LAHORE - Uber is going to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem this week, according to Bloomberg. The US ride-hailing giant will pay $1.4 billion in cash and $1.7 billion in convertible notes for Careem, people privy to the matter told Bloomberg. The ...

RIYADH -  Saudi Arabia's Prince Talal bin Abdulaziz, brother of King Salman and father of billionaire investor Prince Alwaleed bin Talal, passed away on Saturday. His son, Prince Abdulaziz bin Talal, confirmed the news of his demise on Twitter. ...

RIYADH - Saudi authorities are still holding royal family members, ministers, and top businessmen in detention, and are making more arrests months after the start of an anti-corruption crackdown, The Wall Street Journal (WSJ) reported. Many are also being held in maximum-security prisons and some ...

After three months of detention at the Riyadh's Ritz Carlton hotel, Saudi billionaire Prince Alwaleed bin Talal was released with "no charges"!And his daughter couldn't have been happier: ...

RIYADH - Saudi Arabian Prince Alwaleed bin Talal has been released from detention, family sources said on Saturday. The billionaire prince was taken into custody in the kingdom’s sweeping crackdown on corruption some two months ago. Family sources told Reuters that “he has he arrived home.” ...