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Presight AI, TOTM form JV for proprietary tech deployment

ABU DHABI / WAM Presight AI Holding Ltd (Presight), a G42 company, the leading UAE-based Big Data Analytics and AI company, and TOTM Technologies Limited (TOTM) have announced plans to establish a joint venture [via their wholly-owned subsidiaries] for the development and deployment of their combined proprietary technologies, marking a deepening collaboration between the ADX-listed tech provider and Singapore’s home-grown, ...

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Finance House launches Forsa credit card for UAE nationals

ABU DHABI / GULF TIME In a significant move aimed at transforming the credit card offerings for UAE nationals, Finance House proudly announces the launch of its revolutionary credit card, “Forsa”. The Forsa proposition is set to have an immediate and positive impact on the lives of UAE nationals, offering unmatched benefits targeted at improving their financial well-being. With the ...

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On behalf of UAE President, Ruler of Ras Al Khaimah attends opening of Third Belt and Road Forum for International Cooperation in Beijing

BEIJING/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah attended the official opening of the Third Belt and Road Forum for International Cooperation at the Great Hall of the People in the Chinese capital, Beijing. Held under the theme ‘High-quality ...

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UAE President, UN Secretary-General discuss measures to prevent deterioration of humanitarian conditions in Gaza

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a telephone call on Wednesday from His Excellency António Guterres, Secretary-General of the United Nations. During the call, they discussed the urgent need to implement measures that prevent further deterioration of the humanitarian situation in the Gaza Strip. The conversation emphasised intensifying diplomatic efforts to open critical humanitarian corridors and ...

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UAE President receives written message from German President

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written message from Frank-Walter Steinmeier, President of Germany, inviting His Highness to make a state visit to Germany to strengthen the relations between the two friendly countries. The message was received by Dr. Anwar Gargash, Diplomatic Adviser to the UAE President, as he received Alexander Schönfelder, the ...

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Rolls-Royce to reduce 2,500 jobs to extend efficiency drive

BLOOMBERG Rolls-Royce Holdings Plc plans to eliminate as many as 2,500 positions worldwide and will streamline operations, enacting the deepest job cuts yet under Chief Executive Officer Tufan Erginbilgic. The reductions will target 2,000 to 2,500 employees, or about 6% of the global staff, the company said in a regulatory statement, confirming reports of job losses. As part of the ...

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Sharjah Ruler directs equal grants for female citizens’ children

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, directed the Sharjah Electricity, Water and Gas Authority (SEWA) to treat the children of female citizens like citizens on scholarships, who currently number 72 male and female students, and to return the amounts paid to those who paid them, through the Amiri ...

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Sheikh Hamad Al Sharqi receives Jamal Al Suwaidi

FUJAIRAH / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, received at Al Rumaila Palace, Dr Jamal Sanad  Al-Suwaidi, Deputy Chairman of the Board of Trustees of the Emirates Centre for Strategic Studies & Research (ECSSR) and received a copy of his new book entitled “President His Highness Sheikh Mohamed bin Zayed Al ...

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UAE’s investments in Turkiye hit AED20.6b until last August

ABU DHABI / WAM Ahmet Burak Daglioglu, Head of the Investment Office of the Turkish Presidency, said that the cumulative foreign direct investment from the United Arab Emirates to Turkiye has surged to $5.6 billion (AED20.6 billion) from 2002 through August 2023. Speaking exclusively to the Emirates News Agency (WAM) during the eighth edition of the World Investment Forum in ...

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