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Microsoft pulls the plug on Skype after 20 years

Launched in 2003 by Niklas Zennström from Sweden and Janus Friis from Denmark, Skype revolutionized global communication by offering free voice and video calls...

Saudi budget airline to offer 20% shares to public in upcoming IPO

Flynas, one of the region’s leading low-cost airlines, is preparing for a high-profile debut on the Saudi Tadawul stock exchange. As part of its...

New models and latest trends reshape Saudi Arabia’s automotive aftermarket

At the closing day of Automechanika Riyadh 2025, a dynamic panel at the Automechanika Academy explored the disruptive impact of emerging car rental trends...

High court greenlights OIFC-Dhofar Investment Holding merger in final verdict

In a disclosure to the Muscat Stock Exchange (MSX), OIFC confirmed that it received an official notification from the High Court stating that the...

Samsung sounds alarm on chip chaos as trade war rattles phone market

The South Korean electronics major, the world’s largest memory chip maker, said on Tuesday that rising trade barriers and tightening restrictions on AI chip...

U.S. Dollar on the course for worst two-month slide since 2002

After a turbulent March and April, the dollar was set to fall 7.7%, marking its biggest two-month drop since May 2002. Although the dollar...

Leadership shift at Aramex as CEO steps down amid Q Logistics takeover

Dubai-based logistics giant Aramex has announced the resignation of CEO Othman AlJeda, just weeks after a majority acquisition by Abu Dhabi’s Q Logistics.

US slaps up to 3,521% tariffs on Southeast Asian solar imports

The United States has imposed duties as high as 3,521% on solar panel imports from Cambodia, Vietnam, Malaysia, and Thailand—threatening to stall renewable energy projects even as it boosts domestic manufacturing.

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Elon Musk’s xAI teams up with Telegram in $300M deal to bring Grok to a billion users

Telegram CEO Pavel Durov announced the partnership via social...

OpenAI’s $6.5 billion deal brings Apple design legend Jony Ive onboard, marking their largest acquisition

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Global gas demand to rise 50% by 2030, says Woodside CEO at WGC

At the World Gas Conference, Meg O’Neill, CEO of Australia’s top natural gas producer Woodside Energy, predicted a sharp 50% spike in global gas demand by 2030.

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Doha’s national carrier is set to redefine global aviation...

GCC-US trade hits $93.6 billion in 2023, but investment flows show mixed signals

According to the Statistical Centre of the Cooperation Council...
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