Category: FINANCE
What is Claude Mythos and what risks does it pose?
In recent weeks, the AI world has been a-buzz following claims made by leading firm, Anthropic, regarding its new model, Claude Mythos. The company says…
Saudi Central Bank Governor National Model Shielded Economy from Shocks
Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the Kingdom’s…
Saudi Arabia Leads Gulf Growth at 3.1%
The International Monetary Fund cut its 2026 growth forecasts for Gulf economies, citing uneven exposure to energy markets and trade disruptions, as well as differing…
UAE Central Bank to develop e-KYC platform
The platform enables secure data sharing strictly based on explicit customer consent. The new process introduces a unified national approach that supports both financial institutions…
Sharjah real estate hits Dh18.5 billion in Q1 with 113 nationalities investing
Sharjah’s real estate market recorded transactions worth Dh18.5 billion in the first quarter of 2026, up 40.7% from a year earlier, with investors from 113…
Morocco’s economic reforms drives transition towards a green economy
The World Bank announced a $500 million loan to Morocco. This move aims to support the government’s efforts to boost employment opportunities and accelerate green growth.…
US, UK regulators meet banks on Anthropic AI cyber risks to financial systems
US and UK regulators are holding discussions with major banks about cyber security risks linked to Anthropic PBC’s latest AI model, amid wider concern about…
Bitcoin creator named by New York Times
British Bitcoin entrepreneur has told X he is not the digital currency’s mysterious inventor after a New York Times article named him as its creator.…
Women empowerment is not social luxury; it is economic necessity
Aisha Alfardan, Women empowerment is not a social luxury rather it is an economic necessity, according to Aisha Hussein Alfardan, vice chairwoman of Qatari Businesswomen…