Air Arabia Q1 profit slips as regional disruption bites
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion....
Tag : business news
Dnata invests A$32 million in Western Sydney cargo hub
Dnata will invest A$32 million in a new cargo terminal at Western Sydney International, adding freight capacity before the airport opens....
Alphabet becomes fourth company to cross $4 trillion valuation
MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among...
P&G, Shell, Microsoft lead Pakistan business exits
Multinationals including P&G, Shell, and Microsoft are exiting Pakistan amid economic instability and regulatory challenges....
MicroStrategy’s bitcoin holdings top $45 billion in market value
MicroStrategy cut 20% of its workforce as it doubled its bitcoin holdings in 2024, spending $22.1 billion on cryptocurrency while shedding 400 jobs across key...
Jamie Dimon stands firm on JPMorgan’s five-day return-to-office rule
JPMorgan CEO Jamie Dimon dismisses employee concerns over full-time office return, rejecting a growing petition and insisting remote work hurts efficiency, engagement, and creativity....
Meta lays off 3,600 employees as tech sector job cuts continue
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple...