January, 2023

• 15 January

  Apple to begin making in-house screens in 2024

  

    Bloomberg Apple Inc is planning to start using its own custom displays in mobile devices as early as 2024, an effort to reduce its reliance on technology partners like Samsung and LG and bring more components in-house. The company aims to begin by swapping out the display in the highest-end Apple Watches by the end of next year, according ...

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• 15 January

  Jaguar owner to make electric vehicle battery cells in Europe

  

    Bloomberg India’s oldest conglomerate, Tata Group, is planning to set up electric vehicle cell-manufacturing operations in Europe as it tries to accelerate its British marque unit’s shift to battery-powered cars. Jaguar Land Rover (JLR) and Tata Motors will be the anchor customers for the facility, which will also sell battery cells to the wider market, Tata Motors Chief Financial ...

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• 15 January

  Intel rolls out design aimed at winning back server market share

  

    Bloomberg Intel Corp released chips with its delayed server design that are key to regaining control of one of the most lucrative markets in computing. Xeon processors based on the new Sapphire Rapids design are already in cloud-computing systems run by Alphabet Inc.’s Google and Amazon.com Inc.’s Amazon Web Services and are going on general sale in machines offered ...

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• 15 January

  Amazon game studios executive quits

  Bloomberg Another veteran executive is leaving Amazon.com Inc.’s video game division, which has struggled to produce big hits since it launched a decade ago. John Smedley, who has three decades of experience in the industry and ran Amazon Game Studios office in San Diego for six years, told staff that he’s stepping aside. Smedley joined Amazon in 2017 and worked ...

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• 14 January

  UAE’s Rashid Rover on track to reach Moon by end of April

  

    Dubai / WAM The Rashid Rover has successfully completed one month in space, travelling close to 1.34 million kilometers, the Mohammed Bin Rashid Space Centre (MBRSC) announced. The first Arab-built lunar rover designed and built in the UAE by a 100 percent Emirati team of engineers, experts, and researchers, lifted off on December 11, 2022 from Cape Canaveral Space ...

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• 14 January

  Oil set for weekly rise on China optimism, brighter US outlook

  

    Bloomberg Oil headed for a weekly gain, rebounding from a weak start to the year, on China’s improving demand outlook and cooling US inflation. West Texas Intermediate was steady near $79 a barrel, after advancing more than 6% this week. The Brent benchmark is poised for its strongest week since October. China is ramping up purchases of crude after ...

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• 14 January

  Sheikh Abdullah takes part in ‘Voice of Global South Summit’

  Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has participated via teleconferencing in the Voice of Global South Summit, which is being hosted by India as part of its Presidency of the Group of Twenty (G20), and the UAE being invited to participate as a guest country in the upcoming ...

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• 14 January

  UAE, Pakistan to boost strategic cooperation

  

  Abu Dhabi / WAM The UAE and the Islamic Republic of Pakistan affirmed their keenness to intensify consultations and coordination in order to strengthen their strategic partnership, with a view to developing tangible and meaningful bilateral cooperation in key areas. This came in a joint statement which the two countries issued on the occasion of the visit of Prime Minister ...

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• 14 January

  UAE, UK ink deal to boost strategic cooperation in energy sector

  

  Dubai / WAM The Ministry of Energy and Infrastructure signed a memorandum of understanding (MoU) with the Department for Business, Energy & Industrial Strategy in the United Kingdom of Great Britain and Northern Ireland. The memorandum aims to exchange information, knowledge, expertise and studies in the field of energy and promote it for the vital role it plays in sustainable ...

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• 14 January

  Dubai logs AED8.1b in weeklong realty deals

  

    Dubai / WAM A total of 2,574 real estate transactions worth over AED8.1 billion were conducted during the week ending January 13, according to figures released by the Dubai Land Department (DLD). The DLD data showed 221 plots were sold for AED 1.18 billion, while 1,889 apartment and villa purchases worth AED4.93 billion were made. The top three transactions ...

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