15 billion (2.26 trillion yen) in Japan over the five years through 2027.
January 22, 2024