Business

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...

Closing Bell: Saudi main index retreats to 10,731.59

Parallel market Nomu lost 393.70 points to settle at 26,404.44 MSCI Tadawul Index dropped 11.64 points, closing at 1,380.40 RIYADH: Saudi Arabia’s Tadawul All Share Index...

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

Across the Gulf, a powerful wave of women entrepreneurs is reshaping the region’s innovation story. These aren’t just startup founders—they’re architects of a new...

Yalla Group reports record revenues of AED873.9 million in Q3 2023

Yalla Group Limited has announced a record revenue of AED873.9 million ($237.9 million) for the first nine months of 2023. The latest quarterly financial results...

Dubai Investments reports net profit of AED 817.02 million for the nine-month period ended September 30, 2023

Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market, has reported net profit of AED 817.02 million for the nine-month...

Q Properties awards a AED 584 mn contract to Trojan General Contracting for Reem Hills Phase 1 twin villas

Q Properties, the leading UAE real estate developer and subsidiary of Q Holding has awarded a construction contract worth AED 584 million to Trojan...

Miral announces massive Yas Waterworld expansion

Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced on Wednesday a 16,900m2 expansion to Yas Island’s Yas Waterworld. Construction for the expansion...

UAE: Multiply Group’s beauty anchor, Omorfia Group, acquires 100% of The Juice Spa and Salon

In a strategic move to bolster its position in the beauty industry, Omorfia Group, the beauty anchor of Abu Dhabi-based investment holding company Multiply...

ENOC’s jet fuel sales to reach over a billion gallons by the end of 2023

Reaffirming its commitment to the growth of the aviation sector in Dubai, ENOC Group will reach more than one billion gallons of jet fuel...

DMCC targets coffee, cacao and emeralds to deepen UAE and Colombia trade and investment

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has concluded its Made For Trade...

Himalaya Wellness Company LLC Expands in UAE

Himalaya Wellness has broken ground for its upcoming state-of-the-art herbal pharmaceutical factory supported by a financing package from Emirates Development Bank (EDB), the key...

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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...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...