Utilizing AI is only possible if skill gap is bridged, says expert
DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily...Business Economy Global Tech & Media Uncategorized
Shanghai to build 200 smart factories to shore up its manufacturing status
Shanghai, China--Shanghai plans to build 200 new smart factories and 20 demonstration sites by end of 2025 after 70 intelligent...Business
UAE supports international efforts to combat corruption
The UAE in 2020 ranked 21 out of 180 countries across the world in Transparency International’s Corruption Perceptions Index, which...Turkey’s central banker tries to calm market jitters
Turkish economy expanded by 7 percent between Jan and March but inflation more than triple the government's target of 5...Berain Water of Saudi Arabia ropes in Samba for IPO
The offering could be as much as 30 percent of stake in the company Riyadh-based Berain is one of Saudi...STV takes part in 30 percent of all Saudi start-up funding rounds
The company also took part in 20 percent startup funding in the Middle EastExpats in Saudi Arabia remit $3.54 billion in April
Expat workers make up three quarters of workers in the Kingdom, with most coming from countries such as Syria, India,...Oil rises to $72 for the first time in 2 years as demand soars
Also boosting oil this week was a slowdown in talks between the United States and Iran over Tehran’s nuclear program,...UAE, Lithuania explore economic cooperation prospects
Lithuania's pavilion at EXPO 2020 Dubai will be inspired by concepts of innovation, sustainability and innovationIndia exports grew 67 percent in May despite Covid-19 caseload
Sector-wise, the increase was spurred by growth in demand for engineering goods, petroleum products, gems, jewelry, pharmaceuticals and iron ore$163m weeklong real estate transactions in Dubai
164 plots sold for AED 819.02 million, 1,030 apartments and villas sold for AED 2.22 billionSaudi Arabia National Housing and Bank Albilad in $533 m deal for infrastructure
The deal is part of the Saudi Vision 2030 to give more ownership of homes to Saudi families CEO Bank...