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...“And this decision reflects confidence by our company in the UAE as a country, in G42 as a company, and in Peng as its CEO.”...
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...Omar Sultan al Olama, the UAE’s AI minister, said more than 1,000 companies with a focus on AI were now operating in the Gulf state....
...private investment company Chimera chief executive Seif Fikry....
...The companies said they co-ordinated closely with governments of both the US and United Arab Emirates, which has vaulting AI ambitions, spearheaded by powerful Emirati royal Sheikh Tahnoon bin Zayed al-Nahyan...
...Investors are also pushing for more transparency over companies’ exposure to nuclear weapons development....
...But the biggest short-term impact has come from a $35bn deal with the United Arab Emirates to buy development rights of prime land on Egypt’s Mediterranean coast in the Ras al-Hekma area....
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
...The International Energy Agency has said a brake on new oil, gas and coal development is needed to reach net zero emissions by 2050....
...Solid-state battery technology for electric cars is still years away from commercialisation with “a lot of showstoppers” blocking its development, said the head of the Chinese company that dominates the...
...The additional capital “will provide crucial impetus to businesses at various stages of development around the world, while also contributing to Aramco’s own long-term objectives”, he added....
...Utility companies often sell stakes in their facilities after the initial development stage but Masdar’s recent large investments show it is taking an active role in the development of wind farms....
...The holding company was in turn owned by Salman Dawood Salman al-Ameri and Sheikh Mohammed bin Khalifa bin Zayed Al Nahyan....
...But increasing commercial revenues as well as match-day takings is vital to enable clubs to invest in training facilities and youth development....
...Additional reporting by Ahmed Al Omran...
...Al Cook, chief executive of De Beers, the world’s largest diamond miner by value, said Chinese demand had been dragged down by a fall in the number of new homeowners, a shift towards consumers buying gold...
...The World Health Organization this month estimated that about 6 per cent of those who contract the disease end up with long Covid, defined as the continuation or development of symptoms three months after...
...The franchise’s president, Al Guido, is also fixed on another goal: making it one the most financially successful teams in the league....
...But for many in the Telegraph newsroom, the developments meant further uncertainty about their jobs. Another months-long sales process lies ahead....
...Its announcement came after one of its container ships, the Al Jasrah, was attacked while sailing close to the Yemen coast on Friday....
...Announcing the deal, Jaber, who is also head of the Abu Dhabi National Oil Company, said: “We have language on fossil fuels in our final agreement for the first time ever . . ....
...The coups show a disenchantment with democracy, which, gamed by political elites, has largely failed to bring development and opportunity....
...Sultan al-Jaber, president-designate of COP28 and the head of the UAE’s state-owned oil company, has spoken repeatedly about the need to reduce emissions rather than production....
...And when Sultan Al-Jaber says the fossil fuel companies should collaborate with policymakers to advance progress, not impede progress, who is he kidding? Do they take us for fools?...
...After a two-day visit to the United Arab Emirates, Modi is set to hold bilateral meetings with Qatari emir Sheikh Tamin bin Hamad al-Thani in Doha on Wednesday, India said....
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