Business

UBS: AI could jolt credit markets

The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks,…

2 months ago

EssilorLuxottica triples Meta AI glasses sales in 2025

EssilorLuxottica’s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results. The French-Italian…

2 months ago

Gold falls below record highs but holds above $5,000

Gold prices fell on Tuesday but remained above $5,000 an ounce, as investors remained cautious ahead of key U.S. jobs…

2 months ago

Syria, Saudi Arabia sign joint airline deal, $1bn telecoms push

Syria and Saudi Arabia signed deals Saturday that include a joint airline and a $1-billion project to develop telecommunications, officials…

2 months ago

Alphabet profits up 30% as Gemini tops 750m users

Alphabet Inc., Google’s parent company, has announced plans to double its technology investments by 2026, targeting a range between $175…

2 months ago

UAE–Kuwait non-oil trade hit AED54.5 billion in 2025

Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said non-oil trade between the UAE and the sisterly State…

2 months ago

Industry Minister Meets German Economy Minister

Minister of Industry and Mineral Resources Bandar Alkhorayef met on Sunday at the ministry’s headquarters with German Federal Minister for…

2 months ago

Gulfood anchors UAE food economy, global agri-trade hub

Day three of Gulfood 2026 marked a decisive inflection point in the evolution of the world’s most influential food and…

2 months ago

King Khalid Airport opens Terminal 2, capacity to 14m

Terminal 2 at King Khalid International Airport has officially opened, marking the completion of a major redevelopment project for Terminals…

2 months ago

Japan tourist arrivals hit record 42.7 million in 2025

Tourists to Japan hit a record 42.7 million in 2025, exceeding 40 million for the first time, Japan's Tourism Minister,…

2 months ago