OpenAI is planning to support the development of a vast new data centre in the United Arab Emirates, which could potentially become one of the largest in the world. The creator of ChatGPT is expected ...

Saudi Arabia has spotlighted investment opportunities worth over SAR 50 billion ($13.3 billion) in the Hail region, reinforcing its drive to diversify the national economy. The announcement was made ...

Lulu Retail aims to impress investors after it posted a strong 15.8% rise in net profit for Q1 2025, reaching USD 69.7 million. The company also improved its profit margin by 25 basis points, bringing ...

Adnoc’s global investment subsidiary, XRG, has acquired a 38% share in an offshore natural gas condensate project in Turkmenistan from Malaysia’s Petronas. Petronas, XRG, and the Turkmen state-owned ...

In a landmark step for the UAE’s digital economy, Dubai-based artificial intelligence firm AqlanX has secured a $10 million investment from Australia’s Lakeba Group, via its AI automation venture ...

Congressional Republicans are racing to push forward a sweeping bill that encapsulates President Donald Trump’s key campaign pledges, including hefty tax reductions, slashed federal spending, and ...

Abu Dhabi-headquartered Fertiglobe, a leading nitrogen fertiliser producer in the Middle East and North Africa (MENA) region, has entered into an asset sale and purchase agreement to acquire the ...

Saudi Arabia’s Public Investment Fund (PIF) is preparing to double its European investments to $170 billion by 2030, according to its Governor, Yasir Al-Rumayyan. Speaking at the Future Investment ...

EVS Saudi Arabia 2025, the Kingdom’s premier exhibition dedicated to electric mobility, successfully concluded at the Riyadh Front Exhibition & Conference Centre. Over the course of three days, the ...

The Central Bank of the UAE (CBUAE) has issued both administrative and financial penalties against five insurance brokers operating within the country, in accordance with Article (14) of Federal ...

Dubai’s Roads and Transport Authority (RTA) has called upon companies and the wider business sector, including small and medium-sized enterprises (SMEs) across the UAE, to take part in 116 tenders and ...

In a strategic move to strengthen national supply chains and empower local businesses, the Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth Dh65.7 billion to nearly 400 UAE-based ...