Browsing: Business

Cerebras Systems has successfully undergone a US government review concerning its links to the UAE’s G42, a spokesperson for the American AI firm confirmed.

EDGE, a global leader in advanced technology and defence, has launched UNMASK, a cybersecurity solution developed by ORYXLABS. This advanced tool enhances network security, monitoring, and optimisation for enterprises.

Haldirams, a leading Indian snacks manufacturer, has announced the participation of Abu Dhabi-based International Holding Company (IHC) in its latest equity funding round.

Dubai-based EDGNEX Data Centers by DAMAC has acquired Finnish data centre firm Hyperco, strengthening its European footprint.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, stated that electricity connection requests for commercial projects rose by 4.51% in 2024 through the Al Namoos service.

The UAE’s CEPA programme, launched in September 2021, has secured 26 agreements with key nations and international blocs by early 2025, strengthening its global trade position.

Saudi budget airline flynas, backed by billionaire Prince Alwaleed Bin Talal, plans to launch an initial public offering (IPO) on Riyadh’s stock exchange, the kingdom’s markets regulator announced.

Elon Musk’s AI company, xAI, has acquired the social media platform X in an all-stock…

Alef Education Holding Plc (Alef Education) has successfully concluded its inaugural Annual General Meeting (AGM).

The Abu Dhabi-listed Agthia Group has acquired a 100% stake in UAE mineral water desalination company Riviere, a move which the company said will triple its household customer base and expand its network in the water and food segment with a revenue growth of 6.5%.