Finance

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...

Ministry of Finance launches ‘Federal Government Public Debt 2022–2025’ report

The Ministry of Finance (MoF) has launched the ‘Federal Government Public Debt 2022–2025’ report titled ‘Public Debt: Efficiency and Sustainable Financing,’ a strategic document...

UAE, Bahrain sign $5.4bn currency swap to boost financial cooperation 

RIYADH: The UAE and Bahrain have signed a currency swap agreement worth 20 billion Emirati dirhams ($5.44 billion), aimed at strengthening financial ties and supporting...

UAE stock markets skyrocket after US and Iran ceasefire

Dubai Financial Market jumps over 8 per cent, while Abu Dhabi Securities Exchange gains over 5 per cent in early trade on Wednesday as...

SpaceX IPO: UAE, GCC investors eye record-breaking opportunity

The US-based space company has reportedly filed confidentially for an initial public offering (IPO), setting the stage for what could become the largest stock...

Mideast Stocks: Most Gulf markets ease on fears of broader Iran conflict

Most Gulf stock markets slipped on March 29, as fears of a broader Iran-linked conflict weighed on investor sentiment after Yemen’s Houthis launched their...

ADES Holding Co. reports $218m net profit

RIYADH: Oil drilling firm ADES Holding Co. reported a net profit of SR818.01 million ($218.07 million) in 2025, representing a 1.93 percent rise compared...

GCC sukuk liquidity shows mixed impact as Iran conflict weighs on markets: Fitch 

RIYADH: Global sukuk and debt capital markets in the Gulf Cooperation Council are facing varied liquidity headwinds as the ongoing conflict in Iran continues...

Abu Dhabi’s Adra says it is investigating ‘unjustified price increases’

The Abu Dhabi Registration Authority says it has also initiated an investigation into reports of certain businesses failing to provide necessary stock in recent...

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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...