Author: Arabian Media staff
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. Source link
Payment technology company Pine Labs, backed by PayPal and Mastercard, won over public investors on Friday, finishing its first day of trade 14% higher even after lowering its valuation for its $440 million IPO. This makes it the second-largest Indian fintech listing this year after online brokerage Groww’s nearly $750 million debut earlier this week. The stock opened at ₹242 and rose as high as ₹284 before settling at ₹252, up from the issue price of ₹221, resulting in a market capitalization of ₹289 billion (approximately $3.3 billion) for the Gurugram-based company. It’s a step down from Pine Labs’ 2022…
Image credit: Etihad/Website Etihad Airways’ award-winning loyalty programme, Etihad Guest, has taken a major step forward in enhancing member experiences by offering unmatched flexibility and transparency in redeeming miles. The airline has announced that every seat can now be purchased with miles, a significant shift from previous restrictions, and introduced a rebrand of its GuestSeat awards to the ‘Saver Award’. This new structure provides members with a low starting redemption price while offering different layers of flexibility, ensuring members can tailor their travel to their unique preferences and needs. Mark Potter, MD of Etihad Guest, emphasised the programme’s commitment to…
Image: Supplied Lafarge Emirates Cement has officially rebranded as Holcim UAE, marking a pivotal milestone in the company’s growth trajectory and reinforcing its long-term commitment to sustainable construction across the United Arab Emirates. The rebrand aligns Holcim UAE with the Group’s global vision to be the leading partner for sustainable construction and its NextGen Growth 2030 strategy, which aims to create superior value across the built environment — from infrastructure and industrial projects to residential and commercial developments. Positioned as a leader in sustainable construction, Holcim UAE will leverage the transition to accelerate innovation and deliver advanced solutions designed to…
Image credit: Emirates/Website Emirates has issued a cautionary advisory for travelers this December, as Dubai International Airport (DXB) braces for one of its busiest months of the year. The airline expects more than 2.3 million departures and 2.5 million arrivals over the coming weekends, fueled by peak tourism, a packed local events calendar, and KHDA school closures keeping families on the move. To help passengers navigate the anticipated holiday rush, Emirates is rolling out a range of solutions, from early City Check-In and home luggage drop-off services to biometric processing, pre-order shopping, and streamlined airport transport options. The airline is…
Saudi Arabia’s National Centre for Meteorology has issued a weather alert warning of heavy rainfall expected to impact large parts of the Kingdom from 14th (Friday) through 18th (Tuesday). Authorities have urged residents to take precautions, with unstable weather conditions forecast to bring intense downpours, thunderstorms and potential flash floods across several regions. The weather system is expected to affect a broad area, including Mecca, Jeddah, Medina, Tabuk, Al Jouf, the Northern Borders region, and Riyadh. The centre noted that the multi-day system may vary in intensity from one region to another, with certain areas likely to experience severe rainfall…
Image credit: Dubai Media Office/X account Dubai is taking a giant leap in urban mobility with the launch of the Dubai Metro Blue Line, a transformative mass transit corridor designed to connect key residential, commercial, and industrial hubs across the emirate. Stretching over 30 kilometres with 14 strategically located stations, the Blue Line promises to make travel faster, smoother, and more convenient for commuters, while supporting Dubai’s long-term economic and urban development plans. From Creek Station, which interchanges with the Green Line, to the iconic Emaar Properties Station at Dubai Creek Harbour, each station has been meticulously planned to provide…
Image credit: Supplied Elie Milky’s 15-year journey with Radisson Hotel Group has been defined by learning from both successes and setbacks, expanding into new markets, and building high-performing teams. From navigating the complexities of entering new regions to deepening the group’s footprint in key locations, Milky has honed a leadership style that is focused, collaborative, and delivery-driven. The pandemic further tested his skills, sharpening his approach to underwriting, decision-making, and owner partnerships, lessons that continue to shape how he leads today. Now appointed chief development officer for Northeast Africa, the Middle East, Cyprus, and Greece, Milky’s remit spans end-to-end development…
Tetr College, the first-of-its-kind global business school, has raised $18m in a funding round co-led by Owl Ventures and Bertelsmann India Investments (BII). The new capital will support the development of three international campuses in the United States, Europe and Dubai, while strengthening the school’s ten-country operating network across North America, Europe, the Middle East, Asia and Africa. Tetr will also expand its academic portfolio with new programmes in management and entrepreneurship, including the recently launched Masters in Management and Technology (MiM-Tech). With support from Owl Ventures and Bertelsmann, the institution plans to leverage a global ecosystem of education innovators…
Image: Supplied Dubai’s co-working scene is crowded, but AXD Space stands out as something different—part workspace, part incubator, and part launchpad for founders who want more than a desk and Wi-Fi. The venture brings together mentorship, licensing-ready offices, and a curated network designed to help startups scale faster and smarter. Here, Ayman Al Awadhi, co-founder of AXD Space and executive director of Global Chamber UAE, shares how his venture is rethinking the role of workspaces in Dubai’s innovation economy and why the future belongs to ecosystems, not just offices. Dubai already has plenty of co-working spaces. Where does AXD Space…