All posts by uaenews247

Ramadan Kareem

Danube Group contributes AED 10 million to Mothers’ Endowment campaign

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Honoring mothers by establishing an educational endowment fund

Danube Group contributes AED 10 million to Mothers’ Endowment campaign; An initiative by His Highness Sheikh Mohammed bin Rashid Al Maktoum

UAE, Dubai – March 19, 2024: Danube Group announced a contribution of AED 10 million to the Mothers’ Endowment campaign, joining the growing list of contributes to the campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The campaign is aimed to honor mothers by establishing a AED 1 billion endowment fund to support the education of millions around the world in a sustainable manner.

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Technologies

New Snowflake Report Unveils Average of 90 AI-Apps Built Per Day in 2023

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New Snowflake Report Unveils Average of 90 AI-Apps Built Per Day in 2023

Snowflake report unearths Python as the programming language of choice for AI development, while the processing of unstructured data has increased by 123 percent in the past year

Dubai, UAE, 20th March, 2024– Large language models (LLMs) are increasingly being used to create chatbots, according to Data Cloud company Snowflake.

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Business & Investments

Abu Dhabi Securities Exchange (ADX) partners with Eureeca

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Abu Dhabi Securities Exchange (ADX) partners with Eureeca to expand access to its IPOs for International Investors through Eureeca’s Global Digital Investment Platform

  • In a pioneering first initiative, the ADX-Eureeca collaboration will offer international investors compliant and user-friendly access to ADX IPOs. This endeavor aims to enhance international investor engagement on ADX whilst also expanding Eureeca’s offerings by including ADX IPOs.

  • ADX’s collaboration with Eureeca capitalises on the Exchange’s robust e-IPO investor portal, highlighting its commitment in simplifying the IPO investment process while leveraging Eureeca’s multinational regulatory framework and advanced technology with the aim of improving access to ADX IPOs for regional and international investors.
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Business & Investments

Crude Oil, Cryptos, Gulf Markets – Comments from Century Financial

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Comments from Vijay Valecha, Chief Investment Officer, Century Financial on Global Markets, Cryptos, Crude Oil, Gold updates.

  • Crude Oil 

Oil ends at nearly five-month high as drone attacks crimp Russia’s output: Oil futures climbed on Monday, with U.S. and global benchmark prices settling at their highest since late October, as continued attacks by Ukraine on Russian energy facilities were estimated to have idled a significant chunk of Russia’s refining capacity.

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Business & Investments

Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners

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Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners

  • Investment highlights Masdar’s long-term commitment to and confidence in the U.S. renewable energy market
  • Masdar to help accelerate Terra-Gen’s growth as a leading developer and operator of utility-scale clean energy projects
  • Strategic investment advances Masdar’s ambitious plans in the growing U.S. market
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