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SINGAPORE / WAM Asian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation readings at the end of the week for further clues on the future path of monetary policy, Reuters reported. The dollar rode US Treasury yields higher while commodity prices ...
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May, 2024
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30 May
Khaled bin Mohamed bin Zayed offers condolences on passing of Saeed bin Ahmed Al Otaiba
ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has offered his condolences on the passing of Saeed bin Ahmed Al Otaiba, at the majlis of Dr Mana Saeed bin Ahmed Al Otaiba, in Al Manhal, Abu Dhabi. His Highness expressed his deepest sympathies to the family for ...
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30 May
MBZUAI launches large language model ‘K2-65B’
ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), in collaboration with Petuum and LLM360, has launched “K2-65B”, a ground-breaking open-source 65-billion parameter large language model (LLM). K2 sets new standards in transparency and performance for open-source artificial intelligence (AI) by providing a blueprint for documenting and studying the full lifecycle of LLMs, including all reproduction details. ...
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30 May
Rashed bin Humaid leads UAE delegation at GCC Olympic Committees’ meeting in Doha
DOHA / WAM Sheikh Rashed bin Humaid Al Nuaimi, Vice President of the National Olympic Committee (NOC), led the UAE delegation to the 36th meeting of Presidents of GCC National Olympic Committees, hosted by Qatar in Doha. During the meeting, the attendees adopted several recommendations from the General Secretariat, urging Gulf NOCs to increase specialised sports courses and workshops to ...
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30 May
Adio, Khazna partner to boost Abu Dhabi’s data economy
ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Investment Office (Adio) has collaborated with Khazna Data Centres (Khazna) to boost Abu Dhabi’s data economy and strengthen its position as a hub for technology and innovation. Khazna will build an advanced data centre in Mafraq, Abu Dhabi, with an initial capacity of 30MW, leveraging government-owned land as part of a ...
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30 May
Presidents of UAE and China witness exchange of MoUs, agreements
BEIJING / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Xi Jinping, President of the People’s Republic of China, witnessed on Thursday a ceremony to announce, exchange, and sign several agreements and memoranda of understanding (MoUs) between the UAE and the People’s Republic of China, across a range of cooperation areas. The ceremony took ...
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30 May
Sharjah Ruler approves new phase of medical insurance plan
SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved a new phase of the medical treatment insurance plan for the citizens of Sharjah. The Sharjah Ruler has authorised the provision of medical treatment at the University Hospital for citizens aged between 50 and 55, totalling 5,000 beneficiaries, with an ...
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30 May
CNPC ETRI launches the Oil and Gas Industry Development Report in Dubai
DUBAI / GULF TIME CNPC Economics & Technology Research Institute (or “ETRI”, a China Top Think Tank), launched the report Oil and Gas Industry Development in Dubai. Centering on the topic of “Adjustments in the Oil and Gas Industry”, ETRI provided its insights into the development trends in the oil and gas industry and exploring investment and cooperation opportunities amid ...
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30 May
Presidents of UAE and Republic of Korea discuss opportunities to strengthen Special Strategic Partnership in Seoul
SEOUL/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Yoon Suk Yeol, President of the Republic of Korea, met in Seoul today to explore opportunities to build upon the Special Strategic Partnership between the UAE and Republic of Korea and expand bilateral cooperation across various fields. The two leaders also discussed regional and international ...
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29 May
Joyalukkas unveils new showroom in Dallas, US, with irresistible offers
DALLAS/ GULF TIME Joyalukkas, the renowned global Jewellery brand, proudly held the grand inauguration of its first showroom in Dallas on May 26. Esteemed dignitaries Susan Fletcher – County Commissioner, Tony Singh – Deputy Mayor and Tammy Meinershagen-Councilwoman, attended the ceremony in the presence of Joy Alukkas, Chairman of Joyalukkas group. Speaking about the new showroom, Joy Alukkas stated, “Dallas ...
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