Shares in Apple gained 2.4 per cent on Tuesday as investors predicted a surge in iPhone sales. Samsung, the computer giant’s main rival in the smartphone market, was forced to issue a massive product recall earlier this month. Batteries in dozens of Galaxy Note 7 handsets have caught fire; in one case injuring a six-year-old boy. Apple has gained AED 99 billion in market value since last Friday, while Samsung stock has fallen AED 80 billion over the same period.
Chad advisor calls for direct flights from UAE
The Advisor for Telecommunications, Digital Economy and Digitalisation of the Administration to the Prime Minister of Chad has expressed his country's interest in collaborating with Emirati airlines, regarding direct flights between the two countries.
Roblox expands into Middle East with Arabic support
Roblox is making a significant push into the Middle East by introducing Arabic-language support, aimed at making the popular gaming platform more accessible to millions of users in the region.
UAE economy set for 5-6% growth in 2025, says minister
Abdullah bin Touq Al Marri, the UAE's Minister of Economy, has forecast a 5 to 6% growth for the national economy in 2025.
World Bank forecasts 3.4% growth for Gulf economies
The World Bank projects the economic growth rate of Gulf countries will reach 3.4 per cent in 2025, rising to 4.1 per cent in 2026, compared to an expected 3.3 per cent growth rate for the Middle East and North Africa (MENA) region as a whole.
UAE President issues AI Council resolution
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a resolution toreconstitute the Artificial Intelligence and Advanced Technology Council (AIATC), chaired by His Highness Sheikh Tahnoon bin Zayed Al Nahyan.
