How Syria's al-Sharaa learned from the failures of Libya and Iraq
It has been a year since the fall of the former Syrian president Bashar al-Assad and the Levantine doomsayers who predicted that it was “Assad or nothing” have been proved wrong. Contrary to their prophecies, Syria has not fractured along ethnic and religious lines. If that was the script, then Syr»»»
Elon Musk’s SpaceX will be the world’s biggest ever IPO in 2026 - if it happens
Dubai: SpaceX, the private rocket company founded by Elon Musk, is quietly moving toward a step that could reshape global financial markets: a stock market listing that may be the largest ever attempted. Sign up for our daily business newsletter, Cheques & Balances.In a company message seen by Bloo»»»
Construction output up nearly 10 percent
Construction output volume, based on both raw and calendar-adjusted data surpassed in October 2025 the one year earlier level by 9.7%. Among the main construction groups the construction of buildings expanded by 14.7%, that of civil engineering increased by 3.7%. Based on seasonally and working day»»»
Former Terraform CEO Do Kwon sentenced to 15 years in prison for crypto scheme - UPI.com
Police officers escort South Korean crypto mogul Do Kwon (C) to a holding facility pending his extradition in Podgorica, Montenegro, on March 23, 2024. A U.S. judge sentenced Kwon to 15 years in prison Thursday for a fraudulent cryptocurrency scheme. File Photo by Boris Pejovic/EPA-EFE Dec. 12 (UPI»»»
Chile to close year with record export value - UPI.com
Growth in Chilean exports was supported by salmon, frozen cuttlefish, frozen blueberries, frozen jack mackerel, dehydrated plums, powdered milk, frozen chicken, apple juice and grape juice. Photo by BarbaraJackson/Pixabay Dec. 11 (UPI) -- Chile is projecting a historic year in international trade. »»»
Al Tamimi & Company advises L’Assiette Nordique on the opening of its capital to a major investment fund
Casablanca, Morocco: Al Tamimi & Company is pleased to announce that it has advised L’Assiette Nordique, a leading seafood processing and distribution company in Morocco, on the opening of its capital to Capmezzanine V, FPCC-RFA, the fifth fund managed by CDG Invest Growth. This transaction marks a»»»
World Summit AI Qatar 2025 concludes with major global participation
Doha, Qatar: The second edition of the World Summit AI – Qatar 2025 concluded yesterday at the Doha Exhibition and Convention Center, organised by InspiredMinds! in partnership with the Ministry of Communications and Information Technology (MCIT). Over two intensive days of expert discussions, tech»»»
Aviziero launches a new phase of its intelligent platform for homeowners’ association management – free for the first 12 months
Aviziero, one of the pioneers of digitalizing homeowners’ association management in Romania, announces a new stage in the development of its intelligent software, designed to streamline accounting and operational processes for administrators and homeowners’ associations. The platform is offered fre»»»
Bridge Summit 2025 panel warns of AI misinformation, calls for tighter oversight
Against a rapidly shifting media economy dominated by creators, fragmented audiences, and unprecedented technological disruption, global leaders at BRIDGE Summit 2025 converged on a central question: how can the world rebuild trust while financing a future-ready media ecosystem? The panel, titled “»»»
Bucharest and Brașov ranked as Romania’s least affordable rental markets – Storia analysis
Residents of Bucharest and Brașov allocate around 40% of their average net salary to rent a studio apartment, the highest share among Romania’s major counties, according to a new analysis by property listing platform Storia. “In Romania’s major cities, housing prices have risen steadily in recent y»»»
CIB Named Egypt’s Bank of the Year 2025 by The Banker
Commercial International Bank (CIB) has been awarded Bank of the Year 2025 – Egypt by The Banker, in recognition of the lender’s accelerating expansion in factoring services and its growing portfolio of sustainable finance products aimed at small and medium-sized enterprises. CIB’s factoring arm, t»»»
196 self-made entrepreneurs join the billionaire ranks in biggest year since 2021, report finds
Dubai: A fresh wave of self-made entrepreneurs pushed the number of new billionaires to its highest point since 2021, driven by widespread business creation across a diverse set of industries, according to the new UBS Billionaire Ambitions Report 2025. Sign up for our daily business newsletter, Che»»»
Arabian Gulf Investment and Green Harbor Investment ink $500M deal to boost AI and robotics
Abu Dhabi: UAE-based Arabian Gulf Investment, headquartered in Abu Dhabi, has signed a Memorandum of Understanding, MoU, with the Chinese company Green Harbor Investment (GHI). The MoU signing took place today at the Mandarin Emirates Palace Hotel. Under this MoU, both parties intend to cooperate i»»»
Google raises AI stakes as OpenAI struggles to stay on top – DW – 12/08/2025
BusinessUnited States of AmericaGoogle raises AI stakes as OpenAI struggles to stay on topInsa WredeGoogle's new Gemini 3 model challenges OpenAI's dominance in the global artificial intelligence (AI) race. As rivals invest billions and competition grows, OpenAI faces pressure to innovate — and fin»»»
2025 Will Be World’s Second or Third-Hottest Year on Record, EU Scientists Say
This year is set to be the world's second or third-warmest on record, potentially surpassed only by 2024's record-breaking heat, the European Union's Copernicus Climate Change Service (C3S) said on Tuesday. The data is the latest from C3S following last month's COP30 climate summit, where governmen»»»
With high-performing listings guiding sentiment, the UAE’s next IPO wave could benefit more people
Dubai: The flurry of initial public offerings (IPOs) on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) has been a defining feature of the UAE’s capital markets over the past five years. Driven largely by state-led privatisations, these offerings have frequently attract»»»
Romania’s peak e-commerce season starts early in 2025, with processed volumes up over 70%
The peak season for eCommerce activity in Romania started earlier this year, according to an analysis by Packeta Romania, a global digital platform for online commerce. The highest order volume was recorded on November 12, more than one month earlier than the 2024 peak, which was reached on Decembe»»»
Google raises AI stakes as OpenAI struggles to stay on top – DW – 12/08/2025
BusinessGlobal issuesGoogle raises AI stakes as OpenAI struggles to stay on topInsa WredeGoogle's new Gemini 3 model challenges OpenAI's dominance in the global artificial intelligence (AI) race. As rivals invest billions and competition grows, OpenAI faces pressure to innovate — and finally turn a»»»
Ciprian Ciucu, PNL, wins Bucharest City Hall with 36.16% of total votes
The PNL candidate won five of the six sectors of the capital, being surpassed only in Sector 4 by his PSD opponent, Daniel Băluță, the incumbent mayor of Sector 4. Daniel Băluță was voted for by 21.06% of those who participated in the vote, a percentage that places him in third place, after Anca Al»»»
IPO not the final destination, says Etihad CEO; strong cash flow funds $10 billion expansion
Abu Dhabi: Etihad Airways, fresh from a record-breaking financial performance, is no longer viewing a public listing as a strategic necessity, according to Antonoaldo Neves, CEO of Etihad Aviation Group. Speaking at Abu Dhabi Finance Week 2025, Neves confirmed the airline's readiness for an IPO but»»»
China's Trade Surplus Tops $1 Trillion despite Plunge in US-bound Exports
China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed Monday, as a sharp drop in shipments to the United States was offset by surging exports to other major markets. Presidents Xi Jinping and Donald Trump reached a tentative truce to their fierce tra»»»
Sri Lanka issues landslide warnings as cyclone toll hits 627
Colombo: Sri Lankan authorities issued fresh landslide warnings on Sunday with rains lashing areas already devastated by a powerful cyclone, as the death toll rose to 627. A chain of tropical storms and monsoon rains has battered Southeast and South Asia, setting off landslides, flooding vast tract»»»
BG TOURISM - WINTER 2025/2026 Forum Opens in Pamporovo
The Bulgarian News Agency (BTA) organizes a forum entitled "BG TOURISM – WINTER 2025/2026" on Saturday at the Perelik Hotel in the resort town of Pamporovo. The discussion was opened by BTA Director General Kiril Valchev. The forum is organized in partnership with the Municipality of Chepelare, the»»»
BG TOURISM - WINTER 2025/2026 Forum to Open in Pamporovo
The Bulgarian News Agency (BTA) is organizing a forum entitled "BG TOURISM – WINTER 2025/2026," which will begin at 11:00 a.m. on Saturday at the Perelik Hotel in the resort town of Pamporovo. The discussion will be opened by BTA Director General Kiril Valchev. The forum is organized in partnership»»»
In November, Air Serbia surpasses 35 mln passengers carried
BELGRADE - Last month, Serbia's flagship carrier Air Serbia surpassed 35 mln passengers carried since its establishment, the company announced on Friday. "Air Serbia continues to record stable operational results and a high level of passenger interest even outside the peak summer season, as evidenc»»»
Putin’s Delhi visit puts spotlight on Hyderabad House — Inside Nizam’s palace turned diplomatic hub
Dubai: As Russian President Vladimir Putin arrives in New Delhi for high-level talks, Prime Minister Narendra Modi will receive him at Hyderabad House — a landmark building that has transformed from a princely residence into India’s prime stage for diplomacy. Situated at 1, Ashok Road near India Ga»»»
Saudi Aramco's Jafurah Gas Plant Begins Output with 450 Million Cubic Feet Per Day
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday. The finance ministry, in its 2026 budget statement, listed the milestone as an achievement reached in 2025. Jaf»»»
Eurovision faces crucial decision over Israel
The Eurovision Song Contest faces a battle for its future at a "watershed" meeting in Geneva on Thursday. Organisers and participating countries will debate whether Israel should be allowed to continue in the competition, amid protests over the way its government conducted its war in Gaza, and accu»»»
Romanian technology firm IT Genetics announces IPO to finance scale-up
IT Genetics, a Romanian technology company specialising in digital automation and operational efficiency solutions for businesses, announced its intention to list on the AeRO market of the Bucharest Stock Exchange in the first quarter of 2026. The company confirmed the plan this week, stating that »»»
Russian threats push Finland past EU budget deficit limit – DW – 12/01/2025
ConflictsFinlandRussian threats push Finland past EU budget deficit limitNik MartinFinland cut reliance on Russian energy and closed the shared border after the Ukraine war, erasing €12 billion in trade. The shocks deepened the Nordic nation's deficit, already strained by defense and welfare spendi»»»
Middlesex University–owner Al Masar Al Shamil Education lists on Saudi Exchange main market
Dubai/ Riyadh: Al Masar Al Shamil Education Company, the owner of Middlesex University Dubai and one of the GCC’s largest specialised education groups, made its debut on the Saudi Exchange’s Main Market following a heavily subscribed initial public offering. Sign up for our daily business newslette»»»
SEC Chair Atkins tells NYSE he wants to 'make IPOs great again' - UPI.com
1 of 7 | Securities and Exchange Commission Chair Paul Atkins wears a "Make IPOS Great Again" hat on the floor of the New York Stock Exchange on Wall Street on Tuesday in New York City. Photo by John Angelillo/UPI | License Photo Dec. 2 (UPI) -- The chair of the Securities and Exchange Commission P»»»
Prada Group acquires Versace in a $1.37 billion deal, ownership shifts after post-pandemic struggles
Dubai: The Prada Group announced Tuesday that it has officially purchased Versace in a $1.37 billion deal. The move takes the fashion house known for bold, sensual silhouettes into a new ownership structure alongside Prada’s industrial design direction and Miu Miu’s youth-focused market lead. Sign »»»
Saudi IPO pipeline expands toward 100 approvals despite 12% fall in Tadawul benchmark
Dubai: Saudi Arabia has dozens of companies seeking approval to list shares locally as the kingdom presses ahead with reforms to deepen its financial markets and draw more foreign investors. Sign up for our daily business newsletter, Cheques & Balances.“We have listed more than 40 since the beginni»»»
Saudi Arabia Launches Center to Steer Industrial Transformation, Expand Adoption of 4IR Technologies
Saudi Arabia’s Ministry of Industry and Mineral Resources has launched the Advanced Manufacturing and Production Center, a national hub designed to lead the Kingdom’s industrial transformation agenda and accelerate the adoption of Fourth Industrial Revolution (4IR) technologies. The center will ser»»»
'Historic rise in company registrations since 2014'
AMMAN — The number of companies registered in the first 11 months of 2025 has grown at an "unprecedented" rate since 2014, rising by about 46 per cent, while total registered capital reached its highest level ever, according to Companies Controller Wael Armouti.Armouti told the Jordan News Agency, »»»
Airbus stock prices drop after software glitch on A320 - UPI.com
A China Eastern Airbus A320 arrives at Beijing's international airport on April 10, 2019. Airbus A320 planes were grounded to fix a softweatre glitch. File Photo by Stephen Shaver/UPI | License Photo Dec. 1 (UPI) -- Airbus' stock shares declined on Monday after the European aerospace manufacturer a»»»
Russian Army Strikes Near Ukraine’s Kyiv as US–European Diplomacy Accelerates to End War
A Russian drone strike on Vyshhorod in the outskirts of Kyiv late Saturday killed one person and wounded 11 others, regional governor Mykola Kalashnyk said. Emergency crews evacuated a residential tower after fires broke out inside the building. The attack came less than 24 hours after a similar st»»»