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UAE’s AI Office explores opportunities to accelerate innovation with precision medicine

DUBAI / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, emphasised the commitment of the UAE government, led by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to prioritise community health. The government’s approach involves harnessing advanced digital ...

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UBS to complete Credit Suisse takeover as early as June 12

BLOOMBERG  UBS Group AG expects to complete its acquisition of Credit Suisse Group AG as early as June 12, creating a new powerhouse in European banking and ending weeks of uncertainty for the lenders’ more than 100,000 employees. The closing of the deal is still subject to certain conditions, including some that UBS said it could waive, according to a ...

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JPMorgan turns to blockchain for dollar trades in India hub

BLOOMBERG  JPMorgan Chase & Co has tied up with six Indian banks to introduce a blockchain-based platform to settle interbank dollar transactions in the nation’s newest international financial hub. “We will be running a pilot project for the next few months as we need to analyse banks’ experience,” Kaustubh Kulkarni, senior country officer, India and vice chairman, Asia Pacific at ...

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