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ABU DHABI / WAM Khalifa University of Science and Technology on Wednesday announced that it will be hosting the second “Mubadala-Globalfoundries-SRC Forum” in Abu Dhabi to formulate a vision and to chart future plans for the Artificial Intelligence (AI) semiconductor ecosystem in the UAE. Titled “UAE AI Semiconductor Ecosystem: Looking Ahead”, the AI R&D forum scheduled for February, 20, 2020, ...

DUBAI / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, and Etihad Guest, the award-winning loyalty programme of Etihad Airways, have teamed up to launch a new co-branded credit card, the Emirates Islamic Etihad Guest Visa card. With a comprehensive range of exclusive benefits available to cardholders, the Emirates Islamic Etihad Guest Visa card ...

DUBAI / Emirates Business Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, has announced the completion and handover of Dania District, part of its award-winning Midtown development. Dania District is the second district to be completed in Midtown’s integrated urban community, which is composed of six districts. In 2019, Afnan District was announced ...

New York / WAM The UAE has called on global parliamentary representatives to make access to education for all a priority, given its positive contributions towards social and economic prosperity of states. Partaking in the annual Inter-Parliamentary Union’s hearing, Education as a Key to Peace and Sustainable Development: Toward the Implementation of SDG 4,’ members of the UAE’s Parliamentary Division ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported its financial results for full year 2019 on Wednesday, announcing a total revenue of $1,421.3 million and profit of $413.6 million. The company has $2,404 million liquidity available . HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DAE, commented, “The growth of DAE in the last few years has boosted the ...

DUBAI / WAM The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai recently launched a smart donation service at the Dubai mosques, which allows users to donate money by scanning QR codes through their phones, thus replacing traditional methods and procedures of donation. This is in line with the IACAD’s commitment to Article 9 of the 50-Year-Charter, and its ...

Bloomberg For Luis Sancha, who grows olives and cereals in the countryside near Madrid, a family tradition could soon die out because his son thinks the family farm may be doomed and doesn’t want to take it on. “We got as far as the third generation but the fourth will be lost,” Sancha, 61, said in an interview outside the ...

Bloomberg Twitter Inc is acquiring Chroma Labs, a seven-person startup that was founded by former Facebook and Instagram employees for building photo and video-editing features. Chroma Labs was launched last fall with an app that lets people edit photos and videos before sharing them on the Stories features inside other apps, like Instagram or Snap Inc’s Snapchat. The company is ...

Bloomberg Along with the usual files and spreadsheets, the European Union (EU) leaders traveling to Brussels this week to thrash out the bloc’s long-term budget are being advised to bring an extra change of clothes. Maybe two. The extraordinary summit to nail down a seven-year spending plan is scheduled to start on Thursday. But no end time has been set ...

Bloomberg Amazon.com Inc is denying a Pentagon cloud-computing contract valued at as much as $10 billion was unfairly tailored for the e-commerce giant. In a court filing made public on February 17, Amazon countered rival Oracle Corp’s claims that bidding for the lucrative cloud deal was tainted by relationships between its employees and former Pentagon officials. Oracle is appealing a ...