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CBUAE’s gold reserves up 7% YoY

ABU DHABI / WAM The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED17.921 billion by the end of January 2024, a year-on-year (YoY) growth of 7 percent. The apex bank, in its latest figures, showed that gold reserves mildly dropped by 1.25 percent compared to AED18.147 in December 2023. The UAE’s gold reserves significantly ...

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AI is breaking barriers and boosting access to healthcare, says MBZUAI

ABU DHABI / WAM Artificial intelligence (AI) could play a key role in extending health services to underserved and vulnerable communities, by revolutionizing prevention and diagnosis, and helping develop bespoke medicines while expanding access to care. With the costs of healthcare coverage continuing to rise and environmental issues such as climate change and air pollution exacerbating community health issues, millions ...

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Asian shares mostly rise cheered by Wall Street finish

TOKYO / WAM Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year, Associated Press (AP) reported. Japan’s benchmark Nikkei 225 rose 0.8 percent to 39,773.14. Sydney’s S&P/ASX 200 rose 0.5 percent to 7,817.30. South Korea’s Kospi added 1.3 percent to 2,742.00. Analysts say Taiwan Semiconductor Manufacturing ...

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