Banque Misr, the second-largest state-run lender in Egypt, has announced its intention to launch a new real estate investment fund worth EGP 500 million, as reported by Asharq Business on July 24th. According to unnamed sources familiar with the matter, the fund is set to be introduced during the first quarter of 2024, with a […]
Embarking on a well-planned vacation can be an exciting and enriching experience. However, unforeseen health complications can quickly turn a dream trip into a nightmare, especially when in a foreign land without access to necessary medication or insurance. Recognizing the potential risks associated with travel-related illnesses, healthcare professionals in the UAE emphasize the importance of […]
Pakistani boxing sensation Mohammad Waseem’s highly anticipated title fight in the United Arab Emirates (UAE) has hit a major roadblock as his Dubai visa application has been rejected just days before the scheduled bout on July 22. The star boxer, a three-time WBC flyweight world silver champion, is set to face off against four-time world […]
Abu Dhabi National Oil Company (ADNOC) has announced that Burjeel Holdings, a leading UAE healthcare provider, will take full operational responsibility for one of the largest ADNOC-owned healthcare facilities in the country. The move aims to enhance healthcare accessibility for ADNOC employees, their families, and the broader community in the Al Dhafra and Al Ruwais […]
In a groundbreaking development, Sam Altman, the Chief Executive Officer of OpenAI, has unveiled Worldcoin, an ambitious project aimed at creating a unique digital identity through eyeball scanning. The project, which has been in the works for several years, seeks to address the challenge of distinguishing humans from AI online by verifying users’ identities through […]
Cerebras Systems, a leading AI technology company, and G42, a prominent UAE-based technology holding group, have made a groundbreaking announcement in the world of artificial intelligence. Together, they have introduced the Condor Galaxy, an innovative network of nine interconnected supercomputers that is set to be the world’s largest AI supercomputer. The Condor Galaxy represents a […]
Dubai, UAE: Seventeen-year-old Vansh Gadhia, a student at Dubai College in the UAE, has been named in the prestigious top 50 Global Student Prize 2023 shortlist. Selected from nearly 4000 applications spanning 122 countries, Vansh Gadhia stands out for his exceptional achievements in international debating, speaking, mathematics, and coding competitions, as well as his dedication […]
Abu Dhabi’s real estate sector experienced a substantial surge in foreign direct investment (FDI) during the first half of 2023, with total investments reaching Dh834.6 million.
United Arab Bank (UAB) has announced its financial results for the six months ended June 30, 2023, reporting a net profit of AED 120.5 million. This figure represents a significant increase of 45 percent compared to the net profit of AED 83.3 million achieved in the same period in 2022. The growth in net profit […]
UAE’s Thriving Fitness Culture Despite Scorching Summers