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UAE ranks second globally for overall business skills

Dubai / WAM According to Coursera’s Global Skills Report 2021, the UAE ranks first in the Mena region and second globally in overall business skills, only after Luxemburg. This year’s study draws on performance data since the pandemic’s onset from more than 77 million learners on the platform to benchmark skills proficiency across business, technology, and data science for over ...

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Biden needs more than $52b for chip effort to counter China

Bloomberg President Joe Biden’s blueprint for the US semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and preempt a rival effort from China. The White House outlined a sweeping plan to secure the conduits for critical ...

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Mubadala takes stake in Aramco pipelines venture

Abu Dhabi / WAM Mubadala, the Abu Dhabi-based sovereign investment company, on Wednesday announced that it has joined the EIG-led consortium which has entered into a transaction with Saudi Arabian Oil Co (Aramco) to acquire a 49 percent equity stake in the newly formed entity Aramco Oil Pipelines Company. Mubadala said in a statement that Aramco will retain the remaining ...

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