Forbes Middle East
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Anthropic said its advanced AI models successfully hacked the systems of three organizations while undergoing internal evaluation.
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A proposal to sell a stake in FIFA to manage operations of its main events, including the men’s and women’s World Cups, has UEFA threatening a boycott and the potential to raise tricky tax questions.
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EMSTEEL's net profit for the second quarter of 2026 rose by 157% year on year to $71.3 million, supported by growth across its steel and cement divisions.
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A proposal to sell a stake in FIFA to manage operations of its main events, including the men’s and women’s World Cups, has UEFA threatening a boycott and the potential to raise tricky tax questions.
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Even before it gets approval for its sleep apnea pill, Apnimed is testing investor appetite.
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The IMF completed two reviews of its lending programs for Egypt, unlocking about $1.8B in financing as the country continues its economic reform program.
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President Donald Trump’s net approval rating hit a new second-term low of -20.6 in Nate Silver’s poll tracker as views of his handling of the Iran conflict worsen.
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Trump Media & Technology Group shares jumped over 5% on Thursday, continuing a week-long rally from an all-time low the company reached in June.
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Thousands of Moroccan migrants crossed a Spanish border into the tiny territory of Ceuta, overwhelming local leaders who have asked Spain to declare a state of emergency.
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Sam Altman built his fortune through investments rather than OpenAI. After dropping out of Stanford University in 2005, he founded Loopt, which was sold for $43 million in 2012, and used the proceeds to launch his own venture fund. Today, despite leading OpenAI, he owns no equity in the company. Instead, his $3.3 billion fortune, according to Forbes as of July 30, 2026, comes from investments in companies such as Stripe, Reddit, and Helion.
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Saudi Arabia’s budget deficit widened to $42.9 billion in the first half of 2026 as surging government spending outpaced a rise in revenue.
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Mark Zuckerberg’s net worth declined by nearly $18 billion as Meta’s stock paced an 11-day losing streak, with Wall Street souring on the Facebook parent’s plans to accelerate spending on AI.
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#US stocks rebounded as Microsoft and chipmakers rallied on strong earnings, while Meta’s sharp decline renewed investor scrutiny over whether massive AI spending can deliver sustainable returns.
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The 55 European member associations within UEFA voted unanimously to boycott FIFA, preparing to take drastic action if it moves forward with plans to sell minority stakes in its World Cup tournament.
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A key component supplier to global AI infrastructure faces tepid sentiment as investors increasingly question whether massive spending is justified.
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Six Trump-linked companies have denied they have any involvement in the agreement that appears to give President Donald Trump and his affiliates broad legal immunity.
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With streaming services entering the marketplace for shows, the lines between podcaster, TV host, and internet creator have never been blurrier—and the paydays have never been bigger.
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Global insurers posted strong premium growth and improved profitability in 2025, but the gains are largely cyclical and mask deeper structural challenges facing the industry, Bain & Company said.
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NMDC Group reported a 6% year-on-year increase in first-half revenue to $3.8 billion, driven by new project awards that expanded its backlog.
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The Federal Reserve’s go-to inflation metric fell from a nearly three-year high in June as economic growth was slower than expected in the latest quarter.
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