featured
Gargash Group has partnered with Adyen to upgrade its payment ecosystem, with the solution now live at Sixt UAE, enabling seamless and secure transactions across channels. The unified platform boosts efficiency, transparency, and reporting accuracy, supporting the group’s push toward scalable, future-ready operations.
19/02/2026
The AI-driven chip rally still has room to run, according to analysts, with companies such as Nvidia, AMD, Broadcom, Taiwan Semiconductor, and Micron positioned to benefit from surging demand for AI infrastructure. While concerns over valuations and market exuberance persist, growing investment in AI data centers and the rise of AI agents are expected to support long-term growth across the semiconductor sector.
With US$40 million already committed, the Global Talent Fund is attracting investor attention with a strategy focused on building globally scalable consumer brands alongside high-profile talent.
Major U.S. banks remain upbeat about second-quarter performance despite geopolitical tensions, higher fuel prices, and ongoing disruptions in the Strait of Hormuz. Strong trading, investment banking, lending activity, and rising AI-related investment are helping drive revenue growth, while resilient consumer spending continues to support the sector.
Fitch Ratings warned that ongoing regional conflict are increasing pressure on Middle East credit ratings, disrupting supply chains and raising economic risks across the GCC. While no issuer downgrades have been recorded so far, several ratings have been placed on negative watch regarding several sectors.
01/06/2026
