Dubai is set to become the first city outside of Europe to host the World Retail Congress. It has won the bid to stage the 10th edition of the international gathering, which will take place next year. The announcement came during the concluding day of the latest session in Rome, where a Dubai trade mission participated. The retail sector is a key pillar of the emirate’s economy, contributing about 29% to the GDP last year.
China's ByteDance signs deal to form joint venture to operate TikTok US app
TikTok's Chinese owner, ByteDance, has said it has signed agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors on Thursday.
India reviewing allegations of antitrust breaches by IndiGo
India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.
DXB and DWC boost winter schedules with new routes
Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.
Amazon in talks to invest in OpenAI
Amazon.com Inc is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.
DXB to welcome over 4.2 million guests over next two weeks
Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.
