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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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Dubai Islamic Bank also contributed to the uptick, rising 5.5 percent to extend gains that started on Thursday when the lender posted a doubling of first-quarter net profit.
May 6th, 2014 - 11:21 GMT

Dubai bourse scores record gains over Emaar Properties' six year high

Zero-rate income taxes and high salaries attract young British professionals to the UAE (File photo)
May 6th, 2014 - 01:58 GMT

Dubai is top hotspot for British expat workers

Al Bawaba
May 6th, 2014 - 01:35 GMT

Sticky security situation but Lebanon is hopeful about summer tourists

Al Bawaba
May 6th, 2014 - 01:18 GMT

Financial incentives to say in work? Saudi Arabia is trying them out

Al Bawaba
May 6th, 2014 - 01:06 GMT

Why Wacker Chemie has a bigger presence in the Gulf

Beecell
May 6th, 2014 - 12:05 GMT

Beecell and BBC extend reach to Mauritania

Al Bawaba
May 6th, 2014 - 12:04 GMT

Oman's tourism industry to lead the Middle East in 2014

Al Bawaba
May 6th, 2014 - 11:42 GMT

Turkish Airlines and Citibank UAE announce frequent flyer programme partnership

Al Bawaba
May 6th, 2014 - 11:24 GMT

Emirates named ‘Best Airline Worldwide’ by business travellers

Al Bawaba
May 6th, 2014 - 11:16 GMT

It's back to the future! Dubai to launch high tech "podcars" within few years

Al Bawaba
May 6th, 2014 - 11:06 GMT

Sharjah Museums to promote cultural tourism with participation at Arabian Travel Market 2014

Al Bawaba
May 6th, 2014 - 10:52 GMT

Hospitality firm to expand hotels in GCC countries

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