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Aarti Nagraj

Aarti Nagraj

Aarti has over 15 years of experience working with digital, print, TV and radio news organisations in the UAE and India. Previously the editor of Gulf Business, she has interviewed several business leaders including Saudi’s Prince Alwaleed Bin Talal, GE chairman Jeff Immelt and Microsoft president Brad Smith, among others.
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Articles

OpenAI started in 2015 as a research-focused non-profit. Reuters
OpenAI considers shift to for-profit corporate structure

AI start-up says the change will help it raise more funding

BusinessDecember 27, 2024
Aarti Nagraj
Traffic flows on a main road past electricity transmission towers in Tehran. Iran has been struggling to cope with increased energy demand during the winter months. AFP
Lights off in Iran: What caused the power crisis and what comes next?

Energy subsidy reforms and policy change critical to resolve the crisis, analysts say

EconomyDecember 25, 2024
Aarti Nagraj
Elon Musk's xAI has raised $6 billion in funding to accelerate AI infrastructure, product development and research in generative AI. EPA
Musk's xAI raises $6bn with investment from Saudi Arabia's Kingdom Holding and Qatar's QIA

Nvidia and AMD also support AI start-up as it expands its infrastructure

TechnologyDecember 24, 2024
Aarti Nagraj
In terms of sectors, infrastructure accounts for 41 per cent of Sharjah's 2025 budget. Getty Images
Sharjah Ruler approves 'largest-ever' budget with $11.4bn spending

Tax revenue set to contribute about 10 per cent of overall public revenue for 2025, up 15 per cent compared to 2024 budget projections

EconomyDecember 23, 2024
Aarti Nagraj
Astra Tech's Ultra app, developed under Botim, operates in 155 countries and has more than 150 million users. Photo: Astra Tech
Abu Dhabi's Astra Tech unit gets $500m funding from Citi

It marks one of the largest FinTech deals in the UAE, companies say

TechnologyDecember 11, 2024
Aarti Nagraj
Experts believe the 15 per cent corporate tax rate for large multinationals won't deter companies from setting up in the UAE. Chris Whiteoak / The National
New UAE tax: What it means for large companies

In the short term, a higher tax regime could impact profitability, experts say

EconomyDecember 10, 2024
Aarti Nagraj
The UAE introduced the federal corporate tax with a standard statutory rate of 9 per cent last year. Antonie Robertson / The National
UAE to introduce 15% tax on large multinational companies

New tax incentives are also planned for research and development and high-value employment activities

EconomyDecember 09, 2024
Aarti Nagraj
Salwa Palace in the At Turaif district of Diriyah, Saudi Arabia. Apple plans to open a store in the city. Bloomberg
Apple to open stores in Saudi Arabia, including 'iconic' outlet in Diriyah

Tech company to begin with launch of Apple Store online in summer 2025

TechnologyDecember 09, 2024
Aarti Nagraj
People celebrate on the Lebanese side of the Masnaa Border Crossing to Syria after rebels announced the ousting of Syrian President Bashar Al Assad. Reuters
What next for Syria's battered economy amid political upheaval?

With oil production a fraction of what it was before the civil war and with a currency in turmoil, the country will need time and support to recover

EconomyDecember 08, 2024
Aarti Nagraj
The total value of all homes sold in Dubai since 2002 stands at Dh1.47 trillion, according to Knight Frank. Victor Besa / The National
Nearly one in every five homes in Dubai is worth more than $1 million, report says

House prices are currently about 20 per cent higher than they were at the same time last year, Knight Frank says

PropertyDecember 04, 2024
Aarti Nagraj
The UAE dirham has been officially pegged at 3.6725 to the US dollar since 1997. Ryan Carter / The National
TimeframeWhen the UAE pegged its dirham to the US dollar in 1997

Move aimed to stabilising exchange rates between countries, support trade and reduce risk

LifestyleNovember 22, 2024
Aarti Nagraj
Shipping containers at the port in Philadelphia. President-elect Donald Trump has promised more tariffs on all US imports. Bloomberg
'Globalisation and trade will expand despite Trump's planned policies'

Trade remains resilient to tariffs and geopolitical challenges, analysts say

EconomyNovember 19, 2024
Aarti Nagraj
Nadhmi Al Nasr had served as chief executive of Neom since 2018. Reuters
Saudi Arabia replaces Neom chief executive Nadhmi Al Nasr

Company says progress on the $500bn development is continuing on all fronts as planned

BusinessNovember 13, 2024
Aarti Nagraj
Dubai skyline. The UAE was ranked the second-largest market after the US for greenfield foreign direct investment in 2023. AFP
UAE aims to boost FDI inflows to Dh1.3 trillion by 2031

Strategy also aims to triple the FDI balance to Dh2.2 trillion and will target key sectors such as advanced manufacturing and renewable energy

EconomyNovember 05, 2024
Aarti Nagraj
A Lulu shop at Al Wahada Mall. The additional 516,445,267 offer shares have been allocated to professional investors. Lauren Lancaster / The National
Lulu boosts size of IPO to 30% on strong demand

Saudi Arabia's Masarrah Investment Company has joined as a cornerstone investor and will invest about Dh250 million

MarketsNovember 04, 2024
Aarti Nagraj
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