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BUSINESS

BUSINESS latest

Kanye West
April 5th, 2026 - 11:54 GMT
Al Bawaba Staff

Al Bawaba Staff

Pepsi withdraws Wireless Festival sponsorship over Kanye West headline

ALBAWABA - American beverage company Pepsi has withdrawn its sponsorship from the UK's upcoming Wireless Festival following backlash after news circulated that controversial rapper Kanye West is headlining at the festival. According to several UK reports, this comes following Kanye West's recent anti-Semitic behavior and Nazi-related remarks on social media. The renowned American rapper, who recently released his studio album "Bully," also stirred controversy for releasing a song called "Heil ...
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Here's a look at the top 5 things that moved global markets this past week. (Karim Sahib/ AFP)
November 19th, 2017 - 08:00 GMT

From Bitcoin to Dubai Airshow: Top 5 Things that Moved Markets This Past Week

The net foreign assets of the banking sector in Egypt scored about EGP 174.878bn at the end of August, up from EGP 139.658bn at the end of July, according to the Central Bank. (Shutterstock)
November 19th, 2017 - 07:00 GMT

Egypt's Net Foreign Assets Jump 25 Percent in One Month: Central Bank

The move, by Norway's Sovereign Wealth Fund, is believed to help an emerging global campaign to move away from oil and towards renewable energies. (Shutterstock)
November 19th, 2017 - 06:00 GMT

The End of Oil: World’s Largest Fund to Dump Oil Investments, Invest Away From Oil

UAE residents will spend Dh900 billion in the next five years, according to Euromonitor International's forecast. (File photo)
November 19th, 2017 - 05:00 GMT

Spending in UAE to Cross Dh900 Billion Mark by 2022: Report

Gold hits one-month peak as dollar drops on uncertainty surrounding new US tax code. (Shutterstock)
November 19th, 2017 - 02:18 GMT

Gold Prices in UAE Hit Highest in a Month on Weak US Dollar

Kuwaiti traders sitting in the main hall at the Kuwait Stock Exchange (Boursa) headquarters in Kuwait City. (AFP)
November 19th, 2017 - 01:45 GMT

Bad Day: Kuwait Bourse Ends Sunday Trading in Red Zone

Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell to celebrate the listing of the bond on Nasdaq Dubai. (Courtesy of Emirates NBD)
November 19th, 2017 - 01:22 GMT

Emirates NBD Celebrates Listing of $750 Million Bond on Nasdaq Dubai

During the event
November 19th, 2017 - 12:49 GMT

Schneider Electric Inaugurates Innovation Hub on Wheels at Dubai Silicon Oasis

The Value Added Tax (VAT) of five percent will also apply to purchasing petrol, according to the Saudi tax authority. (File photo)
November 19th, 2017 - 12:41 GMT

Saudi Arabia Announces 5 Percent VAT on Fuel, From January 1

Water’s Edge is Aldar’s latest waterfront development on Yas Island.
November 19th, 2017 - 12:23 GMT

Aldar’s Water's Edge Sells out Generating Over Dh800 Million in Sales

Saudia will add new capacity on the Los Angeles route with two new flights from Riyadh starting December 1.
November 19th, 2017 - 12:18 GMT

Saudia to Increase Capacity to Los Angeles for Holiday Season

Dr. Talal Abu Ghazaleh
November 19th, 2017 - 12:09 GMT

Talal Abu Ghazaleh Participates in the Annual FOF, IFAC Meetings

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