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Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures. The cuts come as Google looks towards “responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the company said in a statement. “Some teams are continuing …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with the winners of the 12th edition of the Mohammed Bin Rashid Al Maktoum Creative Sports Award. The meeting, that took place at His Highness’ Majlis at Union …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, directed the allocation of a fund worth AED150 million to support content creators and establish a permanent influencers headquarters that provides year-round support. The announcement came during the 1 Billion …

Arab stock markets soared to record highs in 2023, with combined gains of $493 billion (AED 1.81 trillion), propelled by strong performances in the UAE and Saudi Arabia. The market capitalisation of Arab stock exchanges rose to about 4.558 trillion, 216 million, and 586 thousand dollars at the end of …

His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the meeting of the Ministerial Development Council. The meeting, held at Qasr Al Watan in Abu Dhabi, addressed a number of legislations, policies and initiatives to develop the government work …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has participated in the 10th edition of the Vibrant Gujarat Global Summit in India, following an invitation from the Indian Prime Minister His Excellency Narendra Modi. Held in Ahmedabad, Gujarat, the three-day summit is being attended by numerous heads of state, …

Gold prices declined during today’s trading, losing about US$5 in spot trading. As of 10:52 UAE time, the yellow metal fell by 0.27 percent or $5.37 to reach $2024.97 per ounce. Gold futures for February 2024 declined 0.15 percent or $3.2 to reach $2029.6 per ounce.

A UAE humanitarian aid convoy to assist the residents of the Gaza Strip has arrived at the Rafah crossing. It is part of the UAE’s annual winter campaign titled “Be Their Warmth” to bring much-needed relief to Palestinians facing the harsh winter amidst the ongoing conflict. The Emirates Red Crescent …

The Ministry of Finance announced the issuance of Federal Decree-Law No. 11 of 2023 on Federal Government Procurement, which sets the general framework for the procurement of products and services in the UAE’s government. The law, based on advanced and flexible international best practices, aims to define the principles, controls, …

A photovoltaic hydrogen demonstration project in Juungar Banner, Inner Mongolia autonomous region, was recently connected to the grid in a step to stabilise power generation, according to China daily report. This is the first hydrogen-producing integrated project for wind-solar hydrogen production in Inner Mongolia and the world’s first 100,000-tonne green …