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BUSINESS

BUSINESS latest

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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Al Bawaba
October 24th, 2013 - 11:15 GMT

ASDA’A Burson-Marsteller collects a record nine awards at the prestigious International Business Awards

Rocket Internet sees the app being connected to 60,000 to 70,000 cars in Saudi Arabia, and “tens of thousands” in the UAE.
October 24th, 2013 - 11:04 GMT

Taxi-ordering app raises largest investment in Middle East's mobile applications history

Al Bawaba
October 24th, 2013 - 10:47 GMT

Pirelli launches the Prepaid Visa Card campaign in GCC

Downtown Dubai by Emaar Properties
October 24th, 2013 - 10:47 GMT

Emaar Properties records net profit of AED 1.812 billion (US$ 493 million) in first nine months of 2013

"Considerable potential exists for expansion of the Islamic finance industry worldwide, although appropriate legal and regulatory structures are crucial for its development in individual countries."
October 24th, 2013 - 09:49 GMT

Islamic finance goes global: assets to top $2 trillion in 2014

The cost of capital projects that need to be implemented to integrate Syrian refugees for a three- to five-year stay is estimated at around $870 million.
October 24th, 2013 - 09:34 GMT

Pricing humanitarianism: Syrian refugees scapegoated for Jordan's economic troubles

The eHosting DataFort team with the award
October 24th, 2013 - 07:49 GMT

eHosting DataFort ends GITEX Technology week 2013 on high note

First Gulf Bank receives Certification Service Provider license from UAE
October 24th, 2013 - 07:46 GMT

First Gulf Bank receives Certification Service Provider license from UAE TRA at Gitex Technology Week 2013

Dr. Usman Zafar, Country Manager, ]init[
October 24th, 2013 - 07:41 GMT

]init[ showcases smart government best practices at Gitex Technology Week

American University of Cairo
October 24th, 2013 - 04:50 GMT

AUC faculty win international translation award

Greg Young, Nawras new CEO
October 24th, 2013 - 04:42 GMT

Nawras welcomes new CEO

Al Bawaba
October 24th, 2013 - 04:36 GMT

Emirates to fly 70 million passengers in 2020

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