DUBAI, 24th June, 2026 (WAM) — A new report by HSBC has revealed that investors in the UAE are among the world’s most enthusiastic adopters of artificial intelligence tools, including generative AI, using them to conduct research and generate ideas related to finance and investment decisions. However, they continue to prefer expert professional advice when it comes to making final decisions.The findings, published in HSBC’s report titled The Human-AI Advantage, are based on a survey of 9,993 affluent and high-net-worth individuals across 10 markets, including 703 investors in the UAE.The report points to the emergence of a new hybrid model…
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The Future of Media Exhibition (FOMEX 2027), held as part of the Saudi Media Forum from February 1–3, 2027, in Riyadh, is witnessing unprecedented international interest, with more than 500 local and international companies have expressed interest in participating and showcasing their latest innovations and technological solutions in the media and communications sector. FOMEX is one of the largest specialized media industry exhibitions in the region, bringing together leading global companies, media and technology organizations, innovators, content creators, and industry pioneers under one roof. The exhibition serves as an interactive platform showcasing the latest developments in media technologies, digital transformation, artificial…
Virgin Media O2 recently announced its plans to begin its 2G network switch-off in Summer 2029, joining its industry rivals in setting a date to wind down the legacy technology. Its timeline is similar to that of the country’s other operators, with BT expecting to begin deactivating 2G in May 2029 and VodafoneThree set to turn off its last sites in Spring 2030. All three operators have signed a voluntary government charter for retirement of the technology. Commitments in that document include undertaking a gradual process starting in trial areas, thorough testing, and work to aid migration of IoT devices…
الشارقة في 24 يونيو/ وام / وقّعت هيئة المنطقة الحرة لمطار الشارقة الدولي اليوم مذكرة تفاهم مع بنك الفجيرة الوطني، بهدف تأسيس شراكة إستراتيجية من أجل تعزيز سهولة الوصول إلى الخدمات المصرفية، وتقديم حلول مالية شاملة للشركات العاملة ضمن المنطقة الحرة.جرت مراسم توقيع مذكرة التفاهم في مقر الهيئة من جانب سعادة سعود سالم المزروعي، مدير هيئة المنطقة الحرة لمطار الشارقة الدولي، وعدنان أنور، الرئيس التنفيذي لبنك الفجيرة الوطني، بحضور عدد من المسؤولين والمدراء من كلا الجانبين.وتعكس هذه الشراكة التزام الطرفين بدعم نمو الأعمال، وجذب الاستثمارات، وتعزيز البيئة الاقتصادية الحيوية في دولة الإمارات، وسيعمل بنك الفجيرة الوطني وهيئة المنطقة الحرة لمطار…
As the Gulf region continues to diversify its economies through tourism, hospitality and real estate development, international investors are increasingly turning their attention to Oman, a country widely regarded as one of the Middle East’s most promising emerging tourism destinations.Among the latest investors to strengthen their presence in the Sultanate is Christopher Aleo, Chief Executive Officer of iSwiss Hedge Fund, who has announced a significant new hospitality investment in Salalah, located in Oman’s southern Dhofar region.The project will consist of a luxury resort extending across approximately 206,000 square metres and occupying a coastal site exceeding 30 hectares. According to the…
DUBAI, 24th June, 2026 (WAM) — The Emirates Drug Establishment (EDE) held a virtual Customer Council meeting, bringing together partners and stakeholders from across the healthcare sector, as part of its efforts to strengthen engagement with entities involved in medical device and equipment registration services.During the meeting, EDE reviewed the new additional agent appointment feature within its marketing authorisation services. Participants were introduced to the feature and briefed on its mechanism, requirements, and activation process, enabling customers to better understand and benefit from the service.The feature allows a marketing authorisation holder to appoint more than one pharmaceutical establishment to import…
The UAE’s National Drug Enforcement Authority launched the National Campaign Against Drugs under the slogan ‘United Front to Eradicate the Scourge,’ kicking off a national drive calling on all society to stand as one against narcotics.The launch was chaired by Sheikh Zayed bin Hamad bin Hamdan Al Nahyan, Chairman of the National Drug Enforcement Authority, and coincided with the International Day Against Drug Abuse and Illicit Trafficking.The campaign, organised in partnership with the UAE Government Media Office, brought together senior officials, security experts, medical specialists reflecting the Authority’s belief that the digital space is as critical a battleground as any…
BRUSSELS, 24th June, 2026 (WAM) — The European Parliament’s Committee on Economic and Monetary Affairs has approved its draft negotiating position on legislation governing the launch of the digital euro, marking a new step towards creating a digital version of the single European currency as part of a legislative package related to the future of the European Union’s monetary system.The draft law on the digital euro received the support of 43 members, while 14 voted against and one abstained, as part of a package comprising three legislative files.The proposal aims to provide a public digital payment method for all residents…
England suffered a Fifa World Cup setback on Tuesday as Thomas Tuchel’s side were held to a frustrating 0-0 draw by Ghana, leaving them with work still to do as they bid to progress to the knockout stage as Group L winners.Nico O’Reilly came closest to scoring for England with a late header that hit the bar and captain Harry Kane blasted the rebound over the woodwork, but after the promise of their opening 4-2 win over Croatia, this was a performance that will raise doubts about their chances of winning the tournament.PLAY AND PREDICT YOUR FIFA WORLD CUP 2026…
Veteran playback singer Alka Yagnik has shared an emotional response after being conferred the prestigious Padma Bhushan, reflecting both gratitude for the honour and her recent health struggles in a candid social media post. The legendary singer received the Padma Bhushan Award from President Droupadi Murmu at the Rashtrapati Bhavan yesterday. During the ceremony, she required the support of on-site security and event staff to walk, drawing public attention and concernShe took to her Instagram account to reveal that she had largely stayed away from the public eye over the past two years due to ongoing health issues, acknowledging the…