Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

COP28 in Dubai: UAE financial institutions to mobilise Dh1 trillion in sustainable finance by 2030

The UAE’s banking and financial sector will mobilise more than Dh1 trillion ($272.5 billion) in sustainable finance by 2030, senior officials said at the...

India overtakes Hong Kong as world’s fourth-largest stock market

New Delhi: India's stock market has overtaken Hong Kong's for the first time in another feat for the South Asian nation whose growth prospects...

UAE non-oil sector starts 2024 on strong footing

Purchasing Managers’ Index hits highest in four and a half years The UAE started 2024 on a strong footing with the Purchasing Managers’ Index (PMI),...

Abu Dhabi’s Sheikh Tahnoon sets up firm to hold $27 bln in assets

Abu Dhabi’s largest listed company, led by a key member of the emirate’s royal family, is setting up a new holding firm with assets...

For investors, 2024 is year of transition to a new economic order

Everyone will have to figure out how to live with higher interest rates Investors appear convinced that major Western central banks are close to a...

Adani Group forges AI joint venture with IHC unit in Abu Dhabi

The Adani Group, led by Gautam Adani, has formed a joint ven-ture with a unit of UAE’s International Holding Co. to explore artificial intelligence...

Ambani targets completing Reliance’s AI transformation in 2024

Billionaire Mukesh Ambani urged the employees of Reliance Industries Ltd. to accelerate artificial intelligence transformation across all businesses in 2024 as the oil-to-retail conglomerate...

Mall of the future: Delivering a positive impact for a sustainable tomorrow

Tenants and brands need to take full accountability and involvement in mall sustainability When Galleria Vittorio, the world’s first shopping mall, opened its doors to...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...