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Seoul: Chairman of SK Group Chey Tae-won stated that South Korea requires an investment of 1,400 trillion won (US$953 billion) in artificial intelligence (AI) infrastructure over the next seven years to maintain its competitiveness in the sector. Chey…

Baku: H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan has met with Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, on the sidelines of the UAE delegation’s visit to Azerbaijan. During the meeting, both sides discussed opportuniti…

Abu dhabi: The General Civil Aviation Authority (GCAA) of the United Arab Emirates affirmed the importance of the decision adopted by the Supreme Council of the Gulf Cooperation Council (GCC) to establish the GCC Civil Aviation Authority and designate…

Sharjah: Sharjah SME (Ruwad), affiliated with the Sharjah Economic Development Department, launched the 13th edition of its annual “Business Stars” initiative. The three-week programme aims to promote the culture of self-employment and entrepreneurshi…

Abu dhabi: The Asian Development Bank (ADB) has approved three projects totaling $381 million to advance agriculture, education, and health services in Punjab Province, Pakistan. These development projects aim to foster economic growth in the province…