Economy
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Europe one step away from adopting AI Act after lawmakers’ vote
Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement…
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Number of vessels sailing around Africa up 85 pct on Houthi attacks in Red Sea
The number of vessels sailing around the southern tip of Africa is up 85 percent from the first half of…
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Abu Dhabi’s Lunate partners with JPMorgan for first UAE bond ETF
Abu Dhabi-based Lunate Capital Limited has partnered with JPMorgan Chase & Co. to build the first exchange-traded fund tracking the performance of…
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Innovative Airlander 10 airship in Britain prepares to take to skies
Britain’s innovative Airlander 10 airship could soon take to the skies to offer leisure passengers panoramic views and far less…
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Germany’s Scholz woos Asean nations in bid to cut China dependency
German Chancellor Olaf Scholz wants to deepen economic ties with Thailand, Malaysia and the Philippines as Europe’s largest economy looks…
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FAA audit finds dozens of issues in Boeing 737 MAX production: Report
The Federal Aviation Administration’s (FAA) audit of Boeing’s 737 MAX production process after a panel blew off on an Alaska…
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Xiaomi to deliver the SU7, its first EV, in March
Chinese electronics giant Xiaomi will start deliveries of its first electric vehicle by the end of March, the firm’s boss…
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India signs $100bn free trade deal with four European nations
India has signed a free-trade agreement (FTA) with a group of four European countries that are not members of the…
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Bitcoin hits fresh record above $71,000 as demand picks up
Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid optimism that the…
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Dubai gold shops take a hit as record bullion prices deter buyers
The ever-higher prices reached by gold are turning Dubai’s traditional bazaar into more of a window-shopping experience. Purchases are plummeting…
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