Amazon is investing big in India.
The Seattle-based e-commerce giant has pumped in AED 2.3 billion rupees into its Indian subsidiaries.
They consider the Asian country as one of its fastest growing markets.
However Amazon is competing in India with Walmart Inc-owned Flipkart.
UAE tops global entrepreneurship rankings for 5th straight year
The UAE has been ranked first globally for the fifth consecutive year in the latest Global Entrepreneurship Monitor (GEM) report.
US judge dismisses Musk's fraud claims in OpenAI case
A US judge on Friday dismissed Elon Musk's fraud claims in his lawsuit accusing OpenAI and co-founder Sam Altman of betraying OpenAI's original mission, but plans to proceed to trial on Musk's breach-of-charitable-trust and unjust-enrichment claims.
Dubai South partners with Emirates NBD to support business community
Dubai South has signed a strategic Memorandum of Understanding (MoU) with Emirates NBD to support the financial growth of SMEs and facilitate access to a range of banking services.
DMCC to launch two new commercial towers for "Uptown Dubai" by 2028
The Dubai Multi Commodities Centre (DMCC) has launched two new commercial towers, “One Uptown Place” and “Two Uptown Place”, as part of the expansion of the Uptown Dubai area.
DIFC to become world’s first AI Native financial centre
The Dubai International Financial Centre (DIFC) has announced plans to become the world’s first AI-native financial centre.
