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...

Emirates expands collaboration with Neste

Emirates and Neste have expanded their partnership by solidifying their collaboration for the supply of over 3 million gallons of blended Neste MY Sustainable...

ADNOC Gas signs $500-700 million LNG supply agreement with JERA Global Markets

ADNOC Gas plc today announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion),...

Major Egypt banks suspend debit-card use abroad to stop drain on foreign currency

Egypt’s biggest lenders including Commercial International Bank SAE and Banque Misr suspended the use of local-currency debit cards abroad, as the cash-strapped North African...

Gold is losing its dazzle

Gold is facing tough competition this year as the preferred haven for cautious investors. Gold prices settled at $1,831.80 per troy ounce on Thursday, its...

11th meeting of India-UAE High Level Joint Task Force on Investments

The 11th meeting of the UAE-India High Level Joint Task Force on Investments (‘the Joint Task Force’) was held today in Abu Dhabi, co-chaired...

SHUAA Capital launches new Sharia-compliant Saudi equity fund

SHUAA Capital, the leading asset management and investment banking platform in the region, announced on Monday the launch of a new Sharia-compliant fund under...

Borouge reports first-half revenues of $2.8 billion

orouge Plc today announced its financial results for the three- and six-month periods ended 30th June 2023, with first-half revenues of $2.8 billion and...

Dubai, Abu Dhabi see soaring off-plan deals, signaling investor confidence: JLL

Off-plan transactions in the residential markets of Dubai and Abu Dhabi continued to see a robust growth momentum in the second quarter (Q2) on...

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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,...