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Investment in quantum computing to be major economic driving force in 2 years

ABU DHABI / WAM Thought leaders and entrepreneurs from around the world discussed the opportunities presented by AI and quantum computing to optimise efficiency and growth in all walks of life, during Investopia 2023 conference. The session, titled “Quantum Leap: Transforming Industry Through Quantum Computing & AI”, was led by Jan Goetz, CEO and co-Founder of IQM Quantum Computers, Joanna ...

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UAE, Oman sign pact to bolster climate efforts

DUBAI / WAM A UAE delegation, headed by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has concluded an official visit to Oman, during which ways of enhancing cooperation in fish farming, achieving net-zero targets, mangrove plantation and the UAE’s preparations for the 28th Conference of the Parties (COP28). The visit culminated in the signing of an ...

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Oil prices threaten to hit $100 per barrel with rising China demand

BLOOMBERG As Covid-19 lockdowns gripped the world in 2020, Bernard Looney, chief executive officer of BP Plc, made a startling admission: He thought that oil demand might never return to its pre-pandemic peak. But recently, Looney has done an about-face. After announcing ambitious plans to cut emissions, BP, one of the world’s top crude producers, is now plowing more money ...

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