SINGAPORE / WAM Asian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation readings at the end of the week for further clues on the future path of monetary policy, Reuters reported. The dollar rode US Treasury yields higher while commodity prices ...
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ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has offered his condolences on the passing of Saeed bin Ahmed Al Otaiba, at the majlis of Dr Mana Saeed bin Ahmed Al Otaiba, in Al Manhal, Abu Dhabi. His Highness expressed his deepest sympathies to the family for ...
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ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), in collaboration with Petuum and LLM360, has launched “K2-65B”, a ground-breaking open-source 65-billion parameter large language model (LLM). K2 sets new standards in transparency and performance for open-source artificial intelligence (AI) by providing a blueprint for documenting and studying the full lifecycle of LLMs, including all reproduction details. ...
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DOHA / WAM Sheikh Rashed bin Humaid Al Nuaimi, Vice President of the National Olympic Committee (NOC), led the UAE delegation to the 36th meeting of Presidents of GCC National Olympic Committees, hosted by Qatar in Doha. During the meeting, the attendees adopted several recommendations from the General Secretariat, urging Gulf NOCs to increase specialised sports courses and workshops to ...
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ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Investment Office (Adio) has collaborated with Khazna Data Centres (Khazna) to boost Abu Dhabi’s data economy and strengthen its position as a hub for technology and innovation. Khazna will build an advanced data centre in Mafraq, Abu Dhabi, with an initial capacity of 30MW, leveraging government-owned land as part of a ...
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BEIJING / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Xi Jinping, President of the People’s Republic of China, witnessed on Thursday a ceremony to announce, exchange, and sign several agreements and memoranda of understanding (MoUs) between the UAE and the People’s Republic of China, across a range of cooperation areas. The ceremony took ...
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SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved a new phase of the medical treatment insurance plan for the citizens of Sharjah. The Sharjah Ruler has authorised the provision of medical treatment at the University Hospital for citizens aged between 50 and 55, totalling 5,000 beneficiaries, with an ...
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SEOUL/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Yoon Suk Yeol, President of the Republic of Korea, met in Seoul today to explore opportunities to build upon the Special Strategic Partnership between the UAE and Republic of Korea and expand bilateral cooperation across various fields. The two leaders also discussed regional and international ...
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ABU DHABI / AD MEDIA OFFICE Khalifa Fund for Enterprise Development (KFED) has launched the SWAN programme, an Emirati women empowerment initiative designed to empower ambitious UAE National women entrepreneurs who successfully run home-based businesses in Abu Dhabi. With a strong emphasis on mental wellbeing, mindfulness, and leadership skills development, SWAN aims to help them harness their strengths and gain ...
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ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, continues to be the UAE’s leading champion and catalyst for defence industry growth. With awarded contracts worth over AED60 billion since its launch in 2019, Edge continues to capture growing global market share in key defence domains through the establishment of a high-technology industrial base ...
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