Jada Invests $200 Million to Expand Growth Equity Capital for Saudi SMEs
Jada Fund of Funds, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund, announced its strategic commitment to Growth Catalyst Fund I, a Saudi-based…
Month: July 2026
Dubai’s DAE becomes world’s third-largest aircraft lessor after $9 billion deal
Dubai Aerospace Enterprise has completed its $9 billion acquisition of Macquarie AirFinance, lifting its fleet to about 1,000 aircraft and making the Dubai company the…
Musk launches invite-only X Money with a Visa debit card
Elon Musk’s social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another. The…
Inside the rogue ChatGPT hack
The company that got hacked by a rogue version of ChatGPT has revealed what it was like to be on the receiving end of the…
Emirates now accepts cryptocurrency for flight bookings in UAE: Here’s how it works
Dubai’s flagship carrier Emirates has officially launched Crypto.com Pay, allowing its customers in the UAE to pay for flights using the digital payment solution when…
Chip stocks slide in US and Asia as AI jitters rattle investors
Shares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened. Trading on South Korea’s…
Some people’s chats with Claude AI found to be publicly available online
Hundreds of user conversations with Anthropic’s popular artificial intelligence (AI) chatbot Claude were found to have been available to essentially anyone online. Links to the…
Johnson & Johnson offers up to $5.5bn to settle baby powder lawsuits
Johnson & Johnson (J&J) has offered to pay as much as $5.5bn (£4.14bn) to resolve tens of thousands of lawsuits in the US alleging that…
Chinese chipmaker shares surge 470% in blockbuster stock market debut
Shares in China’s biggest memory chip maker have surged by more than 470% as they made their debut on the Shanghai Stock Exchange’s tech-heavy Star…