A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by 12.2% in the second quarter compared with the same period of 2021, data showed on Wednesday, as the world’s top oil exporter reaps the rewards of highContinue Reading
Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn). Sony says Bungie, best known for the Destiny and Halo games, will help it “reach billions of players”. Halo is one of the games that contributed to the popularity of Microsoft’s Xbox.Continue Reading
Moroccan mining company Managem said on Wednesday it agreed with miner and commodity trader Glencore (GLEN.L) to produce Cobalt at a plant near Marrakech. The project is conditional on a feasibility study, to be completed by the end of the first quarter, to assess the commercial viability of the existing plant andContinue Reading
French train maker Alstom reported a rise in third-quarter sales on Thursday, bolstered by contract wins in Europe and stronger market clout as it integrates the rail unit it bought from Bombardier last year. The Paris-based firm reported sales of 3.92 billion euros ($4.45 billion), compared with the 3.71 billionContinue Reading
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App Annie. In 2020, UK regulator Ofcom found similar amounts of time spent, although its research included watching TV. App Annie’s report indicates that apps were downloaded 230 billion times in 2021, whileContinue Reading
RABAT, Dec 31 (Reuters) – Businesses working in Morocco’s key tourism sector say the country’s tough COVID-19 restrictions, including a full flight ban, are undermining its competitiveness compared to rival destinations. Morocco shut its borders in late November and will only reopen them at the end of January. It hasContinue Reading
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to captureContinue Reading
Alibaba Group today kicked off its 2021 11.11 Global Shopping Festival. (Photo: Business Wire) October 20, 2021 03:21 AM Eastern Daylight Time SHANGHAI–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) today officially kicked off its 13th annual 11.11 Global Shopping Festival (“11.11” or “Festival”) with an emphasis on sustainabilityContinue Reading
Apple Chief Executive Tim Cook said it marked the beginning of a major new era for a product line that powered the company’s rise in the 1980s and its resurgence in the late 1990s. San Francisco: Apple Inc on Monday said it will switch to its own chips for itsContinue Reading
Bahrain International Airport (BIA) is rolling out additional health and safety measures to protect the wellbeing of passengers and staff at the terminal, said a report citing an announcement from Bahrain Airport Company (BAC). The CAA guidelines are in line with the International Civil Aviation Organization’s (ICAO latest guidelines forContinue Reading