The news, anew
Meta Platforms said on Tuesday it increased its largest-ever equity fundraising to $97.5 billion as the social media giant aggressively expands its AI infrastructure. The social media giant said it was increasing the common stock offering it announced on Monday from $22.5 billion to $25 billion, priced at $625.00 per share. Meta also priced its 250 million depositary shares at $50 per share.
Business
UAE capital markets see 43% rise in licensed companies in 9 months
Business
Dh1 is now equivalent to Php17.45; economists fear the record-breaking slide will continue amid persistent concerns over the domestic economy and rising inflation
Business
Saudi Arabia's Investment Minister Fahad Al-Saif discussed strategies to convert investment opportunities into projects during a US-Saudi Business Council meeting. He highlighted the rise in US investments, with 530 new licenses issued in 2026, and emphasized the need for collaboration to strengthen bilateral trade and industry localization, particularly in aerospace and defense sectors.
