Tesla cuts car models in shift to robots and AI
Tesla says its annual revenue has fallen for the first time as the electric vehicle (EV) maker shifts its focus to artificial intelligence (AI) and…
Month: January 2026
Saudi Arabia Exempts High-Growth Sectors from Franchise Experience Rule
Saudi Arabia will allow selected high-growth and innovative sectors to offer franchises without meeting a long-standing operational experience requirement, in a move aimed at accelerating…
Sharjah announces early launch of ‘Light Village’
The Emirate of Sharjah is preparing to welcome the 15th edition of the Sharjah Light Festival 2026, the annual flagship event that brings together art…
Facebook-owner Meta to nearly double AI spending
Meta boss Mark Zuckerberg plans to ramp up spending on artificial intelligence (AI) projects this year, even as other executives warn of a potential bubble…
Why an India court ruling on a 2018 deal is rattling foreign investors
Foreign investors and private equity firms operating in India are making anxious calls to advisers and lawyers after a Supreme Court ruling earlier this month…
Hong Kong Scientists Launch AI Model to Better Predict Extreme Weather
A team of Hong Kong scientists has developed an artificial intelligence weather-forecasting system to predict thunderstorms and heavy downpours up to four hours ahead, compared…
AVENEW Development and Hilton share for Waldorf Astoria Dubai Islands and Residences
AVENEW Development, a Dubai-born real estate innovator, has signed an agreement with Hilton to open Waldorf Astoria Dubai Islands and Waldorf Astoria Residences Dubai Islands,…
Qatar affirms importance of commitment to rule of international law
Qatar affirms importance of collective commitment to rule of international law as cornerstone of international peace and security. The State of Qatar affirmed the necessity…
Record Demand … $10.5 Billion in Initial Orders for Aramco Bonds
Saudi Aramco saw on Monday a strong demand in the first hours after the company offered indicative pricing for four-tranche dollar-denominated bonds, with combined order…
US government invests $1.6bn for stake in rare earths firm
The Trump administration will invest $1.6bn (£1.2bn) in a US critical minerals firm, marking officials’ latest push to reduce China’s dominance over the rare earths…