Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday. The company will produce its luxury car brand Lexus at a new plant …
Jared Kushner Says $1.5Bn From Qatar, UAE Came ‘Irrespective’ of Trump Win
President-elect Donald Trump’s son-in-law says his private equity firm secured investments ahead of the 2024 election to “avoid any conflict.” …
Dubai: Gold prices dip in early trade
Waheed Abbas is Assistant Editor, covering real estate, aviation and other business stories that directly affect the lives of UAE consumers. He frequently reports human interest stories, too.
ADNOC Drilling’s two brand new jack-ups rigs arrive in UAE
The new rigs top off a superlative year for ADNOC Drilling and a testament to how well the company has navigated the year …
Satellite Images Show North Korea Boosting Arms Flow to Russia
North Korea and Russia are deepening their military cooperation, as Pyongyang ramps up the supply of arms to Moscow for its war in Ukraine and receives much needed cash and oil from the Kremlin in …
Saudi Arabia, Yemen agree to establish 3 firms
The Saudi-Yemeni Business Council at the Federation of Saudi Chambers announced the launch of six initiatives to boost trade and investment exchanges …
South Korea’s economy on edge as won hits 15-year low against dollar
The South Korean won-dollar exchange rate has surged to the 1,450-won range, a level not seen in 15 years, signaling that the unexpected trend of a weakening won may persist. This has put domestic …
Bolt to invest B400m in Thai expansion
Estonia-based ride-hailing company Bolt plans to invest 400 million baht in 2025 to expand its presence for a period of two years.
The Philippine Global Capability Centers (GCC) Industry hinges on excellent English proficiency
The Philippine Global Capability Centers (GCC) market – expected to grow to US$ 67.97 Billion by 2032, and currently 15% of the country’s ITBPM (Information Technology and Business Process …
Japan to issue cease-and-desist order against Google
The Japanese antitrust watchdog found that the U.S. company has forced smartphone makers to install its search app.