BusinessLatest Business and Company Updates
MG Motor Middle East Surpasses 70,000 Vehicle Sales in 2024
MG Motor has achieved a significant milestone in the Middle East automotive market, recording 70,033 vehicle sales in 2024. This figure represents a 10% increase compared to the previous year, underscoring the brand's growing popularity in the region. The Kingdom of Saudi Arabia emerged as MG's largest market, contributing over 30,000
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
Invest Bank Teams Up with Network International for Enhanced Digital Payments
Network International and Sharjah-based Invest Bank have formed a strategic partnership aimed at expanding digital payment solutions. This collaboration will integrate Network International’s extensive digital payment capabilities with Invest Bank’s financial services, providing customers with more efficient and innovative payment
Mubadala Secures Stake in UCB Pharma’s Chinese Assets
Mubadala Investment Company, the sovereign wealth fund of Abu Dhabi, has finalized a significant investment in UCB Pharma's assets in China. This strategic move underscores Mubadala's growing commitment to the global healthcare sector and its expanding presence in the Chinese
