Dubai, UAE-- On the day 4 of GITEX GLOBAL 2025, policymakers, cybersecurity leaders, and innovators convened to address the most pressing question of the intelligent age--how to secure a world powered by AI and data. While cybersecurity and resilience dominated the day’s discourse, the show floor remained a convergence of...

The company's shares shoot up 8%.

Paris, France -- Portugal great Cristiano Ronaldo once again topped the Forbes highest-paid footballers list for the 2025-26 season, as one of three members of the top 10 plying their trade in Saudi Arabia. It is the sixth time in the last decade that Ronaldo has topped the Forbes list...

Stockholm, Sweden -- Music and video streaming giants Spotify and Netflix have penned a deal to bring several video podcasts produced by Spotify to Netflix's platform, the companies announced late Tuesday. Under the deal, 16 video versions of podcasts produced by Spotify Studios and the Ringer -- which was acquired...

DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for the World Economic Forum's inaugural joint session of the Annual Meetings of the Global Future Councils and Cybersecurity. The crucial, three-day summit, running from October 14 to 16, 2025, is...

Dubai, UAE – Expand North Star by GITEX GLOBAL is underway in the UAE as the world’s largest startup and investor connector event launched its landmark 10th anniversary on Sunday alongside thousands of local and international visitors. Organized by Dubai World Trade Centre (DWTC), and hosted by the Dubai Chamber...

Beijing, China -- China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional 100 percent tariff on the world's second-largest economy. Trump reignited his trade war with China on Friday, accusing Beijing of imposing "extraordinarily aggressive" new export curbs relating to rare earths....

Dubai, United Arab Emirates -- Abu Dhabi, the capital of leading oil producer the United Arab Emirates, said Friday it had awarded a contract for a mega solar power plant to French group Engie in partnership with a local firm. The 1.5-gigawatt Khazna Solar PV plant, expected to have nearly...

Stock markets, meanwhile, were mixed as traders weighed a slew of issues: massive AI investments, corporate results, US interest rates, the US government shutdown, political turmoil in France and a Gaza ceasefire deal.

US and European stock markets mostly rose while Asian equities fell as investors also kept tabs on the AI investment boom and the prospect of further US interest rate cuts this year.

Multiply Group will hold 60.8% of ISEM.

Abu Dhabi, UAE – G42, the Abu Dhabi-based technology group, Wednesday announced its participation at GITEX Global 2025 with the launch of the G42 District, a new experience space centered on the company’s vision for AI Native Societies--communities where intelligence is embedded across public services, national infrastructure, and daily life....

Ajman, UAE -- Real estate transactions in Ajman reached AED 2.97 billion in September, achieving a remarkable growth of 53 percent compared to the same period in 2024, according to real estate report issued by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, Director-General of...

Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding, from the possibility of curing genetic diseases to transforming urban mobility or enabling green data centers. With the global AI market set to reach $4.8 trillion by 2033 (UNCTAD), the...

New York, United States -- OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure massive amounts of computing power for rolling out generative artificial intelligence. The companies announced the plan to develop AI data centers that the chipmaker said...

Hanoi, Vietnam -- Vietnam recorded economic growth of 8.2 percent in the third quarter, among the highest increases in more than a decade, the government said Sunday, despite fresh US tariffs taking effect. Finance Minister Nguyen Van Thang said the figure -- excluding the surge in 2022 driven by a...

Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689, shooting above its previous August record of around $124,500. Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown. Gains in US shares have also...

If confirmed, OpenAI workers' sale of a reported $6.6 billion in shares to investors would make the company the world's most valuable startup, overtaking Elon Musk's rocket company SpaceX -- valued at around $400 billion.

Paris, France -- Google said Wednesday it was adding its Gemini generative AI assistant to its smart home devices, saying users would be able to control them with natural language commands. The new "Gemini for Home" feature "replaces the Google Assistant", the previous system for managing the American tech giant's...

Washington, United States -- Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by Saudi Arabia's Public Investment Fund for $55 billion, in what EA said would be the largest all-cash private equity buyout in history. The consortium also includes US investment firms Silver...

The hospitality industry sits at the crossroads of experience and responsibility. As utilities, energy, and resource costs rise, and as travelers grow more discerning about their environmental footprint, I believe hotels that prioritize sustainable operations are positioning themselves as sector leaders. At STORY Hospitality, sustainability is woven into both the...

Istanbul, Turkey -- Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after President Recep Tayyip Erdogan made his first White House visit since 2019. The more than two-hour meeting between Erdogan and President Donald Trump raised Ankara's hopes of seeing Washington lift...

This is a blow to Germany's ailing car sector.

Abu Dhabi, UAE — The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has completed the September 2025 auction of dirham-denominated Islamic Treasury Sukuk (T-Sukuk), raising AED1.1 billion. The auction, part of the UAE’s 2025 T-Sukuk programme, saw strong demand from the eight primary...

Acquires Modon Holding’s 17.45% stake

Experts predict continued growth, with developers increasingly seeking partnerships for brand prestige, service excellence, and higher premiums.

Dubai, UAE – The Dubai Integrated Economic Zones Authority (DIEZ) recorded its highest-ever trade performance in 2024, with total trade across its three economic zones reaching AED 336 billion ($91 billion). The figure represents a 19 percent increase compared to 2023 and accounts for 13.7 percent of Dubai’s total non-oil...

Paris, France -- AI companies have sucked up the world's entire music catalogue and are guilty of "willful, commercial-scale copyright infringement", a major music industry group told AFP. "The world's largest tech companies as well as AI-specific companies, such as OpenAI, Suno, and Udio, Mistral, etc. are engaged in the...

Nvidia announced a $5 billion investment in struggling US rival to jointly develop chips for PCs and data centers. The deal comes on the heels of the United States taking a 10-percent stake in Intel, which has fallen behind in recent years after missing key technology shifts.

"We have a deal on TikTok, I've reached a deal with China, I'm going to speak to President Xi (Jinping) on Friday to confirm everything up," Trump told reporters as he left the White House for a state visit to Britain.

Donald Trump said -- without directly naming the social media giant -- that a deal was reached with a "certain company that young people in our Country very much wanted to save. They will be very happy!"

Sharjah, UAE -- The Sharjah FDI Office (Invest in Sharjah) has announced an exceptional increase in foreign direct investment during the first half of 2025, marking the strongest performance among all UAE emirates. In this time period the emirate recorded 74 FDI projects, a 57 percent surge from the 47...

Rome, Italy -- European aerospace firms Airbus, Leonardo and Thales could seal an accord this year to set up a joint satellite enterprise, a senior Airbus official told Corriere della Sera daily in an interview published Sunday. The three firms want to set up a satellite production entity to rival...

Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones threaten their economies. Diamond-dependent Botswana is leading the way and launched a sovereign wealth fund this week to lay the "foundation for a more resilient,...

Taif, Saudi Arabia -- The market value of the camels competing in the final rounds of the 2025 Crown Prince Camel Festival has approached SAR250 million ($66.6 million), with 100 camels participating. The seventh edition of the festival, organized by Saudi Camel Sports, began on September 2 under the patronage...

Beijing, China -- China urged the United States on Friday to address their TikTok dispute through dialogue, as top leaders from both countries are set to discuss the social media platform in Spain next week. The deadline for the popular app to find a non-Chinese buyer or be banned in...

Companies including Germany's Holon and Estonia's Auve Tech displayed small self-driving buses, designed for routes where larger buses with drivers could be too expensive.

Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich Qatar. Gold, a traditional safe haven investment, traded close to its recent record highs.

Huge AI contracts lead to the surge.

The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic hyperloop transport system and could reach 700 kilometers (435 miles) per hour once longer tracks are built. Hardt Hyperloop said its vehicle had reached 85 kph at the 420 meter...

The rights issue aimed at boosting growth.

Net profit before GAC $445 million.

New York, United States -- Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies. The plan potentially provides Musk -- already the world's wealthiest person -- with up to...

Brussels, Belgium -- The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favoring its own advertising services Friday, despite President Donald Trump's warnings not to target US big tech. Google immediately vowed to appeal the decision by the European Commission, which accused the US...

Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power its in-flight Wi-Fi service, the companies announced Wednesday, as the online retail giant tries to challenge the dominance of Elon Musk's Starlink. The partnership will see JetBlue implement Project Kuiper's...

Kinshasa, DR Congo -- Qatari investment firm Al Mansour Holding hopes to invest $21 billion in the Democratic Republic of Congo where Doha is mediating to end years of conflict in the east, the Congolese government announced Wednesday. Group founder and royal family member Sheikh Mansour bin Jabor bin Jassim...

Wall Street stocks opened mostly higher, with shares in Google parent-company Alphabet shooting up nearly seven percent after winning a crucial court battle.

Its net profit for H1 was $474 million.

Geneva, Switzerland -- Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United Nations said Monday. The UN's World Intellectual Property Organization (WIPO) said the Chinese cluster had leapfrogged its Japanese rival in its 2025 Global Innovation Index. The change at the top of the...

GENEVA, 31st August 2025 (WAM) -- The International Air Transport Association (IATA) said Sunday that global passenger demand grew by 4 percent in July. The IATA released data for July 2025 global passenger demand. Following are the highlights: • Total demand, measured in revenue passenger kilometers (RPK), was up 4.0...