Category: Business

Britain announced on Wednesday that it had signed a tripartite agreement with the United States and Australia to enhance strategic cooperation and address risks that threaten vital supply chains.

The British Department of Business and Trade (DPT) sa…

Gold prices steadied on Wednesday, as investors keenly awaited the US inflation data for hints on the size of the Federal Reserves potential interest rate cut next week.

Spot gold held its ground at $2,518.22 per ounce, while gold futures rose 0.2% t…

DUBAI: Abdallah Abu-Sheikh, Founder of Astra Tech and CEO of Botim, said that AI is projected to have a transformative impact on the UAE’s economy, contributing up to 14% of its GDP by 2030, which is equivalent to approximately $100 billion (AED367 bi…

Chancellor Rachel Reeves confirmed an eight billion Pound Sterling (USD 10.4 billion) investment from Amazon Web Services, which is estimated to support thousands of jobs across the UK Treasury statement said The Chancellor secured the planned five-y…

DUBAI: Hyperfusion, a company specialising in high-performance computing and generative AI solutions across the GCC, is committed to fostering a secure and supportive environment for UAE companies to leverage the power of AI through advanced digital i…

Abu dhabi: The Central Bank of the UAE (CBUAE) and the Scholarship Office at the Presidential Court, in collaboration with the Emirates Institute of Finance, have announced the launch of a Bachelor Programme in Actuarial Science in the UAE.

The annou…

Chancellor Rachel Reeves confirmed an eight billion Pound Sterling (USD 10.4 billion) investment from Amazon Web Services, which is estimated to support thousands of jobs across the UK Treasury statement said The Chancellor secured the planned five-y…

China’s central bank announced it will conduct seven-day reverse repos worth 210 billion yuan (about $29.5 billion) at an interest rate of 1.7 percent.

The move aims to maintain reasonable and ample liquidity in the banking system, Xinhua news agency…