by Priyanka Sharma | November 13, 2024 | Automotive, News
Volkswagen Group (VW) and electric vehicle (EV) maker Rivian have announced a strengthened joint venture aimed at advancing EV technology and reducing production costs. The German automaker has increased its investment in the partnership to $5.8 billion, up from an...
by Priyanka Sharma | November 13, 2024 | Technology
Apple enthusiasts looking for a more affordable iPhone option may soon see a new release on the horizon. According to recent reports from South Korean outlet AjuNews, the iPhone SE 4 is expected to launch in March 2025, following nearly two years since the release of...
by Jibran Munaf | November 12, 2024 | Energy
Dubai’s pioneering hydroelectric power plant in Hatta is 94% complete, with a trial run scheduled for Q1 2025, as announced by Dubai Electricity and Water Authority (DEWA). The AED1.421 billion pumped-storage plant will have a 250-megawatt capacity, a...
by Jibran Munaf | November 12, 2024 | Commodities, Energy
Oil prices remained relatively stable in early Tuesday trading, following a recent decline triggered by China’s stimulus plan and concerns about oversupply. Brent crude futures were down by 1 cent at $71.82 per barrel, while U.S. West Texas Intermediate crude...
by Jibran Munaf | November 12, 2024 | Real Estate
Dubai’s Emaar Properties PJSC announced a 3% rise in nine-month net profit for 2024, reaching AED8.52 billion ($2.3 billion), driven by strong retail sales and robust real estate demand. The company reported revenue of AED23.8 billion for the period. Property sales...
by Jibran Munaf | November 12, 2024 | Technology
In a bold move to counter U.S. Big Tech, European search engines Ecosia and Qwant have formed a joint venture called the European Search Perspective (EUSP). This partnership, split equally between the two firms, will develop a European-based search index aimed at...
