Global stocks bounce back after tech rout, Brent falls below $75

Stock markets rebounded on Wednesday from the previous day’s rout of technology shares, caused by concerns over massive AI spending and rising borrowing costs. Oil prices fell further as...

SAIF Zone, NBF to enhance banking access for businesses and investors

SHARJAH: Sharjah Airport International Free Zone (SAIF Zone) announced the signing of a Memorandum of Understanding (MoU) with National Bank of Fujairah (NBF), establishing a strategic partnership aimed at...

RAKBANK debuts AI, mentorship programme for businesswomen

Mariecar Jara-Puyod, Senior Reporter DUBAI: Ahead of the June 27 “International SME Day” and as the world zealously engages in digitalisation, a 50-year-old homegrown commercial bank has launched a...

Li Qiang urges AI governance to avoid losing control

The world risks “losing control” of frontier technology such as artificial intelligence if governments are too slow to regulate it, China's premier warned attendees at 'Summer Davos' on Wednesday....

Mamdani proves his power in New York House races

New York City Mayor Zohran Mamdani waded into Democratic US House primaries to boost three progressives over establishment-backed candidates. All of them won on Tuesday, defeating two incumbents and...

Ras Al Khaimah court jails, fines duo for exchanging insults and threats on TikTok

Ras Al Khaimah Court of First Instance sentenced a man to three months and fined another Dhs1,000 after convicting them of exchanging insults, threats and harassment and misusing means...

Is ban working?

Great choice

I am happy to know that Imtiaz Ali's latest film, “Main Vapas Aaounga,” is performing well at the box office. Like many of his previous films, it had a...

Hanoi residents mount protest over home demolitions

Silent prayer vigils, cautiously worded protest banners and T-shirts pleading for neighbourhoods to be spared — Hanoi residents are showing rare public opposition to a massive redevelopment scheme that...

Maas Azurline nears handover as Metin Sari highlights shift in Dubai real estate value

As Maas Azurline approaches handover in Jumeirah Village Circle (JVC), Metin Sari , Founder of Maas Developers  and Roca Real Estate , has highlighted a broader shift in Dubai’s...