United States

Stargate UAE, the largest AI campus outside U.S. launched by OpenAI, Oracle & Nvidia

The AI Campus will feature 5 gigawatts of capacity and innovative computing resources

OpenAI to acquire Apple designer’s startup for $6.5 billion to create new AI-powered computers

Move aims to leverage expertise for revolutionary products that reshape the tech landscape 

Bitcoin surges to new all-time high of $111,880 as investors shift to alternative assets

The asset secured a second record high within 24 hours, with a gain of almost 8 percent so far this week

Oil prices rise to $64.92 on supply disruption fears despite U.S. crude inventories uptick

Crude inventories rose by 1.3 million barrels to 443.2 million barrels in the week ended May 16, the EIA said

Dubai 24-carat gold prices rise AED3.5 as global rates hit two-week high

The U.S. dollar was hovering near a two-week low, making gold cheaper for other currency holders

Google unveils Gemini AI upgrades, Android XR smart glasses, and new subscription service

Android XR glasses combine augmented reality and AI, offering real-time interaction with the environment 

Qatar’s QIA to ramp up U.S. investments in AI, supply chains and industry, says CEO

The CEO also confirmed the QIA's interest in asset and portfolio management

Crude oil prices hit $66.4 amid fears of potential supply chain disruptions

Investors await upcoming U.S. oil stock data from the EIA later on Wednesday

Dubai 24-carat gold price climbs today AED2.5, global rates hit weekly highs as dollar dips

Spot gold rose by 0.2 percent, now above $3,303 an ounce, its highest level since May

DP World commits $2.5 billion to global port expansion across India, Africa, South America, and Europe

DP World's strategy focuses on creating a connected global platform for diverse logistics and services 

Make it in the Emirates: Abu Dhabi set for first eVTOL air taxi trials with Archer Aviation by end of 2025

A framework agreement with Abu Dhabi Investment Office will explore local eVTOL manufacturing opportunities 

China cuts benchmark lending rates for first time since October to stimulate economy

The Central Bank lowered one-year loan prime rate to 3.0 percent amid economic challenges