Paris, France -- Meta will start using public posts and comments by its European users to train generative artificial intelligence...
Muscat, Oman -- Travel and tourism sector's contribution to the Gulf's GDP by the end of 2024 reached approximately 11.4 percent,...
Nearly 25 percent of respondents believe educational institutions should avoid the use of AI platforms, and many feel creative writers...The top respondents for the poll question were from Bahrain (25.6 percent), followed by Qatar (25 percent), Lebanon (24.1 percent), and UAE (22.7 percent)
Respondents were mainly from the age 20 to 29 years old (46.4 percent), followed by the age range 30 to 39 years (38.6 percent), and 40 to 49 years (10.3 percent)
The Gulf countries are also able to attract highly qualified and scientific expertise and skilled workers, and they possess the...There is an opportunity for emerging economies, especially the Gulf countries, including Qatar, to move towards the electronic chip and semiconductor industry
The region has the financial capacity to handle the electronic chip and semiconductor industry that requires investments worth tens of billions of dollars
Investors' appetite for "green debt", used to finance renewable energy projects, low-carbon transport or well-insulated housing, is growing exponentially. But...The parliament said this green bond standard will "enable investors to orient their investments more confidently towards more sustainable technologies and businesses".
The European bond market's annual trades are estimated to be worth 100 trillion euros ($107 trillion).
Abu Dhabi, UAE - UAE's Minister of Economy Abdullah bin Touq Al Marri said Wednesday that in 2022, the UAE...The country is implementing comprehensive economic initiatives to increase the capacity of the national business environment to attract capital.
The UAE has utilized advanced technologies to develop capacities and meet the growing demand in these sectors.
Dubai, UAE--Saudi Arabian utility developer ACWA Power said Wednesday it has signed financing agreements for a total investment of $8.5...NEOM Green Hydrogen Project is a joint venture between ACWA Power, Air Products and NEOM Company, with ACWA Power holding a 33.3 percent equity stake.
The total financing consists of $5.85 billion senior debt and $475 million of mezzanine debt facilities.
- Dubai, UAE-- Dubai real estate market recorded deals worth AED3.1 billion ($843 million) on Wednesday, according to Dubai Land Department....
The deals included 598 sales transactions worth AED1.55 billion, in addition to 68 mortgage deals of AED1.48 billion on Thursday.
The sales included 547 villas and apartments worth AED1.13 billion, and 51 land plots worth AED421.05 million.
Dubai, UAE—UAE’s renewable energy company Masdar will invest 1 billion pounds ($1.20 billion) in British battery storage technology, Reuters said....Masdar bought UK-based battery company Arlington Energy last year.
In January this year, Masdar signed agreements with three Angola, Uganda and Zambia to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).
Profits soared 43 percent to 1.2 billion dirhams ($327 million) despite higher oil prices as the United Arab Emirates carrier...flydubai, which has been operating since 2009, reported a 72 percent rise in annual revenues and an 89 percent increase in passengers to 10.6 million.
The airline, based in the Middle East financial hub of Dubai, hired a record 1,300 employees and took delivery of 17 aircraft, another new high.
Oil remains the most significant energy source in Japan, accounting for about 40 percent of the country’s total energy supply,...The country imported 84.4 million barrels during the month, according to to the Agency for Natural Resources and Energy in Tokyo
Oil remains the most significant energy source in Japan, accounting for about 40 percent of the country’s total energy supply
Dubai, UAE -Dubai Land Department (DLD), represented by the Real Estate Regulatory Authority (RERA), has signed a memorandum of understanding...DLD is ramping up its efforts by providing an innovative and sustainable global real estate model
The agreement aims to enhance confidence in Dubai’s real estate sector by providing a safe and distinctive investment environment
