$36m plot of land among $2.47bn Dubai weekly realty deals

• The DLD report showed that 191 plots were sold for AED1.14 billion, and 2,284 apartments and villas were sold for AED6.03 billion.
• Al Hebiah Fifth recorded the top transactions for this week with 54 sales worth AED185.13 million, followed by MADINAT HIND 4 with 34 sales worth AED50.26 million.

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