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Overview
Forbes Middle East – a vital source for the region’s latest business and financial news and analysis, with a focus on investing, technology, entrepreneurship, leadership and lifestyle.
News
Former Professor Becomes Billionaire As China Bolsters Its Semiconductor Supply Chain
Liu Jianfang quit his teaching job at China's Jilin University in 2019 to focus full-time on his semiconductor component maker GK Precision. He is now a billionaire after the company's shares surged nearly 400% since its August listing.Liu Jianfang, a for
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Anthropic Overtakes SpaceX In Betting Odds For 2026's Biggest IPO
Anthropic overtook SpaceX in Polymarket odds for the largest initial public offering of 2026, with traders favoring the AI startup despite a record-shattering IPO from SpaceX earlier this year.Key factsA proposition titled, "Largest IPO by market cap in 2
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Nvidia Posts $96 Billion Quarter As AI Boom Powers 106% Growth In A Year
Nvidia beat Wall Street's expectations with $96.2 billion in second-quarter revenue and forecast $108 billion for the current quarter, a highly anticipated signal for investors weighing the trajectory of the AI spending boom and the roughly $5 trillion ch
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FDA Approves Pancreatic Cancer Drug That Could Double Survival Time
The Food and Drug Administration has approved a new medication for pancreatic cancer patients called daraxonrasib, a once-daily pill that blocks RAS proteins and has been shown to double patient survival time when compared to standard chemotherapy treatme
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Jordan, China Sign Climate Deal Covering Waste, Biodiversity And Green Economy
Jordan and China signed an agreement to expand cooperation on climate change and environmental protection, covering biodiversity, pollution control, waste management and the green economy, as Amman seeks to broaden economic and technology ties. Green econ
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