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...

ADCB reports nine-month net profit of AED 5.752 bn

Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the third quarter of 2023 (“Q3’23”).In a statement today,...

Ghitha Holding reports AED 124 million in Q3 2023 profits

Ghitha Holding (Ghitha), a subsidiary of International Holding Company (IHC), has announced its third quarter year-to-date (YTD) results for 2023, reporting a profit before...

Grant Thornton further opens new flagship office in Abu Dhabi

Grant Thornton, one of the UAE’s largest professional services firms, today announced the inauguration of its new flagship office in Abu Dhabi Global Market...

Tanzania signs deals with DP World to operate Dar es Salaam port berths for 30 years

Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years,...

$10 million-plus homes in Dubai: Who is buying luxury residences?

During the third quarter of 2023, super-prime homes in Dubai, priced at over $10 million, garnered a total sales volume of $1.59 billion, as...

Two friends built Dh600 AI start-up using ChatGPT, sell it for Dh550,000

Two budding entrepreneurs and friends took help from ChatGPT and built a start-up with just a modest investment of $185 (Dh600), reported CNBC. The...

FAB announces net profit of AED12.4 billion in first 9 months of 2023

First Abu Dhabi Bank (FAB) has achieved record performance in the first nine months of 2023, reporting that net profit for the period reached...

Nedaa, du unite to pioneer UAE’s telecommunication sector transformation

Professional Communication Corporation – Nedaa, and du, from Emirates Integrated Telecommunications Company (EITC), have officially signed a Memorandum of Understanding on the second day...

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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,...