Author: Steven Sahiounie

Microsoft’s LinkedIn was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com.

Nigeria needs to ensure that Shell safely dismantles its old infrastructure or pays to remove them from the Niger delta before its exit, says a report on the environmental impact of the activities of multinational companies.

Saudi Arabia is seeking to attract as much as $80 billion in private investment into the tourism industry as the Kingdom looks to share the financial burden of plans to become one of the world’s most visited destinations.

The Dubai government’s latest initial public offering sold out as soon as books opened, with investors rushing to snap up shares in the city’s public-parking business.

The Reserve Bank of India has asked the country’s major state-owned refiners to press Gulf suppliers to accept at least 10 percent of oil payments in rupees in the next financial year, three executives at the processors said.

Despite economic uncertainty in many countries, the number of ultra-rich individuals has increased, according to the latest Wealth Report by high-end property firm Knight Frank. How much an individual needs to break into the wealthiest 1 percent around the world depends on where a person lives. For example, if a person lives in Monaco, a known hub for the super-rich, one needs assets worth $13 million; in the US, $5.8 million is required, while in the UAE, a person can make it into the 1 percent club with $2.65 million. In the US, an individual needs $5.8 million to be…

Advanced Micro Devices has hit a US government roadblock in its efforts to sell an AI chip tailored for the Chinese market, as Washington cracks down on the export of advanced technologies to Beijing, Bloomberg News reported on Monday.

Saudi Finance Minister Mohammed Al-Jadaan said Tuesday that the Kingdom’s economy was currently in excellent shape, and the government would reconsider imposing a financial fee on dependents in light of its vision to attract new talent to the market.

Bitcoin touched a record high on Tuesday, fueled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall.

Bitcoin, which has just hit a record price of $69,000, is the most famous cryptocurrency, but remains shrouded in mystery and controversy.