JAIS Visual

Core42 launches Jais Chat: An Arabic-English AI chatbot

At its core lies Jais 30B, touted as the world’s most performant Arabic Large Language Model

OpenAI Sam Altman

OpenAI to announce ChatGPT product improvements

Worldwide traffic to ChatGPT’s website has been on a roller-coaster ride in the past year and is only now returning to its May 2023 peak

Oracle - Morocco

Oracle expands footprint in Morocco with new investments in R&D

An estimated 40 percent of the new positions will be located outside Morocco’s regions of greater Casablanca and Rabat-Salé-Kenitra

Egypt

Egypt: Foreign debt up $3.5bn in Q4 2023; inflation slows to 32.5% in April

Egypt promised the IMF in the March agreement it would resume tightening if necessary to prevent further weakening of its economy

Ipad-Pro-Apple

All you need to know about Apple’s newest iPad Pro

Apple said the iPad Pro – its highest-priced model – will have upgraded displays and start at $1,000

EMIRATES-a350-aerial-atm2024

Mega upgrade: Emirates announces 9 destinations for new A350 aircraft

From Edinburgh in the UK to Ahmedabad in India, Emirates will be introducing its new A350 across a host of routes

Egypt-GettyImages-520265584-e1703142282632

Egypt braces for second summer of power cuts as gas supplies dwindle

Power cuts are hurting Egypt’s small businesses that play a crucial role in an economy where growth has slowed

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., plays bridge at an event on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, U.S., on Sunday, May 6, 2018. Buffett said he doesn't want Berkshire Hathaway Inc. being a leader on cyber insurance because neither he nor others in the industry really know the risk. Photographer: David Williams/Bloomberg

Warren Buffett talks succession and Berkshire’s future at annual meeting

At the annual shareholder gathering, Buffett backed Apple, Coca Cola and American Express

oil

India’s Reliance starts trading US oil setting Brent oil benchmark

The move by Reliance comes as India, the world’s third-biggest oil importer and consumer, is looking to diversify its oil supplies

Middle East and tackling food prices

World food prices up in April for second month, says UN agency

The FAO’s cereal index inched up to end a three-month decline, supported by stronger export prices for maize

Egypt

Egypt’s outlook upgraded to positive on reduced external financing risks: Fitch

Fitch said Egypt’s initial steps to contain off-budget spending should help to reduce public debt sustainability risks

Etihad significantly expands codeshare with Air France-KLM (Image: Supplied by Etihad)

Air France KLM adds flights to North Africa amid Middle East tensions

Airlines have suspended hundreds of flights to and from Tel Aviv, as well as some to Lebanon and Jordan since the outset of the war

Pakistan

IMF approves $1.1bn funding tranche to help Pakistan’s economy

The $350bn economy faces a chronic balance of payments crisis, with nearly $24bn to repay in debt and interest over the next fiscal year

coal

G7 reaches deal to exit from coal by 2035

The agreement on coal marks a significant step in the direction indicated last year by the COP28 United Nations climate summit to phase out fossil fuels

Egypt

IMF says Egypt to address central bank overdrafts, off-budget activity

Egypt is expected to implement more financial reforms amid the country’s IMF bailout

Here’s what you need to know about the US bird flu outbreak

Bird flu, officially called highly pathogenic avian influenza, has increasingly spread to mammals, raising concern of human transmission

Tesla

Tesla promises ‘more affordable’ cars but India, Mexico plants on hold

The automaker said its plan for new models would let it better control capital expenditures during “uncertain times”

WhatsApp

Apple pulls plug on WhatsApp, Threads in China

Telegram and Signal — two other foreign messaging apps — were also removed from the store on Friday

bitcoin

What is Bitcoin halving and when will it take place?

Bitcoin halving is a technical event that occurs approximately every four years, reducing the reward for mining new Bitcoin by half

Apple

Apple loses top phonemaker spot to Samsung as iPhone shipments drop

The drop underscores the challenges facing the US firm in China, its third biggest market

Bill Gates, UAE President discuss humanitarian cooperation

Bill Gates also congratulated the UAE President on Eid Al-Fitr and thanked the Emirates for its positive outcomes at COP28

Gold

Gold price drifts higher as inflation remains hot

Spot gold was up 0.6 per cent at $2,345.56 per ounce, in early trade on Thursday

Google - browsers

EU’s new tech laws are working as small browsers gain market share

Browser companies criticised how Apple and Google rolled out the new features which they described as slow and clunky

All you need to know about partial solar eclipse in UAE today

Solar eclipse time: Watch live stream

The exact timing of the eclipse varies by state and time zone across the North American continent, with visibility contingent upon weather conditions

solar eclipse

Total solar eclipse on April 8, 2024: Time, path and how to watch

The upcoming total solar eclipse slated for April 8 is set to be one of the most significant astronomical occurrences of the year.

Instagram , Facebook - META -AI

Meta to start labelling all AI-generated content on Facebook, Instagram

The new labeling approach would apply to content posted on Meta’s Facebook, Instagram and Threads services

Gold

Gold shatters record highs, heads for third straight weekly gain

US gold futures settled 1.6 per cent higher to $2,345.4

samsung

Samsung reports 900% rise in Q1 2024 profit as chip prices recover

The better performance came as its chip division, is expected to report its first quarterly profit in five quarters, as memory chip prices bounce back from a deep trough

BlackBerry cyber

BlackBerry reports profit on demand for cybersecurity services

BlackBerry expects first-quarter revenue in the range of $130m to $138m, below analysts’ estimate of $151.12m.

HUALIEN, TAIWAN - APRIL 04: An area of a damaged building is cordoned off following the earthquake on April 04, 2024 in Hualien, Taiwan. A 7.5 magnitude earthquake hit eastern Taiwan on Wednesday, triggering a tsunami warning for the coastline in Taiwan, the Philippines and Japan. (Photo by Annabelle Chih/Getty Images)

Nvidia says it expects no impact to chip supply from Taiwan earthquake

Taiwan weather officials ranked Wednesday’s quake in Hualien as “Upper 6”, or the second-highest level of intensity on a scale ranging from 1 to 7