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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
September 12th, 2015 - 07:00 GMT

Finance ministry custodian notifies Egypt of gold robbery, arrested

A prospective buyer inspects replica Lockheed Martin rockets at the 2013 DSEI arms fair in London. (Creative Commons)
September 11th, 2015 - 02:27 GMT

Big guns out: Egypt, Saudi Arabia, UAE shop at London's arms fair

Al Bawaba
September 11th, 2015 - 07:00 GMT

Israel slams EU resolution to label settlement products

Al Bawaba
September 10th, 2015 - 06:12 GMT

Lebanon approves reopening Naameh landfill for one week

Al Bawaba
September 10th, 2015 - 05:51 GMT

UN relief agency's budget woes still not over

Saudi Arabia, Kuwait and the UAE are the top three investors committed to real estate options at a finance center in Istanbul. (AFP/File)
September 10th, 2015 - 02:38 GMT

Turkey’s new financial center seeks Gulf investors in real estate

Al Bawaba
September 10th, 2015 - 02:17 GMT

Egyptian tycoon Ahmed Ezz registers for parliamentary elections despite court ruling

An asylum seeker takes a selfie with German Chancellor Angela Merkel following her visit at a camp for asylum seekers in Berlin on Sept. 10, 2015. (AFP/Bernd Von Jutrczenkia)
September 10th, 2015 - 02:06 GMT

Germany to finance refugees without social welfare cuts, tax hikes

Al Bawaba
September 10th, 2015 - 01:55 GMT

Amazon stirs controversy by selling products designed with blood-splattered Israeli flag

Al Bawaba
September 10th, 2015 - 01:14 GMT

Seven must-haves for your desk

Al Bawaba
September 10th, 2015 - 11:53 GMT

Angola seeks stronger trade ties with Dubai businesses

Al Bawaba
September 10th, 2015 - 11:35 GMT

UAE, Lebanese banks set to profit from lifted sanctions on Iran: Moody's

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