Tag: latest updates
Gold smashes record peaks propelled by rate-cut momentum
Gold has surged to historic heights, driven by the latest Federal Reserve decision to cut interest rates by 50 basis points, sparking heightened investor interest in safe-haven assets. The precious metal, which has long been seen as a hedge against inflat...
Tatech 2024 Paris Conference Showcases Talent Technology Innovations
The Tatech 2024 conference, the only event in the EMEA region focused exclusively on job boards and talent technology, concluded last week in Paris. The event drew significant participation from industry leaders, technology providers, and workforce manage...
Microsoft to End Xbox Ambassadors Program in October
Microsoft has announced that it will shut down its long-running Xbox Ambassadors program by mid-October, signaling a shift in its community engagement strategy. The program, which has been active for over 13 years, aimed to provide experienced Xbox gamers...
Walking Significantly Reduces Lower Back Pain Recurrence
A new study underscores the benefits of regular walking in preventing the recurrence of lower back pain. According to recent research, individuals who engaged in walking five times a week experienced a 28 percent lower risk of lower back pain returning. T...
Has data become hottest non-commodity in the mining & metals sector?
Artificial Intelligence (AI) is rapidly transforming industries, and the mining and metals sector is no exception. With global demand for critical minerals surging as the world transitions toward clean energy, companies are under pressure to accelerate ex...
EtihadWE Partners with Ministry to Enhance Northern Emirates’ Green Energy
Etihad Water and Electricity (EtihadWE) has launched a new initiative in collaboration with the Ministry of Energy and Infrastructure (MoEI) to significantly advance the adoption of renewable energy across the Northern Emirates. This partnership underscor...
Arab Philanthropy Rises to Support Gaza Amid Ongoing Humanitarian Crisis
The Gaza Strip has become the center of a devastating humanitarian crisis over the past 11 months, with the ongoing conflict laying bare the deep-seated issues of occupation and colonization that have long fueled geopolitical tensions. Families have been...
RIT Dubai students launch into competitive internships with General Motors
Four students from the Rochester Institute of Technology (RIT) Dubai have embarked on a prestigious internship program with General Motors (GM), gaining hands-on experience in the global automotive industry. This collaboration aims to bridge the gap betwe...
National Bank of Fujairah Launches $275 Million AT1 Capital Securities
National Bank of Fujairah (NBF) has unveiled a significant financial maneuver with the issuance of $275 million in Additional Tier 1 (AT1) capital securities. This move marks a strategic effort by the bank to bolster its capital base, a crucial step for m...
AMEA Power set to develop Africa’s largest solar project in Egypt
AMEA Power, a Dubai-based renewable energy developer, is making headlines with its ambitious plans to build Africa's largest solar photovoltaic (PV) project in Egypt. The company has signed an agreement with the Egyptian government to develop a massive 1...
Check Point Software Recognized as Top Performer in GigaOm Security Policy Radar
Check Point Software Technologies has been distinguished as a leader in the GigaOm Radar report for Security Policy as Code. The company’s recognition highlights its significant advancements in automating security policy management through code, reflectin...
Banks’ Assets Surpass $1.17 Trillion by June End: CBUAE
The Central Bank of the UAE (CBUAE) has reported that the total assets of banks operating within the country reached over $1.17 trillion by the end of June. This substantial figure reflects a robust growth trajectory in the banking sector, driven by incre...
Saudi Arabia’s Vision 2030 Projects Surge to $1.3 Trillion
Saudi Arabia's Vision 2030 initiative, a comprehensive plan aimed at diversifying the nation's economy away from oil dependency, has seen its portfolio of projects reach an impressive valuation of $1.3 trillion. This substantial figure reflects the ambiti...
DIFC Unveils Innovative Funds Centre Amid Increased Firm Activity
Dubai International Financial Centre (DIFC) has introduced a pioneering DIFC Funds Centre aimed at bolstering hedge fund spinouts, fund platforms, and boutique wealth and asset management firms. This new initiative is designed to enhance the global compet...
ADQ Takes Over Abu Dhabi’s DARB and Mawaqif Systems
Abu Dhabi’s state-owned holding company ADQ has assumed responsibility for managing two critical urban mobility systems in the emirate, DARB and Mawaqif. This decision marks a significant move within the UAE's capital as part of ADQ’s ongoing strategy to...