Stripe to buy PayPal in a $53B offer signals a new era in global payments
Stripe to buy PayPal in a $53B offer now sits at the center of global payments. Payment processing firm Stripe and Advent International submitted the bid to PayPal earlier this month. They offered $60.50 per share for PayPal Holdings, a company facing real market pressure. The offer price sits about 28% above PayPal’s closing share […]
$49 billion AI fund by Abu Dhabi’s MGX closes above its $45 billion target
$49 billion AI fund by Abu Dhabi’s MGX closed this week above its original target. The firm set out to raise $45 billion and finished the round with $49 billion. Investors from the Gulf, North America, Asia, and Europe supplied the new pool of capital. MGX said the fund gives backers exposure across the whole […]
ADNOC in a $1 billion deal to acquire Shell Downstream South Africa network
ADNOC will take over Shell’s downstream network across South Africa. The Abu Dhabi fuel retailer signed the agreement on Tuesday with Shell South Africa Holdings. This now sees the biggest overseas purchase in the company’s history to this point. ADNOC Distribution values the assets at an implied enterprise figure of about $1 billion today. This […]
AI-Generated Music Startup Suno Battles Labels As Millions Create Songs
AI-generated music startup Suno now reaches more than 100 million people who make songs online. The Cambridge company lets users type short prompts and receive full songs within seconds. CEO Mikey Shulman built Suno to change how ordinary people interact with music daily. His platform turns simple text ideas into finished tracks with real vocals […]
Base44 launches its own AI model to cut costs and challenge frontier rivals
Base44 launches its own AI model to give users faster app building at lower cost. The Tel Aviv company built this model after Wix bought it for 80 million dollars. Base44 was barely six months old then, with a small team of eight people. You now see the platform roll out Base1 across its main […]
Abu Dhabi Fund for Development strategic investments reach AED562 million
Abu Dhabi Fund for Development’s strategic investments reached AED562 million across six high-impact projects in 2025. These investments support healthcare, education, food security, and economic development across several emerging markets. The fund spread its capital across India, Vietnam, Indonesia, and Uzbekistan during the year. You can see how these projects target essential services in underserved […]
HSBC issued an AI adoption in investing report on UAE wealth trends 2026
HSBC issued an AI adoption in investing report showing how UAE investors now use these tools. Your money decisions sit at the center of this fast-moving shift across the country. Researchers surveyed 9,993 wealthy people across ten markets, including 703 investors based in the UAE. The numbers place UAE AI adoption right at the top, […]
Superhuman to acquire GPTZero, growing its full AI authenticity platform
Superhuman to acquire GPTZero is the headline shaking the AI detection startup world today. The productivity company, formerly known as Grammarly, confirmed this major deal earlier this week. GPTZero ranks among the most widely used tools for spotting machine-written text across the internet. Soon, you will find these detection tools inside Superhuman Go, the company’s […]
UAE opens T-Sukuk subscription for first retail issuance at Dh1,000 minimum
T-Sukuk subscription opened this week, giving UAE residents direct access to a sovereign investment. The UAE Ministry of Finance announced the offering on Tuesday with full pricing details. Citizens and residents can now invest in the country’s first government-backed retail sukuk programme. The total issuance size reaches Dh50 million, equal to roughly 13.61 million US […]
Dubizzle Group has announced a new investment in UAE rent rewards platform
Dubizzle Group has announced a new investment in Tern, a UAE rental rewards platform. The deal lets tenants pay rent by credit card and collect useful reward points. Tern points work across a broad network of retail, travel and lifestyle merchant partners. You gain more flexibility on one of your largest recurring household expenses each […]
5 Money Rules That Will Change Your Life
Maybe you’re doing “okay,” but you don’t feel confident about the future, and you don’t know the best place to invest your money. Or maybe you want to know what really works to save money, make more money, invest money, and how to stop feeling like you’re behind. This episode will show you exactly what […]
Engine Repair Centre Developed in Al Ain to Lead Global MRO
The engine repair centre developed in Al Ain marks a defining moment for the UAE aviation sector. Sanad, backed by Mubadala Investment Company, announced an AED480 million commitment to build a new Repair Centre of Excellence. The facility targets a position among the top five engine overhaul providers across the global MRO industry. Your understanding […]