- Abu Dhabi, UAE - The UAE led the Arab region in terms of investments in Egypt, Jamal bin Saif Al...
The two countries also aim to increase this figure to $35 billion over the next decade in tourism, education, logistics, food industries.
The Egyptian market has over 3,000 Emirati companies operating in telecommunications, construction, smart cities
- The European Union's central data regulator said it was forming a task force to help countries deal with AI chatbot...
ChatGPT can generate essays, poems and conversations from the briefest of prompts and is capable of passing exams.
Chatbot can only function if it is trained on vast datasets, raising concerns about where OpenAI gets its data.
- Countries must do more to avert the costly consequences of growing global trade fragmentation, and help avert a "second Cold...
Multilateral institutions like the World Bank and IMF have an important role to play in preventing the world from splintering into different blocs.
An IMF report said that growing trade fragmentation due to Brexit, US-China trade war and Russian invasion of Ukraine, could make the global economy.
- The company had reported a 2.18 percent rise in profit for 2022.
For the first quarter of 2023, Lesha Bank announced a net profit of QR22 million, compared to 21 million the same quarter previous year.
Qatar Fuel Company recorded a 15 percent decrease in net profit to QR223 in Q1 2023 compared to more than QR262 million for Q1 2022.
- Russia delivered a new warning to the West over a grain deal with Ukraine, saying a number of conditions must...
Russia, whose economy has been hit by a raft of Western sanctions, has repeatedly threatened to walk away from the agreement if obstacles to its own exports remain.
There are no sanctions on Russian exports of food and fertilizers to global markets but the problems are related to sanctions on shipping, insurance companies and banks.
- ABU DHABI, UAE - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced on...
The gas carriers will be owned and operated by AW Shipping, an ADNOC L&S joint venture with Wanhua Chemical Group.
VLGCs transport liquefied petroleum gas and will provide ADNOC L&S greater flexibility to meet growing global gas demand.
- It has sold more than US$7bn of its shares since early 2023.
The Japanese investment titan, an early investor in the Chinese internet giant founded by Jack Ma, started offloading its shares last year
Alibaba like other leading Chinese tech firms has been badly impacted by a regulatory crackdown on the industry starting in 2020
- With remote or hybrid work now the norm and cyber-attacks continuing to escalate, businesses realize they must take a fundamentally...
The security approach that has gained traction in recent years is the concept of Zero Trust and its basic principle behind it is simple: don't trust anything; verify everything
Breaking down the silos between IT, cybersecurity, and networking groups, and establishing clear communication channels can help achieve a cohesive security strategy
- The global economic slowdown and swelling interest rates are pummeling debt-ridden developing countries, the UN warned, urging bold global action...
Rate increases in the US and other wealthy countries may cost developing countries over US$800 billion in lost income by 2025.
UNCTAD said it now expected global GDP growth of 2.1 percent in 2023, down from 2.2 percent it forecast in September last year.




















