Friday, December 27, 2024

000 employees

Nissan fears stumbling as it lays off 9,000 employees

Japanese automakers like Nissan face Chinese competition with layoffs Report noted For Bloomberg Fears of a default by Japanese company Nissan, with news of its intention to lay off thousands of employees, have increased concerns about its creditworthiness. The cost...

Latest News

Abu Dhabi has introduced new yellow licence plates commercial motorcycles from 2025

A new category of commercial motorcycle plates will be introduced in Abu Dhabi starting January 1, 2025, the integrated...

Dubai has declared January 1, 2025, as the New Year holiday for public sector employees

This comes after the UAE announced public holiday for government as well as private sector employees for the festive occasion Dubai has declared January 1,...

Saudi Arabia’s Public Investment Fund reduces stake in Japan’s Nintendo to 4.19%

The fund cut its stake after the Japanese gaming company suffered a decline in sales of its biggest product. Saudi Arabia's Public Investment Fund has...

Emirates suspends flights to Baghdad and Beirut until January 15, 2025

Emirates has decided to extend the suspension of its flights to Baghdad and Beirut until mid-January 2025 due to the security conditions in the...

World’s first flying taxi service to launch in Abu Dhabi in 2025

A shift in urban travel, replacing 60- to 90-minute car journeys with 10- to 20-minute flights. Abu Dhabi aims to become the world's first city...