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...

Nissan to export China-developed EVs to global markets

Nissan Motor said on Sunday it would sell China-developed electric vehicles (EVs) globally as it struck a deal with the country’s top university to leverage...

Nasdaq on the hunt for more UK firms to list in US

A boss at a leading US stock exchange says the trend of UK companies going to New York to raise funds will continue. Karen Snow,...

Saudi energy minister says Riyadh backs COP28 deal, praises flexible approach

Saudi Arabia’s energy minister Prince Abdulaziz bin Salman said on Wednesday that Riyadh supported the final COP28 deal as it leaves countries to decide for themselves...

Dubai: Jumeirah, Emaar eye expansion, foray into new markets

The hospitality and tourism sectors continue to grow exponentially in the post-pandemic period Dubai-based hospitality majors Jumeirah Group and Emaar Hospitality are looking to foray...

UAE: PureHealth IPO subscription ends with Dh265 billion in gross orders

Abu Dhabi-headquartered PureHealth has completed the subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), witnessing staggering demand from investors...

Emirates NBD arranges sustainability-linked short-term loan with Chalhoub Group

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has successfully arranged a strategic bilateral loan for...

Rapid supplies unveils Middle East’s first Brick and Click HORECA Store in Dubai, paving the way for industry transformation

With an unwavering commitment to reliability and quality, Rapid Supplies continues to solidify its position as the trusted partner of choice in the Middle...

Saudi Arabia to grant 30-year tax breaks to companies moving HQs to Riyadh

Saudi Arabia announced on Tuesday it would grant a 30-year tax relief break to multinational companies establishing their regional headquarters (RHQ) in its capital city...

Don't miss

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...