OpenAI’s Massive Chip Orders Raise Financing Concerns Amid AI Expansion
OpenAI, the San Francisco-based company behind ChatGPT, is making one of the largest technology purchases in history, reportedly committing to…
Category: Business
Oman’s Inflation Rises 1.1% in September, Driven by Higher Transport and Service Costs
The Sultanate of Oman recorded a 1.1% increase in its Consumer Price Index (CPI) in September 2025 compared to the…
Emirates Cargo Plane Skids Off Runway in Hong Kong, Killing Two Airport Workers
A cargo aircraft operated by Turkish carrier Air ACT on behalf of Emirates skidded off the runway and into the…
QatarEnergy Begins Long-Term LNG Operations at UK’s Isle of Grain Terminal
QatarEnergy has started utilising its long-term liquefied natural gas (LNG) storage and regasification capacity at the Isle of Grain terminal…
Oil Prices Edge Higher but Set for Weekly Decline Amid Geopolitical and Supply Concerns
Oil prices rose slightly on Friday but remained on course for a weekly loss of nearly 3%, as forecasts of…
Kuwaiti Oil Prices Drop Amid Global Market Fluctuations
The price of Kuwaiti crude oil declined by USD 1.25 to settle at USD 62.52 per barrel on Friday, compared…
UAE–Kerala Flights Restored as Air India Express Reinstates Key Gulf Routes
UAE residents planning to travel to Kerala can look forward to uninterrupted flight services to Thiruvananthapuram, as Air India Express…
Oil Prices Climb After U.S. Claims India to Halt Russian Imports
Oil prices edged higher on Thursday, rising by nearly 1%, after U.S. President Donald Trump announced that Indian Prime Minister…
China’s New Energy Vehicle Sector Sees Strong Growth in Production and Sales
China’s new energy vehicle (NEV) industry continued its robust expansion in the first nine months of the year, with both…
Dollar Steadies as Trump Softens Tone on China Tariffs
The US dollar held steady on Tuesday after President Donald Trump signaled a more conciliatory approach toward China, fueling optimism…