Etihad Rail reveals details of full passenger railway network
Etihad Rail on Thursday announced details of the UAE’s full passenger railway network, marking a major milestone that reflects its strong commitment to advancing the…
Category: FINANCE
Circular economy of hype: Inside AI’s self-financing machine
OpenAI estimates spending $9b to keep models running before salaries, rent, or research When Oracle Corp. announced a multi-hundred-billion-dollar computing deal with OpenAI last September,…
Saudi Arabia Continues to Excel
Saudi Arabia Continues to Excel, Achieves Second-Highest Growth Rate in Tonnage in G20 Saudi Arabia marked a significant milestone in the maritime transport sector in…
Saudi Arabia Ranks 2nd Globally in World Bank’s GovTech Maturity Index 2025
Saudi Arabia has achieved an unprecedented milestone, ranking second worldwide in the 2025 GovTech Maturity Index (GTMI) released by the World Bank, covering 197 economies.…
From migration to magnet. Dubai’s wealth boom
Surge of millionaires, new regulations, and global momentum turn Dubai into a wealth hub In early 2025, billionaire John Fredriksen made headlines—not just for the…
Bitcoin Falls 5% Below $90,000 as Investors Ditch Risk Assets
Bitcoin fell back below $90,000 on Monday, extending losses after its steepest monthly decline since the 2021 crypto crash, as renewed risk aversion drove investors…
Dubai 24k gold surges above Dh510 amid National Day break
Dubai’s 22-carat gold price has surged above Dh473 per gram on December 1, up from Dh470.75 yesterday, as markets react to festive demand ahead of…
Saudi Arabia’s next horizon
Former US Secretary of State Dean Acheson, one of the leading intellectuals of the twentieth century and a founder of the Atlantic Council, is attributed…
Why international developers are considering projects in Saudi Arabia
There has been growing interest from international developers to launch projects in Saudi Arabia amid new reforms in the real estate sector, experts said. Developers from the UAE…
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by…