Abu Dhabi’s state-backed AI investment company MGX is in early-stage discussions to invest in OpenAI’s ambitious chip venture, a media report said on Friday.
UAE: Burjeel offers Dh2 million medical aid for Gazan children, opens recreational project
The humanitarian aid is part of the healthcare group’s continuous efforts to bolster the medical facilities at the Rafah border …
UAE bourses track global equities lower
Stock markets in United Arab Emirates declined on Friday, in line with global equities after a bigger-than-expected hike in U.S. inflation dashed hopes of early rate cut.
Dubai real estate investment guide 2024
As we usher in the new year, the Dubai real estate market continues to shine as a beacon of opportunity, beckoning investors with promises of lucrative returns. Whether you’re a seasoned investor or a …
Dubai Can move cuts single-use plastic water bottle usage by 18m since its launch
With the support of its partners and sponsors, Dubai Can has placed 50 public water stations in strategic locations across the city, including parks and popular tourist destinations. These stations …
Building on 5G network and services innovation will drive future growth, say operators
Huawei’s pre-show industry forum at MWC2024 in Barcelona, under the banner of the 5G Beyond Growth Summit, provided a platform for key executives from the ICT industry to share their experiences of 5G …
UAE communications giants bring satellite tech to standard smartphones
UAE phone users will be handed a communications boost after firms have teamed up to bring satellite connectivity to standard mobile phones. Al Yah Satellite Communications Company (Yahsat), the UAE’s …
Revelations Link FBI Informant Smirnov to Company with Trump Associates in Dubai
A n American company that paid the now-indicted FBI informant Alexander Smirnov is connected to a UK company with shareholders linked to Donald Trump associates in Dubai, raising …
Foloosi, Meta Mechanics and Best Safe Driver Management discuss strategic partnerships and customer-centric growth in UAE
In a significant move towards fostering collaboration and innovation within the UAE’s thriving business ecosystem, Foloosi, a leading fintech startup, has extended an invitation to the management …
Abu Dhabi’s New Autonomous Racing Series Will Help Keep Future Drivers Safe Behind The Wheel
Since the automobile’s earliest days, racing has been the catalyst for innovation in the industry. That’s the goal of the Abu Dhabi Autonomous Racing League (A2RL)—to drive technological innovation …
OpenAI’s New Friend? Abu Dhabi’s Investment Firm MGX Eyes Chip Collaboration: Report
A newly established investment firm in Abu Dhabi is reportedly in discussions to back OpenAI‘s chip ambitions. MGX, which is state-funded and just launched, is chaired by Sheikh Tahnoon bin Zayed …
Parkin’s $429m IPO oversubscribed 165 times
Parkin’s IPO was oversubscribed 165 times, the parking company said in a statement, after it increased the number of shares allocated to retail investors on robust investor demand and oversubscription …
Telegraph Buy-Over: Jeff Zucker Looks To Replace Abu Dhabi Cash To Sidestep Government Bid To Block Deal
Jeff Zucker is leading the buy-over deal. (AP Photo/Paul Sancya) Former CNN chief Jeff Zucker is reportedly looking to court US investors to replace the £600 million worth of Abu Dhabi sovereign …
Revealed: Visa-free countries for UAE residents looking to book last-minute getaways this spring term break
Ayoub El Mamoun, Skyscanner Travel Expert, invites families and adventure seekers alike to explore these captivating visa-free destinations …
Dubai’s Sheikha Hind launches drive to distribute five million means during Ramadan
Sheikha Hind bint Maktoum, wife of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Tuesday launched a campaign that aims to give five million meals to families in need this …
Dubai World Trade Centre (DWTC) Achieves Remarkable Milestone With 2.47 Million Visitors In 2023, Driven By Surge In International Attendance
GITEX Global expanded to a city-wide scale, with Expand North Star serving as a satellite event, held at Dubai Harbour, a strategic move to accommodate the event’s unprecedented growth. The world’s …
Abu Dhabi’s ADIA explores investment in India’s Pocket FM, sources say
Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TechCrunch, as the Indian audio-storytelling platform …