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Analysts recommend ‘BUY’ rating of Adnoc L&S shares, citing growth momentum

ABU DHABI / WAM Analysts from all 16 major international financial institutions that cover ADNOC Logistics & Services are maintaining “STRONG BUY” or “BUY” recommendations on the Company’s shares, citing a robust balance sheet, global expansion, and the strong history of and outlook for earnings growth. The recommendations are a strong endorsement of the Company’s successful execution of its transformational ...

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Abu Dhabi’s artificial intelligence sector expands 61% in one year

ABU DHABI / WAM Abu Dhabi’s artificial intelligence (AI) sector is undergoing an extraordinary acceleration, positioning the emirate as a global epicentre of AI innovation and growth. According to data published by the Abu Dhabi Chamber, the emirate, with 673 AI companies, has experienced a 61 percent increase in the AI sector between June 2023 to June 2024. Globally, there ...

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Abu Dhabi Civil Defence Authority enhances AI ecosystem

ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Civil Defence Authority has signed a cooperation agreement with the Advanced Technology Research Council, with the aim of fostering collaboration in the fields of artificial intelligence, developing integrated strategies and training specialised national talent, and advancing safety and civil protection in Abu Dhabi to ensure its long-term sustainability. The agreement was ...

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