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DUBAI / WAM UAE businesses show a significant lead in both maturity and proactivity when it comes to the adoption of artificial intelligence solutions, according to a Microsoft report titled, ‘AI Pulse’. ‘AI Pulse’ is a Microsoft initiative designed to establish the attitudes and intentions of senior executives around the world towards artificial intelligence. The report is the result of ...

Sharjah / WAM The growing investment climate of Sharjah as well as opportunities available in 140 countries, will be the focus of the ninth edition of the Annual Investment Meeting (AIM 2019), from April 8-10, at the Dubai World Trade Centre. The Sharjah FDI Office, Invest in Sharjah, will be facilitating the participation of five leading Sharjah government entities at the ...

Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reported record growth in overnight visitors from Japan, crossing the 100,000 mark for the first time at the end of 2018. Reflecting a 15.3 percent year-on-year increase, the emirate welcomed 104,843 overnight visitors, with the robust growth underscoring efforts to further showcase the breadth of the city’s ever-expanding ...

Bloomberg Brookfield Asset Management Inc is planning to buy a commercial property site in Shanghai for around $2 billion, according to people familiar with the matter. Brookfield Strategic Real Estate Partners III is considering buying three office towers and a retail mall at Greenland Huangpu Center from a unit of Greenland Hong Kong Holdings Ltd., the people said, asking not ...

Bloomberg Ola, Uber Technologies Inc’s biggest rival in India, said it will take on the ride-hailing giant in London before the end of the year after launching in five smaller UK cities. The Bangalore-based startup commenced operations in Liverpool last month, having established its first European business in Cardiff in August and later added Bath, Bristol and Exeter. Reading and ...

Bloomberg If France is trying to keep Huawei Technologies Co out of its next-generation telecommunications networks, it’s doing it a lot more subtly than the US. The country’s parliament was expected to start to debate on Wednesday a bill aimed at tightening security around its 5G networks after an earlier version was rejected in February by senators for the government’s ...

Bloomberg Britain’s Brexit turmoil inflicted further damage on the economy last month as the nation’s huge services sector shrank for the first time in more than 2 1/2 years. With parliament gridlocked and Britain’s short-term future increasingly uncertain, companies and households held back spending in March, IHS Markit said. Its Purchasing Managers’ Index indicates that the economy shrank last month ...

Bloomberg Most major automakers capped the first quarter with declining US sales again in March, as the sugar high from last year’s tax cuts wore off and the economy lost steam. Fiat Chrysler Automobiles NV, Nissan Motor Co and Toyota Motor Corp each reported deliveries dropped for the month and are down year-to-date. General Motors Co, which releases results only ...

Bloomberg President Nicolas Maduro’s Constituent Assembly, stacked with socialist-party loyalists, stripped opposition leader Juan Guaido of his immunity from prosecution, as the government ratchets up pressure against the congressman seeking to oust the country’s ruling autocrat. The Constituent Assembly, an all-powerful political body set up in 2017 to bypass the National Assembly, voted unanimously to act on the recommendation of ...

Abu Dhabi / WAM A number of new UAE Ambassadors to brotherly and friendly countries were sworn in on Tuesday before His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at the Presidential Palace in Abu Dhabi. The ceremony was attended by Dr Amal Abdullah Al Qubaisi, Speaker of Federal ...