by Priyanka Sharma | September 16, 2024 | Aviation, News, weather
As the financial hub of Shanghai mops up the mess and chaos created by Typhoon Bebinca, airline carriers Emirates and Etihad have issued travel updates as flights have been impacted by the typhoon. Emirates notified passengers of delayed flights and said that affected...
by Vasu Jit Kalia | September 16, 2024 | Real Estate
Founder of Sobha Group, PNC Menon, made an announcement that Sobha is venturing into jewelry and furniture sectors as he plans to double the group’s turnover to $10 billion over the next five years. The architect of the iconic luxury realty brand, who recently...
by Jibran Munaf | September 16, 2024 | Technology
The Dubai International Financial Centre (DIFC) has launched a first-of-its-kind AI License aimed at attracting more companies to Dubai, positioning the emirate as a global leader in artificial intelligence and emerging technologies. In addition to the AI License,...
by Jennifer George | September 13, 2024 | Industry, News, Technology
MGX, a UAE-owned technology investment company, has entered talks with OpenAI to explore potential funding prospects in the AI giant’s recent multibillion-dollar fundraising round. The Wall Street Journal spoke to sources close to the matter, who emphasized...
by Jibran Munaf | September 13, 2024 | Corporate Finance, Technology
OpenAI is reportedly in discussions with investors to raise $6.5 billion in new funding at a pre-money valuation of $150 billion, according to sources cited by Bloomberg. This figure marks a significant jump from the AI company’s last reported valuation of $86...
by Priyanka Sharma | September 13, 2024 | Aviation, Industry, News
In a fresh headache for the embattled planemaker, workers at Boeing’s U.S. West Coast factory voted to strike for higher pay, halting production of the planemaker’s strongest-selling jet This adds to a long list of woes for Boeing which is currently...
