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BUSINESS

BUSINESS latest

EA
August 5th, 2026 - 06:00 GMT
Khaled Samara

Khaled S.

Saudi Arabia officially acquires EA for $55 billion

ALBAWABA - Saudi Arabia has officially acquired gaming giant Electronic Arts (EA) for a whopping $55 billion to several groups, including the country's Public Investment Fund. Formal talks of Saudi Arabia’s Public Investment Fund acquiring EA were made public a year ago in September 2025. The gaming giant is best known for games such as FIFA, Mass Effect Trilogy, Dead Space and The Sims. According to the BBC, in addition ...
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Dubai Chambers nominated for Best Unconventional Project Award at 2023 World Chambers Competition
May 17th, 2023 - 09:34 GMT

Dubai Chambers nominated for Best Unconventional Project Award at 2023 World Chambers Competition

Federal Tax Authority launches Tax Agents Classification initiative allowing taxpayers to easily select most compatible Tax Agent out of 10 listed sectors
May 17th, 2023 - 09:26 GMT

Federal Tax Authority launches Tax Agents Classification initiative allowing taxpayers to easily select most compatible Tax Agent out of 10 listed sectors

Musk’s X Corp. buys IT job board platform Laskie
May 17th, 2023 - 08:34 GMT

Musk buys IT job board platform Laskie

KIB launches TV commercial to highlight  KIB Rewards Program
May 17th, 2023 - 08:22 GMT

KIB launches TV commercial to highlight KIB Rewards Program

Rare and exceptional rembrandt paintings discovered in the UK
May 17th, 2023 - 08:17 GMT

Rare Rembrandt paintings discovered in UK

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

Volkswagen and Carpool Karaoke Arabia extend partnership for fifth season of the hit show
May 17th, 2023 - 08:13 GMT

Volkswagen and Carpool Karaoke Arabia extend partnership for fifth season of the hit show

Kia Corporation and Kakao Mobility sign memorandum of understanding to establish a ride-hailing business model for advanced mobility services
May 17th, 2023 - 08:07 GMT

Kia and Kakao Mobility Collaborate for Innovation in Mobility Services with Purpose-Built Vehicles

Emirates NBD launches Digital Asset Lab, announces founding council members
May 17th, 2023 - 07:43 GMT

Emirates NBD launches Digital Asset Lab, announces founding council members

European union approves Microsoft's acquisition of activision blizzard, ignoring several countries' objections
May 17th, 2023 - 07:14 GMT

EU approves Microsoft's acquisition of activision blizzard

BisB Promotes Several Employees to Senior Management Positions
May 17th, 2023 - 07:07 GMT

BisB Promotes Several Employees to Senior Management Positions

S&P, Dow, Nasdaq fall slightly, stocks decline
May 17th, 2023 - 07:05 GMT

US indexes S&P, Dow, Nasdaq slide, stocks decline

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