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...

Emirates NBD arranges sustainability-linked short-term loan with Chalhoub Group

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has successfully arranged a strategic bilateral loan for...

Rapid supplies unveils Middle East’s first Brick and Click HORECA Store in Dubai, paving the way for industry transformation

With an unwavering commitment to reliability and quality, Rapid Supplies continues to solidify its position as the trusted partner of choice in the Middle...

Saudi Arabia to grant 30-year tax breaks to companies moving HQs to Riyadh

Saudi Arabia announced on Tuesday it would grant a 30-year tax relief break to multinational companies establishing their regional headquarters (RHQ) in its capital city...

BlackRock Received $100K Seed Funding for Spot Bitcoin ETF

BlackRock (BLK) revealed that it received $100,000 as “seed capital” for its proposed bitcoin (BTC) exchange-traded fund, the investment giant disclosed in a fresh application with...

ADNEC Group acquires Karavel from Equistone

ADNEC Group has acquired Karavel, the French tourism group, from Equistone Partners Europe, one of Europe's leading mid-market private equity investors. Karavel is one of...

Iberdrola, Masdar sign global alliance to co-invest up to €15bn in offshore wind, green hydrogen projects

Global green energy giants Iberdrola and Masdar announced today, at the UN Climate Change Conference (COP28) in Dubai, a €15 billion strategic partnership agreement...

TII unveils blockchain-powered carbon emissions tracking and trading platform to accelerate net-zero journey

The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC),...

ADDED, MBZUAI, Wio Bank partner to support SMEs

he Abu Dhabi Department of Economic Development (ADDED) and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) have inked a Memorandum of Understanding (MoU)...

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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...