Business

Honda, Nissan and Mitsubishi begin talks to create world’s 3rd largest automaker

Honda and Nissan have formally entered talks on a possible merger by summer 2026, a deal that would create the world’s third-largest automaker.

Oman Investment Authority acquires stake in Elon Musk’s xAI

The Oman Investment Authority (OIA) has announced a strategic investment in xAI, the artificial intelligence company founded by Elon Musk.

Archer raises $430 million and teams up with Anduril to develop hybrid VTOL aircraft for defense

Archer Aviation, a cutting-edge aviation startup, secured $430 million to develop a hybrid vertical take-off and landing (VTOL) aircraft for critical defense applications

World’s 25 Richest Families in 2024: Waltons claim the top spot, UAE royalty ranks second

The Walton family, renowned for founding retail giant Walmart, has been crowned the wealthiest family in the world

India signs $100 billion free trade deal with 4 European countries

India has signed a trade agreement with four-member European trade bloc European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein.

More than $100 billion aviation deals signed at Dubai Airshow 2023

UAE recently concluded up a successful Dubai Airshow 2023 witnessing significant aviation deals worth more than $100 billion and key industry announcements.

Turkish parliament boycotts Nestle and Coke from menus over Israel support

Türkiye's parliament has ordered to remove Coca-Cola and Nestle products from its restaurants in response to their alleged support for Israel in the ongoing Israeli airstrikes

Latest News

Trump says US-Iran peace deal scheduled to be signed on Sunday

U.S. President Donald Trump said Saturday that a framework agreement aimed at ending the war involving Iran would be...