Oracle Embraces AI While Workforce Declines by About 21,000 Employees
In fiscal 2026, Oracle’s overall employment fell by 13%, or over 21,000 workers, as the cloud computing behemoth continued to...
The Rise of Structured Credit: How GCC Demand for Growth Capital Soared to $4.1 Billion
The GCC region’s startup finance ecosystem is increasingly relying on private debt. The area is developing a unique model where...
The Rise of Billionaire Cities: Where Global Wealth Is Concentrated in 2026
Global wealth is becoming increasingly concentrated in a limited number of global cities, where finance, technology, real estate, and...
Saudi Visa Liberalization Driving Tourism Growth, Economist Highlights
JEDDAH: According to an economist, additional visa liberalization, such as lowering fees and increasing access to e-visas, might help Saudi...
Mining and Manufacturing Sectors Fuel 5.1% Increase in Saudi Arabia’s Industrial Production
RIYADH: Official data indicate that Saudi Arabia’s Industrial Production Index increased by 5.1 percent in 2025 compared with the...
Relatives Report Death of High School Student in Israeli Strike on Gaza
A teenage girl was slain by an Israeli strike in Gaza City on Monday as she walked to her high school to take an exam, according to...
Kunal Shah to Lead WhatsApp for Meta: Opportunities, Challenges, and Expectations
Kunal Shah, an Indian entrepreneur, will assume responsibility for WhatsApp as part of a significant leadership transition at Meta...
Saudi Arabia’s Economic Diversification Gains Momentum with 10.6% Revenue Growth
RIYADH: According to official data, Saudi Arabia’s Operating Revenue Index increased 10.6% in April compared to the same month last...
Why Luigi Mangione’s Lawyers Dropped the Psychiatric Defense Strategy
NEW YORK: Luigi Mangione’s attorneys shockingly informed a judge on Thursday that he will no longer raise a mental defense in his...
UAE, UK, Australia and Beyond: How Governments Are Regulating Social Media for Kids
In December, Australia became the first nation in the world to prohibit children under the age of sixteen from using social media,...
