Ten years after Sam Altman and Elon Musk created OpenAI as a nonprofit meant to advance artificial intelligence for public benefit, the two founders now find themselves leading rival companies in one ...
UAE borrowers are set to get modest relief next year as global interest rates begin to edge lower. After two years of expensive borrowing, mortgage and loan costs in the UAE are expected to ease gradu...
Toyota’s new all-electric compact SUV, the bZ3X, is seeing rapid sales growth in China, passing 10,000 units for the second month in a row, according to figures released by joint-venture partner GAC-T...
Dubai — The Middle East’s natural gas industry is preparing for one of its most ambitious growth phases yet, with industry leaders estimating that nearly $200 billion in investment will be required ov...
Dubai — UAE businesses are demonstrating some of the highest confidence levels globally in navigating shifting trade and tariff conditions, according to HSBC’s latest Global Trade Pulse Survey, which ...
Washington — President Donald Trump said Monday that Nvidia will be permitted to ship its H200 artificial intelligence chips to “approved customers” in China and other markets, provided that 25 per ce...
A years-long shift in global manufacturing away from China has accelerated to a decisive turning point, according to new data showing a dramatic reduction in U.S. sourcing from China and its neighbors...
China’s exports posted a stronger-than-expected rebound in November as manufacturers accelerated shipments following a temporary easing of trade tensions with the United States. The surge marks a sign...
Dubai: Amazon UAE has entered a new partnership with CAFU, allowing Prime members in the UAE to access a full year of free fuel delivery as part of their existing subscription. The offer gives Prime c...
Dubai: DAMAC Properties has introduced DAMAC Elevate, a digital rewards and recognition platform aimed at transforming how the company acknowledges contributions across all levels of its organisation....
Tesla has moved into the top tier of Consumer Reports’ annual auto brand rankings, gaining ground as its vehicle reliability continues to improve....
The US Federal Reserve is widely expected to deliver another interest rate cut next week, and the UAE Central Bank is preparing to follow. Market pricing shows nearly a 90% chance of a 25-basis-point ...
US stocks closed higher on Wednesday after unexpectedly weak employment data boosted expectations that the Federal Reserve will cut interest rates at its December 9–10 meeting. Private payroll firm AD...
Dubai: Gold prices in Dubai remained stable for a second straight session on Thursday, with 24-karat gold holding at Dh507 per gram and 22-karat at Dh469.50. While gold continues to consolidate around...
Anthropic is reportedly laying the groundwork for one of the largest initial public offerings in history, according to the Financial Times, setting up a potential race to the public markets with its b...
The UAE and Bahrain have begun the pilot phase of a new GCC “one-stop” travel system designed to let Gulf citizens move between member states without repeating entry procedures. The initiative marks a...
Bitcoin slumped sharply on Monday, logging its worst single-day performance since March as a renewed wave of selling pressure hit the cryptocurrency market. The world’s largest digital asset fell abou...
South Korean auto shares rose on Tuesday after U.S. Commerce Secretary Howard Lutnick confirmed that U.S. auto tariffs on South Korea have been reduced to 15% with retrospective effect from November 1...
Microsoft is significantly expanding its long-term commitment to the UAE with a $15.2 billion investment plan running from 2023 to 2029, marking one of its largest programmes in the region. The initia...
Air Arabia has launched a new daily nonstop service connecting Sharjah and Krabi, strengthening travel links between the UAE and one of Thailand’s most popular coastal destinations. The inaugural flig...
