The Supreme Council for Financial and Economic Affairs (SCFEA) has announced the award of the concession agreement for the development and production of the Bab Gas Cap to Abu Dhabi National Oil Company (ADNOC) and its partners.
Elon Musk has lost his trillionaire status less than two weeks since reaching the milestone, as swings in the share prices of SpaceX and Tesla drag on the tech mogul’s own fortune.
OpenAI on Wednesday unveiled its first custom-designed computer chip, called Jalapeno, built to run ChatGPT and other artificial intelligence products faster and more cheaply.
The Central Bank of the UAE (CBUAE) imposed a financial penalty of Dh20 million on a branch of a foreign bank, pursuant to the provisions of the Federal Decree Law Regarding the Central Bank and Organisation of Financial Institutions and Activities and its
A total of 83% of UAE investors are using artificial intelligence in their finance and investment decisions against a global average of 73%, a survey by HSBC has found.
Emirates Global Aluminium (EGA) has inaugurated the UAE’s largest aluminium recycling plant, a milestone in EGA’s growth in low carbon aluminium and the development of the UAE’s circular economy.
The General Pension and Social Security Authority (GPSSA) said 16,368 Emiratis working in the government and private sectors have benefited from its "Shourak" service since its launch in July 2023.
AD Ports Group on Wednesday announced that it has acquired an additional 30 percent equity stake valued at Dh1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), raising its holding to 81 percent.
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