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FAB Posts Dhs17.1bn Net Profit for 2024
First Abu Dhabi Bank has announced a net profit of Dhs17.1 billion for 2024, demonstrating solid financial performance despite ongoing economic challenges. The UAE’s largest lender in terms of assets reported an increase in its year-on-year profits, signalling strong resilience in its core operations and strategic initiatives.FAB's total operating
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AI-driven Deal Platform Claira Secures $7 Million Seed Backing
Claira, a New York–based deal intelligence platform, has closed a $7 million seed funding round co-led by Barclays and Citi, alongside Reimagine Tech Ventures. Additional backing came from Activant Capital, KDX and OPCO Ventures.Claira’s platform integrates domain-native artificial intelligence directly into
Mohamed Salah fuels speculation over Liverpool exit
Mohamed Salah has sparked intense speculation about his future at Liverpool following his remarks after Liverpool's emphatic 3-0 victory over Manchester United at Old Trafford on Sunday. Salah's performance was pivotal, scoring one goal and assisting two others, but it
Malaysia’s Social Media Licensing Plan Faces Tech Industry Scrutiny
Malaysia’s technology sector is grappling with significant challenges as the government pushes for stricter social media regulations. The new initiative, which mandates licensing for social media platforms, has sparked controversy and raised concerns among tech companies about potential impacts on
