Business

Can altM Engineer A Cleantech Revolution In The Industrial Value Chain?

SUMMARY altM is a 2022-founded cleantech startup that transforms agricultural and industrial waste into scalable, low-carbon bio-chemicals and materials using its proprietary biorefinery platform, altMORPH The...

Saudi inflation holds steady at 2.2% in May  

CPI remained stable in May 2025, recording 0.1% increase Broader inflation picture reinforced by wholesale price data, which showed 2% year-on-year increase RIYADH: Saudi Arabia’s annual consumer inflation...

Can Soket AI Power India’s Foundational LLM Dream?

SUMMARY Founded in 2019, Soket AI spent its early years exploring AI opportunities and collecting datasets before zeroing in on building India’s very own LLM...

DoH Abu Dhabi joins hands with GSK to accelerate innovative healthcare

British drugmaker GlaxoSmithKline, now known as GSK and one of top-10 pharmaceutical companies in the world, has signed a Memorandum of Understanding (MoU) with...

Tech Giants Slide in Late Trading After Earnings: Markets Wrap

A $245 billion exchange-traded fund tracking the Nasdaq 100 dropped in late hours, with traders weighing results from two of the tech giants that...

Mashreq Bank posts record 2023 profit of Dh8.6b, soaring 130%

Dubai: Mashreq Bank posted a record level of profit in 2023, soaring 130 per cent to Dh8.6 billion. The Dubai-listed lender primarily attributed this...

Real Estate Future Forum 2024 Concludes with Over 50 Agreements, MoUs Signed Worth More than SAR100 Billion

The Real Estate Future Forum 2024 concluded its activities Wednesday after three days of productive sessions. Over 50 agreements and memoranda of understanding (MoUs)...

Dubai South records highest-ever business aviation movements in 2023

The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South continues to achieve outstanding private jet movements, with a record 16,657 movements in 2023,...

COP28 in Dubai: UAE financial institutions to mobilise Dh1 trillion in sustainable finance by 2030

The UAE’s banking and financial sector will mobilise more than Dh1 trillion ($272.5 billion) in sustainable finance by 2030, senior officials said at the...

India overtakes Hong Kong as world’s fourth-largest stock market

New Delhi: India's stock market has overtaken Hong Kong's for the first time in another feat for the South Asian nation whose growth prospects...

UAE non-oil sector starts 2024 on strong footing

Purchasing Managers’ Index hits highest in four and a half years The UAE started 2024 on a strong footing with the Purchasing Managers’ Index (PMI),...

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Can altM Engineer A Cleantech Revolution In The Industrial Value Chain?

SUMMARY altM is a 2022-founded cleantech startup that transforms agricultural...

Saudi inflation holds steady at 2.2% in May  

CPI remained stable in May 2025, recording 0.1% increase Broader...

Can Soket AI Power India’s Foundational LLM Dream?

SUMMARY Founded in 2019, Soket AI spent its early years...

Closing Bell: Saudi main index retreats to 10,731.59

Parallel market Nomu lost 393.70 points to settle at...

50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...