Recent Posts

Android creator plans AI-equipped phones

  Bloomberg Just over two years after leaving Google, Andy Rubin is preparing to take on the smartphone industry he helped create. Rubin, creator of the Android operating system, is planning to marry his background in software with artificial intelligence in a risky business: consumer hardware. Armed with about a 40-person team, filled with recruits from Apple Inc. and Alphabet ...

Read More »

Foreigners purchase shares worth AED2.62bn on DFM

  DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED2.62 billion, while value of stocks they sold stood at AED2.64 billion, with net foreign investment on the market reaching AED14.1 million during the period, as aggregate sell. Value of shares bought by foreigner investors ...

Read More »

Mubadala, IPIC merger imminent

  ABU DHABI / Reuters More mergers are likely in Abu Dhabi as institutions there tie up in ways that are positive for their business, Khaldoon Khalifa al-Mubarak, group chief executive of Abu Dhabi state fund Mubadala, said on Thursday. “There’s an appetite for more mergers. I expect to see mergers continue in a positive way in Abu Dhabi,” Mubarak ...

Read More »
Send this to a friend