ADNOC Companies Embrace AI to Fuel Growth and Value Creation

Abu dhabi: ADNOC Group’s six publicly listed companies are integrating advanced Artificial Intelligence (AI) technologies to enhance growth and operational efficiency, setting a new benchmark in the energy sector. According to Emirates News Agency, the strategic focus on AI integration has been complemented by remarkable financial performance, with the companies achieving a combined net profit … Read more

UAE Mediation Efforts Succeed with New Exchange of 168 Captives Between Russia and Ukraine

Abu dhabi: The United Arab Emirates has announced the success of mediation efforts in a new exchange of war captives between the Russian Federation and the Republic of Ukraine, which included 84 Ukrainian captives and 84 Russian captives, bringing the overall number exchanged through UAE mediation efforts to 4,349. According to Emirates News Agency, the … Read more

Sharjah Chamber and Indian Business Council Discuss Strengthening Private Sector Ties

Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed the depth of relations linking the emirate’s business community with its counterpart in the Republic of India, founded on enduring bilateral friendship between the UAE and India. The Chamber reiterated its commitment to enhancing cooperation and fostering strategic partnerships within the private sectors of both … Read more

Arab League Condemns Netanyahu’s ‘Greater Israel’ Remarks

Abu dhabi: The Arab League has condemned in the strongest terms the statements made by Israeli Prime Minister Benjamin Netanyahu regarding the annexation of parts of the territories of sovereign Arab states, in preparation for the establishment of what he called “Greater Israel.” According to Emirates News Agency, the League considered these statements to be … Read more

Cisco Projects Strong Revenue Growth as Google Boosts AI Investment

Abu dhabi: Cisco Systems, a developer and manufacturer of networking equipment, has predicted strong quarterly revenue amid increasing demand for networking equipment. According to Emirates News Agency, the company topped revenue forecasts by 0.7% last quarter, reporting $14.15 billion-a remarkable 11.4% year-over-year increase. While Cisco surpassed analysts’ EPS estimates for the upcoming quarter, its billings … Read more

Korea’s Import Prices Rebound for First Time in Six Months

Seoul: Korean import prices rose for the first time in six months in July, driven by rising global oil prices and a weaker Korean won, preliminary data from the Bank of Korea (BOK) showed on Thursday. According to Emirates News Agency, the import price index went up 0.9 percent last month from a month earlier, … Read more

UAE Leaders Congratulate President of Pakistan on Independence Day

Abu dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Asif Ali Zardari of the Islamic Republic of Pakistan on the occasion of his country’s Independence Day. According to Emirates News Agency, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler … Read more