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ARM unveils new chip design targeted at self-driving cars, AI

  Bloomberg ARM, the UK-based semiconductor design firm, introduced a new chip targeted at markets ranging from self-driving cars to artificial intelligence. The new design, DynamIQ, is an update to ARM’s existing Cortex-A offering. The latter made up almost 20 percent of all ARM-based chips in the first three quarters of 2016, according to the company’s last available regulatory filing. ...

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Energy investments in MENA to hit $1trn

  ABU DHABI / WAM Total energy investments in the Middle East and North Africa could approach the US$1 trillion mark over the course of five years, according to the latest edition of the MENA Energy Investments Outlook published by the Arab Petroleum Investments Corporation (APICORP). This is in spite of uncertainties that have been clouding the regional outlook. While ...

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Aldar to invest AED1.9bn on Yas and Reem projects

  ABU DHABI / Emirates Business Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, announced details of its current investment programme. This programme will expand Aldar’s asset management portfolio, driving growth of recurring revenue. The investments announced comprise mid-market residential, hospitality & leisure, and retail assets on Yas Island and Reem Island. They amount ...

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