Improving healthcare in the intelligent age requires cultural change and collaboration
Leaders can utilize AI tools to streamline this challenging process by efficiently identifying individuals who are qualified matches to participate...
Ronaldo scores as Al Nassr ease into Champions League quarters
Nassr, who won last week's first leg 1-0 thanks to a Ronaldo goal nine minutes from time, were the better...
- Ronaldo, 39 earlier this month, was booked in first-half stoppage time for a late challenge, with Nassr manager Luis Castro then given a yellow card for protesting the decision
- However, the Nassr skipper would have the final say, when four minutes from time, he latched onto yet another Marcelo Brozovic through ball
Business
‘It’s frightening’: YouTubers split over OpenAI’s video tool Sora
Paris, France -- US firm OpenAI debuted a tool last week that can generate highly realistic snippets of video from just...
- OpenAI, the company behind ChatGPT, said in its announcement that Sora was not yet available to the public.
- The announcement did not specify use cases but said "a number of visual artists, designers and filmmakers" had been chosen to help test it.
Geostrategy
Gaza a death zone, its humanitarian situation inhumane: WHO chief
"What type of world do we live in when people cannot get food and water, or where people who cannot...
- "What type of world do we live in when hospitals must close because there is no more power or medicines to help save patients, and they are being targeted by military forces?"
- "We need a ceasefire now. We need hostages to be released. We need the bombs to stop dropping and we need unfettered humanitarian access. Humanity must prevail," Tedros said.
Business
EDGE Group, Fincantieri launch multi-billion dollar joint venture
Abu Dhabi, UAE -- EDGE, an advanced technology and defense groups, and Fincantieri, one of the largest shipbuilding companies in...
- EDGE will hold a 51 percent stake in the venture, which has a commercial pipeline valued at approximately 30 billion euro ($32 billion).
- The JV will concentrate on sales, commercial operations, and engineering for design and service, taking charge of developing shared intellectual property.
Business
Mobily 2023 profit up 35%
The company's  Q4 2023 net profit surged 23%.
- The positive performance was driven by the increase in revenue across all segments and expanding customer base.
- Mobily recorded an increase in the EBITDA by 7.22 percent to SAR 6.62 billion in 2023, compared to SAR 6.17 billion in the prior year.
Business
Saudi Arabia’s oil exports fall by $13 billion in fourth quarter of 2023
In December, oil exports fell by SAR 13.5 billion or 15.8% to SAR 72 billion ($19 billion) from SAR 85.5...
- Non-oil exports (including re-exports) decreased by 1.2Â percent, compared to Q4 2022, decreasing to SAR 71.1 billion from SAR 71.9 billion in Q4 2022.
- In Q4 2023, exports to China amounted to SAR 50.2 billion (16.9 percent of total exports), making this country the main destination for the Kingdom’s exports.
Geostrategy
World needs ‘trillions’ for climate action: COP28 president
Paris, France -- The world needs "trillions" of dollars to spur on the green transition and tackle global warming, the head...
- Sultan Al Jaber, who is also chief of the UAE's national oil company ADNOC, said finance was "the key enabler of positive change at the speed and scale" needed.
- "But not normal scale finance -- we need finance at every level," he said, at an event in Paris organized by the International Energy Agency (IEA).
Business
Construction costs set to rise in UAE, Saudi Arabia in 2024: Report
Dubai, UAE --Â Construction costs are set to increase in the UAE by 2-3 percent, and in Saudi Arabia by 5-7...
- Construction costs are set to increase in the UAE by 2-3 percent, and in Saudi Arabia by 5-7 percent in 2024.
- Increases will challenge construction firms, which will need to develop new processes and capabilities to keep costs under control and projects on track.
Geostrategy
US vetoes Security Council vote on Gaza ceasefire, pushes alternative
The resolution, which Algeria had been working on for three weeks, had demanded "an immediate humanitarian ceasefire that must be...
- The vote came as Israel prepares to move into the southern Gaza Strip city of Rafah, where some 1.4 million people have fled.
- However, Israel is facing increased pressure to hold off, including from its closest ally the United States.
Business
Qatar’s Industrial Production Index up 3.9% in Dec 2023
Doha, Qatar -- Qatar's Industrial Production index (IPI) in December 2023 reached 95.3 points, an increase of 3.9 percent compared...
- IPI reflects the growth of details of the growth of the various industrial economic sectors, with different relative weights, such mining and quarrying (82.46 percent).
- The index of mining sector showed an increase by 5 percent compared to the previous month, due to increase in the quantities of crude oil petroleum and natural gas.
Improving healthcare in the intelligent age requires cultural change and collaboration
Leaders can utilize AI tools to streamline this challenging process by efficiently identifying individuals who are qualified matches to participate...
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EGA buys 80% stake in Spectro
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Israel declares UN chief ‘persona non grata’ over Iran attack response
"Anyone who cannot unequivocally condemn Iran's heinous attack on Israel does not deserve to step foot on Israeli soil," said...
Geostrategy
G7 says diplomatic solution is still possible in Middle East
Rome, Italy -- The G7 on Wednesday vowed to work together to reduce tensions in the Middle East and said a...
Geostrategy
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Business
Foreigners and institutions pour $4.9 billion into UAE equities
Abu Dhabi, UAE -- Net investments by foreigners and institutions in UAE equities amounted to AED 18.3 billion ($4.9 billion)...
- Foreign investors "Arab and non-Arab" achieved net purchases in the two markets worth 15.5 billion dirhams during the same period.
- Institutions have achieved a net investment in the Abu Dhabi Securities Exchange worth more than AED 1.6 billion.
Geostrategy
Two-thirds of Gaza buildings destroyed or damaged: UN
Updating its damage assessment, the UN Satellite Centre (UNOSAT) said very high-resolution imagery collected on September 3 and 6 showed...
- "Those 66 percent of damaged buildings in the Gaza Strip account for 163,778 structures in total," it said.
- Approximately 68 percent of the permanent crop fields in the Gaza Strip showed "a significant decline in health and density" in September.
Geostrategy
Lebanon urges DNA tests to identify missing in Israel strikes
Families should head to centers affiliated with the Judicial Police "to conduct DNA tests", the police said in a statement....
- Israel has heavily bombed Lebanon's east, south and southern Beirut suburbs
- Health Minister Firas Abiad said bodies and body parts were still under the rubble