Amazon is investing big in India.
The Seattle-based e-commerce giant has pumped in AED 2.3 billion rupees into its Indian subsidiaries.
They consider the Asian country as one of its fastest growing markets.
However Amazon is competing in India with Walmart Inc-owned Flipkart.
Tesla promises 'more affordable' cars after shelving all-new Model 2
Tesla said it would introduce "new models" by early 2025 using its current platforms and production lines as it retreated from more ambitious plans to produce an all-new model that had been expected to cost $25,000.
UAE, Oman establish investment partnerships worth AED 129 billion
The UAE and Oman have agreed to establish investment partnerships worth AED 129 billion.
Spinneys sets IPO price range at AED1.42-AED1.53
Supermarket chain Spinneys is seeking to raise as much as $375 million from the sale of a 25 per cent stake in an initial public offering, it disclosed on Tuesday.
Meta opens Quest operating system to third-party device makers
Meta Platforms is sharing its Quest headset's operating system with rival device makers, including Microsoft, for the first time, it said on Monday, as it works to extend its influence over the emerging virtual and mixed reality industry.
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