by Jibran Munaf | September 17, 2024 | Finance, Market Commentary, Markets
The Federal Reserve is expected to announce a substantial rate cut at its meeting this Wednesday, with market sentiment increasingly favoring a 50 basis-point reduction. This marks a significant shift from last week when the probability of a larger cut was only 14%....
by Jibran Munaf | September 16, 2024 | Expert Analysis, Technology
Gartner, Inc. forecasts that 40% of generative AI (GenAI) solutions will be multimodal—handling text, images, audio, and video—by 2027, a sharp increase from just 1% in 2023. This transition from single to multimodal models is expected to enhance human-AI interaction...
by Jibran Munaf | September 16, 2024 | Lifestyle
The UAE ACTVET team has delivered an outstanding performance at the WorldSkills Lyon 2024, securing 10 medals and placing the UAE first in the Middle East and Africa and ninth globally. Competing against over 1,300 participants from 66 countries, the team took home...
by Jibran Munaf | September 16, 2024 | Finance
Saudi Arabia’s Fourth Milling Company (MC4) has officially kicked off investor orders for its highly anticipated initial public offering (IPO), aiming to raise up to $228.9 million (SAR 859 million). The offering is set to capitalize on the region’s strong...
by Jibran Munaf | September 16, 2024 | Lifestyle
Sweet-toothers, rejoice! The world’s first-ever Museum of Candy is coming to Dubai, ready to indulge your sugary cravings with a whimsical, immersive experience. Although the official opening date and location are still under wraps, the museum has already captured the...