Recent Posts

Sheikh Khalifa orders AED24 million grant to athletes

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan ordered the disbursement of a grant worth AED24,392,473 to athletes who accomplished sporting achievements in 2019, benefitting 680 athletes from 29 federations. The grant will be distributed to athletes without holding the customary annual ceremony, in line with the precautionary measures adopted by the country to protect ...

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Dewa’s artificial intelligence services anticipate, shape future

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has made significant achievements in artificial intelligence (AI) and has come a long way in this area since 2017. This is by developing a roadmap for AI and launching a set of services and initiatives that use this promising technology. Dewa’s efforts in AI have consolidated the UAE’s global position and ...

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Can India spend its way to a V-shaped recovery?

India’s annual budget made equity investors ecstatic and the bond market morose. Could both of them be right? In her speech, Finance Minister Nirmala Sitharaman pegged total government expenditure for the current fiscal year at 34.5 trillion rupees ($472 billion). That’s $57 billion more than what analysts had forecast based on a muted April-to-November trend, extrapolated for a bump in ...

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