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EMIRATES LAYOFFS
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.- Dubai luxury hotels woo staycationers as tourists fleeOnce reserved for wealthy travellers, Dubai's top-notch hotels have become almost exclusively reliant on residents, drawn in by dizzying st...
- Global Market Today: Asian stocks drop, oil climbs on Iran tensionsAsian stocks retreated from record highs as Middle East tensions escalated, impacting crude oil prices and reviving concerns over energy su...
- AI use surges globally but rich-poor divide widens, Microsoft saysGenerative artificial intelligence is being used by 17.8% of the world's working-age population, but the gap between wealthy and developing...
- Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
- US stocks: Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery's shareholders approved an $81 billion sale of the company to Skydance-owned Paramount on Thursday, propelling a meg...
- Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a me...
- Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...
- Dubai rolls out AED 1 billion incentives, other measures to boost economyDubai is launching significant economic support measures. These initiatives, worth AED 1 billion, will be in place for three to six months....
- UAE announces higher petrol and diesel prices for April 2026Starting April 1, 2026, residents of the United Arab Emirates should prepare for a noticeable increase in fuel costs. The price of Super 98...
- Gold holds steady as traders gauge economic impact of Middle East warGold prices held steady on Friday. Investors are watching the escalating Middle East conflict. This situation impacts the global economy. S...
- Boeing layoffs: Aerospace giant prepares notices, to cut 17,000 jobs in coming weeksBoeing layoff strike: Thousands of Boeing workers will receive layoff notices soon, affecting both union and non-union employees in its com...
- Demand for non-tech jobs grew during December 2022: ReportGlobal job site Indeed's monthly jobs insights showed that healthcare allied fields such as dental and nursing have the highest job posting...
- Emirates airline asks some pilots to take 12 months unpaid leaveThe aviation industry is enduring its worst crisis after the pandemic crippled most flights, forcing airlines around the world to layoff em...
- Emirates airline to cut up to 9,000 jobs: ReportThe Middle East's largest carrier, which operates a fleet of 270 wide-bodied aircraft, halted operations in late March as part of global sh...
- Emirates to lay off more pilots, cabin crew: SourcesThe Dubai state airline laid off hundreds of pilots and thousands of cabin crew on Tuesday in a bid to stave off a cash crunch caused by th...
- Stung by virus, long-haul carrier Qatar Airways cuts jobsThe Doha-based carrier offered no figures for the number of employees who will be laid off by the carrier, one of the three major airlines ...
- Dubai’s jobs vanish at the fastest pace in a decadeBusiness growth in Dubai stalled while jobs disappeared at the fastest pace in a decade, as per IHS Markit.
- India continues to be most favoured BPO destinationAccording to GSLI, India, China and Malaysia have retained the top three spots since the last five years.
- Dubai-backed companies under review amid downturnA leading credit agency warned on Monday it may cut its ratings for some of Dubai's most prominent state-backed companies and renewed quest...
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