Bloomberg Ford Motor Co. shares tumbled the most in four months after the carmaker missed earnings expectations, blaming poor execution and continued supply shortages. The results show Ford is struggling to balance the transition to electric cars from combustion vehicles. The company is counting on strong sales of gas-burning F-Series pickups and Bronco sport utility vehicles to help foot ...

  Bloomberg Alphabet Inc.’s Google has invested almost $400 million in artificial intelligence (AI) startup Anthropic, which is testing a rival to OpenAI’s ChatGPT. Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google’s cloud computing services. The deal marks the latest alliance between a tech giant and an AI startup ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Mohammed Shiaa’ Al Sudani, Prime Minister of Iraq, discussed on Friday, in a telephone conversation, the relations, various aspects of cooperation and joint work between the two countries, and ways of developing them to achieve their common interests. President His Highness Sheikh Mohamed and the ...

  Dubai / WAM The Dubai Health Authority (DHA) on Friday signed a memorandum of understanding with Trends Research and Advisory (Trends) during Arab Health 2023, to collaborate on several research projects, studies and polls relating to the health sector in the emirate. The MoU was signed by Fatima Abbas, CEO of Strategy & Corporate Development Sector at the DHA ...

Mexico City / WAM The Ministry of Foreign Affairs and International Cooperation has coordinated a high-level economic delegation visit to Mexico. The economic delegation, which was headed by Ahmed Ali Al Sayegh, Minister of State, explored investments and commercial opportunities to enhance cooperation between the UAE and Mexico in the fields of food security, technology, infrastructure, and industrial development. The ...

  Dubai / WAM A total of 2,157 real estate transactions worth over AED9 billion were conducted during the week ending February 3, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that 237 plots were sold for AED1.56 billion, with an additional 1,920 apartment and villa sales recorded totalling AED5.77 billion. Ranking first in ...

  Dubai / WAM Drydocks World, a DP World company, and Aker Solutions have formed a joint venture (JV) to upgrade a Floating Production Storage and Offloading (FPSO) vessel for the Rosebank oil and gas field in the UK. The new joint venture combines the complementary strengths, resources, and experience of Drydocks World’s leading marine and offshore services with Aker ...

Dubai / WAM The Dubai Health Authority (DHA) on Friday signed a memorandum of understanding with Trends Research and Advisory (Trends) during Arab Health 2023, to collaborate on several research projects, studies and polls relating to the health sector in the emirate. The MoU was signed by Fatima Abbas, CEO of Strategy & Corporate Development Sector at the DHA and ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Catherine Colonna, French Minister of Europe and Foreign Affairs. During the meeting, which took place in Abu Dhabi, the two sides discussed their relations and available opportunities for widening their cooperation, under the framework of strategic partnership between the ...

Abu Dhabi / WAM Shaikh Abdullah bin Bayyah, Chairman of the UAE Fatwa Council and Head of the Abu Dhabi Forum for Peace, praised the UAE’s leadership for promoting the values of peace, tolerance, and compassion globally, making it a global example. In his statement on the occasion of the annual International Day of Human Fraternity on February 4, Shaikh ...