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John Ternus

April 21st, 2026 - 07:38 GMT

Sally Shakkour

Who is John Ternus? Apple's new CEO

ALBAWABA - After Tim Cook's resignation, Apple on Monday named John Ternus as its new CEO, as the American company is ready for a huge shift ‌powered by artificial intelligence (AI). During the past period, speculations continued to emerge that Tim Cook could step down from being Apple's CEO, and that Ternus is the best choice for leading the iPhone maker. It is worth noting that Apple will release its ...

Previously, Iran has dealt with foreign companies through “buybacks”. According to sources, the meetings in London will allow Iran to present the findings of a review of these contractual terms.

December 3rd, 2013 - 10:53 GMT

European oil giants ready for business with Iran

The Ministry of Labor has raided several women’s beauty salons since Nov. 4, a ministry official confirmed recently.

December 3rd, 2013 - 10:41 GMT

Unibrow invasion? Saudi beauty salons on standstill after labor raids

The Economic Freedom of the Arab World report compares and ranks Arab nations in five areas of economic freedom. (Image credit: Shutterstock)

December 3rd, 2013 - 05:12 GMT

Jordan one among three most economically free countries in the Middle East

NBK cautioned that over the next year or so, the trade balance could shrink a little: oil markets could loosen, putting downward pressure on prices or encouraging OPEC

December 3rd, 2013 - 03:55 GMT

Kuwait's trade surplus makes a jump from 6 to 21 billions dollars

Qatar clinched the award among other top contenders comprising Abu Dhabi, Auckland, Beijing, Dubai, Durban, London, Melbourne, New Orleans, Rio de Janerio, Seoul, Tokyo and Vancouver.

December 3rd, 2013 - 03:55 GMT

After winning the World Cup bid, anything is possible: Qatar receives 'Oscar of the Travel Industry'

The Iranian administration has set oil price to $100 per barrel in the next year’s national budget bill, IRNA quoted Iranian MP Ja’far Qaderi as saying on Sunday.

December 2nd, 2013 - 02:22 GMT

Iran puts new winning price on its oil barrels

A lawsuit, with details still vague, by a Qatari company against the Social Security Investment Fund (SSIF) alleging it bought the fund’s stake in The Housing Bank for Trade and Finance was a hot topic of speculation in Jordan Sunday.

December 2nd, 2013 - 01:55 GMT

Two truths and a lie? Qatari company sues Jordan's Social Security Fund over "non-existent" sell-off of Housing Bank

Belounis said he had been unable to obtain an exit visa which has to be applied for by his employers under the kafala, or sponsorship, system.

December 2nd, 2013 - 01:43 GMT

After trapping the French Footballer Belounis, is Qatar about to be shamed by FIFA to abandon the Kafala system?

Saudi Arabia will open the new shipping line between Jeddah and Casablanca in an effort to boost commercial ties between the two countries (Courtesy of Wikimedia)

December 2nd, 2013 - 11:00 GMT

KSA trade with this north African country to reach $7 billion in 2014

Bahrain, Kuwait, Qatar and Saudi Arabia are planning to peg the common GCC currency to the dollar (File Archive/Shutterstock)

December 2nd, 2013 - 09:02 GMT

The GCC "Euro": Four Gulf countries to use common currency by end of 2013

Saudi aid will help boost Egyptian construction, tourism and investment sectors. (Image credit: Shutterstock)

December 2nd, 2013 - 07:46 GMT

Saudi signs $5 billion aid deal to boost Egyptian economy

Etihad Airways has claimed the top awards at the World Travel event for five years in a row (File Archive)

December 2nd, 2013 - 07:45 GMT

UAE's Etihad soars to top, clinches "World's Leading Airline" title for fifth year in a row