BusinessLatest Business and Company Updates
Intel to buy driverless technology firm Mobileye for $15.3 billion
By Tova Cohen and Ari Rabinovitch | JERUSALEM JERUSALEM U.S. chip giant Intel (INTC.O) has agreed to buy Israeli driverless technology firm Mobileye (MBLY.N) for $15.3 billion, the largest ever acquisition
Region
DP World Secures 30‐Year Deal to Revitalise Tartus Port
DP World has finalised a 30‑year concession worth US $800 million to modernise and operate the port of Tartus on Syria’s Mediterranean coast, as per official statements issued on 13 July 2025. The agreement, inked in Damascus between DP World and Syria’s General Authority
Chinese state media says U.S. should take some blame for cyber attack | Reuters
BEIJING Chinese state media on Wednesday criticized the United States for hindering efforts to stop global cyber threats in the wake of the WannaCry "ransomware" attack that has infected more than 300,000 computers worldwide in recent days.The U.S. National Security
Kuwait’s Failaka Island to Join UNESCO World Heritage List
Failaka Island, a historically significant site in Kuwait, is set to be added to UNESCO’s World Heritage List. This development follows the recent signing of a Memorandum of Understanding (MoU) between Kuwait’s National Council for Culture, Arts, and Letters (NCCAL)
