by Jibran Munaf | October 30, 2024 | Automotive, Corporate Finance
Volkswagen, the German automotive giant, announced a 42% decline in third-quarter operating profit on Wednesday, citing high costs and restructuring efforts as key pressures. Operating profit for the quarter dropped to €2.86 billion ($3.1 billion), while sales revenue...
by Jennifer George | October 29, 2024 | Economy, Health & Fitness, Healthcare, Industry
As of 2022, the average life expectancy in the Arab World was 71.23 years. This figure has remained largely unchanged in the last decade, with the unsung exception of Saudi Arabia, which increased its population’s life span by 1.5 years in the last decade....
by Jennifer George | October 28, 2024 | Economy, Industry, News
Data from the National Bureau of Statistics outlined the worrying decline in China’s industrial profits in September. The findings highlighted the crippling ripple effects of China’s sluggish economic growth on its robust industrial sector, which accounts...
by Jibran Munaf | October 27, 2024 | Real Estate
ONE Development, a boutique real estate developer headquartered in Abu Dhabi and Dubai, has unveiled its flagship AED 2 billion ($544 million) project, Laguna Residence, in Dubai’s City of Arabia. This groundbreaking development is set to be the region’s first...
by Jibran Munaf | October 26, 2024 | Aviation
Flights from Dubai and Abu Dhabi are experiencing significant disruptions as UAE-based carriers respond to rising regional tensions following Israel’s recent airstrikes on Iran. Dubai-based flydubai confirmed that flights to Jordan, Iran, Iraq, and Israel were...
by Jibran Munaf | October 26, 2024 | Technology
At its 2024 WWDC event, Apple introduced its latest innovation, Apple Intelligence, a generative AI platform designed to enhance user experience across its product line. Amid fierce competition from AI initiatives by Google and OpenAI, Apple Intelligence adopts a...
