Tag: US

US, Britain, EU to sign agreement on AI standards: Reports

The US, Britain, and the EU are expected to sign the first international treaty on the use of AI that is legally binding, the Financial Times...

Stocks regain stability as US retail report reassures

World stocks rose on Thursday and Treasury yields spiked after surprisingly strong U.S. retail sales data soothed fears about slowing economic growth, leading investors...

UAE to attract over 6,700 millionaires in 2024, mostly from India, Russia, Africa

More than 6,700 millionaires will relocate to the UAE this year, putting the Emirates at the top of all the countries in attracting the...

UAE: Adnoc makes first strategic investment in the US

Adnoc announced on Monday its first strategic investment in the US, with the acquisition of a 11.7 per cent stake in Phase 1 (Trains...

IMF tells Asian central banks not to follow Fed too closely

The International Monetary Fund urged Asian central banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves...

Shares steady but bonds hit by Fed disappointment

World shares steadied on Wednesday though investors stayed cautious at the prospect of U.S. interest rates staying higher for longer, which in turn pushed...

GCC bank US dollar debt issuance to increase strongly in 2024-2025

Gulf Cooperation Council (GCC) banks’ US dollar debt issuance completed its strongest quarter ever in the first quarter of 2024, with issuance already exceeding...

Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption

The US state of Virginia, which is seeking to safeguard the crypto rights of its citizens, is one-step closer to creating a working group...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...