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...

Why UAE Businesses must think like tech companies to stay competitive

When your Halla Shawarma order flashes “ready in 12 minutes,” a silent chain of software has already gone to work: checking stock, queueing the...

UAE: Gold hits fresh record highs as prices jump over Dh10 in 24 hours

Increased geopolitical tension, trade disputes, and economic uncertainty have led to the flow of funds into precious metals, particularly gold to shoot up After breaking...

UAE announces reverse charge mechanism for VAT on scrap-metal trading

This measure is tailored to improve operational efficiency by shifting the responsibility of VAT accounting from the supplier to the buyer in certain cases UAE's...

Saudi Arabia raises $1.8bn in December sukuk issuance: NDMC 

RIYADH: Saudi Arabia’s National Debt Management Center has raised SR7.01 billion ($1.87 billion) through its December sukuk issuance. According to the statement issued by the...

Closing Bell: Saudi main market edges up to close at 10,590 

RIYADH: Saudi equities closed narrowly higher on Monday, with the Tadawul All Share Index edging up 0.01 percent, or 1.34 points, to finish at...

SIDF finances 5k projects with over $53.3bn 

RIYADH: The Saudi Industrial Development Fund has approved up to 5,000 projects — representing about 40 percent of the Kingdom’s industrial base — with...

Dubai gold prices drop ahead of Fed’s rate cut decision

24K gold price fell Dh1.25 per gram to Dh505.75 per gram on Thursday morning Gold prices in Dubai inched lower at the opening of the...

MICE Summit opens in Riyadh with 20 deals to boost Vision 2030

Saudi venue capacity up 32 percent in 2025, reflecting robust growth of sector RIYADH: Some 20 agreements and memorandums of understanding were signed on the...

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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...