Global Risk Report warns of polarized societies
Populism and increasingly divided societies top the list of global risks compiled in a report ahead of the World Economic Forum in Davos, Switzerland, in mid-January as an anti-establishment backlash…
Prominent CEOs cautiously optimistic about 2017 economic prospects
2017 will be a year of changes and surprises, requires adaptations, say CEOs
ITIDA, Al Quiyadia Saudi Group discuss sponsoring ideas to support technological innovation
The Information Technology Industry Development Agency (ITIDA) and Al Quiyadia Saudi Group are in talks to discuss cooperation in the field of innovation and technological creativity. ITIDA CEO Asmaa Hosni…
China logs record outbound investment
China has seen a hefty rise in foreign direct investment in the past 12 months, a fresh study has shown. Imbalances are growing as investments by foreign companies in China…
Transsion acquires 20% market share in mobile market in 2016
Transsion, the brand that owns TECNO, itel, and Infinix mobile phones, acquired 20% of the mobile market share in 2016, according to regional business development director Mohamed Ismail. According to…
Silicon Waha creates technical designs for mobile phone factories in technological zones
Silicon Waha is currently working on the technical designs for factories planned to be established in two technological zones at Borg El Arab and Assiut, according to chairperson of the…
Vezeeta seeks expansion in Arab Gulf, Jordan, Lebanon in 2017
The company seeks to increase bookings to 100,000 per month by the end of 2017
Dakar 2017: Sebastien Loeb wins stage 8 to take overall lead
Sebastien Loeb took advantage of a stoppage for Peugeot teammate Stephane Peterhansel to win stage 8 and take the overall lead. Cyril Despres came in third to secure a podium…
Lufthansa can’t keep up with Ryanair
Germany's largest airline is no longer Europe's largest. Modest growth in passenger numbers was not enough to fend off the fast-expanding Irish budget carrier.Figures released Tuesday showed Lufthansa's passenger numbers…
VW takes top carmaker spot despite scandal
Germany's biggest carmaker is now the world's biggest. Volkswagen appears to have wrested the title from Toyota, despite new developments in the ongoing scandal that has tarnished its reputation.Germany's Volkswagen…