Mukesh Ambani’s Jio is latest Indian entity to sign up with Musk’s SpaceX
Indian billionaire Mukesh Ambani-controlled Jio Platforms Ltd. announced a pact with Elon Musk’s SpaceX to offer Starlink Inc.’s satellite internet services in India, a day…
Category: FINANCE
Qatar’s share of Middle East region’s upstream investment ‘substantial’, says GECF
Qatar’s share of the Middle East region’s upstream investment is “substantial”, Gas Exporting Countries Forum (GECF) said and noted in 2023, Qatar accounted for 45%…
Global credit rating agency Fitch has affirmed ratings on Nakilat Inc’
The ratings reflect two-notch uplift from the senior and junior bonds’ Standalone Credit Profiles (SCP) at ‘a’ and ‘a-’, respectively, capturing the strong incentives by…
International Startups laud Qatar’s hosting of Web Summit
Web Summit Qatar 2025 successfully concluded last month, attracting over 25,000 attendees from more than 120 countries. Building on last year’s success, the event’s second…
US stock market loses $4 trillion in value as Trump ploughs ahead on tariffs
President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out $4 trillion from…
UAE Cabinet approves national investment strategy for the next 6 years
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday said via the…
IMF approves disbursement of 4th tranche from loan to Egypt
Egyptian Finance Minister Ahmed Kouchouk announced on Monday that the International Monetary Fund (IMF) has approved the disbursement of the fourth tranche to Egypt, estimated at US$…
UAE cryptocurrency firm Phoenix’s CEO buys over 20m shares from open market
Munaf Ali of Phoenix Group has bought more than 20 million shares in the company in recent weeks.Supplied Dubai: Munaf Ali, the CEO of ADX-listed…
Vladimir Razuvaev on Yango Tech’s Bold AI-Powered Vision for MENA
The Yango Tech Chief Executive discusses the unification of B2B offerings and how AI is transforming industries across the region Middle East sat down with…
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Tesla’s (TSLA) stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The…