artificial intelligence

UAE’s real GDP to grow 4 percent in 2024: IMF

UAE's oil GDP is also expected to expand this year as OPEC+ output cuts ease

UAE’s ADNOC Drilling secures $1.69 billion contract to develop 144 unconventional wells

To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries

Mubadala’s assets under management rise 9.45 percent to $300 billion in 2023

Company's diverse ventures generated total proceeds of AED99 billion in 2023

Qatar announces $2.47 billion AI incentive package

Arab AI project 'Al-Fanar' launched to develop Arabic large linguistic models

Qatar, U.S. trade exchange rises to $6.47 billion in 2023

Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors

ADNOC Distribution’s earnings grow 18 percent to $248 million in Q1 2024

Excluding the corporate tax impact, net profit saw a robust 13 percent year-on-year increase to $165 million

Abu Dhabi’s Presight, ADNOC acquire controlling stake in AIQ

The deal aims to expedite AI innovation, cultivate cutting-edge energy and industry solutions

29 percent of organizations deployed GenAI as leading AI solution, reveals new survey

25 percent of companies utilize customized GenAI models for specific use cases

$35 billion Al Maktoum airport expansion, commercial transport strategy to propel Dubai’s growth: Sheikh Hamdan

Commercial Transport Strategy 2030 aims to double sector's contribution to Dubai's economy to AED16.8 billion

Dubai’s ATM 2024: Sustainability and technology take center stage

During the event, the Market Insights Summit explored emerging markets (China, India, Latin America) as significant players in global tourism

UAE is on the path to becoming the AI capital of the world

As Sam Altman once said, the country has been ‘talking about AI since before it was cool’

Driving economic growth through technology

Harnessing Artificial Intelligence (AI) to combat global economic disruptions and achieve sustainable progress

Microsoft to commit $2.2 billion investment for cloud, AI services in Malaysia

The move will strengthen Malaysia's global AI development support

ADNOC, G42, Presight forge new partnership to leverage AI solutions in energy sector

Partnership aims to deliver value and operational efficiencies to ADNOC, G42, Presight, and the UAE

Saudi Arabia’s ICT spending to reach $37.5 billion in 2024

According to experts, the Kingdom is the region's fastest-growing IT market

Dubai’s DMCC hosts trade roadshow in Japan to drive growth in Web3, AI and gaming

DMCC is home to 83 Japanese companies, constituting over 24 percent of Japanese firms in the country

Egypt, Italy to establish AI hub in Cairo to serve Africa

Egypt's strategic location positions it as a key partner in AI development in Africa

Google and Meta unveil their Nvidia challengers

Custom AI chips can give Nvidia headaches

Dubai announces global AI prompt engineering championship with over $272 million prize pool

The competition seeks to showcase AI's future skills, attract top talents

Japan to commit $468.5 million to build supercomputers for domestic AI development

Japan’s ministry aims to promote domestic development of GenAI by upgrading the country's computing infrastructure

Global Ventures’ Dr. Tariq Bin Hendi on key sectors shaping UAE’s economy

Sectors such as finance, property development and tourism continue to drive the UAE's non-oil economy

Abu Dhabi’s Masdar City CEO reveals $1 billion in design phase projects targeting key sectors

These projects target critical sectors such as energy, AI, space, life sciences, and agriculture