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Google co-founder urges employees to ‘turbocharge’ efforts pushing for 60-hour work week to win AI race

In an internal memo addressed to the Gemini AI team, Brin—whose net worth is estimated at $144 billion—emphasized that “60 hours a week is...

Government sector remains top employer of Gulf nationals as GCC workforce reaches 31.8 million

The figures highlight the male-dominated workforce, with 78.7% of workers being men and 21.3% women. Meanwhile, GCC nationals account for just 17.6% of the...

Balneário Camboriú: Brazilian coastal city nicknamed “Dubai of Brazil” set to house the world’s tallest residential skyscraper

Known for its luxury high-rises and oceanfront glamour, Balneário Camboriú already boasts three of the continent’s five tallest buildings, according to the Council on...

Etihad Airways to launch $1 billion IPO this week

The Abu Dhabi-based carrier plans to offer 20% of its business by selling 2.7 billion new shares, with proceeds directed toward funding its expansion...

Bitcoin dips below $90K, Ether hits lowest since October

Traders reacted sharply to the security breach, leading to a wave of liquidations across the digital asset market. Bitcoin, the world’s largest cryptocurrency by market...

GCC foreign reserves rise 7.5% to $804.1B in 2024

According to the data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) these reserves account...

NRI deposits rise 43% as inflows accelerate higher returns

With this sharp rise, the total outstanding NRI deposits at the end of December 2024 soared to $161.8 billion, compared to $146.9 billion a...

UAE telecom titan makes bold €825M Serbian expansion

SBB, a dominant player in Serbia with over 700,000 active customers, reported €244.1 million in revenues for 2023 and maintains a robust 50% EBITDAaL...

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Elon Musk’s xAI teams up with Telegram in $300M deal to bring Grok to a billion users

Telegram CEO Pavel Durov announced the partnership via social...

OpenAI’s $6.5 billion deal brings Apple design legend Jony Ive onboard, marking their largest acquisition

This marks OpenAI’s largest acquisition to date and signals...

Global gas demand to rise 50% by 2030, says Woodside CEO at WGC

At the World Gas Conference, Meg O’Neill, CEO of Australia’s top natural gas producer Woodside Energy, predicted a sharp 50% spike in global gas demand by 2030.

Qatar Airways takes off with single largest widebody aircraft order with $96 billion Boeing-GE mega deal

Doha’s national carrier is set to redefine global aviation...

GCC-US trade hits $93.6 billion in 2023, but investment flows show mixed signals

According to the Statistical Centre of the Cooperation Council...
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