British companies are spending less on AI and seeing weaker returns than global leaders, with PwC warning the next 12 months are critical for UK firms to close the gap. Read more: UK firms risk being left behind as AI adoption gap widens, warns PwC
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In the enterprise race, OpenAI faces competition from rivals such as Anthropic and giants like Google that are selling AI capabilities to enterprises The post OpenAI tops $25 billion in annualised revenue appeared first on Gulf Business.
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Property sales up by 16% to AED 80.4 billion (US$ 21.9 billion); Net Profit before tax increased by 36% to AED 25.7 billion (US$ 7 billion) Revenue increased by 40% to AED 49.6 billion (US$ 13.5 billion) EBITDA increased by 33% to AED 25.6 billion (US$ 7 billion) Revenue Backlog increased by 39% to AED 155 billion (US$ 42.1 billion) Dubai, United Arab Emirates – 12 February 2026: Emaar Properties PJSC (DFM: EMAAR) reported a solid financial and operational performance for the full year 2025, supported by sustained demand across its core businesses. Emaar’s diversified portfolio and strategic focus on quality, customer experienc
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Annual Revenue Reaches a Record USD 61.9 Billion, as HS and VS Extend Decade-Long Growth News Summary: LG Electronics achieved its highest-ever annual revenue for the second consecutive year. HS and VS recorded growth for the tenth consecutive year since 2015, despite U.S. tariff-related pressures and a slowdown in the electric vehicle market. Operating profit declined year-on-year, reflecting increased marketing expenditures for display-based products and one-off costs related to organizational optimization. Strategic growth areas – including B2B segments, non-hardware businesses and D2C models – continued to expand, with c
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Dubai, December 17, 2025: Zoho Corporation, a leading global technology company, today announced the launch of Zoho Billing Enterprise Edition, an advanced billing solution for large enterprises, and Zoho Spend, an industry-first spend management solution that includes payroll. The two new solutions help finance teams in the UAE and wider region monetise with modern revenue strategies, improve spend controls, streamline procurement, and gain end-to-end financial visibility. These new offerings are designed to support the UAE’s rapidly growing digital economy and meet the high complexity needs of large businesses operating across the Emirates.
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