UAE’s Long-Term Approach Drives AI Leadership: Omar Al Olama

Abu dhabi: Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, has revealed that the UAE’s commitment to artificial intelligence (AI) began as early as 2008. Abu Dhabi’s initial investments in AI-focused companies and chip technology have positioned the UAE as a significant player in the AI domain. … Read more

Korea’s Exports Decline 15.2% in Early October

Seoul: The Republic of Korea’s exports went down 15.2 percent from a year earlier in the first 10 days of October, data showed Monday. Outbound shipments reached US$13 billion between 1st and 10th October, down from US$15.3 billion in the same period last year, according to the data from the Korea Customs Service. According to … Read more

UAE Prepares Humanitarian Ship for Gaza Under ‘Operation Chivalrous Knight 3’

Abu dhabi: The UAE has begun preparing the “UAE Humanitarian Ship” within the framework of Operation Chivalrous Knight 3 to deliver vital support to the brotherly Palestinian people and respond to urgent needs in the Gaza Strip. According to Emirates News Agency, the ship is being prepared in cooperation with several humanitarian and charitable organisations … Read more

Multiply Group Concludes Sale of PAL Cooling Holding for AED3.871 Billion

Abu dhabi: Multiply Group, the Abu Dhabi-based investment holding company that invests in and operates businesses globally, announced today that it has formally completed the transaction to sell 100% of its shares in its district cooling subsidiary, PAL Cooling Holding, for AED3.871 billion to a consortium comprising Tabreed and CVC DIF. According to Emirates News … Read more

GITEX Global 2025 Kicks Off in Dubai with Record Participation

Dubai: GITEX Global 2025, the world’s largest technology and artificial intelligence exhibition, began today at the Dubai World Trade Centre, featuring more than 6,800 exhibitors in an edition that aligns with the global shift towards comprehensive artificial intelligence integration, computing convergence, and digital governance. This year’s edition features the most extensive artificial intelligence programme in … Read more

Funding Surpasses AED9 Billion for Start-Ups in Dubai’s in5 Incubator

Dubai: Funding raised by start-ups within Dubai’s leading entrepreneurship incubator, in5, has surpassed AED9 billion since its inception. This development highlights the growth of enterprising talent and ventures within Dubai’s pro-innovation framework. According to Emirates News Agency, the announcement was made during the 10th anniversary edition of Expand North Star 2025, the world’s largest event … Read more

UAE Allocates US$10 Million to Boost Community Resilience in Asia-Pacific

Abu dhabi: Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has announced the allocation of US$10 million to enhance the resilience of communities across Asia and the Pacific to deal with natural disasters. The initiative, launched through UAE Aid Agency, will support the Emirates Nature-WWF, in partnership with … Read more