Recent Posts

Ministry inks AI deal with Dell to train Emirati youth

DUBAI / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, stressed the importance of providing opportunities for Emirati youth and encouraging them to develop new skillsets associated with Artificial Intelligence (AI) technologies. Al Olama’s statement came on the back of signing a strategic partnership agreement with Mohammed Amin, Senior Vice President, Middle East, Turkey and Africa ...

Read More »

Rupee tumbles to new record

Bloomberg The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of countries with worsening balance of payments. The rupee slid as much as 1.3 percent on Monday to a new low of 72.6738, leading losses among Asia’s emerging-market currencies. Sustained weakening has prompted authorities to ...

Read More »

Dubai summit targets huge India investments

Dubai / Emirates Business Indian economy, which registered 8.2 percent growth in the first quarter of 2018-19 fiscal year – the highest in recent history – is expected to attract large-scale investment from the GCC to India, following the recent announcement of the development of a $44 billion oil refinery to be built by Abu Dhabi National Oil Company (Adnoc), ...

Read More »
Send this to a friend