Business

ABU DHABI: Tabreed, a leading district cooling company, has made a major advancement in its efforts to decarbonise the cooling sector, achieving the ‘Verified Carbon Standard’ at one of its Abu Dhabi plants, certifying carbon credits to offset emissio…

US stocks ended lower at the end of the trading session on Tuesday.

The S and P 500 .SPX lost 41.98 points, or 0.72%, to end at 5,817.87 points, while the Nasdaq Composite .IXIC lost 180.26 points, or 0.97%, to 18,322.42.

The Dow Jones Industrial Av…

South Korea’s SK hynix, the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology.

According to SK hynix, the new product …

Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.

Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…

DUBAI: Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, and Google Cloud, today announced a collaboration agreement aimed at fostering the growth of the startup ecosystem within the Dubai AI Camp…

Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.

Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.

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DUBAI: Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, and Google Cloud, today announced a collaboration agreement aimed at fostering the growth of the startup ecosystem within the Dubai AI Camp…

GUIYANG: The number of netizens in China had reached near 1.1 billion as of June this year, up by 7.42 million from the end of 2023, according to a report on China’s internet development released Thursday.

Internet penetration in China had reached 78…