UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC Exit
The United Arab Emirates is expected to increase its oil production beyond 5 million barrels per day next year, positioning…
Category: Business
US-Iran Agreement Eases Recession Fears as Oil Markets Stabilise
A breakthrough agreement between the United States and Iran has eased concerns about a potential global recession, calming energy markets…
UAE Fuel Prices Seen Falling as Oil Markets Ease After US-Iran Peace Deal
Petrol prices in the UAE could decline next month as global oil prices continue to retreat, with markets reacting positively…
Kingdom Holding’s SpaceX Stake Surges to $6.83 Billion After Nasdaq Debut
Saudi Arabia’s Kingdom Holding Co. has reported a sharp increase in the value of its investment in SpaceX, with its…
AI Adoption in Saudi Businesses Rises Sharply as Digital Transformation Accelerates
Artificial intelligence adoption among businesses in Saudi Arabia climbed to 33.1% in 2025, marking a 20% increase compared with the…
SpaceX Soars in Market Debut as Valuation Tops $2 Trillion and Musk Becomes First Trillionaire
SpaceX shares surged 19 percent in their first day of trading on the Nasdaq on Friday, lifting the company’s market…
IHC Launches Second Share Buyback Programme with Initial Dh1.8 Billion Tranche
Abu Dhabi-based International Holding Company (IHC) has launched the second phase of its share buyback programme, beginning with an initial…
Bitcoin Slump Sparks Crypto Winter Fears, But Analysts See a Softer Downturn
Bitcoin’s sharp fall from record highs has revived debate over whether the cryptocurrency market is entering another prolonged “crypto winter,”…
SpaceX Makes Wall Street History With Record-Breaking IPO
SpaceX began a new chapter on Friday as its shares prepared to start trading on the Nasdaq following what has…
Cybersecurity Talent Shortage Deepens Across MENA and Africa as Attacks Intensify, Mastercard Report Warns
A severe shortage of cybersecurity professionals is leaving organizations across the Middle East, North Africa and Africa increasingly vulnerable to…