Business & Money | Wednesday 20 July, 2022 11:22 am

Manga Productions to move base to Prince Mohammed bin Salman Nonprofit City

Manga Productions, the leading producer of the creative content industry in the Arab region, announced on Monday it will move its headquarters to Prince Mohammed Bin Salman Nonprofit City, which will open in 2024. The relocation will “ignite a new media sector within the city,” a statement ...

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Business & Money | Wednesday 20 July, 2022 11:20 am

Russia says it will fine Apple for violating antitrust laws

Russia’s competition authority said on Tuesday it would fine US tech giant Apple for violating Russian antitrust laws and abusing its dominant position in the app store market.The federal anti-monopoly service (FAS) said it would levy a turnover-based fine against Apple, the size of which would...

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Business & Money | Wednesday 20 July, 2022 11:14 am

Disney secures record $9 billion in upfront ad sales for 2022-23

Walt Disney Co. has secured a record $9 billion in commitments from advertisers for fiscal 2022-23 as demand soars for live events and the upcoming ad tier of streaming platform Disney+.Disney+, ESPN+ and Hulu brought in 40 percent of the total commitments, Disney said on Monday.The media...

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Business & Money | Wednesday 20 July, 2022 11:08 am

Netflix loses nearly 1 million subscribers, forecast misses Street estimates

Netflix Inc. said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter.It plans to launch an ad-supported tier next year, and it warned that the strong ...

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Business & Money | Wednesday 20 July, 2022 9:33 am

The Mohammed Bin Rashid Space Centre and the National Center for Space Studies - France Sign 3 New Agreements

In the presence of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, UAE, and Minister for Europe and Foreign Affairs of France, Catherine Colonna, the Mohammed Bin Rashid Space Centre (MBRSC), and the National Center for Space Studies (CNES)...

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Business & Money | Tuesday 19 July, 2022 1:43 pm

SAMI Aerospace signs a contract with Airbus Helicopters Arabia

SAMI Aerospace, a SAMI business division, has signed a contract with Airbus Helicopters Arabia, the Kingdom’s subsidiary of Airbus helicopters to support SAMI in building its technical capabilities to provide rotercraft technical support to Saudi Armed forces.  This agreement will play...

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Business & Money | Tuesday 19 July, 2022 10:35 am

Jetour lit up the world's tallest building, Burj Khalifa, and showed the world the speed of Chinese brand development!

At 20:50 on June 30, the local time in the United Arab Emirates, Jetour lit up the Burj Khalifa in Dubai. The model X70PLUS and DASHING were chosen as the leading roles to be exhibited at the world's tallest building along with a shocking theme light show. The appearance of Jetour on the Burj...

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Business & Money | Tuesday 19 July, 2022 9:37 am

DUBAI AVIATION CITY CORPORATION CONCLUDES FIRE SAFETY CAMPAIGN, AWARDS PARTICIPATING COMPANIES

 In the presence of HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation (DACC), and other senior executives, the DACC OHSE Department concluded its 2022 Fire Safety Campaign within Dubai South, which witnessed the participation of 51 companies that helped promote fire...

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Business & Money | Tuesday 19 July, 2022 9:29 am

New-age digital marketing company YAAP fully acquires Crayons Communications to boost its market footprint

YAAP, a specialized content and influencer marketing company with operations in the UAE, India and Singapore, has fully acquired Crayons Communications, a well-known advertising agency with offices in Dubai, Riyadh and Manama. The 100% acquisition will see Crayons Communications merge with...

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Business & Money | Tuesday 19 July, 2022 9:25 am

SAS partners with Moro Hub to Elevate AI Based industry solutions in Dubai

 SAS, the leader in analytics, signed a partnership with Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC).  SAS will adopt Moro Hub’s cutting-edge cloud services to fortify its AI based solutions to businesses in Dubai and...

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