Recent Posts

TII, NVIDIA launch Middle East’s first Joint Lab for AI & Robotics in Abu Dhabi

ABU DHABI / WAM The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), has joined forces with NVIDIA, the world leader in accelerated computing and AI, to launch the Middle East’s first Joint Lab dedicated to both artificial intelligence and robotics. This landmark collaboration establishes a first-of-its-kind hub in the region for ...

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Ministerial Development Council reviews key government policies, regulatory resolutions

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, chaired a meeting of the Ministerial Development Council held at Qasr Al Watan in Abu Dhabi. The meeting reviewed proposed government policies and regulatory decisions across various segments of public service in the UAE. The meeting agenda ...

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Fitch Upgrades Union Insurance to ‘BBB’ + IFS Rating; Outlook Stable

DUBAI/GULF TIME Fitch Ratings has upgraded Union Insurance Company (P.J.S.C.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘BBB’ with stable outlook. The upgrade reflects Union’s improved financial performance following the Board and Management actions to improve profitability of the underwriting book. The rating also reflects the insurer’s strong capitalisation, good company profile and strong reinsurance protection. In H1 2025, ...

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