Indian food-delivery firm Zomato has sold its UAE business to Berlin-based Delivery Hero.
The acquisition, reportedly pitched at $172 million, is being made through Delivery Hero’s Talabat.
The German firm has also agreed to invest $50 million (AED 183 million) into Zomato’s global business, becoming a top 10 shareholder.
Apple deletes US-funded RFE/RL news from Russian App Store
Apple has deleted one of US-funded Radio Free Europe/Radio Liberty's Russian-language news apps from the Russian App Store at the request of state communications regulator Roskomnadzor, the news outlet said on Friday.
Russia cuts off gas supply to Austria
Russia told Austria on Friday it will suspend gas deliveries via Ukraine on Saturday, in a development that signals a fast-approaching end of Moscow's last gas flows to Europe.
H.H. Sheikh Hamdan meets with X CEO
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, met with the CEO of X, formerly known as Twitter, Linda Yccarino, to discuss the UAE’s strategic direction in digital transformation.
Etihad's nine-month profit surges 66%
Etihad Airways has reported a strong performance for the first nine months of 2024, posting a profit after tax of AED 1.4 billion, a 66% increase from AED 814 million in the same period last year.
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