ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and Etihad Airways have signed a Memorandum of Understanding (MoU) to jointly develop initiatives and conduct research into how AI could transform key aspects of the nation’s integral aviation sector. The move aligns with the university’s commitment to enhancing AI competitiveness across vital sectors, including aviation and logistics ...
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ZHO announces Deaf Youth Council formation
ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO), in collaboration with the UAE Deaf Association, has announced the establishment of the Deaf Youth Council, marking a significant milestone in empowering people of determination and showcasing their immense capabilities and potential in contributing to societal growth and development. The formation of the Deaf Youth Council aligns ...
Read More »UAE leaders congratulate President of Venezuela on Independence Day
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Nicolas Maduro of the Bolivarian Republic of Venezuela on his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour ...
Read More »Abu Dhabi Crown Prince launches Childhood Insights Lab
ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has launched the Childhood Insights Lab in Abu Dhabi in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Early Childhood Authority. The pioneering new ...
Read More »BYD unveils new premium SUV in push for EV market dominance
BLOOMBERG BYD Co, China’s best-selling car brand, unveiled a new electric sport utility vehicle — the Denza N7 — at a glitzy event in a former factory in Beijing, stepping up its push into the premium sector. The model, which comes in six versions, has a starting price of 301,800 yuan ($41,680), which Morgan Stanley noted was pretty much in ...
Read More »Google set to hire ex-Apple executive as India policy head
BLOOMBERG Alphabet Inc’s Google is set to appoint a manufacturing and policy veteran as its top government affairs executive in India to tackle legal challenges and expand hardware assembly to the country. Sreenivasa Reddy, currently a senior engineering executive at Microsoft Corp, is likely to join Google towards the end of this year, people familiar with the matter said, asking ...
Read More »Mukesh Ambani bets on $12 phone to disrupt India’s old internet network
BLOOMBERG Billionaire Mukesh Ambani’s group announced an internet-enabled phone at an entry price of 999 rupees ($12) as the oil-to-retail conglomerate seeks to poach more budget device users from rivals to its growing consumer offerings. India’s No 1 wireless carrier Reliance Jio Infocomm Ltd will start beta trials for the first 1 million ‘Jio Bharat’ phones from July 7, according ...
Read More »Malaysia to simplify investment bodies to boost ease of business
BLOOMBERG Malaysia is working on streamlining the roles of its investment promotion agencies to improve the ease of doing business in the country and speed up business approvals, according to the Trade Minister Zafrul Abdul Aziz. The trade ministry’s goal is to provide investors with a “simple journey†by defining clear roles and responsibilities for each approving authority, Zafrul said ...
Read More »China restricts chipmaking metal export in clash with US
BLOOMBERG China imposed restrictions on exporting two metals that are crucial to parts of the semiconductor, telecommunications and electric-vehicle industries in an escalation of the country’s tit-for-tat trade war on technology with the US and Europe. Gallium and germanium, along with their chemical compounds, will be subject to export controls meant to protect Chinese national security starting from August 1, ...
Read More »Double-digit gains suggest turning point for Sri Lanka markets
BLOOMBERG Sri Lankan stocks surged as markets reopened following a three-day holiday, after a plan to revamp domestic debt eased concern over financial sector stability. The Colombo All-Share Index closed 6.7% higher, its biggest single-day gain in more than 15 months, led by financial shares. The Sri Lankan rupee advanced 0.6% to 305.01 per dollar. A 2027 Sri Lanka rupee ...
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