Tag: News

Fujairah Creative City ramps up investment drive to position emirate as global innovation hub

Advanced tech integration to align creative content with global market demands Fujairah Creative City (FCC) has reaffirmed its commitment to empowering national talent and fostering...

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 keeps key interest rate unchanged amid Iran war, mirroring US Fed move

Base rate applicable to the Overnight Deposit Facility (ODF) stays at 3.65% Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has...

Artificial intelligence is transitioning into a ‘digital employee’

AI can be an effective tool, business leaders tell Arab News Not about jobs, but ‘convergence of human capital and AI’ RIYADH:  Artificial intelligence is fundamentally...

Startup Wrap: MENA deals spotlight AI, expansion, and strategic consolidation

RIYADH: Startups across the Middle East and North Africa continue to attract investor interest and pursue strategic expansion, with fresh funding rounds, acquisitions, and...

Saudi Arabia’s US Treasury holdings rise over 6% to $134.8bn in January

RIYADH: Saudi Arabia’s holdings of US Treasuries rose 6.22 percent from a year earlier to $134.8 billion in January, even as they declined from the...

UAE central bank support package lifts lenders shaken by Iran war

DUBAI: Shares of UAE-listed banks jumped on Wednesday after the Central Bank of the UAE announced ​measures to support their liquidity as the Iran...

Saudi Aramco 2025 net profit falls 12%

Saudi Aramco reported a decline in full-year 2025 net profit mainly due to lower prices of crude oil and chemical products. The company, which supplies...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...