OpenAI denies Musk’s ‘betrayal accusations, plans legal dismissal
OpenAI captured the public imagination in late 2022 with the release of its chatbot ChatGPT, which can generate poems and...Business
EDB, Valiant Healthcare sign pact
EDB credit facility will extend to both capital investment and expenditures.The signing ceremony was attended by Ahmed Mohamed Al Naqbi, CEO of EDB, Faisal Juma Belhoul, Chairman of Valiant, and Ahmed bin Juma Belhoul, CEO of Valiant Healthcare.
We will introduce our patients to additional highly valued premium inpatient rooms, in addition to a state of the art Cath-lab & EP lab, said Belhoul.
Agthia buys 60% stake in Auf Group
The deal builds on Agthia’s acquisition of BMB Group.The deal builds on Agthia’s acquisitions of the GCC’s snacks and food company, BMB Group, and the Al Foah dates
The Auf Group’s founders will retain a combined stake of 30 percent in the business and continue to lead the company
Bot battle: The tech that could decide Twitter’s Musk lawsuit
The information Twitter has or has not provided on its tally of fake or spam accounts is Musk's stated reason...The information Twitter has or has not provided on its tally of fake or spam accounts is Musk's stated reason for backing away from the deal
Twitter's lawsuit, which urges a court to force Musk to honor his buyout offer, could result in a trial or settlement talks
Amazon to create 4,000 UK jobs
This will make it one of the nation's 10 biggest private sector employers.The latest expansion will take Amazon's permanent workforce to 75,000.
The jobs will also be in corporate and technology functions in software development, product management and engineering.
RAK non-oil foreign trade sees 14% hike in 2021
Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion.Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion
This is followed by imports, which accounted for 35 percent of the total, amounting to AED 5.97 billion
Airlines’ face fresh turbulence after fragile recovery from Covid
Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation.Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation
Global airlines suffered cumulative losses of almost $190 billion between 2020 and 2022, according to IATA
Integrity of digital infrastructure crucial for companies
For businesses who feel they have no choice but to pay cybercriminals in order to unlock their files, they not...Businesses across the globe are losing the battle when it comes to defending themselves against ransomware attacks
A robust security strategy is therefore one of the key pillars of an overarching digital transformation plan, says an expert
Reforms make Dubai region’s most open realty market
Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global...Lending reforms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index
Despite moving up one spot in the global rankings, Abu Dhabi is still classified as having 'Partial Transparency' in its governmental practices, the JLL index points out
UAE, Türkiye discuss enhancing relations in various sectors
A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a...A UAE delegation led by Minister of Industry and Advanced Technology was on a two-day visit to Türkiye aimed at enhancing cooperation
The visit included meetings with senior government and private sectors officials as well as a UAE-Türkiye Investment Workshop
Biden holds joint investment talks with UAE, Israel and India
US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks...The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president.
During the summit the UAE announced it would invest 2 million euros (dollars) in agricultural projects in India.
