It noted Anthropic is planning to go public this year and expects to break even for the first time in 2028.
ServiceNow to buy Armis for $7.75 billion to strengthen cyber exposure across IT and OT
ServiceNow and Armis will create a unified, end-to-end security exposure and operations stack that can see, decide, and act across …
Samsung Electronics forecasts a strong 2026
Samsung’s mobile unit feels optimistic about 2026 after strong third quarter gains.
Meta Platforms faces hefty tax charge
Meta suffers substantial $16 Billion tax charge.
OpenAI finishes recapitalisation plan
OpenAI completes its planned for-profit shift.
Line Investments, Sheikh Al Nuaimi and Mulk Int’l to deliver Mirkaaz Mall by LuLu
The mall of the future – Mirkaaz Mall by LuLu to anchor the region’s first mixed-use freehold and freezone a …
Belong expands NRI investment options with tax-free direct mutual fund platform
Tax-free investment offering for NRIs to invest in India via GIFT City, India Dubai — Belong, a new fintech platform …
Presight and Shorooq launch a $100M global fund to accelerate AI innovation
Abu Dhabi — Presight, a leading global AI and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm …
The Arab Energy Fund delivers landmark issuance of $600 million on robust demand
Riyadh — The Arab Energy Fund (TAEF), formerly known as APICORP, a leading multilateral impact financial institution focused on the …
Hub71 welcomes 26 high-growth startups in its most AI-intensive cohort to date
Abu Dhabi — Hub71, Abu Dhabi’s global tech ecosystem, has onboarded its most AI-intensive cohort to date, welcoming 26 high-growth …
Huawei observes a drop in profits for the first half of 2025
Huawei’s H1 profit takes a nose dive.
Rak Properties enables cryptocurrency payments via partnership with Hubpay
Hubpay will support RAK Properties in attracting a new class of international investors looking to purchase property in its Mina …
MFTA launches first Policy and Regulations Working Group to promote best practices
New initiative unites regulators, innovators, and industry leaders to shape a resilient policy framework that balances innovation with compliance across …
EIF Innovation Hub signs MoU with Presight, Core42 and FIs to explore AI Use Cases
Dubai — The Innovation Hub of the Emirates Institute of Finance (EIF) has launched a joint initiative focused on exploring the …