Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

UAE: Gold prices open higher on first trading day of the week

Gold prices jumped in the UAE on the first trading day of the week as global rates recovered due to the weakness of the...

DP World breaks ground on AED 550 million ‘Agri Terminals’ facility

DP World today celebrated the groundbreaking of its new Agri Terminals facility at Jebel Ali Port, marking the start of a transformative journey to...

Currys rejects £700m takeover approach from US firm Elliott

Electrical goods retailer Currys has rejected a takeover approach from US investment firm Elliott. Currys, which operates more than 800 stores globally and employs 28,000...

UAE signs agreements with Arab countries on double taxation avoidance

The UAE Ministry of Finance signed agreements related to the encouragement and protection of investments and double taxation avoidance, with Kuwait and Bahrain, and...

Saudi Stock Exchange Ends Trading Higher at 12484 Points

The Saudi Stock Exchange main index ended trading higher today, gaining 45.82 points to close at 12484.59 points.The total value of trading reported was...

Tabreed registers AED2.4 billion in 2023 revenues; up 9% YoY

Tabreed, the UAE’s leading international district cooling company, today released its consolidated financial results for the year 2023, reporting a revenue of AED 2.4...

SALAMA records full-year revenue of AED 1.11 billion; achieves 20% revenue growth in 2023

Islamic Arab Insurance Company, listed as (SALAMA) on DFM, announced its preliminary results for the 2023 fiscal year. The company recorded insurance revenue of...

US Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes

The Chamber of Commerce and Industry in Bursa, Turkey, has announced its plans to establish an industrial zone in Egypt. This was discussed during a...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...