business - INTERNATIONAL AGENCY FOR JOURNALISM AND STRATEGIC STUDIES

Alaska Airlines Resumes Operations After Software Outage

Alaska Airlines said it had ended the ground stop, which lasted about three hours and resulted from a software outage. &ldquo;Residual impacts&rdqu ...

Air Arabia to Launch Low-Cost Carrier in Saudi Arabia

A consortium led by the UAE-based airline won a bid from the General Authority of Civil Aviation (GACA) to establish a new airline based at King Fa ...

Mubadala Begins Al Maryah Island Waterfront Redevelopment

Mubadala Investment Company has officially commenced work on the transformation of the Al Maryah Island Waterfront in Abu Dhabi. The ceremo ...

Europe’s Industrial Giant Faces Existential Economic Crisis

Brussels, July 19, 2025 &mdash; Europe&rsquo;s once-dominant industrial sector is grappling with a deepening economic crisis, as high energy costs, ...

EU Unveils a new Sanctions on Russia to Reinforce Oil Price Cap Mechanism

The European Union has approved its 18th package of sanctions against Russia, introducing a sweeping set of measures aimed at tightening enforcemen ...

UAE President visits Hungary to deepen strategic relations

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Hungarian Prime Minister Viktor Orb&aacute;n to explore ways to strengthen b ...

Pepsi pops on Q2 earnings beat fueled by cost cuts and snacky revamps

PepsiCoPEP $145.21 (7.28%) shares soared over 6% Thursday morning after the snacks and beverage giant topped Q2 earnings expectations even as overa ...

Huawei tops China’s smartphone market after 4 years, secures 18.1% market share

Huawei has returned to the top of China&rsquo;s smartphone market for the first time in more than four years. In the second quarter (Q2) of 2025, t ...

Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating that idea in private

President Donald Trump said Wednesday that he was &ldquo;highly unlikely&rdquo; to fire Federal Reserve Chair Jerome Powell, a public statement mad ...

UAE unveils AI-driven federal budget cycle for 2027–29

The UAE has launched its federal budget cycle for 2027&ndash;29, introducing an artificial intelligence-driven, performance-based approach aimed at ...

Renault shares tumble on profit warning as interim CEO named

Shares in Renault (RENA.PA), opens new tab plunged as much as 18% on Wednesday after the French automaker surprised investors with a profit warning ...

Adnoc to transfer OMV shares to its international investment arm

Abu Dhabi National Oil Company (Adnoc) is set to transfer its 24.9% shareholding in Austrian energy player OMV to XRG, Adnoc's wholly owned interna ...

NVIDIA CEO Jensen Huang Promotes AI in Washington, DC and China

This month, NVIDIA founder and CEO Jensen Huang promoted AI in both Washington, D.C. and Beijing &mdash; emphasizing the benefits that AI will ...

Dollar holds below 3-week peak following inflation data

The dollar hovered just below a three-week high against a basket of currencies on Tuesday as traders assessed the latest inflation reading. ...

Wizz Air to Cease Operations in Abu Dhabi Amid Strategic Restructuring

Abu Dhabi - Wizz Air announced today that it will suspend all operations in Abu Dhabi starting September 1, 2025, as part of a broader strategic re ...

Oil prices rise on strong US demand, weak dollar

Oil prices ended the week higher, supported by a weaker US dollar, signs of strong US fuel demand, and fresh geopolitical tensions, despite pressur ...

UAE integrates AI into education to prepare students for the future

Integrating Artificial Intelligence (AI) into educational curricula has become a crucial step in keeping pace with the rapidly evolving technologic ...

UAE ranks third globally in sovereign wealth assets

The UAE has secured the third position globally in the Global SWF mid-year report 2025, with sovereign-owned investor (SOI) assets valued at $2.49 ...