HP to Cut Up to 6,000 Jobs by 2028 as It Accelerates AI-Focused Transformation
HP Inc. has announced that it will cut between 4,000 and 6,000 jobs globally by fiscal 2028, as…
BKN301 Raises $38 Million and Acquires UK AI Fintech Planky to Accelerate Expansion
BKN301 Group, a London-based fintech architecture provider, has raised US$38 million in new financing after securing a credit…
GCC Banks Enter 2026 with Stable Outlook, Strong Capital and Solid Profitability, Says S&P
GCC banks are heading into 2026 with stable credit fundamentals, strong capital buffers and resilient profitability, according to…
UAE Central Bank to Introduce Digital Saving and Investment Products for Low-Income Workers
The Central Bank of the UAE (CBUAE) has announced plans to launch new digital saving and investment products…
Khalifa Fund and ADGM Academy Launch “Ruwad Al Ain Bootcamp” to Empower Emirati Entrepreneurs
The Khalifa Fund for Enterprise Development, in partnership with ADGM Academy, has launched the “Ruwad Al Ain Bootcamp”,…
U.S. Tech Valuations Rise Even as Earnings Contribution Declines, Raising Investor Caution
U.S. technology stocks continue to dominate equity market valuations, even as their share of corporate earnings declines —…
EFSIM to List 30% Stake on Tadawul as It Prepares for Market Expansion
EFSIM Facilities Management Company (EFSIM), a leading integrated facilities management provider in Saudi Arabia, has announced plans to…
Aramco and Pasqal Deploy Saudi Arabia’s First Quantum Computer for Industrial Applications
Aramco, one of the world’s leading integrated energy and chemicals companies, has partnered with Pasqal, the global pioneer…
Cenomi Centers Completes USD 500 Million Shari’ah-Compliant Sukuk Offering to Support Refinancing Plans
Cenomi Centers has announced the successful completion of its USD-denominated Shari’ah-compliant Sukuk offering, with settlement expected on 4…
UAE Ministry of Finance Concludes ‘Leaders of Finance’ Field Visits, Preparing the Next Generation of Emirati Fiscal Leaders
The UAE Ministry of Finance (MoF) has officially concluded the “Field Visits to Financial Institutions” programme, a key…