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Thursday, Feb 8

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G42, the UAE’s AI leader tops agenda at World Governments Summit

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UAE-based G42 and its Portfolio Companies are expected to lead conversations on AI alongside global leaders

National ICV Program heralds next phase in UAE’s industrial development story with a new identity

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The achievements surrounding the National ICV Program underscore the success of Operation 300bn in powering the country’s industrial sector and economic self-sufficiency

Emirates Health Services organizes "Let’s Talk Innovation" symposium to discuss the importance of innovation in health care

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With the participation of experts, representatives of research institutions, universities, technology companies and medical institutions

Etihad Airways takes flight as official sponsor of Chennai Super Kings

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The partnership was revealed during a special ceremony held in CSK’s home city of Chennai

PwC Middle East in Egypt hosts its annual tax and legal seminar

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Discussing Tax transformation and regulatory changes in Egypt

Commercial Bank International and Fuze sign breakthrough digital assets MoU

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Collaboration will support the development of products to address the burgeoning demand for cryptocurrency services in the UAE

Nissan reports third quarter results for fiscal year 2023

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For the first nine months of the fiscal year, consolidated net revenue was 9.171 trillion yen, consolidated operating profit was 478.4 billion yen, and the operating profit margin was 5.2%. Net income1 for the nine months was 325.4 billion…

Saudi Tadawul Group signs a cooperation agreement with Bahrain Bourse

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The Agreement focuses on strengthening connectivity and integration between Saudi Tadawul Group and Bahrain Bourse, with a keen emphasis on developing the infrastructure boost liquidity in both markets

UAB delivers 65% growth in FY 2023 net profits

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The growth in net profit results from improved operating performance and lower expected credit losses, coupled with disciplined cost management.

Israeli destruction to make Gaza 'buffer zone' a 'war crime': UN

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In a statement, Volker Turk pointed to reports that the Israeli military is working inside the Gaza Strip to destroy all buildings within a kilometre of the border fence with Israel

India's Aster DM posts first quarterly profit rise in five quarters

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Consolidated net profit for the third quarter rose 28.6% to 1.79 billion rupees ($21.6 million), the company said on Thursday

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US weekly jobless claims fall slightly more than expected

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The report from the Labor Department on Thursday also showed unemployment rolls shrinking a bit in late January after swelling to a two-month high earlier

Egypt to announce new, multi-billion dollar projects

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Investments in the project could eventually exceed $22 billion and include participation from Egypt's government and private sector

Biden to host Jordan king to discuss Gaza: White House

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The two leaders would "discuss the ongoing situation in Gaza and efforts to produce an enduring end to the crisis," Press Secretary Karine Jean-Pierre said Thursday in a statement

Dubai Frame launches new VIP tickets; price, benefits revealed

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Dubai Frame, which opened in January 2018, has attracted more than 5.5 million visitors

Saudi Arabia to hire Goldman, Citi, HSBC for Aramco share sale - Bloomberg News

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The state oil company is also in talks with other banks as it pulls together a roster of advisers, the report said, adding that the offer may come in the next few weeks

Gold subdued as traders seek more Fed cues; palladium extends slide

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Spot gold fell 0.4% to $2,026.39 per ounce, as of 1230 GMT. U.S. gold futures lost 0.5% to $2,041.10 per ounce

Stocks stay strong, BOJ caution trips yen

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Europe, where stocks are up nearly 15% since November, enjoyed a solid morning as fractional gains in London, Frankfurt, Paris and Milan kept MSCI's main 47-country world index at an almost two-year high

Cnexia earns the Best Places to Work certification in Morocco for 2024

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The employees were highly satisfied with their employment experience, specifically on aspects that are crucial for organization to excel: employee engagement, agility, engaging leadership and talent development

Iraq's central bank revokes Iran's Bank Melli operating licence

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Bank Melli Iran did not immediately respond on Thursday to a Reuters request for comment on the contents of the document, which was dated Jan. 31, 2024

Tamkeen service centers at Seef Mall and BCCI recognized again with Taqyeem Gold Classification

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The award is a culmination of 17 years of hard work and achievement by Tamkeen in support of national prosperity

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Pakistan counts votes in poll hit by violence and suspended mobile services

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The vote was held as the South Asian country struggles to recover from an economic crisis while it grapples with rising militant violence in a deeply polarised political environment

Emaar’s profit increased by 70% and property sales increased by 15% reaching AED 40.3bln

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Emaar's property sales backlog reached AED 71.8 billion(US$ 19.5 billion), to be recognised as revenue in the coming years

UAE President receives written message from King of Spain

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The message was received by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court