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 debt market to surpass $350bn in 2026: Fitch Ratings 

RIYADH: The UAE’s debt capital market is set to surpass $350 billion in 2026 and exceed $400 billion in the following years, supported by...

Saudi Arabia surpasses $400bn in investment volume, minister announces

RIYADH: Saudi Arabia’s total investment volume surpassed SR1.5 trillion ($400 billion) for the first time in 2025, the Kingdom’s minister of investment has announced. Speaking...

India, UAE sign $3 billion LNG deal, agree to boost trade, defence ties

The two sides also witnessed the finalisation of a 10-year agreement for the supply of 0.5 million metric tons of LNG by Adnoc to...

India’s central bank proposes linking BRICS’ digital currencies, sources say

The RBI has publicly expressed interest in linking India's digital rupee with other nations' CBDCs to expedite cross-border transactions and bolster its currency's global...

Dubai Chambers explores expanding business cooperation with Illinois

Trade relations between Dubai and the United States remain strong, with bilateral non-oil trade reaching $31.71bln in 2024, representing annual growth of 10% DUBAI -...

Saudi public investment fund assets grow 36% to $58.11bn in Q3 2025

RIYADH: Assets held by public investment funds in Saudi Arabia rose 36 percent from a year earlier to about SR217.9 billion ($58.1 billion) by the...

Red Sea International subsidiary obtains $53mln credit line

Red Sea International’s subsidiary, The Fundamental Installation for Electric Work Co (First Fix), has secured a banking facility with Saudi National Bank for financing...

Dubai: Gold and silver prices reach new record highs

On Wednesday morning, the 24K gold price jumped nearly Dh3 to Dh558 per gram while 22K reached Dh516.75 per gram in early trade Gold and...

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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...