Guides & Analytics
S&P Lowers Nokia’s Rating to Junk
Standard & Poor's has lowered Nokia's rating to junk, the second debt rating company to strip the Finnish mobile-phone maker of an investment grade after losses…
Selling Burj Khalifa’s Offices in Online Auction
An entire corporate floor in Dubai's Burj Khalifa, the world's tallest building, is to be sold in an online auction. The auction, the first of its kind for Dubai,…
STC Appoints Abdulaziz Al Suqair as Chairman
Saudi Telecom (STC), the kingdom’s largest phone company, named Abdulaziz Al Suqair as chairman and Mohammed Al Kharashi as vice chairman. The company made the…
Lebanon Real Estate Sector Rises 21%
The real estate sector has seen an upturn in the month of March, compared with the previous month, with the number of transactions rising by 21.04% to 6,241, up from…
Istithmar World Buys Out Kerzner’s 50% Stake in Atlantis Hotel
Istithmar World -a subsidiary of Dubai World- yesterday announced that it had bought out Kerzner International Holdings Limited's 50 % stake in Atlantis, The Palm…
Nvidia Provides Windows 8 Devices’ Chips
Nvidia, -once a name synonymous with graphics chip, PC, and server processors- is set to deliver its own chips for Windows 8 devices. "We hope to use our extensive…
Yahoo’s Former CEO Receives $16.4mln as Final year’s Compensation
Former Yahoo CEO Carol Bartz received a compensation package valued at $16.4 million in her final year on the job, including a $3 million severance payment after the…
Apple Reduces Tax Burden by Using New Office Locations
Apple Inc. uses offices in states other than California -where it’s headquartered- and countries outside the U.S. to help minimize its overall tax burden The company…