Business from Tuesday, May 23rd, 2023

Microsoft on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud services.

Three new clauses related to corporate tax have been announced by the UAE Ministry of Finance, clarifying exemptions on private pensions, social security and participation, and accountancy methods.

The UAE and Malaysia are set to start discussions on establishing a Comprehensive Economic Partnership Agreement (CEPA) between the two countries.

In a bid to enhance user experience, WhatsApp, the messaging platform owned by Meta, is rolling out a new update that will allow users to edit sent messages.

President Joe Biden and US House Speaker Kevin McCarthy could not reach an agreement on Monday on how to raise the US government's $31.4 trillion debt ceiling with just 10 days before a possible default that could sink the US economy, but have vowed to keep talking.