featured

Reading Time 4 minutes

Saudi Arabia ranked 7th globally in the GAICI, emerging as the Gulf’s fastest-scaling AI-for-finance market, with Riyadh positioning itself as a regional hub for AI-driven financial services.

Clock29/01/2026

China is launching the first regular Arctic cargo route to Europe, offering faster journeys and lower fuel costs as melting ice and Red Sea risks reshape global shipping.

ADNOC Distribution’s Q2 profit nearly doubled to AED 1.32 billion, driven largely by higher fuel prices and inventory gains despite almost flat fuel sales.

Central banks’ efforts to keep markets stable may be creating unintended risks. Emergency lending and market backstops have encouraged highly leveraged government bond trades, potentially lowering borrowing costs while increasing financial vulnerabilities that could require further intervention during the next crisis.

Reading Time 2 minutes

Space42’s first-half results, with revenue up 15% and satellite-to-phone services on standard devices targeted for commercial rollout by the end of 2026, are the kind most space companies globally can’t show, and that’s what makes the regional story worth a closer look

Clock13/08/2026
Latest news
Money
TARIFFS ARE ON THE TABLE FOR U.S. IMPORTERS, WHATEVER THE ELECTION OUTCOME
By PAUL BERGER 23/08/2024
Money
SentinelOne and Intezer Unite to Tackle Emerging Rust Malware Threat
22/08/2024
Money
UAE Dirham-Pegged Stablecoin Set for Launch Through Collaboration Between Phoenix Group PLC and Tether
22/08/2024
Money
Maersk Opens the Middle East’s Largest Logistics Hub at Jeddah Islamic Port
22/08/2024
MARS . Kellanova
Money
Mars to Acquire Kellanova in a $36 Billion Deal, Marking a Major Expansion of Its Snacking and Cereal Brands
21/08/2024
BINANCE
Money
Binance Prevents Over $2.4 Billion in Potential Losses from Scams in Just 7 Months
21/08/2024
Money
Qatar Expected to Double Its Economy by 2031 Through Strategic Diversification
21/08/2024
Money
Bahrain’s Non-Oil Exports of products Rise 4% in July 2024
21/08/2024
Money
Saudi Council of Ministers Reaffirms Commitment to Education and Economic Stability
21/08/2024
Money
NBK and LOYAC Wrap Up 9th Edition of ‘KON’ Social Entrepreneurship Training
20/08/2024
Load more