Tesla Beats Audi in Global Car Sales for the First Time
Tesla Inc. overtook one of Germany’s most prized premium car brands last year despite selling fewer vehicles than expected. Volkswagen AG’s Audi sold 1.67 million vehicles in 2024, down 12%
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Los Angeles Fire to Have Limited Economic Impact, Say Experts
Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near term but are unlikely to derail strong forward momentum,
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Deloitte ME Appoints Simon Cuerden as Forensic & Financial Crime Leader
Deloitte Middle East has announced the appointment of Simon Cuerden as Forensic & Financial Crime leader for the region. Having spent 22 years as partner at Deloitte UK, he is
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Chinese Tech Companies to Face Curbs on Overseas Expansion?
Chinese tech companies face more risks in expanding their businesses overseas this year after Donald Trump returns to the White House later this month, with more policies expected to curb
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Madhav Kurup Promoted to Global COO at Hellmann Worldwide Logistics
Madhav Kurup, Dubai-based Regional CEO, has been promoted to Global Chief Operating Officer (COO) at Hellmann Worldwide Logistics. This marks a significant milestone as the first non-German appointed to a
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Hamad International Airport Sees Record Traffic Growth
Hamad International Airport in Doha reported that in 2024, annual point-to-point passenger traffic grew more rapidly than transfer traffic for the first time. This trend highlights Qatar’s emergence as a
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Real Estate
DAMAC to Invest $20 Billion in US Data Centres
President-elect Donald Trump has announced a $20 billion foreign investment to build new data centres in the United States. Emirati billionaire Hussain Sajwani, Founder of the UAE-based real estate development company
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Toyota’s Futuristic City Set to Welcome its First Residents
Toyota’s ambitious Woven City project, located at the base of Mount Fuji in Japan, is on track to welcome its first residents in the summer of 2025. The company has
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Virtual Voice Assistant Siri Not Selling Data, Clarifies Apple
Apple clarified recently that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in
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China Terms HMPV Outbreak as Winter Occurrence
China describes the rise in respiratory infections as a common seasonal trend during winter despite reports of a Human Metapneumovirus (HPMV) outbreak overwhelming hospitals. Authorities maintain that the situation is
