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Banking & Finance
OpenAI’s revenue soars past $1.3 bn annually
Potential valuation jump to $90 bn on the horizon
Economy
IMF concludes meetings with no agreement on funding plan
China’s opposition to US-backed plan ends in absence of agreement of funding plan
Economy
Over 50 percent of investors eager to take part in IPOs — survey
GCC sees strong performance in terms of public offerings
Sustainability
UAE gathers experts to intensify sustainability initiatives
Leads efforts to build smarter cities
Hospitality & Tourism
All-business class airline to commence flights to Riyadh
Dubai-based luxury airline’s inaugural aircraft recently arrived at DWC
Miscellaneous
The Grand Tourer for all occasions
The McLaren GT combines the best of supercar performance with the upmost luxury
Economy
Central banks keep interest rate tool in their arsenal as inflation fears linger
Central banks seem to be engaged in a race to increase interest rates
Banking & Finance
Islamic banking assets to hit $5 trillion by 2025, data reveals
Sector is known for promoting responsible financing
Sustainability
Huawei’s Aito gets 500,000+ orders for M7 luxury EV since relaunch
Huawei's consumer appeal drives success in China's EV market
Economy
IMF warns sovereign debt will soon exceed 100 percent threshold
Regional Economic Outlook Report to be released today amid expectations of further growth reduction
Technology
Metaverse poised for potential $900 bn market growth by 2030
Yet gradual scaling anticipated
Economy
IMF: Global economy not knocked out, yet challenged
Fund highlighted several factors that are impeding stronger economic growth
Energy
OPEC forecasts global oil demand to reach 116 mn bpd by 2045
Massive investment of $14 trn needed to meet demand surge
Technology
ChatGPT surpasses Netflix, ranks ninth among top ten websites by visits
The smart chatbot is reshaping the digital landscape with AI innovation
Economy
Amid economic instability, gold shines as a safe haven
Global demand for bars and coins increased by 6 percent in Q2
Miscellaneous
Formula E’s global fanbase grew 17 percent to a record of 344 mn this year
Overtaking NASCAR to become the fourth-largest motorsport by fandom
Markets
Global bond market in state of turmoil amid lingering monetary tightening
30-Year U.S. Treasury Bond yields reached 5 percent, first time since 2007
Economy
IMF warns of food security threat from fragmented commodity markets
Slower growth forecast for low-income countries at an average of 1.2 percent
Markets
Technical analysis of PEP, TSM stocks
Both PEP and TSM saw their stock price decline in the third quarter of 2023
Technology
Meta Connect 2023: Quest 3, AI, smart glasses but at what prices?
Starting at $500, Quest 3 is available for shipping from October 10
Economy
IMF: A 6 percent rise in female labor force participation boosts GDP 8 percent
EU gender equality brings10.5 million jobs in 2050
Energy
Oil prices soar by 3 percent amid declining U.S. crude stocks
Analysts project oil to break the $100 barrier
Economy
FED’s message slams U.S. financial markets
10-year bond yield reaches level not seen in more than 15 years
Technology
ChatGPT-Plus can read images, hear your voice and answer back
Humankind on the hunt for Artificial General Intelligence (AGI)
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