by finance_admin | November 8, 2024 | News, Real Estate
Indian-origin real estate developer and film producer Anita Lallian has purchased Matthew Perry’s luxurious home in Pacific Palisades for $8.55 million. Lallian plans to preserve the home’s legacy and its stunning ocean views. Lallian shared her vision and...
by finance_admin | November 8, 2024 | Aviation
India’s Supreme Court has ordered the liquidation of bankrupt airline Jet Airways, closing a protracted five-year legal process that began after the full-service carrier collapsed in 2019 with over $1.2 billion in debt. The ruling brings an official end to Jet...
by finance_admin | November 8, 2024 | Retail
Dubai-based supermarket chain Spinneys announced a 12% increase in net profit for Q3 2024, reaching AED35 million ($9.5 million) as the retailer reported strong quarterly and year-to-date performance. Revenue for the quarter rose 15% year-on-year to AED701 million,...
by finance_admin | November 7, 2024 | Technology
The Gulf Cooperation Council (GCC) region is setting a global benchmark in generative artificial intelligence (GenAI) adoption, with the technology poised to add up to $35 billion per year to GCC economies, representing approximately 2.3% of the region’s GDP,...
by finance_admin | November 7, 2024 | News, politics, Technology
The Australian government plans to introduce legislation banning social media access for children under 16, Prime Minister Anthony Albanese announced on Thursday. This measure, described as one of the most stringent globally, is part of a broader effort to protect...
by finance_admin | November 7, 2024 | Aviation
The Emirates Group has posted its highest-ever half-year financial results, achieving a profit before tax of AED10.4 billion for the first six months of the 2024-25 financial year. This figure surpasses the Group’s record performance in the same period last year,...
