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Sam Altman - OpenAI CEO
June 9th, 2026 - 09:15 GMT
P. Choiaqo

P. Choiaqo

OpenAI to go public

Albawaba - In what is shaping up to be one of the biggest company debuts; Sam Altman’s OpenAI has filed for an initial public offering (IPO) - marking a potential gigantic payday for early investors. OpenAI’s decision follows rival Anthropic's announcement to go public and SpaceX’s scheduled debut into the market on Friday; these three listings are suspected to be worth in the billions of dollars once debuting into the ...
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Bahrain's government was already taking risks despite the international financial crisis in response to fresh demands for new projects
April 4th, 2012 - 09:28 GMT

Bahrain’s budget deficit up 5-fold in 10 years

Both Abu Dhabi and Dubai plan to balance their fiscal budgets accounts in the medium term
April 4th, 2012 - 07:25 GMT

UAE Government to reduce spending

Employees were demanding that the company raise their basic salaries and cover healthcare insurance
April 4th, 2012 - 06:28 GMT

Jordanian electricity workers begin a strike

Korea Electric Power is keen to build on its success after it headed a consortium that won a $20.4 billion contract in 2009
April 3rd, 2012 - 11:42 GMT

Will the UAE become more Nuclear?

Networks require different hardware, meaning that Apple had to develop a separate device for each network
April 3rd, 2012 - 10:02 GMT

Apple refuses to refund money for iPad 3 buyers

Rising oil prices have helped underpin expansionary spending by many GCC states
April 3rd, 2012 - 08:56 GMT

Oil prices lift GCC but risks remain

In February, the central bank asked dealers to submit cheques to identify currency buyers
April 3rd, 2012 - 08:02 GMT

Central Bank of Iraq tightens rules on buying US dollars

The agreement will allow the two companies to share a global network of shipment operations
April 3rd, 2012 - 06:54 GMT

Agreement set to increase activity at Lebanon's Port

Egypt requested a $3.2 billion IMF loan earlier this year and the government has said it hopes to seal an agreement as soon as possible
April 2nd, 2012 - 04:03 GMT

IMF welcomes Egypt policy to reform economic issues

Lebanon's trade deficit reached $17 billion by the end of the year up $3.2 billion from $14 billion in 2010
April 2nd, 2012 - 01:16 GMT

Lebanon trade deficit increases by 23 pct in 2011

IATA forecast is $500 million less driven by a rise in the expected oil price: $115 per barrel, up from the previously forecast $99
April 1st, 2012 - 10:53 GMT

Rising oil prices hit airline profits

In the light of the Arab Spring, Lebanon lost over 350,000 tourists last year
April 1st, 2012 - 08:36 GMT

Lebanon injects life into its tourism

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