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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
February 1st, 2015 - 11:19 GMT

VIVA announces Net Profits of KD 40.3 million in 2014

Al Bawaba
February 1st, 2015 - 11:05 GMT

Privatization momentum: Iran has divested $1 billion worth of state shares in the last 10 months

Al Bawaba
February 1st, 2015 - 09:18 GMT

Noor Bank Partners with SriLankan Airlines to offer New MasterCard Credit Card

The turmoil has left unemployment very high in both areas, 19 percent in the West Bank and 41 percent in Gaza.
February 1st, 2015 - 08:55 GMT

War on Gaza pushed Palestinian economy into recession, says IMF

Al Bawaba
February 1st, 2015 - 08:39 GMT

ETIHAD AIRWAYS INTRODUCES THE BOEING 787-9 INTO COMMERCIAL SERVICE

Al Bawaba
February 1st, 2015 - 07:55 GMT

Betting on market share: OPEC countries remain adamant about high production

Al Bawaba
February 1st, 2015 - 07:55 GMT

Why plunging oil prices are both good news and bad news for the Jordanian economy

Al Bawaba
February 1st, 2015 - 07:45 GMT

AXA Joins Dubai Trade’s Tradeshield e-Insurance Platform

Al Bawaba
February 1st, 2015 - 07:32 GMT

Cisco Annual Security Report Exposes Widening Gulf between Perception and Reality of Cyber Threats

Students of higher education, both in the Kingdom and abroad, will also receive two bonus stipends as will social security beneficiaries and the disabled.
February 1st, 2015 - 06:55 GMT

King Salman celebrates new throne with two month bonus salaries to all govt employees

Salman’s announcement on Thursday suggested the government remained willing to spend heavily despite the hit to its oil revenues from low prices.
February 1st, 2015 - 06:45 GMT

King Salman and the nanny state: how the Saudi economy is about to sustain itself on 'freebies'

Regulators and officials at the meeting will have to juggle political sensitivities and arguments over the budgets of cash-squeezed airlines.
February 1st, 2015 - 05:55 GMT

After a very deadly 2014, aviation leaders seek new safety mandate

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