BusinessLatest Business and Company Updates
GEMS Education Commits $300 Million to Expand Amid Dubai’s Population Surge
GEMS Education, a prominent Dubai-based private school operator, has unveiled plans to invest approximately $300 million over the next two to three years to drive organic growth. CEO Dino Varkey detailed this strategic initiative, emphasizing the company's intent to capitalize on the region's burgeoning population and the influx of affluent
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Aramco’s Q2 Profit Tumbles as Oil Prices Slide
Saudi Arabian Oil Company disclosed net profit of $22.67 billion for the second quarter of 2025, marking a 22 per cent year‑on‑year decline and extending the downturn to its tenth straight quarter. The drop coincided with a missing of the $23.7 billion analyst consensus
Nvidia Shares Plunge Following Cautious Guidance and Chip Delays
Nvidia's stock took a sharp decline on Thursday as the company’s financial outlook failed to meet the sky-high expectations set by Wall Street. The market reaction was swift after Nvidia's earnings report, which revealed a strong performance in the second
Major Airlines Expand Routes Over Afghanistan Amid Middle East Tensions
Several leading airlines, including Singapore Airlines, British Airways, and Lufthansa, have resumed and expanded their flight operations over Afghanistan, a significant shift from their previous avoidance of the region. This development comes as heightened conflict in the Middle East has
