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DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
UAE fintech Jingle Pay to launch in Pakistan as Bank Alfalah acquires 9.9% stake
Jingle Pay is set to launch its digital banking services in Pakistan after Pakistan's Bank Alfalah acquired 9.9% equity stake in the UAE-based fintech
Microsoft plans to invest $3 billion to expand AI and cloud infrastructure in India
Microsoft is making a bold move to accelerate India’s AI-driven growth, announcing a $3 billion investment in cloud and AI infrastructure over the next two years.
InDrive strengthens presence in Pakistan with investment in Krave Mart’s grocery delivery platform
Ride-hailing giant InDrive is making a bold foray into the e-commerce space with a strategic investment in Pakistan's rapidly growing grocery delivery platform, Krave Mart.
Honda and Nissan announce merger talks to create world’s third-largest global automaker
Honda and Nissan have entered into official talks to merge and create the world’s third-largest automaker.
Oman Investment Authority acquires stake in Elon Musk’s xAI
Oman Investment Authority (OIA) has acquired a stake in xAI, Elon Musk’s artificial intelligence company
Elon Musk becomes first person to reach $400 billion net worth
Elon Musk becomes the first person to reach a net worth of $400 billion
Apple announces expansion in Saudi Arabia, first retail stores opening in 2026
Apple has unveiled plans for expansion in Saudi Arabia. First Apple store locations starting in 2026.
Nvidia overtakes Apple and Microsoft to become world’s most valuable company
The chip maker Nvidia, at the center of the artificial intelligence boom, has surpassed Microsoft and Apple to…
Alef Education aims for $2.5 billion valuation in UAE’s first edtech IPO
Alef Education is seeking a valuation of up to $2.57 billion in the first-ever listing of an edtech firm in UAE