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...

ADNOC Gas announces $7-9 billion 14-year LNG supply agreement with Indian Oil Corporation Ltd

Abu Dhabi: ADNOC Gas plc (ADNOC Gas), a world-class integrated gas processing company, on Tuesday announced a 14-year supply agreement with Indian Oil Corporation...

ADIB net profit up 61% at Dh2.3 billion in H1 2023

Dubai: Abu Dhabi Islamic Bank reported a 61 per cent increase in half-yearly net profit until June at Dh2.326 billion, the bank said on...

Abu Dhabi mega-corp IHC is more than about its stock price: CEO Syed Basar Shueb

Dubai: The Abu Dhabi mega-corp investment company IHC is more than just about delivering a 5,900 per cent _This is the IHC stock price...

Emirates NBD pulls in ‘record’ numbers for H1-2023, profit crosses Dh12 billion

Dubai: For one of the UAE’s biggest banks, Emirates NBD, it’s ‘record’ territory at the half-year mark, with profits hitting Dh12.3 billion from Dh21.3...

Multiply Group reports AED400 million profits in Q2 2023

Multiply Group, an Abu Dhabi-based investment holding company, has reported a net profit of AED400 million for Q2 2023, compared with AED127.31 million in...

Financial Academy and Global Fintech Institute Sign MoU

The Financial Academy and the Global FinTech Institute have signed today a Memorandum of Understanding (MoU) in order to strengthen their collaboration in training,...

Saudi oil exports down 40 percent in May yoy: Stats agency

Saudi oil exports fell almost 40 percent in May from the same period a year ago, latest government data released on Tuesday showed, weighing...

Saudi Arabia’s Rawabi Energy successfully concludes financing deal worth $1.91 bln

Rawabi Energy and its subsidiaries announced on Sunday the successful conclusion of one of the largest private sector syndicated financing in the Kingdom of...

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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,...