No additional job cuts: Porsche CEO rejects report of 4,000 more redundancies
Michael Leiters dismissed talks about Volkswagen's supervisory board viewing another 4,100 jobs...
Category Travel
Skoda Chief Klaus Zellmer named new CEO of struggling Volvo Cars
Zellmer, an industry veteran with over 30 years of experience, will start...
Abu Dhabi-based investment major BlueFive takes 30% of Bugatti Rimac
The deal makes UAE investment firm the hypercar maker’s second-largest shareholder and...
Boost for Kingdom’s aviation sector as Flynas to buy Swissport Saudi’s 10% stake
Swissport Saudi Arabia will become Flynas' exclusive ground handling partner for five...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Biggest job cut since COVID: Uber to lay off 10% of its staff
Uber's stock has underperformed the S&P 500 and rival Lyft so far...
General Motors signs deal with Procura Auto Parts to offset future supply concerns
Procura, which has been in the inventory management business since 2015, operates...
Nissan shelves development of electric Qashqai SUV as cost-cutting takes priority
The venture in 2023 committed to building an EV version of its...
TASARU Mobility Investments: Enabling a future-ready mobility ecosystem in Saudi Arabia
Through its partnership with Blacklane, TASARU Mobility Investments supports the establishment of...
Uber expands use of AWS for AI and Trip Serving Zones
Uber enhances ride-matching and AI capabilities by expanding AWS usage with Graviton4...
End of rough rides? Candela P-12 could change boat travel forever
Although a luxury product, the Candela P-12 Business has operating economics that...