After the news was released, Coinbase shares kept declining, closing at 7.2%. Coinbase, the biggest publicly traded cryptocurrency exchange, estimated that a hack that compromised its customers’ account data would…
The deal is second on the list of companies that have raised above $1 billion in Hong Kong, as the city is waking up from sluggish IPO markets to show…
Saudi Aramco will sign MoU with US LNG producer NextDecade and utility company Sempra, as the oil company grows in the LNG industry. As President Donald Trump promises to unleash…
By 2030, the Gulf Cooperation Council (GCC) logistics sector will be worth over $100 billion, and its function will grow beyond just supporting economic growth. The Gulf is undergoing a…
As part of its D33 strategy, Dubai wants to double its economy to Dh32 trillion over the next ten years and place the emirate among the top three global cities.…
Mubadala’s total assets under management in 2024 came to Dh1.2 trillion ($326 billion), with annualised returns of 10.1% over five years. Mubadala Investment Company, the strategic investment arm of Abu…
A report by Environment America states that the growth of renewable energy has reduced harmful greenhouse gas emissions and made the country’s energy system more resilient. Renewable energy in the…
Uber riders would have the option to select a Pony AI autonomous car for their travel. Chinese robotaxi company Pony.ai team up with US ride-sharing service provider Uber Technologies to…
Microsoft has promised to make the transition of Skype users to Teams easier. When Skype was announced on August 29, 2003, internet calling was expensive, and VoIP, or voice-over-internet protocol,…
Shell may also wait for BP to approach another potential suitor before initiating contact, those people familiar with the situation told. Shell is discussing with advisors the possibility of buying…