Boeing is set to make USD $50 million (AED 183.6 million) in payments to families of the victims of two 737 MAX crashes.
The model, which is Boeing’s best-selling jet, was grounded around the world in March.
It came after an Ethiopian Airlines and Lion Air plane crashed in similar circumstances, killing 346 people in total.
Ken Feinberg, who is a veteran compensation expert, was hired by Boeing to oversee the distribution of funds.
Trump threatens tariffs on any nation supplying Cuba with oil
US President Donald Trump has threatened new tariffs on Thursday on countries supplying oil to Cuba, escalating a pressure campaign against the communist-run island and long-time foe of the United States.
China relaxes visa rules for UK citizens on PM's trip to Beijing
China agreed to relax rules to allow some visa-free travel for British citizens on Thursday during a visit by Prime Minister Keir Starmer to Beijing, as part of a partnership deal which London hopes will help expand its service sector.
Tesla invests $2 billion in Musk's xAI, reiterates start of Cybercab production
Tesla has said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI, and that production plans for its Cybercab robotaxi were on track for this year.
flydubai invests in leadership programmes to strengthen internal talent
flydubai has launched two leadership programmes designed to accelerate internal talent growth, strengthen leadership capability and further embed a high-performance, values-driven work culture across the organisation.
Amazon cuts 16,000 corporate jobs, undoing pandemic-era hiring amid AI push
Amazon confirmed 16,000 corporate job cuts on Wednesday, completing a plan for around 30,000 since October while leaving open the possibility of further reductions.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
