Investors have weighed in on Uber's acquisition of Careem.
On Tuesday, global ride-hailing firm Uber confirmed it will spend $3.1 billion to acquire its Middle East rival.
Fadi Ghandour, founder of Dubai-based Wamda Capital, tells ARN News what he makes of the development.
He added that the deal proves that local ideas are worth investing in.
You can listen to Ghandour's full interview with Dubai Eye 103.8's Business Breakfast here.
Microsoft's global outage eases after disrupting businesses, governments
A global outage of Microsoft Outlook and Teams was easing on Friday after nearly 24 hours of chaos that crippled online communications, forcing some organisations to revert to fax.
Dubai Investments reports AED 1.13 billion profit before tax
Dubai Investments has reported profit before tax of AED 1.13 billion for the first nine months of 2026, up from AED 1.10 billion during the same period last year.
Dubai retains position as leading maritime city
Dubai has retained its position as the Middle East's leading maritime city and ranked 12th globally in the 2026 Leading Maritime Cities report by DNV and Menon Economics.
Nvidia CEO Jensen Huang steps down
Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.
DEWA reports record-breaking AED25.74 billion revenue in 2026
Dubai Electricity and Water Authority (DEWA) has reported record-breaking revenue of AED25.74 billion in the first nine months of 2026 - up 3 per cent on last year.
Bittersweet
Madison Beer
Polaris
December Avenue
Saan?
Maki
Pinoy Expat Corner
In the fight against cancer, how important is having a strong support system—family, friends, and the community?
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Pinoy Expat Corner
What should beginners know before getting into off-roading? What type of vehicle is ideal for off-road adventures?
