Proven Robotics integrates ChatGPT with Pepper humanoid robot

• The integration presents an opportunity to demonstrate the ground-breaking capabilities of both ChatGPT and Pepper
• The ChatGPT in Pepper offers several significant benefits including improving Pepper’s natural language understanding

Strong economy, HNWIs help GCC luxury market thrive

• GCC economies witness significant growth driven by robust oil production and exports
• Increased affluence in the region fuels a continuous rise in luxury product spending

Strong economy, HNWIs help GCC luxury market thrive

Strong fraud detection boosts security of UAE banks

• The UAE's focus on digital transformation and innovation enhances fraud detection and control capabilities, says Jamal Saleh, Director General of UAE Banks Federation
• Tasharuk platform plays a crucial role in detecting cyber risks while continued investment in technology and collaboration strengthens UAE's banking system, he adds

Three countries to get $280m for financing education programs

• Developed in Dec 2021 by GPE and the ACG, a grouping of Arab financial development institutions, the nitiative has generated $500m to support education in lower-income countries.
• Funds under the initiative are accessible to 37 countries that are members of the Organization of the Islamic Cooperation and collectively are home to 28m out-of-school children.

QC exhorts Vietnamese firms to benefit from ‘investment climate’ in Qatar

• The investment ties between the two countries particularly in healthcare and pharmaceuticals have witnessed significant growth in recent years
• Qatar Chamber urged companies from Vietnam to take advantage of the incentives, infrastructure, economic legislation in Qatar to grow their businesses

Dubai luxury realty market at new heights

• A plot of land on Dubai's prestigious Jumeirah Bay Island has been sold for an astounding $34 million, setting a new record in the UAE's real estate market
• Palm Jumeirah, Emirates Hills and Jumeirah Bay Island are prime residential neighborhoods in Dubai, the world's fourth-most active luxury residential market

Saudi Arabia and Iran discuss ‘opportunities to develop and strengthen’ ties

• The Iranian minister described the expansion of the Saudi-Iranian relations as a "win-win" development
• The two ministers met in Jeddah on the sidelines of the Islamic Development Bank Group's conference

Iraq to resume Kurdish oil exports to Turkey Saturday

• The Kurdish regional government had for years earned billions of dollars in revenues exporting oil to Turkey without the Iraqi federal government's approval
• Following years of wrangling, a preliminary agreement was reached in early April, granting the Iraqi federal government control over exports

Petro Rabigh Q1 loss $257m

• Compared to the last quarter of 2022, however, the company reported a 46.77 percent fall in net losses from SAR 1.81 billion in Q4 2022 to SAR946 million in Q1 2023.
• The accumulated losses as of Mar 31, 2023, amounted to SAR 2.66 billion, representing 15.96 percent of the company's share capital of SAR16.71 billion.