Indian billionaires Mukesh Ambani and Gautam Adani recently faced massive losses as the stock market took a significant downturn. Combined, their wealth plummeted by a staggering Rs 1.15 lakh crore, a clear sign of the volatility currently affecting the Indian market. The primary reason behind this steep decline is attributed to a global market sell-off that shook investor confidence and impacted…
Dubai has introduced a groundbreaking initiative granting Golden Visas to exceptional private school teachers in a bid to honor their contributions to the education sector. Announced by Sheikh Hamdan bin Mohammed on World Teachers’ Day, this move is aligned with the UAE’s broader commitment to human capital development and the recently launched Education 33 strategy.
Educators who have…
In a move that astonished many, Jyoti Bansal, the founder of AppDynamics, sold his company to Cisco in 2017 for an impressive $3.7 billion. While this transaction turned 400 of his employees into millionaires, it was not a decision Bansal was entirely thrilled about. He described it as a bittersweet moment, marking both his greatest financial success and a deep personal regret.
AppDynamics…
In a bold move to enhance its digital entertainment footprint, JioCinema has appointed Ishan Chatterjee, the former head of YouTube India, as its new Chief Business Officer (CBO). This decision marks a strategic push by JioCinema to dominate India’s competitive OTT market, especially in the fields of sports and entertainment.
A Major Appointment in the OTT Space
Chatterjee’s new role…
A major ticketing scandal has surfaced in Mumbai, where over 30 individuals have been implicated in reselling Coldplay concert tickets on the black market. BookMyShow, the official ticket partner for the highly anticipated Coldplay concert, took swift action after receiving reports of inflated ticket prices being sold through unauthorized channels. The British rock band is set to perform in…
The House of Saud, the royal family of Saudi Arabia, is recognized as the wealthiest family in the world with a net worth of approximately $1.4 trillion. Their fortune surpasses the combined wealth of tech moguls like Elon Musk, India’s richest man Mukesh Ambani, and industrial tycoon Gautam Adani. With a legacy deeply tied to Saudi Arabia’s oil wealth, the House of Saud’s wealth continues…
Dubai commuters have welcomed the Roads and Transport Authority’s (RTA) decision to lift the ban on e-scooters within Metro and Tram premises. This shift comes with updated guidelines aimed at enhancing convenience for daily riders while maintaining safety standards.
The ban on carrying e-scooters had been a concern for many in Dubai, especially those who relied on this eco-friendly mode of…
Dubai’s ambitious future continues to take shape with the unveiling of a new master plan for Expo City Dubai, approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. The plan sets out a vision that integrates Expo City into the broader Dubai 2040 Urban Master Plan, positioning it as a key hub for innovation…
Dubai has once again set its sights on the future with the approval of five major strategies that will shape the emirate’s trajectory over the next decade. Spearheaded by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, these plans align with Dubai’s broader vision for growth and development under the Dubai Plan 2033 and the Dubai Social Agenda 33. The strategic initiatives span various…
Mark Zuckerberg has officially surpassed Jeff Bezos to become the world’s second-richest person, with his fortune now standing at a staggering $206 billion. This remarkable milestone was reached as shares of Meta Platforms Inc., Zuckerberg’s flagship company, saw a significant rise in value, cementing his place as one of the most successful tech moguls in history.
Zuckerberg’s meteoric…
