Hungarian low cost carrier Wizz Air on Thursday said that its net profit stood at $244.26 million during the financial year ending 31 March 2025 Read More
Business
Companies
GCC
Mergers and Acquisitions
World
Abu Dhabi’s IRH Buys Controlling Stake in Alphamin Resources
The Abu Dhabi-based global mining company International Resources Holding (IRH), a subsidiary of UAE’s International Holding Company, said that it has Read More
Business
Agreement
Civil Aviation
Companies
GCC
World
ALJ Group to Distribute eVTOL Aircraft in Saudi Arabia
Abdul Latif Jameel, an 80-year-old conglomerate of diversified businesses in Saudi Arabia, and the US-based Joby Aviation, a company developing electric air Read More
Institutional investors are anticipating a significant uptick in retail allocations to private markets in the next two years, with retail investors set Read More
Business
Artificial Intelligence
Companies
Investments
World
Brookfield to Invest $10 Billion in Sweden’s AI Infrastructure
Brookfield Asset Management, on Wednesday announced up to $10 billion of investment to support the development of artificial intelligence (AI) infrastructure in Sweden.Read More
Abu Dhabi-based NMDC Group on Wednesday announced that NMDC LTS, a wholly owned subsidiary of the Group, completed the acquisition of a 70% Read More
Business
Artificial Intelligence
Companies
GCC
World
Kuwait SWF Joins MGX-Backed AI Infrastructure Partnership
Kuwait Investment Authority (KIA) has joined a consortium of companies including MGX, BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, and Read More
