The company also announced other AI developments.
In 2023, the firm demonstrated strong financial results.
President Sheikh Mohamed bin Zayed Al Nahyan arrived in Al Alamein City on a visit to the Arab Republic of...President Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a visit to the Arab Republic of Egypt.
President of Egypt, Abdel Fattah el-Sisi received UAE President Sheikh Mohamed at the airport where the leaders discussed cooperation between the two countries.
- Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority said that RTA had achieved...
RTA had managed to reduce the total emissions by 13 percent and energy costs by 10 percent compared with the average consumption from 2016 to 2019.
RTA has a roadmap that aims to achieve zero-emission from public transport in Dubai by 2050.
The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green...In WGES 2022 several heads of states and governments, experts from government and non-government sectors would participate.
The summit would enable finding innovative solutions and financial tools that promote clean and renewable energy projects and sustain growth
High pilgrim traffic caused revenue to go up to $104.34m.Its gross profit rose 152.9 percent to $19.06 million in H1, as against the loss of $36.05 million in the same period of last year
The company expects the increased traffic of pilgrims to sustain for the rest of the year as there remains pent-up solid demand for pilgrims, both domestic and international
The Dubai developer will sell its online retailer for $335.2m.The Department of Economic Development has revealed that e-commerce licenses issued by the emirate jumped 63 per cent in the first half of 2021
During the last two years of the Covid Pandemic, online buying in the UAE has taken a big leap in growth, with Amazon alone recording net sales of about $500m in 2021
NFT artworks accounted for some $2.8 billion in sales last year and the rate has declined only slightly in the...Thirteen Italian museums recently signed deals with Cinello, a firm that sells limited edition digital reproductions, to offer ownership of digital replicas of masterworks
Cinello said it had digitized more than 200 works and its sales had generated 296,000 euros in extra revenue for Italian museums
Many Jordanian industrial sectors have the necessary requirements to enter the Algerian market, especially the pharmaceutical components, clothing, chemical and...The business groups also agreed to have more meetings and visits in order to assess investment opportunities
According to official data, the kingdom's exports to Algeria in 2020 amounted to $94 million, compared to about $125 million in imports
As money starts to dry up and subsequent funding rounds get more precarious, companies are expected to experience more acute...The rapid rise in high-velocity M&A interest over the last months is driven by the inherent uncertainty surrounding the global economy and markets
Deal makers see a great window of opportunity but also understand this window could be fleeting, writes Victor Basta, Co-Head of DAI Magister
Days after disclosing it had signed a $2.65 billion equity purchase agreement with Valvoline Global Products, Mohammed Y. Al-Qahtani, Aramco’s...Mohammed Y. Al-Qahtani said that Valvoline and Aramco will expand their existing partnership to ensure that 'Valvoline’s brand is managed in a consistent and holistic manner'
He noted that VGP will acquire perpetual ownership of the Valvoline brand, trademarks and copyrights in the products sector
Though GCC markets witnessed an IPOs rush in the first half of 2022 due to the rising investment interest, the...Though GCC markets witnessed an IPOs rush in the first half of 2022 due to the rising investment interest, the future is not comforting for the rest of the year, says an expert
Due to the volatility of international conditions, GCC stock markets may continue to fluctuate for the rest of 2022, adds Wael Makarem, Sr Market Strategist – MENA at Exness
