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BMW headquarters searched by EU investigators

BMW headquarters searched by EU investigators

BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. reported on BBC EU investigators are looking into…

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Dubai Investments profit declines in Q2

Dubai Investments profit declines in Q2

Dubai Investments said yesterday its second-quarter net profit dropped 12.6 percent owing to one-off gains from divestments amounting to Dh186 million in the first half of last year. Net profit…

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Weinstein Company in talks over possible sale

Weinstein Company in talks over possible sale

The Weinstein Company is in talks over a possible sale to a private equity firm. The company said it had entered a preliminary agreement with Colony Capital over the potential…

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Air Liquide and Al-Futtaim Motors inaugurate the first hydrogen station in Dubai,

Air Liquide and Al-Futtaim Motors inaugurate the first hydrogen station in Dubai,

Air Liquide and Al-Futtaim Motors inaugurate the first hydrogen station in Dubai, United Arab Emirates Air Liquide and Al-Futtaim Motors jointly inaugurated the first hydrogen station in Dubai, United Arab…

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Saudi Aramco: FCA head admits to talks over listing plans

Saudi Aramco: FCA head admits to talks over listing plans

The head of the City regulator has admitted meeting oil giant Saudi Aramco over a potential £1.5 trillion listing on the London Stock Exchange. Andrew Bailey, chief executive of the…

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Uber lodges appeal over London ban

Uber lodges appeal over London ban

Uber has filed an appeal against the decision by London authorities to deny it a licence to operate in London. Last month, Transport for London (TfL) refused Uber a new…

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Saudi Arabia needs to plug $115bn infrastructure investment

Saudi Arabia needs to plug $115bn infrastructure investment

Saudi Arabia, the world's top oil producer, and Arab world's largest economy will have an infrastructure investment gap of US$115 billion by 2040, as the country’s population becomes more urbanized,…

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6 major excuses that disturb productivity

6 major excuses that disturb productivity

All people dream big, but not all achieve big; productivity is the key of success, some people have the strength to wake up every day and break the ultimate walls,…

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Germans are falling out of love with their carmakers. Angela Merkel knows it

Germans are falling out of love with their carmakers. Angela Merkel knows it

Germany's most important industry has a tough new critic: Chancellor Angela Merkel. Campaigning to win a fourth term in elections on Sunday, Merkel has turned her fire on German automakers…

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Egypt has been seeking foreign investments for the Suez Canal Economic Zone

Egypt has been seeking foreign investments for the Suez Canal Economic Zone

Egypt’s Minister of Investment Sahar Nasr said that cooperation is ongoing between the ministry and the General Authority for the Suez Canal Economic Zone to attract nearly $30 billion in…

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Brits put car purchases on hold as Brexit bites

Brits put car purchases on hold as Brexit bites

Auto sales in the U.K. are slumping as Brexit looms large. Sales of new cars in Britain dropped by 9.3% in September compared to the previous year, according to data…

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Google has found Russian ads related to 2016 election

Google has found Russian ads related to 2016 election

Google has identified tens of thousands of dollars in ad buys by Russian accounts that used YouTube or Google advertising to try to spread misinformation and sow discord in American…

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With Harvey behind it, Houston still has a long way to go

With Harvey behind it, Houston still has a long way to go

It's easy to forget it's only been six weeks since a megastorm slammed into the Gulf Coast of Texas. Unless, of course, you live there -- in which case, forgetting…

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Why Bitcoin’s Bubble Matters

Why Bitcoin’s Bubble Matters

Ask most people about the bitcoin bubble, and they’ll probably have the same reaction: It’s interesting, but it won’t affect me. After all, they’ll figure, they aren’t investing in bitcoin,…

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Last-gasp Pharaohs end World Cup exile

Last-gasp Pharaohs end World Cup exile

Egypt clinched their place at the 2018 FIFA World Cup Russia™ to earn their first appearance at the finals for 28 years, having had to watch from the sidelines since…

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