Tag: UAE

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UAE’s Ali Alhosani becomes first Emirati elected to senior IMF position

Business Editorial Desk -
Ali Alhosani has been elected as the Executive Director at the International Monetary Fund (IMF), marking a significant milestone as he becomes the first Emirati to assume this senior international role. The announcement was made by His Highness Sheikh Maktoum…

UAE leads AI investment surge with $678 million raised in H1 2026

Technology Editorial Desk -
The UAE has emerged as a leader in artificial intelligence investment, raising $678 million in the first half of 2026, marking an 81% increase year-on-year. This surge was highlighted at the Sharjah Investment Forum (SIF 2026), where industry leaders emphasized…

UAE leads global AI adoption with 70.1% integration across key sectors in 2026

Technology Editorial Desk -
The UAE has emerged as a global leader in artificial intelligence (AI) adoption, achieving a remarkable 70.1% integration rate across key sectors in 2026, according to Microsoft's Global AI Diffusion Report. This milestone positions the UAE as the first economy…

Deriv and BITS Pilani Dubai Campus sign MoU to enhance AI collaboration and talent development

Technology Editorial Desk -
Deriv.com and BITS Pilani Dubai Campus have formalized their collaboration through a newly signed memorandum of understanding (MoU) aimed at enhancing artificial intelligence (AI) initiatives and talent development. This partnership marks a significant shift from a focus on graduate recruitment…

UAE achieves historic best at Asian Games with seven gold medals, finishes 13th overall

Sports Editorial Desk -
The UAE has achieved its best-ever performance at the Asian Games, finishing 13th overall among 45 nations and securing a record seven gold medals. This historic achievement was celebrated by His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum,…
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Dubai’s RTA enhances marine transport with four new fourth-generation abras

Dubai News 0
Dubai's Roads and Transport Authority (RTA) has announced the addition of four new fourth-generation traditional abras to its marine transport fleet, enhancing the emirate's marine transport network. This initiative aims to improve operational efficiency and passenger experience, integrating marine transport…

Nasdaq Composite drops 5.5% as investors erase $2.5 trillion amid AI scrutiny fears

Business 0
The Nasdaq Composite experienced a significant decline of 5.5% on Wednesday, erasing approximately $2.5 trillion in market value. This drop is attributed to investor concerns over potential scrutiny of artificial intelligence (AI) infrastructure following the Democratic Party's substantial victories in…

Celtic rallies to defeat Besiktas 3-2 with late goals from Duran and Osmand

Sports 0
Celtic staged a remarkable comeback to defeat Besiktas 3-2 at Parkhead on Thursday, overcoming a 1-0 deficit with two late goals from substitutes Camilo Duran and Callum Osmand. The victory not only halted Celtic's losing streak in the Europa League…

UAE construction firms explore new partnerships at the 140th Canton Fair in Guangzhou

Real Estate 0
UAE construction firms are actively seeking new partnerships at the 140th Canton Fair in Guangzhou, which runs from October 15 to November 4, 2026. This significant event provides a platform for UAE buyers to connect with manufacturers, explore innovative products,…

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