OpenAI’s latest fundraising push comes as soaring AI infrastructure costs collide with growing concerns over autonomous agents.
Market Chatter: OpenAI in Talks With UAE Funds, Including MGX, to Anchor $30 Billion Round
OpenAI is in talks with multiple investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, to help anchor a $30 billion round of financing, Bloomberg reported …
Sharjah Charity inaugurates Dhs9 million projects benefiting thousands in Central Asia
A delegation from Sharjah Charity International (SCI), headed by Sheikh Saqr Bin Mohammed Al Qasimi, Chairman of the Board of Directors, has inaugurated …
Sharjah warns against dumping pets after abandonment cases at animal market
Along with the notice, the municipality shared footage of a boy leaving an animal in a cage outside one of the shops at the Birds and Pet market …
Lisa Nandy delays publication of critical report on UAE
The Culture Secretary has further delayed the publication of a critical report on the failed United Arab Emirates (UAE) bid for The Telegraph, two and a half years after it was completed.
UAE Team L’IMAD shutter development squad amid ongoing turbulence
‘Developing young talent remains part of our commitment to women’s cycling’ insists team boss
Etisalat launches project to expand digital infrastructure within the UAE and abroad
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, today witnessed the launch of etisalat’s strategic project to develop and expand digital infrastructure capacity within the UAE and abroad,
OpenAI eyes a $1.4T valuation without an IPO: why the UAE is willing to bet big
OpenAI’s previous round closed in March with $122 billion of committed capital at an $852 billion post-money valuation. The latest talks imply another huge step-up months later, while OpenAI has postponed an IPO until at least 2027.
Citigroup’s Japan & UAE Token Push: A Growth Catalyst for Services?
Citigroup Inc. C is taking Citi Token Services to Japan and the United Arab Emirates (UAE), broadening its digital payments network across key financial hubs and potentially supporting growth in its …
Inside a billionaire’s paradise with crypto’s most powerful ex-convict
Changpeng Zhao, jailed in the United States for a financial crime and pardoned by Donald Trump, is now living a gilded life in the United Arab Emirates.
Dubai court orders man to return Dh9.99 million to former friend after share transfer never completed
Dubai Civil Court orders man to repay Dh9.99 million after failing to transfer agreed company shares, ruling bank transfers alone don’t prove debt without documented purpose …
Sharjah rents surge up to 31% as prices rise across top 30 areas
Sharjah rents rise across the 30 most-searched apartment and villa areas, with villa asking rents jumping 30.6% in Al Mansoura, Bayut data shows …
Dubai visitor survey 2025: Top attractions, satisfaction scores and what 19.59 million tourists did
Dubai International Visitor Survey 2025 highlights top attractions like The Dubai Mall (97%), beaches (79%) and desert safaris, with 19.59 million tourists and 99.7% satisfaction plus restaurants …
Dubai Airport tops world rankings for October with 9.15 million scheduled seats – 450,000 ahead of London Heathrow
Dubai International Airport tops OAG October rankings with 9.15M scheduled seats, 5.3% monthly growth and 450K more international capacity than London Heathrow as Emirates and flydubai expand routes …
World Teachers’ Day: Dubai awards golden visas to private school educators
Dubai awards 10-year Golden Visas to exceptional private-sector educators for World Teachers’ Day, recognising their impact and the criteria behind the scheme.
Manchester City’s OKX Deal and the Dubai VASP Licence (and some personal news)
OKX’s Man City deals were announced days apart from its Dubai VASP licence milestones, in the context of City’s 115 charges verdict …
UAE boosts financial intelligence sharing to tackle crypto crime
The United Arab Emirates is stepping up efforts to combat financial crime linked to virtual assets as the country’s financial intelligence and virtual asset regulators strengthen cooperation. The UAE …