AI agent hacks: European Commission starts talks with OpenAI, Anthropic
Anthropic has made it public that some of its Claude AI models hacked into the systems of three companies during cybersecurity tests
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IAG, Air France-KLM trim capacity forecasts as fuel bills become big headache
With little sign of an end to the war, airlines are re-evaluating their hedging strategies and tightening cost controls, with many cutting capacity
In a boost to Abu Dhabi’s property sector, ADGM activates ‘Broker Classification Framework’
The framework will be recognising high-performing real estate brokers operating within ADGM based on a structured set of performance criteria
In world’s largest ever transaction, HSBC sells Australian loan portfolio to Blackstone
The portfolio will be held across the Blackstone Credit and Insurance, Tactical Opportunities, and Real Estate Debt Strategies fund
Egypt secures USD 1.8 billion IMF funding amid Middle East disruptions
As per the new arrangement, Egypt will get about USD 1.5 billion under the IMF's 48-month loan programme after completing the seventh review
Bank of Singapore, DBS take AI route to accelerate wealth client onboarding
Roughly 25%, or more than 100, of the bank's relationship managers have reportedly begun using the platform over the past five months
Iran war hammers Saudi economy as GDP sees largest post-COVID contraction
Overall GDP shrank 4.8% in the three months through June, compared with 3% growth in the first quarter, according to data from the GASTAT
Qualcomm wins crucial BMW chip supply deal as automaker eyes rapid turnaround
Under the deal, Qualcomm's Snapdragon Digital Chassis solutions would establish the hardware basis for BMW's AI-led platforms
Despite volatile geopolitics, Oman’s property transactions reach USD 3.7 billion
FDI in Oman's real estate sector reached RO602.5 million by the end of Q1 2026, up 1.2% year-on-year, stated a report from Savills
Amazon announces satellite constellation project for direct-to-phone service
The proposed network would provide voice, messaging, data and emergency services in remotest areas, with satellite deployment beginning in 2028