Beijing, China -- While China's leaders use their economic and political might to fight Donald Trump's trade war "to the...
From quirky Hello Kitty algae sculptures to demonstrations of flying vehicles and lunar samples, the Osaka Expo offers a fascinating...
Sapporo, Japan--G7 allies kicked off two days of "difficult" climate talks in northern Japan on Saturday, facing pressure to show progress...Differences have deepened among the group as the energy crisis caused by the Ukraine war squeezes G7 countries
The G7 climate statement draft, seen by AFP, recognizes the primary need to accelerate the clean energy transition
- Dubai, UAE - Dubai has issued a law to regulate the operations of autonomous vehicles in the city. The new...
The law outlines the responsibilities of the Roads and Transport Authority (RTA) in regulating the sector
The Authority is responsible for demarcating the roads, areas, and routes that autonomous vehicles operate in
Abu Dhabi, UAE--Credit facilities provided by national banks to the business and industrial sector rose 5.2 percent on a YoY...The cumulative balance of credit extended by national banks to the sector grew to $196 bn by the end of January 2023 from $186.52 billion in the month of January 2022
Domestic credit extended by national banks to the sector in the emirates of Abu Dhabi and Dubai in the period under review stood at $97.20 bn and $94.07 billion respectively
San Francisco, United States--Elon Musk has formed an X.AI artificial intelligence corporation based in the US state of Nevada, according to...According to an insider report, Musk has purchased costly computing processors and hired engineering talent as part of an AI project at Twitter
Google, Meta and Microsoft have spent years working on AI systems to help with translations, search and targeted advertising
In the last 10 years, a motley of supposedly best-run companies in the Middle East have collapsed, disappearing into obscurity....In order to stave off total ruin and collapse of a business, industry experts recommend for the board to take charge of strategy, in cahoots with the management.
Many experts blame disagreements within a board, or a lack of team spirit as the reason for tipping a company toward a slow demise
The members also exchanged views on progressing the implementation of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent...Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, led the UAE delegation at the meeting, held on the sidelines of the 2023 Spring Meetings.
Ministers of Finance and Central Bank Governors from G20 member countries, invited countries, and international organizations attended the meeting.
JPMorgan Chase reported a rise in first-quarter profits alongside banking giants Citigroup and Wells Fargo. The first look at the...Recent banking industry turmoil following the collapse of Silicon Valley Bank raised worries about a flight of deposits.
Shares of JPMorgan rose 7 percent to $138.06, Citi gained 3.1 percent to $48.7, Wells Fargo dipped 0.1 percent to $39.63.
Sky-high inflation driven by sharp increases in the cost of energy prompted the ECB to crank up interest rates at...In March, consumer prices in the eurozone rose by 6.9 percent on an annual basis in the eurozone, down from 8.5 percent in February.
The figure was the lowest rate recorded in a year, and much below the peak of 10.6 percent recorded in October.
The performance was driven by strong sales, especially in Asia."The first quarter of 2023 is a continuation of the good results of 2022," Hermes chief executive Axel Dumas said in a statement.
China, the world's second biggest economy, ended nearly three years of Covid restrictions in December.
Finance Minister Ishaq Dar said the UAE had promised a billion dollars to prop up Pakistan's forex reserves -- which...Pakistan signed a $6.5 billion bailout package with the IMF in 2019, but has repeatedly reneged on conditions and so far just $3 billion has been released.
The IMF insists Pakistan must boost its low tax base, end tax exemptions for the export sector, and raise artificially low fuel and power prices meant to help low-income families.
