AI fuels MENA venture capital recovery as funding hits record $3.8 billion
MENA venture capital surged to a record $3.8B in 2025, with AI startups raising $858M. The UAE and Saudi Arabia led the charge, backed...
Business
JPMorgan, Morgan Stanley, Ropes & Gray lead retail M&A advisory rankings in 2025: GlobalData
JPMorgan topped retail M&A advisers by value in 2025 with $44.5 billion in deals, while Morgan Stanley led by volume and Ropes & Gray...
FinTech, AI, and enterprise software drive MENA’s venture capital boom
Venture capital in MENA surged 74% YoY to over $3 billion, defying global slowdown trends. Saudi Arabia and the UAE led deal activity, while...
TikTok finalizes majority US-owned joint venture ahead of Trump deadline
TikTok has finalized its majority US-owned USDS joint venture, securing data and algorithms while keeping the platform open to 200 million US users and...
OpenAI introduces ads to ChatGPT to boost revenue
OpenAI to test ads in ChatGPT as it aims to diversify revenue, support AI infrastructure costs, and expand access to features like messaging, image...
Bank of America Q4 profit jumps 18% as interest income and trading surge
Bank of America beat fourth-quarter estimates as net income rose 18% year on year to $7.6 billion, driven by record net interest income and...
Apple claims 20% market share, pulling ahead of Samsung and Xiaomi in 2025 smartphone race
Apple, Samsung, and Xiaomi dominated the global smartphone market in 2025 as shipments grew 2% year-on-year.
Meta signs nuclear power deals to supply 6.6 GW for AI data centers by 2035
Meta Platforms has signed long-term nuclear power agreements that could deliver up to 6.6 GW of electricity by 2035 to support its AI data...
From 4K gaming to self-driving cars: NVIDIA unveils next-gen AI tech at CES
NVIDIA unveiled major CES 2026 updates, including DLSS 4.5 for ultra-smooth 4K gaming with 6X frame generation, Alpamayo AI for self-driving cars, and the...
Taiwan iPhone maker Foxconn posts a 22% jump in Q4 revenue on surging AI hardware demand
Foxconn posted record fourth-quarter revenue of $82.7 billion, driven by surging demand for AI servers, as the key Apple and Nvidia supplier capped a...
NVIDIA and telecom operators deploy distributed AI grids for ultra-fast services 
Oscars 2026: From ‘Sinners’ to ‘One battle after another,’ here are the night’s big winners 
Faster pickups, lower costs: IKEA China rolls out self-driving vehicles to boost efficiency, cut delays 
From code to car: BMW brings humanoid robots into German production lines