Author: Team Tech Dubai Insider

Sahil Kasana, a visionary entrepreneur, is reshaping the realm of real estate marketing in Dubai with his cutting-edge strategies and unparalleled dedication. As the founder of an emerging real estate marketing agency, Kasana is on a mission to elevate the standards of marketing excellence in the region. With a keen eye for innovation and a commitment to excellence, Sahil Kasana has swiftly positioned himself as a trailblazer in Dubai’s real estate industry. His agency’s bespoke approach to marketing, coupled with a relentless pursuit of client satisfaction, has garnered widespread acclaim and catapulted Kasana to the forefront of the market. “We’re…

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Dubai: Dubai-based Medad Holding and Franklin Templeton International, Inc. have signed a memorandum of understanding (MOU) to form a new joint venture in the UAE. The companies have been discussing with regulators the creation of a new tokenized digital asset from the United Arab Emirates that aims to combine the proceeds from money market fund securities with the ease of use and ease of use of stablecoins, the companies said in a joint statement. Portability combined. Get exclusive content via Gulf News WhatsApp channel “The new ‘yield’ structure will provide investors with premium use cases for cash and collateral payments…

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Image Source: G42Microsoft is making a major push into one of the oil-rich countries in the Middle East as the Gulf region becomes increasingly important in the tech war between China and the United States. Late Monday, Microsoft announced a $1.5 billion investment in Group 42 Holdings (G42), the Abu Dhabi-based artificial intelligence company that has become a major force in the United Arab Emirates’ efforts to become a global leader in artificial intelligence. The minority stake will give Microsoft Vice Chairman and President Brad Smith a seat on G42’s board of directors. The deal represents more than just a…

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Oman floods kill 18 FE Team | Posted by: April 16, 2024 21:20:22 Dubai, April 16 (AP): Heavy rains lashed the United Arab Emirates on Tuesday, flooding parts of major highways and leaving abandoned vehicles on roads across Dubai. Meanwhile, the death toll from another severe flooding rose to 18 in neighboring Oman as it prepared for the storm, with people still missing.Rains started overnight, high winds disrupted flights at Dubai International Airport and left huge ponds in the streets.Police and first responders drove slowly through flooded streets, emergency lights flashing in the dark morning. Lightning flashes across the sky,…

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IMF says world economy avoids recession despite many pessimistic forecasts read more… Dubai International Financial Center. In the post-pandemic era, the UAE economy will be driven mainly by confidence in its policies, attracting talent from around the world in key sectors, and foreign direct investment. —File photo Posted by: Tuesday, April 16, 2024 6:13 pm The International Monetary Fund (IMF) predicted on Tuesday that the UAE’s economic growth next year will be higher than in 2023 and 2024, the highest level in three years. The “World Economic Outlook” released by the International Monetary Fund predicts GDP growth of 4.2% in…

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Microsoft Corporation declare Today it invested $1.5 billion in UAE-based artificial intelligence developer G42. As part of the deal, the cloud computing and software giant will take a minority stake in G42. In addition, Microsoft Vice Chairman and President Brad Smith will also join the G42 Board of Directors. financial times report This investment “requires negotiations with the Biden administration.” As part of the deal, G42 reportedly agreed to remove hardware made by Huawei Technologies Co. from its artificial intelligence infrastructure.Additionally, Bloomberg report Today, the G42 reached an understanding with the U.S. Department of Commerce last year to reduce its…

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Most Gulf stock markets ended lower on Tuesday as stronger-than-expected U.S. retail sales reinforced the view that the Federal Reserve may not be in a hurry to cut interest rates this year. Last week’s data already showed that U.S. consumer prices rose more than expected in March as Americans paid more to buy gasoline and rent homes, leading financial markets to expect the Federal Reserve to delay a rate cut until September. Most Gulf currencies are pegged to the U.S. dollar, with Saudi Arabia, the United Arab Emirates and Qatar typically following any U.S. monetary policy changes. Saudi Arabia’s benchmark…

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Microsoft has begun making major investments in the field of artificial intelligence, injecting $1.5 billion into G42, an artificial intelligence-driven company based in the United Arab Emirates. The capital injection secures the tech giant’s minority stake in G42, but specific details of the holding have not been disclosed.Founded in Abu Dhabi in 2018 under the influence of Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser, G42 has become a tech giant. With cumulative assets of a staggering $1.5 trillion, G42 is part of a large conglomerate with diversified technology businesses ranging from cloud services to cutting-edge artificial…

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As a legacy of COP28, the Global Climate Finance Center (GCFC) assumes the role of host and secretariat of the Africa Green Investment Initiative (AGII), the UAE’s $4.5 billion financing initiative to unlock Africa’s green energy potential. Currently, investment in renewable energy in Africa accounts for only 2% of total global investment, which is less than the US$60 billion expected to be needed annually by 2030. Launched at the Africa Climate Summit (ACS) under the UAE’s Etihad 7 programme, AGII brings together private, public and development capital from the UAE’s climate champions, including the Abu Dhabi Development Fund, Masdar, AMEA…

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The Dubai government extended remote operations for the second consecutive day on Wednesday due to bad weather. All government entities in Dubai will continue to work remotely on Wednesday, the Dubai Media Office said in a statement. Private schools will also conduct distance learning. The government has also urged private sector agencies to conduct remote operations on Wednesday. Severe weather hit parts of the country on Tuesday, causing strong winds and rainfall. Schools and offices across the UAE were working remotely on Tuesday due to inclement weather. In Abu Dhabi, all schools have launched distance learning, while government entities have…

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