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Alibaba, Abu Dhabi invest in AI startup IPO
January 01, 2026
|Gulf News
Artificial intelligence startup MiniMax secured backing from Alibaba Group Holding and Abu Dhabi’s sovereign wealth fund for its Hong Kong debut, part of a wave of Al firms listing in 2026 in a milestone for China’s industry.
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MiniMax plans to raise at least HK$3.83 billion ($492 million) from selling at least 25.4 million shares priced between HK$151 and HK$165. The deal could reach $712 million if upsize and greenshoe options are exercised, according to a filing. Trading is expected to begin January 9.
‘Chinese Al dragons’
هذه القصة من طبعة January 01, 2026 من Gulf News.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Gulf News
Powell accuses Trump of using threat of criminal charges to intimidate Fed
Justice Department issues subpoenas over Powell's building renovation testimony
3 mins
January 13, 2026
Gulf News
Pakistan Met office denies extreme cold wave reports
The Pakistan Meteorological Department (PMD) yesterday said temperatures in the coming days are expected to remain within the normal winter range, rejecting claims circulating online of an “extreme cold wave” forecast between January 16 and 25.
1 min
January 13, 2026
Gulf News
'Kohli can play for India for 5-6 years'
Star Indian batter registered his 7th successive score of fifty-plus on Sunday
1 mins
January 13, 2026
Gulf News
Emaar’s Alabbar on why the UAE soars while Europe stalls
HE SAYS HIS FAILURES ABROAD TAUGHT HIM UAE’S SUPPORTIVE POLICIES ARE UNIQUE
3 mins
January 13, 2026
Gulf News
More federal agents land in Minneapolis
HOMELAND SECURITY CHIEF DEFENDS OFFICER'S ACTIONS
2 mins
January 13, 2026
Gulf News
How native bees found a home at Expo City
THEY BUILT THEIR FIRST HIVE ON THEIR OWN AS EXPO CITY TOOK SHAPE, NOW THEY ARE A FLOURISHING POPULATION
2 mins
January 13, 2026
Gulf News
UAE approves new drug for heart failure treatment
UAE second country to authorise dual-action tablet
1 min
January 13, 2026
Gulf News
New Crypto Token Regulatory Framework in force in Dubai
This reshapes how digital asset firms operate, expand, and hire in the emirate
1 mins
January 13, 2026
Gulf News
Rybakina headlines star-studded field
WTA 500 EVENT WILL BE HELD FROM JAN 31 TO FEB 7
2 mins
January 13, 2026
Gulf News
Password alerts fuel Instagram data fears
Cybersecurity firm says 17.5m accounts compromised, Meta denies allegation
1 mins
January 13, 2026
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