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…
Category: FINANCE
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…
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…
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…
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…
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…
Saudi Arabia’s next horizon
Former US Secretary of State Dean Acheson, one of the leading intellectuals of the twentieth century and a founder of…
Why international developers are considering projects in Saudi Arabia
There has been growing interest from international developers to launch projects in Saudi Arabia amid new reforms in the real estate sector, experts…
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial…
WhiteBIT signs agreement with holding of HRH Prince Naif Bin Abdullah Bin Saud
WhiteBIT has signed a major strategic agreement with Durrah AlFodah Holding to help drive Saudi Arabia’s digital finance and blockchain…