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In our October issue, we reveal the Middle East’s Sustainability Leaders 2026, the leaders turning sustainability into impact and shaping the region’s future. Don’t miss our exclusive feature stories.
For More Details: on.forbesmiddleeast.com/d909…
#AI platforms are increasingly turning to advertising to generate revenue and offset development costs, with 3,600 brands already testing campaigns on ChatGPT through Criteo.
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#Egypt's projected #IMF payments total $14.8B through 2046, including $10.7B in principal, as its current program nears its December 15 end.
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Grand Theft Auto VI' has reportedly reached $1B in sales, eight days before its November 19 release.
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The US dollar hit its highest since April 2025 as hot October inflation data and hawkish Fed comments lifted bets on a December rate hike to 87%.
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First Abu Dhabi Bank plans to raise up to $4.08B through a rights issue to fund its domestic and international expansion.
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Tech stocks rallied on Wednesday after CoreWeave shares surged more than 25% the morning after the artificial intelligence cloud computing provider reported better-than-expected earnings, adding billions to the fortunes of some of the world’s wealthiest people.
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Anthropic's Claude recorded about 1.3B web visits in October, up nearly 24% from September and a bigger jump than any of its closest AI rivals, as the company readies its IPO.
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#Anthropic is targeting a valuation of up to $1.4 trillion in its planned initial public offering (IPO), seeking to raise approximately $85 billion. Its seven co-founders, all former OpenAI employees who established the company in 2021, have a combined net worth of $95.4 billion, according to Forbes estimates. Their fortunes could rise further if the IPO is priced at the midpoint of its proposed $70–$78 per-share range. Collectively, they hold a single non-economic share that gives them control of 50.1% of shareholder votes.
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Palantir CEO Alex Karp is open to supporting Democrats in 2028, marking the latest technology executive and billionaire to signal support for the party after a "blue wave" in this year's midterm elections.
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Donald Trump has stiffed a lot of people over the years. His next, and largest, victim will probably be the US government.
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Gross assets held by banks operating in the #UAE climbed 4% QoQ to $1.6T in Q3, according to a central bank data.
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When billionaires split, their fortunes can be divided too. Nvidia CEO Jensen Huang has admitted to being unfaithful, sparking speculation about a potential divorce. With his $147 billion fortune at stake, California’s community property laws could entitle his wife, Lori Huang, to half, potentially worth at least $73 billion. From Jeff Bezos and MacKenzie Scott to Bill and Melinda Gates, here is a look at reported divorce settlements involving some of the world’s wealthiest individuals
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US lawmakers are urging a federal probe and calling for the resignation of Nvidia CEO Jensen Huang following revelations regarding his relationship with a technology executive alleged to have ties to Chinese intelligence.
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Tech stocks are rallying as CoreWeave’s better-than-expected revenue figures alleviate fears about massive AI spending after its heavy debt load spooked investors.
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Saudi Arabia led an OPEC+ oil output increase in October, with the group's output rising by nearly 2M bpd to 41.2M bpd, nearing pre-conflict levels.
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Egyptian government leaders take the stage for future-shaping conversations.
The Forbes Middle East Building the Future Summit – Egypt 2026, held under the patronage of H.E. Dr. Mostafa Madbouly, Prime Minister of the Arab Republic of Egypt, and presented by Schneider Electric, will take place on November 29–30 at the Grand Egyptian Museum, Giza.
Bringing together distinguished government officials and policymakers, the summit will spotlight the national priorities, strategic investments, and major developments shaping Egypt's future across infrastructure, energy, investment, and urban transformation.
Learn more: forbesmiddleeastevents.com/b…
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At just 23 years old, Mercor's three cofounders have built a $20 billion AI company and become the world's youngest self-made billionaires, each worth $4.2 billion.
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#Egypt has allocated approximately 26,690 feddans of state-owned land in the Red Sea Governorate to the finance ministry as part of efforts to reduce public debt and facilitate sovereign sukuk issuance.
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#Dubai’s residential property supply is set to rise 20% by 2028, while #UAE industrial occupancy nears full capacity as Dubai leasing contracts jump 25.7% annually.
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