Qatar and UAE to join U.S.-led effort to bolster technology supply chain
Qatar and the United Arab Emirates will soon join a U.S.-led initiative to secure AI and semiconductor supply chains, Undersecretary of State for…
Category: FINANCE
China’s Consumer Inflation Scales 3-Year High
China’s annual consumer price inflation accelerated to a 34-month high in December, but the full-year rate slumped to the lowest in 16 years…
Saudi Transformation on Track Supported by Deeper Reforms
Saudi Arabia enters a new phase described as one of the most sensitive and influential in the course of its economic transformation, according…
Etihad Rail reveals details of full passenger railway network
Etihad Rail on Thursday announced details of the UAE’s full passenger railway network, marking a major milestone that reflects its strong commitment to…
Circular economy of hype: Inside AI’s self-financing machine
OpenAI estimates spending $9b to keep models running before salaries, rent, or research When Oracle Corp. announced a multi-hundred-billion-dollar computing deal with OpenAI…
Saudi Arabia Continues to Excel
Saudi Arabia Continues to Excel, Achieves Second-Highest Growth Rate in Tonnage in G20 Saudi Arabia marked a significant milestone in the maritime transport…
Saudi Arabia Ranks 2nd Globally in World Bank’s GovTech Maturity Index 2025
Saudi Arabia has achieved an unprecedented milestone, ranking second worldwide in the 2025 GovTech Maturity Index (GTMI) released by the World Bank, covering…
From migration to magnet. Dubai’s wealth boom
Surge of millionaires, new regulations, and global momentum turn Dubai into a wealth hub In early 2025, billionaire John Fredriksen made headlines—not just…
Bitcoin Falls 5% Below $90,000 as Investors Ditch Risk Assets
Bitcoin fell back below $90,000 on Monday, extending losses after its steepest monthly decline since the 2021 crypto crash, as renewed risk aversion…
Dubai 24k gold surges above Dh510 amid National Day break
Dubai’s 22-carat gold price has surged above Dh473 per gram on December 1, up from Dh470.75 yesterday, as markets react to festive demand…