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AI added $500mn of extra value in 2023, says Adnoc

ABU DHABI / WAM Adnoc announced on Tuesday that it generated $500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023. The value was generated from integrating over 30 industry-leading AI tools across Adnoc’s full value chain, from field operations to smarter and quicker corporate decision-making. Together, these applications also abated up to 1 million tonnes ...

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Nikkei falls as gains locked in

TOKYO / WAM The Nikkei stock index dropped Tuesday as investors locked in gains after it closed at an all-time high above the 40,000 mark the previous day. According to Kyodo News, the 225-issue Nikkei Stock Average fell 168.62 points, or 0.42 percent, from Monday to 39,940.61. The broader Topix index was up 3.81 points, or 0.14 percent, at 2,710.09.

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UAE’s PCHR hosts discussion with UN experts on ‘Right to Development’

ABU DHABI / WAM The UAE Permanent Committee for Human Rights (PCHR), in collaboration with the Anwar Gargash Diplomatic Academy, has hosted an insightful event exploring the ongoing discussions on the draft Covenant on the Right to Development. Chaired by Hind Alowais, Director of the PCHR, the event heard from Ambassador Zamir Akram, Chair-Rapporteur of the UN Working Group on ...

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