The United Arab Emirates and the United States are strategic partners and there will be more joint investments in artificial intelligence between them.
Omar Sultan Al Olama © Mena Today
The United Arab Emirates and the United States are strategic partners and there will be more joint investments in artificial intelligence between them, the UAE's state minister for AI Omar Sultan Al Olama told Reuters on Tuesday.
The minister, when asked about small modular nuclear reactors (SMRs) as part of the energy mix to power data centers, said the UAE has spoken about them with relevant parties but has no concrete plans at the given moment for their development.
Reporting by Federico Maccioni
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, kicked off an initial public offering on Monday that bankers say could be the UAE's largest this year.
President Vladimir Putin told the visiting president of the United Arab Emirates on Sunday that relations between the two states amounted to a "strategic partnership" and thanked him for mediation efforts in exchanging prisoners of war with Ukraine.
First Abu Dhabi Bank, the United Arab Emirates' biggest lender by assets, beat third-quarter profit estimates on Friday, helped by factors such as "increased client activity", which boosted revenue.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.