Articles
PIF's SRJ Sports buys into mixed martial arts company PFL
A new regional league, PFL Mena, will be launched in the second quarter of next year
Spain's Alantra expands investment banking business with new DIFC office
The company offers consultancy on mergers and acquisitions, debt advisory, financial restructuring and capital market transactions
Aramco’s venture capital arm leads $27m round for tech start-up
Founded in 2018, Rewaa is an inventory management platform for the retail industry
PIF's AviLease to buy Standard Chartered's aviation finance business for $3.6bn
The transaction is expected to close in the fourth quarter of this year
UAE's Pure Health buys UK’s largest private healthcare group for $1.2bn
The move marks the arrival of the Emirates' largest healthcare group into the UK
Meta releases new AI model to ease coding
Code Llama aims to make workflows faster and more efficient for developers, Meta said
UAE’s Phoenix Group and Green Data City to start $300m crypto farm
The farm is expected to be fully operational by the second quarter of next year
Nvidia shares soar on higher profit and upbeat outlook
The chip designer expects its October quarter sales to jump 170%
Qatar’s QIA to invest $1bn in India's Reliance Retail
The Gulf state’s sovereign wealth fund's investment takes Reliance Retail's valuation to $100 billion
Dubai Integrated Economic Zones Authority's first-half revenue jumps 5%
The hub's earnings before interest, taxes, depreciation and amortisation during the six-month period rose 34%
Meta releases AI platform that can translate almost 100 languages
SeamlessM4T is the first 'all-in-one' model that can understand and translate both speech and text
UAE's e& capital leads $5m funding round for Maxbyte to boost its expansion
Maxbyte, which offers Industry 4.0 solutions, has a presence in the automotive, defence, utilities and food and beverage sectors
Zoom's shares rally on higher profit and outlook boost
Company's enterprise customers surged 6.9% on an annual basis to 218,100 in the last quarter
Riyadh's SRMG Ventures invests $5m in Anghami to bolster growth
As part of the agreement, SRMG will also have the opportunity to increase its investment in Anghami in the future
WhatsApp to let users share high-definition photos
New feature will become available globally over the next few weeks, says Meta chief Mark Zuckerberg
