AI supercomputing platforms integrate CPUs, GPUs, AI ASICs, neuromorphic and alternative computing paradigms, enabling organizations to orchestrate complex workloads while...
- Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
"Markets are eagerly anticipating today's meeting from the Federal Reserve with traders looking for signs over whether a March rate...London and Paris rose but Frankfurt fell near the half-way stage, after a mixed showing in Asia. The dollar edged higher against the euro and yen
Investors are hoping the Fed will begin cutting rates soon after hiking them to their highest level in more than two decades to combat inflation
The four engineering, installation and procurement contracts will increase production at the Al-Shaheen oilfield -- the country's largest -- by...Al-Shaheen currently produces 300,000 barrels per day and is operated through the North Oil Company, a joint venture between QatarEnergy and France's TotalEnergies.
QatarEnergy said the third phase of expansion at Al-Shaheen, which began production in 1994, will be implemented over five years.
- "The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs...
Dubai Chambers and Enterprise Ireland sign a strategic MoU to link Dubai and Irish firms, emphasizing collaboration in technology, manufacturing, and clean energy.
The MoU will boost mutual trade and investment, fostering digital economy growth, and offer small businesses opportunities and cross-cultural training through alliance.
Abu Dhabi, UAE-- Looking to enhance economic ties between the UAE and the United Kingdom, Abdulla bin Touq Al Marri,...The discussions to boost trade ties took place during a UAE delegation's visit to the UK to participate in Investopia London, to be held on January 31, 2024
The UAE minister said the relations between the two countries serve as a prime example for advanced strategic ties and exceptional economic partnership
Oslo, Norway - Norway's sovereign wealth fund, the world's biggest, said Tuesday it raked in a record profit of 2.2 trillion...Fueled by revenues from Norway's state-owned oil and gas companies, the fund is aimed at financing future spending in the generous welfare state
Around 71 percent of its portfolio was dedicated to equities, with stakes in 8,859 companies worldwide -- or 1.5 percent of all listed stocks
The updated figure, released in the latest World Economic Outlook (WEO) report, is 0.2 percentage points higher than the International...Among G7 advanced economies, growth in European countries looks set to remain weak, reflecting ongoing challenges, while Japan and Canada are expected to fare slightly better.
While many Asian economies remain buoyant, Europe continues to cast a long shadow over the global outlook, with the IMF highlighting "notably subdued growth in the euro area."
- ABU DHABI, UAE - The Abu Dhabi's “Business Activity Report” for the year 2023, issued by the Abu Dhabi Department...
24,143 commercial sector licences were issued in 2023, comprising 94.1 percent of the total.
Active licences in Abu Dhabi rose to 143,617, a growth of 10.9 percent compared to the year 2022.
- Tuesday's announcement was not expected to have an immediate effect on production or exports. After a series of oil supply...
Riyadh announced the planned production capacity increase in October 2021, the same month it pledged to achieve net zero carbon emissions by 2060
That applies to emissions that are produced directly by Aramco's industrial sites, but not the CO2 produced when clients burn Saudi oil in their cars
- Riyadh, Saudi Arabia - Saudi Arabia on Monday launched "Youth Development Strategy" to help its youth to play a critical...
Saudi Arabia on Monday launched "Youth Development Strategy" to help its youth to play a critical role in the national economy
Aligned with the Saudi Vision 2030, the strategy seeks to create an enabling environment for the progress and growth of young people
- There is a need for global policy alignment to meet the rising energy demands and tackle climate change challenges, Marco...
There is a need for global policy alignment to meet the rising energy demands and tackle climate change challenges, Marco Arcelli, CEO of ACWA Power, tells TRENDS.
AI revolutionizes energy production, including water desalination, spearheading the irreversible shift towards renewable sources and green molecules, Arcelli adds.
