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Careem spreads its wings to 50 destinations

  Dubai / Emirates Business Continuing its expansion program, Careem, the region’s leading ride-hailing service, has now expanded to more than 50 cities across the broader MENASA (Middle East, North Africa and South Asia) region, including Turkey and three new cities in Pakistan. Mudassir Sheikha, co-founder and CEO of Careem, said, “Our main focus is to broaden and deepen our ...

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MIST signs MoU to develop applications for innovative airship

  Abu Dhabi / Emirates Business Masdar Institute of Science and Technology, (MIST) an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, signed a memorandum of understanding with French company Thales/Thales Alenia Space and French engineering university MINES ParisTech to develop applications for the StratobusTM drone-satellite hybrid airship. In the presence of the French ambassador to the ...

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Global diamond market reels under India’s cash crunch

  Bloomberg As diamond traders descend on Botswana this week for one of the year’s biggest sales, the $14 billion industry is struggling to recover from India’s war on black money. De Beers, the world’s top producer of gems, will offer customers concessions for a second consecutive buying round to support the market, according to people familiar with the process, ...

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