Microsoft Corp (NASDAQ: MSFT)-backed OpenAI, the company behind ChatGPT, has no plans to go public soon, CEO Sam Altman said at a conference in Abu Dhabi. “When we develop superintelligence, we are …
Dubai International Financial Center mobilizes climate finance efforts ahead of COP28
The summit discusses the financing strategies needed to decarbonize the global economy and brings together under its umbrella some of the brightest minds | The Eastern Herald …
Fitch praises UAE green bond fee exemption
The UAE’s financial regulator announced yesterday it had approved a proposal to halt registration fees for companies listing green and sustainability-linked bonds and sukuks in a local market for 2023 …
Spectrum Talent Management IPO: Check issue dates, GMP, other key things to know
Spectrum Talent Management IPO is an SME IPO and a Book Building Issue. The company plans to raise ₹105.14 crore from the public issue of 60.77 lakh shares.
Sheikh Maktoum meets OpenAI CEO Sam Altman during his UAE visit
The Deputy PM and Minister of Finance discusses ways the UAE government could use ChatGPT and develop AI-driven solutions Sheikh Maktoum meets OpenAI CEO Sam Altman during his UAE visit Artificial …
Aafaq Islamic Finance taps Mastercard to boost credit, prepaid & commercial SME offerings
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
UAE Central Bank cancels registration of two insurance companies
The UAE Central Bank has cancelled the registrations of two insurance companies, Seagull Insurance Services and Al Shorafa Insurance Services. The names of the two insurers were struck off the broker …
UAE Central Bank cancels registrations of two insurance brokers
The CBUAE, through its supervisory and regulatory mandates, works to ensure that all insurance companies comply with the relevant laws …
‘I don’t want to be sued’: OpenAI CEO Sam Altman rules out IPO plans due to ‘strange’ company structure
Altman made this statement during a conference in Abu Dhabi, where he emphasised the potential decision-making challenges that could arise when superintelligence is achieved …
Dubai ruler highlights importance of partnerships with private sector
Sheikh Mohammed also emphasised the role of the national workforce in advancing the emirate’s progress and prosperity …
Dubai logs over AED1.8 bn in realty transactions Tuesday
Dubai’s real estate market recorded 644 sales transactions worth AED1.63 billion on Tuesday, in addition to 87 mortgage deals totalling AED156.2 million, and 14 gift deals amounting to AED25.98 …
OpenAI CEO has no IPO plan due to ‘strange’ company structure
Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time soon, Chief Executive Sam Altman said at a conference in Abu Dhabi. “When we develop super intelligence, we are …
Dubai Chamber of Digital Economy attracts 30 startups in Q1 2023
Dubai Chamber is supporting the emirate’s digital transformation while cementing its status as the global digital economy hub.
Rankawat to head FII Dubai Chapter
Hitender Mehta, chairperson international affairs and free trade zone committee FII and Atul Gupta, chairperson GST committee & investment cell were also part of the selection committee for FII – …
Hong Kong to allow lenders from Qatar, UAE to advise on local banking sector in a boost to financial ties with Middle East
Hong Kong is set to allow banks from Qatar, the UAE and Liechtenstein to advise on industry issues in the city, a step that will enhance collaboration especially between Hong Kong and the Middle East.
High road to Dubai COP28: Climate finance will be key at Bonn Climate Conference
Success in climate negotiations this year hinges on adequate financial commitments from the Global North towards the South.
Techs in the city: Dubai welcomes 30 digital start-ups, targets 300
During the first three months of this year, Dubai Chamber of Digital Economy successfully cooperated with relevant government entities to attract 30 start-ups with strong potential in the technology …