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‘Artificial Intelligence is key to building sustainable future’

Abu Dhabi / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, has participated in a seminar entitled, ‘The Artificial Intelligence Revolution’. The seminar was among several events organised by the Ministry of Culture and Knowledge Development as part of the UAE’s pavilion at the Riyadh International Book Fair. During the seminar, Al Olama expressed his deep ...

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Bond traders face gut-check in record $300bn US auctions

Bloomberg Bond bulls who enjoyed a rare rally in short-term Treasuries last week might not want to get too comfortable: The world’s biggest debt market is about to be inundated with an unprecedented wave of issuance. The US Treasury will probably auction about $294 billion of bills and notes this week, its largest slate of supply ever. The $30 billion ...

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Dana Gas lifts Abu Dhabi; some Saudi blue-chips advance

Reuters Gulf stock markets were generally little changed on Sunday, though Abu Dhabi’s Dana Gas surged on news of plans for its first annual dividend for several years. The Abu Dhabi index rose 0.8 percent as Dana Gas jumped 8.3 percent after the board said it would seek shareholder approval for a cash dividend for 2017 totalling 5 percent of ...

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