Utilizing AI is only possible if skill gap is bridged, says expert
DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily...Business Economy Global Tech & Media Uncategorized
‘Dubai reinforces global leadership in healthcare’
“Biomedical and health informatics professionals attending MedInfo 2027 will enjoy a world-class event in a thriving global city within close...Economy
Libya has 2 prime ministers after parliament vote
The emergence of the new government once again gives Libya two prime ministers, as was the case between unrest-plagued 2014...Libya’s parliament approved a new cabinet in a challenge to unity premier Abdulhamid Dbeibah, who has refused to cede power until elections
In a vote some fear could help tip Libya into another round of violence, the cabinet of former interior minister Fathi Bashagha was approved
Israel stock exchange eyes GCC investors
In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the...The UAE is key to the relatively small but growing Israeli bourse’s new strategy of “going east” to globalize its foreign investment pool
Tel Aviv Stock Exchange has traditionally been heavily oriented towards the US, but is now looking to expand to the GCC and the rest of the world
Jordan reduces entry fees at tourist sites for Arab visitors
The tourism ministry will treat Arab tourists as Jordanians to spur tourism.The tourism ministry will treat Arab tourists as Jordanians to spur tourism
The decision would remain in force through 2022 to strengthen Jordan's position as a tourist destination
Brent oil breaks $110 a barrel, WTI up 5% on Ukraine conflict
Brent crude broke above $110 a barrel on Wednesday and WTI was up more than five percent as Russia's invasion...Brent climbed 4.88 percent to $110.09, while WTI was up 5.06 percent at 108.64
The conflict in eastern Europe came as prices were already soaring owing to tight supplies
Cryptocurrencies: Proof-of-work spared for now
Due to growing environmental consequences, even though proof-of-work was spared in the EU for now, it is simply too fragile...The European Union was on Tuesday supposed to vote on a bill named MiCA intended to regulate crypto in the EU.
The Ukrainian government is arguably one of the first governments to ask for donations in cryptocurrencies.
Service fees of real estate owners, investors reduced in UAE
The UAE's Department of Municipalities and Transport (DMT) said that service fees for real estate units’ owners and investors in...In 2020, the service charges were reduced by 18.1 percent, with another 8.3 percent reduction introduced in 2021.
DMT introduced a comprehensive mechanism to monitor and regulate residential units' service charges in 2020.
Qatar Airways hits out at Airbus as new jet grounded in paint dispute
Qatar Airways has secured an injunction preventing Airbus from cancelling deals for other jets as the two are involved in...The airline has now grounded 22 of its 53 A350 jets since November 2020, and said it will move ahead with legal action.
In retaliation, Airbus has in turn sought to cancel orders made by Qatar Airways for two other A350 jets and 50 A321neo planes.
Shell to sell stakes In Gazprom
Action followed after Russia's invasion of Ukraine.The announcement came after UK Foreign Secretary Liz Truss said more than 3 million Russian companies would be unable to access funding from London-based financial institutions
European football's governing body UEFA also ended its estimated 40-million-euro sponsorship deal with Gazprom
Region needs tourism to beat inflation
Despite the global closures and economic crisis, the tourism sector in the Gulf region fared well in 2021 due to...Despite global closures and the economic crisis, the tourism business thrived in 2021
The sector is likely to rebound in 2022 after faltering due to lifting travel restrictions
US expels 12 Russian UN staff for ‘espionage activities’
The announcement of the expulsion came on the last day of Russia's presidency of the UN Security Council and it...The US deputy ambassador to the UN said the 12 members of Russia's UN mission had engaged in non-diplomatic activities
A Russian diplomatic source later said the expulsion decision did not target either the ambassador or his two senior deputies
