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Tag: Middle East Business Magazine

AI breakthroughs, market growth

AI breakthroughs, market growth Article by Gadjo Sevilla   EMARKETER: A year of AI expansion: Google focused on AI innovation—integrating its Gemini AI across products while addressing safety concerns and fierce competition from OpenAI, Microsoft, and Meta. Alphabet, Google’s parent company, reported a 15% YoY revenue increase in Q3 2024, reaching $88.3 billion, but now faces mounting regulatory pressure, including a potential Chrome browser breakup that threatens its search dominance. Google’s continued AI expansion: Google is a key player in the...

Yemen reports the highest burden of cholera globally

 Yemen reports the highest burden of cholera globally Yemen bears the highest burden of cholera globally. The country has experienced persistent cholera transmission for many years, including the largest outbreak – between 2017 and 2020 – recorded in recent history. As of 1 December, Yemen had reported 249 900 suspected cases of cholera, with 861 associated deaths since the beginning of the year. This accounts for...
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Effective Communications Through New COVID Variants

Communicators have had to keep one step ahead of an ever-moving situation since the COVID-19 outbreak, playing a key role in supporting and reassuring...

Talal Abu-Ghazaleh Global Consolidates on Enterprise-Grade Virtualization Solution

Talal Abu-Ghazaleh Global (TAG.Global), through its ICT Department, has recently finished implementing an enterprise virtualization platform in cooperation with Nutanix, a leader in hybrid...

Gartner: Cloud End-User Spending to Reach $500 Billion in 2022

Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021,...

79% of hedge fund and asset managers plan to increase outsourcing of data services

A global survey of quant fund managers who collectively oversee $1.2 trillion in assets under management shows that 73% of managers have already increased their...

Worldwide Semiconductor Revenue to Grow 13.6%

Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6% from 2021, according to Gartner, Inc. “The semiconductor average selling...

Common wealth Signs MoU with the International Islamic Trade Finance Corporation

The Commonwealth Secretariat  and the International Islamic Trade Finance Corporation (ITFC)  have signed a Memorandum of Understanding (MoU)  to collaborate on key areas of...

Building Back Better: Advancing Gender Equality for a More Resilient Future

The European Investment Bank (EIB) and the Islamic Development Bank (IsDB) are pleased to host the 2022 Global Gender Summit of the Multilateral Development...

Etihad Airways Unveils New Sustainability – Driven Economy Experience

Etihad Airways, the national airline of the UAE, has unveiled its new Economy class soft furnishings and tableware which will be launched on board...

European Commission and EIB sign an Agreement to enable further investments worldwide

The European Commission and the European Investment Bank (EIB) signed an ambitious Guarantee Agreement through which the European Commission will support up to €26.7...

The General Assembly of APIC ratifies dividend distribution amounting to USD 18 million

Arab Palestinian Investment Company (APIC) held its extraordinary and ordinary general assembly on Monday, May 9, 2022, in Ramallah, Palestine. The meeting, which was...

A brief on the status of Palestinian people at the end of 2021

A brief on the status of Palestinian people at the end of 2021 Dr. Awad Presents a Brief on Palestinians at the End of 2021  H.E...

ZU Student Lands 1st Place at the EY Corporate Finance Woman of the Year Awards

Zayed University (ZU) student, Shama Al Hosani, has been recently named the winner of the Ernst & Young’s (EY) Corporate Finance Woman of the...