Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

Gold prices bounce back in Dubai, rising nearly Dh20 per gram

The precious metals market is experiencing a wave of profit-taking following gold’s strong performance last year, when prices rose by approximately 66 per cent The 24K...

Saudi Arabia construction costs rise 1.4% in February: GASTAT 

RIYADH: Saudi Arabia’s construction sector maintained stable cost growth in February, with the index rising 1.4 percent year on year amid steady increases in residential and non-residential...

Saudi consumer inflation eases to 1.7% in February, lowest level in a year: GASTAT

RIYADH: Saudi Arabia’s annual inflation rate slowed to 1.7 percent in February, the lowest level in a year, as stable food prices helped offset...

Saudi listed healthcare firms post 18% revenue growth as expansion weighs on margins 

RIYADH: The revenues of healthcare companies listed on the Saudi financial market achieved their highest growth rate in four years, continuing to record unprecedented...

Peso at record lows, should UAE expats remit now?

Philippine peso weakens sharply, raising value of UAE remittancesDubai: Filipino expats in the UAE are seeing stronger returns on every dirham sent home after...

Saudi developer Red Sea International plans $75m rights issue to fund expansion

RIYADH: Saudi construction firm Red Sea International Co. plans to raise SR280 million ($74.6 million) through a rights issue to support expansion, strengthen working...

Dubai gold dips again as global pressures cool recent rally

Dubai gold prices edge lower while global inflation and oil risks sway marketsDubai: Gold prices in Dubai eased on Thursday morning, giving shoppers a small breather...

Abu Dhabi’s 2PointZero subsidiary buys a stake in US health tech firm Whoop

A subsidiary of the Abu Dhabi-listed 2PointZero Group PJSC has acquired an undisclosed stake in the US-based health tech firm, Whoop, Inc. Financial details of...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...