UAE wealth funds bet big on fintech amid global tech shifts
The quiet capital that once operated behind the scenes is no longer just writing the big checks; they are rewriting the rules. Leading state-owned sovereign…
Author: A S
Saudi Aramco launches dollar sukuk with $200k min as debt push widens
Saudi Aramco has launched a new international sukuk offering, with a minimum subscription of $200,000, as the state oil giant seeks to re-tap global debt…
UAE’s bid to lead Mideast’s AI data-center hub
Once fueled by oil, the UAE is now betting on bits and bytes. The Gulf state is rapidly building hyperscale data centers, positioning itself as…
Firms will hesitate to invest in US after raid – S Korea president
South Korean companies will be “very hesitant” about investing in the US following a massive immigration raid at a Hyundai plant in the state of…
Meta, TikTok Win Challenge against EU Tech Fees, Forcing Regulators to Recalculate
Meta Platforms and TikTok on Wednesday won a legal challenge to the way EU regulators calculated a supervisory fee imposed on them under landmark tech…
Slim iPhone Air Could be a Design Win for Apple
Apple CEO Tim Cook seemed to be channelling predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest…
Nepal turmoil adds to India’s woes in South Asia
Nepal has become the third country in India’s immediate neighbourhood to see a violent uprising topple its government in recent years. Prime Minister KP Sharma…
Klarna valued at $19bn in debut on Wall Street
Shares in buy-now, pay-later lender Klarna jumped on their first day of public trading in the US, giving the firm a market value of more…
Larry Ellison briefly becomes world’s richest person
Elon Musk briefly lost his title as the world’s richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald…
Dancing spiders DNA may explain how they develop into new species
It’s not just the dazzling colours and slick moves of Australia’s dancing spiders that make them special. There are more than 100 different species of…