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Day: March 19, 2025

G42, NVIDIA Unveil AI-Powered Weather Forecasting System

March 19, 2025 by emadmin

Abu Dhabi: G42 and NVIDIA have unveiled a pioneering hybrid weather forecasting system, marking a significant advancement in their AI-powered climate technology collaboration. This development builds on the initial partnership between the two companie…

Categories Business, Trading

Dubai Chamber of Commerce Launches Hungarian Business Council

March 19, 2025 by emadmin

Dubai: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Hungarian Business Council. The initiative aims to enhance cooperation and foster stronger ties between …

Categories Business, Trading

Fitch Upgrades United Arab Bank’s Viability Ratings to ‘bb-‘; Affirms Long-term Ratings at ‘BBB+’, Outlook Stable

March 19, 2025 by emadmin

Sharjah: The United Arab Bank (UAB) announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable outlook and upgraded its Viability Rating (VR) to ‘bb-‘ from ‘b+’.

According to Emirates News Agency, th…

Categories Business, Trading

UAE Presents Its National Report on Spent Nuclear Fuel, Radioactive Waste Management

March 19, 2025 by emadmin

Vienna: The United Arab Emirates presented its Fifth National Report on Compliance with the Obligations of the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management. The UAE is participating as a Con…

Categories Business, Trading

UAE and Tunisia Begin Talks on Comprehensive Economic Partnership Agreement

March 19, 2025 by emadmin

Abu Dhabi: Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Samir Obeid, Minister of Trade and Export Development of Tunisia, have announced the start of negotiations towards a Comprehensive Economic Partnership Agreement (CEPA…

Categories Business, Trading

BlackRock, Global Infrastructure Partners, Microsoft, MGX Welcome NVIDIA, xAI to AI Infrastructure Partnership

March 19, 2025 by emadmin

Abu Dhabi: BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and MGX today announced that NVIDIA and xAI will join the Global AI Infrastructure Investment Partnership, now named the AI Infrastructure Partnership (AIP), f…

Categories Business, Trading

Etihad Airways and Ethiopian Airlines Forge Strategic Partnership, Announce New Flights Between Abu Dhabi and Addis Ababa

March 19, 2025 by emadmin

Abu Dhabi: Etihad Airways and Ethiopian Airlines have announced a landmark Joint Venture (JV) aimed at enhancing connectivity between Africa, the Middle East, and Asia. This strategic partnership, formalized at Ethiopian Airlines’ headquarters in Addi…

Categories Business, Trading

Waha Capital Shareholders Approve 2024 Dividend Distribution

March 19, 2025 by emadmin

Abu Dhabi: Shareholders of Waha Capital approved a cash dividend of 10 fils per share during the company’s Annual General Meeting (AGM) on Tuesday. Shareholders also reinforced Waha Capital’s ongoing commitment to supporting communities by authorising…

Categories Business, Trading
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