Articles
Mubadala and Carlyle's AlpInvest launch global financing partnership
The deal aims to support the growing demand for liquidity and capital solutions within private markets
Google launches Gemini 2.0, its 'most capable' AI model
Latest model introduces 'agentic AI' that can make decisions and act on behalf of users
Saudi Arabia’s PIF launches Adeera to create homegrown hospitality brands
The new hotel management company will oversee the development and management of Saudi hotel brands
Airline industry's $1.7bn in blocked funds 'threaten connectivity'
Pakistan, Bangladesh and several African nations responsible for overdue payments
Global trade to hit record $33tn in 2024, but uncertainty looms for 2025
Outlook remains uncertain due to risks of expanded trade wars, US policy shifts and geopolitical challenges
Aramco, TotalEnergies and SIRC to explore SAF plant in Saudi Arabia
Pact was announced during the French President Emmanuel Macron’s state visit to the kingdom
Intel CEO Pat Gelsinger retires amid competitive pressure
Following the news, Intel's stock jumped more than 3%
Aramco buys 10% stake in Horse Powertrain to boost mobility solutions
The agreement is based on a $7.8bn valuation of the UK company, which is jointly owned by Renault Group and Geely
UAE petrol prices to fall in December
Diesel price to go up, reflecting movements in the global oil market
Abu Dhabi Investment Group to invest $100bn in Brazil
Focus sectors will include technology, aviation, automotive manufacturing, finance and energy
Dubai approves $204m for next phase of R&D programme to boost innovation economy
The programme aims to contribute $5.4bn annually to the emirate's GDP by 2033
ADGM draws more fund managers with Q3 assets under management up 215%
The financial hub sees rapid growth with new entrants boosting managed wealth significantly during the quarter
Mubadala Capital to take CI Financial private in $8.7bn deal
The all-cash transaction is expected to close by the second quarter of next year
UAE ranked fifth globally in AI competitiveness
Emirates commended by Global Vibrancy Tool 2024 for government's commitment to technology
UAE launches digital KYC platform to boost financial transparency
A newly established entity will be responsible for developing and managing the platform, with full legal authority to oversee its operations
