Apollo takes minority stake in Abu Dhabi’s Mubadala Capital | The National
Mubadala Capital announces strategic investment to support next phase of growth and says it will operate independently and maintain its governance structure
Business
Saudi Arabia announces revised electricity, water and wastewater tariffs effective January 1, 2027
The Saudi Energy Company and the National Water Company announced on Sunday adjustments to electricity, water, and wastewater service tariffs across the Kingdom.
Business
HR Ministry: Five worker categories covered by Nitaqat wage hike to SR6,000
Deputy Minister of Human Resources and Social Development for Labor Affairs Dr. Abdullah Abuthnain revealed that the decision to increase the minimum wage required for a Saudi employee to be counted fully under Nitaqat Saudization program covers five categories of workers in private sector establishments.
Business
AI company Anthropic files its IPO in hopes of raising $100 billion
Anthropic has filed paperwork for an initial public offering that could be one of the biggest in history. The company has yet to turn a profit.