Business
Manus on Markets: Big bucks being raised for AI infrastructure | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Business
Business
ADIB approves rights issue to raise Dh1.75 billion in gross proceeds
Eligible shareholders will be entitled to subscribe for approximately one new share for every 34.14 existing shares held
Business
IMF chief warns energy shock, growing debt and AI risks threaten global growth
New IMF growth forecasts to be released during the Bangkok meetings will show the biggest growth downgrades will come in economies ravaged by war
Business
HSBC plans job cuts across UK wealth business in AI push, FT reports
The bank plans to cut about half of management and specialist roles in the business, while reductions among financial advisers could reach around 70%, the report said
Business
UAE, Saudi investors back $191 million Shariah-compliant private credit fund
Regional firms are increasingly turning to alternative financing as mid-market businesses seek flexible capital beyond traditional bank lending and public markets
Business
AI ‘widening economic inequality’, warns IMF boss
IMF chief Kristalina Georgieva warns that the AI boom is driving economic growth but increasing global inequality, urging policy changes to address the issue.
Business
Iran war energy price shock large but contained so far, IMF chief says | The National
Kristalina Georgieva says AI revolution and geopolitical instability are pulling global economy in two directions
Business
UAE National Agriculture Centre joins Growtech Middle East 2026 as a strategic government partner
Partnership will put UAE farmers, sustainable agriculture and sector development at the heart of the conversation
Business
Dubai gold prices fall below Dh500 as dollar strengthens
According to data by Dubai Jewellery Group, the 24K gold price was trading at Dh498.25 per gram at the market open on Wednesday, down from Dh504
Business
إضاءة دبي
By: Robert Kensington There is a disconnect between the marketing narrative of botanical purity and the gritty reality of shelf space allocation in the American convenience sector. The press release from Botanic Tonics reads like a standard catalog entry, listing new formats and active ingredients with a serene detachment from the commercial chaos that actually […]
Business
إضاءة دبي
By: TechVanguard – SeaPRwire – Keyword alerts still miss most brand appearances inside video. A logo flashes for three seconds. A creator mentions a product while the camera is pointed elsewhere. Traditional tools never see it. Multimodal systems that read visual, audio and context together are rare and expensive to prove outside a home market. […]
Business
إضاءة دبي
By: Logan Pierce – SeaPRwire – A single kava tonic cannot cover every moment of the day. Consumers want calm after work, focus in the afternoon and sleep at night. Botanic Tonics is answering with a new noble-kava shot and two mix-in sticks. The formats land at NACS this week. Nationwide shelves open in 2027. […]
Business
Chinese Independent Refiners Boost Iraqi Oil Purchases, Traders Say
Chinese independent refiners have stepped up purchases of crude from Iraq and Qatar for October and November delivery to replace dwindling Iranian supplies, as exports from other Gulf producers through the Strait of Hormuz recover, traders said. Strong demand for non-sanctioned Gulf crude from private refiners has helped support the market after supply disruptions linked to the US-Israeli war with Iran, according to Reuters.
Business
India's central bank hikes rates for first time in more than three years
Since the outbreak of the Iran war in February, the RBI has stood pat as it waited to assess the impact of volatile oil prices on the world's fastest-growing major economy
Business
Higher-for-longer rates may reshape UAE growth as global economy adapts
Lunate sees resilient global expansion driven by strong nominal growth, elevated energy prices and investment spending, creating both opportunities and challenges for Gulf economies
Business
Capital Group secures ADGM licence to expand Middle East operations | The National
US-based firm, which manages $3.6 trillion in assets, adds to rising number of global investment firms in Abu Dhabi
Business
US stock market hits all-time high as investors continue to bet on AI
The benchmark S&P 500 is up 14 percent this year despite elevated oil prices and US government debt sell-off.
Business
UAE aims to take camel milk global in quest to turn product into new superfood | The National
Al Ain Farms Group unveils plans to bring camel milk brand to China and Europe