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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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Thomson Reuters and ICD announce the joint development of the Islamic Finance Development Indicator. Ahmad Mohamed Ali, president of the IDB Group, center, looks on.
May 23rd, 2013 - 05:00 GMT

Development Bank increases capital three folds to $150 billion

DAMAC Properties
May 23rd, 2013 - 04:55 GMT

DAMAC Properties launches ‘Bay’s Edge’ in Burj Area

Passport to Passion
May 23rd, 2013 - 04:52 GMT

Passport to Passion challenge to deliver action-packed finale

During the event
May 23rd, 2013 - 04:46 GMT

PepsiCo elevates Women’s Empowerment discussion in the Middle East

Those who want to take the gold iPad home with them will be able to buy them from the hotel’s boutique
May 23rd, 2013 - 04:00 GMT

Dubai bling culture reaches 24-carat iPads

The aircraft will be operated on long haul routes
May 23rd, 2013 - 04:00 GMT

Oman Air boosts fleet with three new A330-300

Newsweek.com will be entirely free to begin with, but there are plans to introduce a metered pay wall.
May 23rd, 2013 - 04:00 GMT

Newsweek punctuates 80 years of print with digital transformation

The bus depot will redefine the bus service sector in Abu Dhabi
May 23rd, 2013 - 04:00 GMT

$47 million bus terminal coming to Abu Dhabi

Chevron is the second largest oil company in US
May 22nd, 2013 - 12:23 GMT

Chevron to sell downstream assets in Egypt, Pakistan

Street vendor distributing bread in Egypt
May 22nd, 2013 - 12:08 GMT

Egypt Central Bank to auction $800 million forex, again

U.S. Secretary of State John Kerry speaks at the State Department (Photo by Alex Wong/Getty Images)
May 22nd, 2013 - 12:00 GMT

US, Oman to sign $2.1 billion defence deal

Air Arabia
May 22nd, 2013 - 11:40 GMT

Air Arabia takes off to Abha, Saudi Arabia

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