Business Archives

Bubble talk vs. strong earnings: making sense of last week’s market

If you’ve been watching the markets lately, you’ve probably noticed its mood swings. One day the headlines warn of an AI bubble, the next they’re celebrating record earnings. Both narratives have evidence

1 month ago

Business

(L-R) Mohammed Fituri, CTO, 1001 and Bilal Abu Ghazaleh, CEO and Founder, 1001.

1001 raises $30m to develop sovereign AI for GCC infrastructure

The GCC and London-based AI firm 1001 has secured $30 million in Series A funding led by Lux Capital. The investment will accelerate the development of sovereign AI systems tailored for critical

1 month ago

Business

Es'hailSat partners with Thales Alenia Space for new Eshail-3 satellite

Thales Alenia Space to build software-defined satellite for Es’hailSat

Thales Alenia Space has been commissioned by Qatar’s Es’hailSat to develop the Eshail-3/Türksat-Biruni satellite. Built on the software-defined Space INSPIRE platform, the satellite will provide flexible broadband connectivity across Europe, Africa, Central

1 month ago

Business

ADGM Academy and partners celebrate 3D printing graduates in Al Ain

ADGM Academy, Mawaheb Talent Hub, Khalifa Fund for Enterprise Development, and Sindan have celebrated the graduation of 50 Emirati job seekers from the Future Entrepreneurs Programme 3D Printing in Al Ain. The

1 month ago

Business

Alef Education supports UAE students in distance learning

Alef Education supports 246,000 UAE students during distance learning

Alef Education facilitated uninterrupted learning for 246,326 students across 518 UAE schools during the 2026 transition to distance learning. The platform’s AI-supported, Arabic-first infrastructure maintained academic standards and high engagement levels across

1 month ago

Business

Are you really ready for Agentic AI?

Enterprises may not be really ready for Agentic AI or autonomous agents. For one there is confusion and Agentic washing on what is an AI agent and chat bots are often referred to as autonomous agents. Then

1 month ago

Business

(L-R) Lukasz Rey, Managing Director & Partner and Middle East Head of Financial Institutions at BCG. and Mohammad Khan, Managing Director & Partner at BCG.

GCC asset management hits $2.7 trillion in 2025, BCG report finds

Assets under management (AuM) in the GCC grew by 10% to reach $2.7 trillion in 2025, marking a decade-high performance according to Boston Consulting Group (BCG). While institutional assets comprise 93% of

1 month ago

Business

Daumantas Grigaravicius, Head of Middle East at Adyen, added

Adyen secures Central Bank of the UAE licence to expand local operations

Fintech platform Adyen has secured a Retail Payment Services Category II licence from the Central Bank of the UAE. This strategic milestone allows Adyen to manage local settlements independently, reducing third-party risk

1 month ago

Business

Peter Oganesean, Managing Director, HP Middle East and East Africa.

Knowledge workers are feeling unfulfilled

With Gen Z set to make up 27% of the global workforce at the end of 2025, organisations are entering a new phase of workforce expectations. This generation brings a different set

1 month ago

Business

Fintech transformation driven by local communities

The most important lesson is that successful payment products are not really about payments, they are about people. In China, WeChat Pay began as a feature in a messaging app and became

1 month ago

Business

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