ABU DHABI / WAM The Mohamed bin Zayed University for Artificial Intelligence (MBZUAI) is implementing many research projects in healthcare to address various challenges in the sector using artificial intelligence (AI) and improving the accuracy and efficiency of healthcare services for the benefit of patients and society. In conjunction with World Malaria Day, which falls on April 25, MBZUAI is ...
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ERC’s humanitarian programmes worth AED10.8 billion benefit over 228 million people in 15 years
ABU DHABI / WAM The Emirates Red Crescent (ERC) has announced that its humanitarian programmes, relief operations, development projects, orphan sponsorships, and reconstruction programmes both within and outside the UAE have benefitted over 228 million people in 128 countries, with a total value of AED10,888,940,285 over the past 15 years. The ERC’s local programmes, activities, and projects across several vital ...
Read More »Biden launches 2024 reelection campaign
BLOOMBERG President Joe Biden formally announced that he would seek reelection in 2024, readying a historic campaign against a Republican field dominated by his predecessor while economic uncertainty clouds his case for a second term. Biden, 80, implored voters to let him “finish this job†he began when he took office and put aside any worries about his age. He ...
Read More »BofA, JPMorgan say time to sell as Europe stocks face risks
BLOOMBERG The rebound in European equities since mid-March has failed to win over strategists, who predict that the sustained campaign of central-bank interest rate hikes will stall the rally. They are sticking to their gloomy outlook for the rest of 2023, unconvinced by a 10% advance in the Stoxx Europe 600 so far. The benchmark index is set to fall ...
Read More »Tiny IPOs deliver big gains in S Korea’s hot stock market
BLOOMBERG Excitement over electric vehicles and other technology has made South Korea’s stock market one of the world’s best performers in 2023 — and its initial public offerings (IPOs) are doing even better. The 28 stocks that have listed in Seoul this year to date are up by a weighted average of 47% from their IPO prices. That’s ahead of even ...
Read More »Arada completes 114 homes in villa community at Aljada
SHARJAH / WAM Arada announced it has begun handing over 114 townhouses and semi-detached villas in the Sarab 2 garden villa community at Sharjah megaproject Aljada. The two Sarab communities feature the only villas and townhouses in the Aljada masterplan. All homes at Sarab come with smart home features as standard and a cooker, hood and washing machine/drier installed. Spread ...
Read More »Emirates Mars Mission unveils new observations at EGU23
DUBAI / WAM The Emirates Mars Mission (EMM), the first interplanetary exploration undertaken by an Arab nation, has unveiled a series of unique and ground-breaking observations of Mars’ smaller moon, Deimos, using all three of its science instruments to ‘advance our fundamental understanding’ of Mars’ most mysterious moon and its larger companion, Phobos. The new observations challenge the longstanding theory ...
Read More »Ewec leads energy sector decarbonisation goals
ABU DHABI / WAM Emirates Water and Electricity Company (Ewec) has increased its supply of clean, sustainable energy to Abu Dhabi and the Northern Emirates from 60% to over 80% in a remarkable achievement. At the end of last year, Ewec supplied 8.6 GW of energy from renewable solar and nuclear energy sources. This success is attributed to Ewec’s rapidly ...
Read More »AD Ports group’s digital arm buys TTEK for $26.7 million
ABU DHABI / WAM Maqta Gateway, AD Ports Group’s digital arm, on Monday announced the acquisition of TTEK Inc, a developer of border control solutions and customs systems, to reinforce its market position as a leading digital trade and holistic Single Window solution provider. The total purchase consideration for the acquisition (enterprise value) of 100% ownership amounts to $26.7 million ...
Read More »UAE leaders wish Mohammed Shahabuddin on his inauguration as President of Bangladesh
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mohammed Shahabuddin on the occasion of his taking the oath as the President of Bangladesh. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...
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