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Bank investments in monetary bills, Islamic CD hit AED226.9 billion by end of Q2-24: CBUAE
ABU DHABI: Banks' investments in monetary bills and Islamic certificates of deposit (CD) reached AED226.9 billion at the end of the second quarter of this year, a year-on-year (YoY) increase of 10.3 percent compared to AED205.7 billion at the end of t...
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Indonesia’s Trade Surplus Reach of $2.89 Billion in August
Indonesia's trade surplus rose to a three-month high in August, as exports grew much faster than expected, official data showed on Tuesday. According to Statistics Indonesia, the country reported a surplus of $2.89 billion in August. The surplus was ...
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Global investment in AI infrastructure remains robust: G42
ABU DHABI: Despite the complexity of varying data sovereignty laws, global investment in AI infrastructure remains robust, with investments striving to keep pace with the growing demand for data storage and processing, according to a G42 report. Issu...
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Middle East on course to reach $75 billion in renewable energy projects
LONDON: The Middle East is on course to take US$75.63 billion of investment in renewable energy projects through to 2030. This is according to a new report released today by the Energy Industries Council, one of the world's largest energy trade associ...
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RTA air taxis will take off in Dubai in Q1 2026: official
DUBAI: Dubai is set to revolutionise urban transportation by introducing fully electric air taxis in the first quarter of 2026 as part of its Advanced Air Mobility (AAM) initiatives, a senior official revealed. Powered by Joby Aviation, the first poi...
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Advantages and disadvantages of investing in the digital currency market
Bethlehem- Ma'an- The digital currency market has become one of the fastest growing and most exciting financial markets in the world. This market is an attractive option for many investors thanks to the high returns achieved by some digital currencies...
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World Utilities Congress 2024 fosters innovation in water, electricity
ABU DHABI: The third edition of the World Utilities Congress is underway in Abu Dhabi, bringing together global ministers, CEOs, and industry pioneers to address critical challenges in energy transitions, grid modernisation, and water security. Under...
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G42, Microsoft to launch two AI centres in Abu Dhabi
ABU DHABI: Microsoft Corp. and G42 have announced that they will be establishing two new centres in Abu Dhabi to advance their collective Responsible AI goals. The centres are part of their partnership announced earlier this year. Co-founded and co-f...
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Qatar Chamber Showcases Electronic Services at ConteQ Expo 2024
Qatar Chamber (QC) showcased its digital services package during its participation in the Advanced Technology for Construction and Services Expo (ConteQ Expo 2024), which concludes Wednesday at the Qatar National Exhibition and Convention Center. In ...
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Anti-smoking battle under threat from ‘cancel culture’ and misinformation
Ramallah - Ma'an - In recent years, the world has witnessed a remarkable development in the spread of alternative products to traditional cigarettes, such as electronic cigarettes, heated tobacco, and nicotine pouches. These products have proven effec...
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