DMCC launches Uptown Dubai twin office towers
Dubai: Dubai Multi Commodities Centre (DMCC) announced the launch of new commercial towers in Uptown Dubai, adding more than 560,000 square feet of luxury office space as demand from finance and technology firms gathers pace.The twin developments — One Uptown Place and Two Uptown Place — will take the district’s total commercial office space beyond 1 million square feet. Leasing is expected to open in the second half of 2026, with completion scheduled for the first quarter of 2028.Sign up for ou...
Mediclinic City Hospital reinforces leadership in robotic-assisted surgery
Mediclinic City Hospital continues to strengthen its position in robotic-assisted surgery, combining advanced surgical expertise, ongoing innovation and a strong focus on patient education. As part of its commitment to increasing awareness of surgical innovation, the hospital hosted a display of robotic surgical system, giving patients the opportunity to engage with the technology and better understand how robotic-assisted surgery supports modern, minimally invasive care.With the highest number...
UAE jobs: 56% of employers plan to expand their workforce, says new report
The UAE has ranked first globally in hiring intent for 2026, with 56 per cent of employers planning to expand their workforce, new data from human capital firm Taaeen Group shows.Across the Gulf, more than five million private sector jobs are expected to be created by 2030, driven by growth in technology, artificial intelligence, healthcare, and energy.The figures come as Gulf governments accelerate economic diversification, with the UAE and Saudi Arabia investing heavily in smart cities, clean...
Microsoft must face $2.8 billion UK lawsuit over cloud computing licences
Science & TechnologyMicrosoft must face $2.8 billion UK lawsuit over cloud computing licencesBy Reuters -Apr 22, 2026LONDON: Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon, Google and Alibaba, a London tribunal ruled on Tuesday. Competition lawyer Maria Luisa Stasi is bringing the case on behalf of nearly 60,000 businesses that run Windows Server on rival cloud platform...
FASCANO closes $10 million round to enhance F&B operations across the region
Oman-based foodtech FASCANO has closed its third investment round at $10 million. The round included participation from His Highness Sayyid Dr. Kamel bin Fahd Al Said and Cyfr Capital, in partnership with the Future Fund Oman under the Oman Investment Authority. Founded in 2021 by Ahmed Al Kharusi and Murak Al Muairki, FASCANO provides operational and technology solutions for the hospitality and food & beverage sector, focusing on improving efficiency and streamlining processes. Th...
Saudi IT Firm to Press Ahead with IPO Despite War Uncertainty
Saudi Arabian information technology services firm Dar Al Balad Business Solutions Co. is pressing ahead with plans to list on the kingdom’s stock exchange despite the disruptions caused by the regional conflict.
German central bank chief calls for wide access to Anthropic’s Mythos
Anthropic has rolled out a preview of Mythos to a select number of companies and some organisations that build or maintain critical software infrastructure, prompting calls for wider access to the technology.
Jeff Bezos’s wife Lauren Sanchez is giving away $10 billion for husband’s climate pledge
Jeff Bezos's $10 billion Earth Fund, co-led by Lauren Sanchez Bezos, is accelerating its mission to combat climate change and biodiversity loss by 2030. With billions still to allocate, the fund is backing a diverse portfolio including nature protection, sustainable agriculture, and climate technology, aiming for measurable global impact.
Premium for mainland China shares erodes – or flips – as capital flows to Hong Kong
A long-standing pricing gap between the mainland China-listed and Hong Kong shares of dual-listed companies has narrowed – and in some cases reversed – as global investors re-rate China’s technology companies. The Hang Seng AH Premium Index, a widely watched gauge of the valuation gap between dual-listed companies’ A shares trading on mainland exchanges and their H shares in Hong Kong, has remained below 120 in recent sessions, down sharply from a high of 157.89 in February 2024. The shift has.....
CIC, NBIM, BlackRock Said to Invest in Victory Giant Listing
Victory Giant Technology Huizhou Co. has attracted Chinese and global investors including China Investment Corp. and Norges Bank Investment Management, the world’s largest sovereign fund, to its $2.6 billion share sale, according to people familiar with the matter.
Emerging-Market Assets Eye Record Close as Iran Talks Loom
Emerging-market stocks climbed toward a record high, lifted by technology shares, as investors weighed whether Iran will join talks that could extend a Middle East truce and help restore energy flows.
DIFC targets 25,000 jobs in bid to become world’s first AI-native financial centre
Dubai: Dubai International Financial Centre said it will become the world’s first AI-native financial centre, embedding artificial intelligence at a foundational level across its legal frameworks, business environment, talent development and infrastructure.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The initiative aims to position DIFC as a global model for AI adoption in the financial industry, with the centre integrating the technology into its ecosystem...
iCAUR to convene global partners at 2026 International Business Summit in China
iCAUR, the Middle East’s most trend-forward new-generation SUV brand, will host its 2026 International Business Summit this April, bringing together a select group of global partners, media, and creators for an invitation-only programme focused on immersive mobility experiences.Rather than following a conventional event structure centred on presentations, the summit has been designed as a continuous, curated journey that connects product, technology, and lifestyle through real-world environments...
IMF adds 11 new conditions
The International Monetary Fund (IMF) has loaded the $7 billion bailout package with nearly a dozen more conditions, including approval of the new budget by the National Assembly in line with the fund's agreement and amending laws governing special economic and technology zones. The government has committed that parliament would approve the fiscal year 2026-27 budget in line with the IMF staff agreement. This is the second time the government has accepted such a condition under the current...
BNP Paribas’ Bigos: Growth Drivers vs. Volatility
Ecaterina Bigos, CIO for Core Investments Asia ex-Japan at BNP Paribas Asset Management, discussed the current market environment characterized by volatility and geopolitical uncertainty, they largely assume oil prices will stabilize between $80 and $90 by mid-summer, emphasized the 'structural advantage' seen in sectors benefiting from long-term growth drivers, particularly technology supported by AI-related capital expenditure, which has experienced notable rerating and is expected to sustain...
Stock market today: Which are the top gainers and losers in Nifty50 and BSE Sensex?
The Indian stock market saw mixed movements today, with the BSE and NSE experiencing gains and losses across various sectors. Trent and SBI emerged as top gainers on both exchanges, while companies like Titan and Axis Bank faced declines. Technology and banking stocks showed a general downward trend.
Israeli Stock Valuations Soar as Investors Bet on Post-War Gains
Israeli stocks are breaking out of a valuation range they were stuck in for almost two decades, with investors paying record multiples to own them on bets the country is poised for a post-war technology-led economic boom.
New firms with up to HK$100 billion market capitalisation to set up shop in Hong Kong
Hong Kong is set to announce on Monday a new batch of “strategic enterprises” establishing a presence in the city, including several firms with market capitalisations of up to HK$100 billion (US$12.8 billion), the finance chief has revealed. Writing in his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po said the new partners were in high-growth sectors, including life and health technology, the low-altitude economy, artificial intelligence (AI), new energy materials and...
How do you measure an AI boom?
Today’s artificial intelligence boom is awash in data showing the rapid progress of AI systems, and hype-filled claims about what the technology can and can’t do.
Bloomberg This Weekend 4/18/2026
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by The Associated Press International Correspondent Philip Crowther, Ulta Chief Technology & Information Officer Mike Maresca, Sephora Senior VP & General Manager Nadine Graham, e.l.f. Beauty Chief Technology & AI Officer Ekta Chopra, Estee Lauder Chief Technology Data & Analytics Officer Brian Franz,...