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Reliance Industries Will Benefit the Most From China’s “Anti-Involution” Drive, Says Morgan Stanley

Saudi Arabia’s Mada Cards Cause 72% Surge In E-Shopping In June 

World’s Most Powerful Turbine From China Will Help Cut Electricity Price by 90%

How Dubai’s Economy and Tourism Thrives Through Global Instability

The Business PinnacleApril 25, 20250245 views

2023 was a remarkable year for Dubai with record figures, but 2024 was even better, with a 9% increase in visitation. Dubai seems confident about its ability to handle every…

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Alibaba Climbs US Shopping Charts as Tariffs Bite American Consumers

The Business PinnacleApril 24, 20250228 views

Alibaba.com mobile app has occupied third place in the US iOS shopping category from 18th place just a month ago. Alibaba Group, a Chinese multinational e-commerce giant, briefly became the…

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Huawei’s Entry into Smart Driving Wins EV Market and the West Fears

The Business PinnacleApril 23, 20250241 views

BMW and Huawei are working together to create smart applications based on the Harmony Intelligent Mobility Alliance (HIMA) operating system. The shift of Xiaomi Corp into the car industry has…

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Nomura Makes Largest Global Deal Since 2008 With $1.8b Macquarie Deal

The Business PinnacleApril 22, 20250265 views

Nomura planned to grow its assets to create a more stable revenue and reduce its dependency on trading and investment banking fluctuations. As Japan emerges from decades of economic stagnation,…

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Emirates Plans Expansion of Cargo Operation After a Record Year

The Business PinnacleApril 21, 20250255 views

Emirates plans to launch freighter operations in Narita, Japan, and two weekly flights to Osaka. Emirates, the world’s largest international airline, is setting its flights to reach even greater heights…

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How Shein And Temu Are Reacting To Trump Tariffs

The Business PinnacleApril 17, 20250284 views

Chinese companies like Shein and Temu, which had been exporting duty-free, cheap shipments to the US, are no longer beneficiaries of such an exemption. As tariffs on Chinese goods are…

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GCC Banks Face Limited Direct Effect From Trump Tariffs Says Fitch Ratings Report 

The Business PinnacleApril 16, 20250253 views

The reason the direct effects are minimal is because the main GCC exports to the US are hydrocarbons, which President Trump has exempted from duties.   As the world complains of…

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Intel’s New CEO Hands Over Altera For $4.46B After Years of Stalled Growth

The Business PinnacleApril 15, 20250236 views

Intel will keep a 49% ownership in Altera, which it stated will allow it to participate in Altera’s expected recovery. Intel has agreed to sell a 51% share in its…

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Chinese E-Retailers Back Exporters Turn Inward Amid US Tariff War

The Business PinnacleApril 14, 20250283 views

Chinese companies became extra prepared for the Trump 2.0 tariff battle after seeing the trade war during Trump’s first term. Chinese e-commerce companies are joining hands to help export-focused companies…

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Dubai-based Al Ansari Becomes GCC’s Biggest Non-Banking Financial Company

The Business PinnacleApril 11, 20250259 views

Al Ansari Financial Services has been dominating digital innovation in the financial services industry. Dubai-based Al Ansari Financial Services (AAFS), one of the leading integrated financial service groups in the…

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