Articles
Electric vehicle sales to zoom by nearly a third in 2025, S&P says
Overall car industry sales are set to inch up by only 1.7 per cent next year
Samsung awarded $4.8bn incentive to help boost US production under Chips Act
The financial boost will help create 'tens of thousands' of jobs in Texas
IMF approves $1.1bn disbursement for Ukraine
Total funds now at $9.8bn with the country's macroeconomic stability 'being preserved through skilful policymaking' by authorities, global lender says
Wall Street rallies on cooler-than-expected US inflation report
Investors continue to keep an eye on Donald Trump's policies as he prepares to take office again
What the UAE's ADGM is doing to fight crypto crime
From detailed guidance to hosting key events, the financial district strives to be one step ahead to protect investors
Crypto crimes surge as popularity of digital assets grows
Value of cryptocurrencies stolen in 2024 has hit $2.2 billion, Chainalysis study finds
Oman Investment Authority acquires stake in Elon Musk's xAI
San Francisco-based xAI is the developer of the Grok generative AI chatbot
Space42 secures $5.1bn contract from UAE government
The 17-year agreement includes an advanced $1bn payment to speed up the construction of the Al Yah 4 and 5 satellites
Libya's force majeure at Zawiya Refinery sparks new economic challenges
The refinery is the country's second-largest and is key to an economy heavily dependent on oil and gas
Big Tech leaders switch their position on Trump 2.0 with major moves
Warming up to the returning US president after years of going against him may prove beneficial for their businesses
World Cup hosting set to give major boost to Saudi Arabia's economy
Development for the event could potentially lift kingdom's GDP growth to more than 5% annually in the lead-up, analyst says
President Sheikh Mohamed endorses board of Adnoc's investment unit XRG
Dr Sultan Al Jaber, ex-BP boss Bernard Looney and Egyptian businessman Nassef Sawiris given key roles
What happens if Donald Trump changes his mind on cryptocurrencies?
The incoming US president is a sceptic turned champion and the market is responding accordingly – for now
Abu Dhabi to host UAE's biggest solar farm dedicated to crypto mining worth $1bn
Local companies Hearst and Gigatons aim to provide up to 100MW of power
Eric Trump says Donald Trump will 'fight like hell' to protect Bitcoin
He pledges US will go against those who have 'waged war' against cryptocurrencies