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Warren Buffett praises Apple after trimming positions — and is a bit freaked out about AI
Oracle of Omaha tells shareholders that AI is akin to letting the nuclear “genie” out of the bottle
Adia will buy 1 mn shares in Saudi Fakeeh Care’s IPO + Dubai saw 5k new residential units added in 1Q 2024
Good morning, friends, and happy FRIDAY. We close out the week with a relatively quick read, with important updates on…
UAE expats are among the most “satisfied” in the world
Satisfaction levels among expats in the UAE are the highest across 12 popular expat destinations at 90%, according to US-based…
Spinneys IPO could raise as much as AED 1.38 bn
Spinneys set its indicative price range at AED 1.42-1.53 per share
Adnic completes acquisition of majority stake in Riyadh-based Allianz SF
The acquisition sees Adnic establishing a footprint in the KSA ins. market
Spinneys plans May DFM debut, KSA expansion this year
The supermarket chain plans to list its shares on the DFM on 9 May
The UAE eyes mining to curb the economy’s reliance on fossil fuels
This comes as part of GCC nations’ quest to diversify their economies
Taqa forms JV to develop Saudi industrial plant
The plant will be located in Jubail and will supply power and steam to the Amiral petrochemical complex
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