Microsoft’s $1.5 billion boost – G42 and AI partnership goes global
In a move set to galvanize the landscape of artificial intelligence (AI) development, Microsoft has announced a hefty $1.5 billion investment in G42, the foremost...
Tag : investment
ADB projects India’s economy to grow steadily by 7% in FY2024
The Asian Development Bank (ADB) has revised its projection for India's gross domestic product (GDP) growth in the fiscal year (FY) 2024, anticipating a solid...
Bitcoin surge spurs daily influx of 1,500 millionaire wallets
Bitcoin's meteoric rise is fueling a surge in crypto wealth, with over 1,500 new millionaire wallets being minted daily, according to a report by Kaiko...
UAE and Sierra Leone presidents meet to boost bilateral relations
UAE President Sheikh Mohamed bin Zayed Al Nahyan engaged in discussions today with Julius Maada Bio, President of the Republic of Sierra Leone, aimed at...
Economic pressures and AI shift lead to layoffs at Dataminr
In an unexpected turn of events, Dataminr, a leading big data enterprise valued at $4.1 billion, announced a significant reduction in its workforce. The New...
UAE’s aviation sector soars: 31.8 million passengers in Q1 2023
The Central Bank of the UAE (CBUAE) has announced in its recent Quarterly Economic Review that UAE airports welcomed a whopping 31.8 million passengers in...
UAE and Malaysian foreign ministers discuss enhanced cooperation
Sheikh Abdullah bin Zayed Al Nahyan, UAE's Minister of Foreign Affairs, engaged in productive discussions with his Malaysian counterpart, Zambry Abdul Kadir, during his official...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production...
European Investment Bank supports circular economy with €3.4 billion lending
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production...
Abu Dhabi hosts premier investment platform for global investors
The 12th edition of the Annual Investment Meeting (AIM Global 2023) is set to take place in Abu Dhabi from May 8 to 10. Participants...