Tag: india live
UAE Firm Introduces First Germany-Focused ETF in the GCC
Abu Dhabi-based investment firm Lunate has revealed the launch of the first exchange-traded fund (ETF) in the GCC that focuses on German equities. The new Chimera S&P Germany UCITS ETF will offer retail investors in the UAE an opportunity to access Ge...
India Extends Anti-Subsidy Duty on Chinese Atrazine Technical
India has renewed its anti-subsidy duty on Chinese imports of Atrazine Technical, a herbicide used extensively in agriculture, for an additional five years. This measure, initially enacted in 2019, aims to safeguard domestic manufacturers from the impacts...
Iran-India Tourism Pact to Enhance Visitor Flow and Cooperation
Iran and India are poised to enhance their tourism ties with a new Memorandum of Understanding (MoU) focused on boosting cooperation and increasing tourist exchanges. This agreement builds on Iran's recent move to waive visa requirements for Indian travel...
Outdoor Light Exposure Linked to Elevated Alzheimer’s Risk
A study by researchers at Rush University System for Health has established a notable connection between outdoor light exposure at night and an increased risk of Alzheimer's disease. Published in *Frontiers in Neuroscience*, the research highlights the po...
UAE’s MGX in Talks to Invest in OpenAI
Abu Dhabi-based MGX, a state-backed technology investment firm, is reportedly exploring an investment in OpenAI. This potential move follows OpenAI’s current efforts to raise $6.5 billion in funding, aiming to reach a valuation of $150 billion. OpenAI, th...
Adobe stock dives after soft Q4 outlook despite strong Q3 performance
Adobe's stock experienced a significant drop following its third-quarter fiscal 2024 earnings report, which showcased strong performance but was overshadowed by disappointing guidance for the upcoming fourth quarter. This development saw the stock fall by...
AI-driven Gelato Trend Sets Milan Ablaze
Gelato, long a symbol of Italian craftsmanship and culinary artistry, is now undergoing a cutting-edge transformation, courtesy of AI technology. Milan’s bustling ice cream scene has become the stage for a unique blend of tradition and innovation, with a...
Will Microsoft’s Copilot Be Derailed by Security Gaps?
Microsoft’s ambitious leap into the world of generative AI with its Copilot tool has garnered widespread attention. Positioned as an AI-powered assistant integrated into nearly all Microsoft 365 services, Copilot promises to revolutionize the way business...
International Digital Energy Expo 2024 Unveils Future of Smart and Digital Energy in Shenzhen
The International Digital Energy Expo 2024, held in Shenzhen, has become a key event spotlighting cutting-edge developments in smart and digital energy solutions. Drawing participants from across the globe, the expo showcases the latest in energy technolo...
ENBD REIT Reports 40% Decline in FFO Amid Increased Provisions
ENBD REIT, the real estate investment trust managed by Emirates NBD Asset Management, has disclosed a significant 40% decrease in its Funds From Operations (FFO) for the latest financial quarter. This sharp decline is primarily attributed to a substantial...
Google’s AI Data Protection Practices Under Scrutiny in Ireland
Ireland’s Data Protection Commission (DPC) has launched a statutory investigation into Google's AI model, focusing on the company's compliance with GDPR obligations. This probe addresses whether Google conducted the required Data Protection Impact Assessm...
Generative AI Gains Mixed Reception Across Six Nations
Generative artificial intelligence (AI) has gained considerable attention worldwide, particularly with the rise of tools like ChatGPT. However, its penetration and regular usage vary significantly across different countries and demographic groups, as evid...
Mubadala Gains Key Exploration License in Andaman
Mubadala Energy has secured a major step forward in its Andaman exploration endeavors by obtaining the Central Andaman block exploration license. This milestone, achieved in collaboration with Harbour Energy, marks a significant development in the company...
Huda Beauty Eyes Sale of Expanding Kayali Perfume Division
Huda Beauty, a prominent player in the global cosmetics market, is exploring the sale of its rapidly growing perfume division, Kayali, according to sources familiar with the matter. The Dubai-based beauty company has engaged Goldman Sachs Group Inc. as an...
NMDC Energy Surges on ADX Amid Overwhelming IPO Demand
NMDC Energy has officially commenced trading on the Abu Dhabi Securities Exchange (ADX), marking a significant milestone for the Indian multinational’s expansion into the Middle Eastern market. The company’s initial public offering (IPO) has garnered exce...