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...

Saudi minister launches $810m infrastructure and industrial projects

RIYADH: Minister of Industry and Mineral Resources and Chairman of the Board of the Saudi Authority for Industrial Cities and Technology Zones, known as...

Saudi POS transactions edge above SR16bn in early February: SAMA data 

RIYADH: Saudi Arabia’s total point-of-sale transactions reached SR16.10 billion ($4.29 billion) in the week ending Feb. 7, with most sectors recording positive weekly changes.  According...

Five sustainability trends that will define the UAE in 2026

The UAE’s sustainability journey has reached a decisive inflection point. What began as vision and commitment has now matured into execution, systems, regulation and...

Aramco achieves 70% local content target through iktva program

RIYADH: Saudi Aramco said its supply chain localization program has reached a target of 70 percent local content, underscoring the company’s push to deepen domestic...

Saudi mining sector surges with 220% rise in new licenses in 2025 

JEDDAH: Saudi Arabia recorded a 220 percent year-on-year increase in new mining exploitation licenses in 2025, issuing 61 permits, according to a statement from the...

Saudi Arabia raises over $2bn in February sukuk sale: NDMC  

RIYADH: Saudi Arabia raised SR7.86 billion ($2.09 billion) from a domestic sukuk issuance in February, more than tripling January’s sale as the Kingdom accelerates...

Mubadala in massive $6.2b buy of US-based Clear Channel in all-cash deal

Clear Channel is one of the largest out-of-home (OOH) advertising operators globallyDubai: Mubadala Capital and US asset manager TWG Global have signed a definitive...

Dubai gold edges lower after strong US jobs shock markets

Dubai gold edges lower after strong US jobs shock marketsDubai: Gold prices in Dubai slipped slightly Thursday morning after global bullion retreated on fresh US economic...

Don't miss

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...