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Category: Business

US-Iran Agreement Eases Recession Fears as Oil Markets Stabilise
Business

US-Iran Agreement Eases Recession Fears as Oil Markets Stabilise

June 16, 2026

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
Business

UAE Fuel Prices Seen Falling as Oil Markets Ease After US-Iran Peace Deal

June 15, 2026

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
Business

Kingdom Holding’s SpaceX Stake Surges to $6.83 Billion After Nasdaq Debut

June 14, 2026

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
Business

AI Adoption in Saudi Businesses Rises Sharply as Digital Transformation Accelerates

June 14, 2026

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
Business

SpaceX Soars in Market Debut as Valuation Tops $2 Trillion and Musk Becomes First Trillionaire

June 13, 2026

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
Business

IHC Launches Second Share Buyback Programme with Initial Dh1.8 Billion Tranche

June 13, 2026

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
BusinessUncategorized

Bitcoin Slump Sparks Crypto Winter Fears, But Analysts See a Softer Downturn

June 12, 2026

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
Business

SpaceX Makes Wall Street History With Record-Breaking IPO

June 12, 2026

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
Business

Cybersecurity Talent Shortage Deepens Across MENA and Africa as Attacks Intensify, Mastercard Report Warns

June 11, 2026

A severe shortage of cybersecurity professionals is leaving organizations across the Middle East, North Africa and Africa increasingly vulnerable to…

Nemetschek Arabia Showcases Digital Construction Solutions at Project Qatar 2026
Business

Nemetschek Arabia Showcases Digital Construction Solutions at Project Qatar 2026

June 11, 2026

Nemetschek Arabia, a subsidiary of the global software provider Nemetschek Group, is strengthening its presence in Qatar’s construction sector through…

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  • At Least 40 Iranian Sailors Seek Urgent Medical Care in Sri LankaOctober 25, 2026
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