Tag : investment

Economic pressures and AI shift lead to layoffs at Dataminr
Technology

Economic pressures and AI shift lead to layoffs at Dataminr

manamalive.com
In an unexpected turn of events, Dataminr, a leading big data enterprise valued at $4.1 billion, announced a significant reduction in its workforce. The New York-based company, renowned for its innovative use of AI and...
SK Telecom seals $100 million AI alliance with Anthropic
Business

SK Telecom seals $100 million AI alliance with Anthropic

manamalive.com
SK Telecom Co., South Korea’s premier wireless service provider, announced a strategic $100 million investment in U.S.-based artificial intelligence (AI) powerhouse, Anthropic. This move underscores the telecom giant’s commitment to broaden its influence in the...
Historic meeting between UAE and Egyptian presidents highlights cooperation and investment
News

Historic meeting between UAE and Egyptian presidents highlights cooperation and investment

manamalive.com
During a special visit to the historic city of El Alamein, President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates and Egyptian President Abdel Fattah El-Sisi convened to discuss the strengthening of...
Masdar and Iberdrola partner to invest in German offshore wind farm
Business

Masdar and Iberdrola partner to invest in German offshore wind farm

manamalive.com
Masdar and Iberdrola have entered into a strategic agreement to co-invest in Baltic Eagle, a 476-megawatt (MW) offshore wind farm situated in the German Baltic Sea. Under the terms of the agreement, valued at around...
UAE and Malaysian foreign ministers discuss enhanced cooperation
News

UAE and Malaysian foreign ministers discuss enhanced cooperation

manamalive.com
Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs, engaged in productive discussions with his Malaysian counterpart, Zambry Abdul Kadir, during his official visit to Kuala Lumpur on June 15, 2023. The diplomatic...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Business

Global clean energy investment set to reach $1.7 trillion, overtaking oil production

manamalive.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Business

European Investment Bank supports circular economy with €3.4 billion lending

manamalive.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International...
Abu Dhabi hosts premier investment platform for global investors
Business

Abu Dhabi hosts premier investment platform for global investors

manamalive.com
The 12th edition of the Annual Investment Meeting (AIM Global 2023) is set to take place in Abu Dhabi from May 8 to 10. Participants from 170 countries are expected to attend the premier investment...
Sheikh Mansour bin Zayed meets with Kyrgyz Prime Minister to bolster ties
News

Sheikh Mansour bin Zayed meets with Kyrgyz Prime Minister to bolster ties

manamalive.com
Sheikh Mansour bin Zayed Al Nahyan, Vice President of the United Arab Emirates (UAE), held a meeting with the Prime Minister of Kyrgyzstan, Akylbek Japarov, at Qasr Al Watan Palace in Abu Dhabi on April...