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John Ternus
April 21st, 2026 - 07:38 GMT
Sally Shakkour

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 ...
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Crude futures in New York have slumped 12% since Iranian President Hassan Rohani took office August 1, pledging to end the sanctions crippling his country’s economy.
November 25th, 2013 - 04:38 GMT

Iran deal impact on oil prices "muted"

Gulf Navigation was the biggest loser, plunging 5.65 per cent to Dh0.334.
November 25th, 2013 - 04:24 GMT

Expo 2020 decision keeping everyone tense, including the stock market

Also as endorsed by the Cabinet, a one-year “free residence permit” will be granted to any investors who should deposit JD30,000 in the name of the interior minister.
November 25th, 2013 - 10:58 GMT

What does it take to get an investor's free residence permit in Jordan? Very little.

Dubai deserves to win the Expo 2020 as the business hub city of this region but if it does not get it we will all be a little richer for having tried.
November 25th, 2013 - 10:17 GMT

Hold your horses everyone: Dubai really has no clue on whether it won the Expo 2020 bid

Khalid Barashid, a property dealer, said the raids have pushed down land prices by 30 percent in suburban areas and wiped out illegal dealers.
November 25th, 2013 - 09:51 GMT

Emptied houses, offices bring Saudi Arabia's land prices down by 30%

Solidere, which was set up to rebuild the Beirut Central District, has been hurt by lower demand for real estate due to the spillover from the Syrian crisis, and its shares have lost almost 13 percent since the beginning of 2013.
November 25th, 2013 - 03:55 GMT

The only silver lining? Beirut blast unlikely to result in stock sell-off

Iran exported over 132,000 tons of gasoline, valued at $134 million, in the past Iranian calendar year.
November 24th, 2013 - 06:14 GMT

Iran to boost strategic fuel capacities to 12 billion litres

Gulf Air's profits in the third quarter were 24 percent better than its forecast (Courtesy of Khaleej Times)
November 24th, 2013 - 10:00 GMT

Gulf Air's restructuring soars to new heights, airline's profits surpass forecasted results

A scheduled Kuwait Airways flight landed in Iraq late on Wednesday for the first time since the 1990 Iraqi invasion, in the latest sign of improved ties between the neighbors.
November 24th, 2013 - 09:24 GMT

Talk about a flight delay: Kuwait airways flight lands in Iraq for first time since 1990

KSA will focus its infrastructure spending over the next twenty years on electricity and water facilities' upgrades (Courtesy of Arabian Business)
November 24th, 2013 - 09:22 GMT

KSA announces $187 billion infrastructure plans

Qatar National Bank has given the government of Tunisia $500 million to tighten its budget deficit (Courtesy of Bloomberg)
November 24th, 2013 - 07:28 GMT

Will Qatar's $500 million loan help Tunisia solve its economic woes?

Almost all resident in the UAE use a mobile phone and 85 percent of the population uses high-speed internet on a regular basis (Shutterstock)
November 24th, 2013 - 07:10 GMT

UAE rises to record ranking for ICT development

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