Author: Arabian Media staff

Boeing has announced that Qatar Airways will purchase up to 210 widebody jets, setting new records as the largest widebody order for the US plane maker. The order, announced on Wednesday and including the largest order for 787 Dreamliners, is also the largest ever placed by the Qatari airline. The order includes 130 787 Dreamliners, 30 777-9s — touted as the world’s largest twin-engine aeroplane — and options for an additional 50 787 and 777X aircraft. This purchase will support approximately 400,000 jobs in the US, Boeing said. This will also position the Middle Eastern airline for further international expansion.…

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Image: Qatar News Agency Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani and US President Donald Trump on Wednesday witnessed the signing of a series of agreements and memorandums of understanding (MoUs) at the Amiri Diwan in Doha, reflecting deepening strategic ties between the two countries, Qatar News Agency reported. The signing ceremony included a high-profile agreement for the purchase of aircraft from Boeing, a statement of intent for defense cooperation, a letter of offer and acceptance for MQ-9B drones, and another for the FS-LIDS anti-drone system. The two leaders also signed a joint declaration of cooperation between the governments of…

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Whoop has backed down, somewhat, from the controversial upgrade plans around its Whoop 5.0 fitness tracker. When the company first announced Whoop 5.0 this week, it said members who wanted the new device could either extend their subscriptions by 12 months or pay a one-time upgrade fee of $49 ($79 for the model with EKG sensors). This seemed inconsistent with Whoop’s overall value proposition, where it charges higher subscription prices (ranging from $199 to $359 a year) while allowing customers to upgrade their hardware for free. More specifically, it seemed to contradict a statement on the company’s website promising users…

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UnitedHealth Group is calling a former CEO back to lead the company, and sweetening the deal by adding a hefty $60 million equity award to a $1 million base salary.UnitedHealth Group announced on Tuesday that its chief executive, 60-year-old Andrew Witty, would be stepping down immediately for “personal reasons” and that Stephen Hemsley, 72, the chairman of the company’s board of directors, would succeed him as CEO.To mark the transition, Hemsley will receive a base salary of $1 million and a one-time $60 million equity award consisting of stock options that vest after three years, Bloomberg reports. In comparison, Witty…

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Last month Jensen Huang, the boss of Nvidia, landed in Beijing with a clear message: the maker of the world’s leading artificial-intelligence (AI) chips planned to “unswervingly serve the Chinese market”. America would rather it didn’t. Just a few days before Mr Huang’s trip the Trump administration introduced new controls that, in effect, banned the company from selling its H20 processor to China. More rules are coming. Although on May 7th the administration said it would rescind tighter export controls proposed by the Biden administration, it plans to replace them with ones of its own. Source link

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Image: Dubai Media Office/ For illustrative purposes Dubai is poised to attract a major surge of international wealth in 2025, potentially reshaping its role in the global financial system, according to a new report by real estate brokerage Betterhomes. Titled Dubai: No Longer a Pit Stop, But the Finish Line for Global Wealth, the report outlines how shifting global geopolitical and economic dynamics are fueling high-net-worth individual (HNWI) migration to the UAE. This, in turn, is transforming Dubai’s prime real estate landscape. In 2024, 6,700 millionaires relocated to the UAE. With 142,000 millionaires expected to migrate globally in 2025, Betterhomes…

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