du Launches $50 Million Venture Fund to Back AI and Digital Startups in the UAE
The fund is designed to help accelerate innovation while strengthening the UAE’s position as a regional hub for technology and entrepreneurship.
Follow company news with corporate strategy, leadership moves, deals, and competitive positioning.
SpaceX Targets $75 Billion IPO in Bid to Become the Largest Public Offering in History
The transaction would more than double the size of the current record-holder, Saudi Aramco, which raised $29.4 billion during its landmark 2019
SpaceX Targets $26.5 Trillion AI Market Ahead of Historic IPO Push
SpaceX estimates its broader business opportunities at roughly $28.5 trillion, with artificial intelligence representing the overwhelming majority
Shell Posts $6.9 Billion Q1 Profit as Middle East Conflict Hits LNG Output and Distorts Cash Flow
Shell Q1 2026 profit rose to $6.9B, but cash flow dropped due to Middle East conflict, impacting LNG output and raising net debt.
Emirates Group Posts Record $6.6 Billion Profit - World's Most Profitable Airline Despite War Disruption
Emirates Group posted a record $6.6B profit in 2025-26, remaining the world's most profitable airline despite Gulf war disruptions.
Emirates Restores 96% of Global Network, Reaffirming Dubai's Role as International Aviation Hub
Emirates has restored 96% of its network, reinforcing Dubai's key role as a global aviation hub after recent disruptions.
Apple Posts $111.2 Billion March Quarter Revenue, EPS Rises 22% as Services Hit Record High
Apple's Q2 2026 revenue hit $111.2B (+17%), EPS rose 22%, with record services revenue and broad growth across all regions and products.
China's Fighter Jet Giant Posts Record Profits After Combat Debut in India-Pakistan Clash
China's AVIC Chengdu posts record profits after J-10 jets' combat debut, boosting global arms sales and shifting defense market dynamics.
Is OpenAI's $1 Trillion IPO Built on a Financial House of Cards?
OpenAI missed growth targets, faces leadership rifts, and risks from huge spending ahead of its $1T IPO, raising investor concerns.
Tesla Bets $28 Billion on an AI, Robotics, and Chip Manufacturing Empire
Tesla will invest $28B in 2026 to expand AI, robotics, and chipmaking, signaling a shift from EVs to tech infrastructure.
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