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UAE harnesses AI to reshape future of global financial sector

ABU DHABI/WAM The UAE continues to lead digital transformation and financial inclusion in the Middle East region, supported by the transformative power of artificial intelligence, which has become evident across a wide range of economic sectors, primarily in the financial and banking sectors. This contributes to strengthening its economic growth and prosperity while solidifying its leading position in the global ...

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Still spending time on chores? Let a lifestyle robot take care of them

DUBAI/GULF TIME In today’s fast-paced world, it’s difficult to come by time to take care of home cleaning needs the manual way. Which is why the demand for smart home cleaning solutions is skyrocketing. These innovations are no longer just about convenience; they’re about transforming the way we live. With our lives becoming increasingly busy, smart cleaning products have emerged ...

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ADNOC to close acquisition of controlling stake in Fertiglobe

ABU DHABI/WAM Abu Dhabi National Oil Company P.J.S.C. (ADNOC) announced on Friday that its acquisition of OCI’s 50% + 1 share stake in Fertiglobe, which was announced in December 2023, has received all required approvals and is expected to close on Tuesday, 15th October 2024. Ahead of closing, a block trade will be initiated on the Abu Dhabi Securities Exchange ...

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