The United Arab Emirates has announced its exit from the Organization of the Petroleum Exporting Countries in 2026, marking a significant turning point in the global energy landscape. After decades as a…
DeepSeek’s latest artificial intelligence model has failed to ignite investor enthusiasm, underscoring how quickly expectations are shifting in the global AI race. The Chinese startup, which made headlines last year…
In a landmark move for India’s pharmaceutical sector, Sun Pharmaceutical Industries has announced the acquisition of U.S.-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking the largest overseas…
In the latest smartphone evaluation by Consumer Reports, the Samsung Galaxy S26 Ultra has secured the top position, surpassing its closest rival, the iPhone 17 Pro Max. The rankings, widely…
Meta Platforms has announced a landmark partnership with space energy startup Overview Energy to secure large-scale clean electricity for its growing network of AI-driven data centers. The collaboration marks one of…
In a significant step toward advancing digital finance in the UAE, Emirates Islamic has introduced the country’s first Shariah-compliant platform that allows customers to buy and sell gold online. The new…
Sharjah Islamic Bank reported a strong financial performance for the first quarter of 2026, with net profit rising 19.4% year-on-year to reach Dh380.7 million. The increase reflects the bank’s steady growth…
The International Monetary Fund (IMF) has significantly lowered its economic growth outlook for the West Asia and North Africa region, projecting expansion of just 1.1% for 2026. The revision marks…
Korean AI chip startup DEEPX and Hyundai Motor Group are jointly advancing the development of next-generation robots powered by generative artificial intelligence, in a move that highlights the growing convergence of robotics…
BlackRock has advised investors to diversify their hedge fund investments as global markets experience heightened volatility driven by geopolitical tensions and rapid technological shifts. The world’s largest asset manager highlighted that…
