Alkesh Sharma
Alkesh Sharma
Journalist


OpenAI is a research company that says its mission is to ensure that AI is of benefit to humanity. AP
OpenAI launches AI-powered search engine SearchGPT

Microsoft-backed company has launched search tool to small group of users and publishers for feedback

July 26, 2024, 12:12 AM
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, attended the strategic agreement signing ceremony between Adnoc and China National Offshore Oil Company. Photo: Adnoc
Adnoc teams up with Chinese companies for low-carbon and LNG ventures

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, led a UAE delegation to China this week

July 25, 2024, 4:03 PM
Waymo provides 50,000 weekly paid trips, mainly in San Francisco and Phoenix, according to Alphabet. AFP
Alphabet to invest $5bn in Waymo amid profit and stock surge

The company aims to make its self-driving unit the 'world’s leading autonomous driving company' as shares up nearly 32% in 2024

July 23, 2024, 11:46 PM
Tesla delivered 443,956 vehicles from April to June, beating market estimates of 439,300. Bloomberg
Tesla shares tank on vehicle volume growth outlook for 2024

Texas company's shares dropped almost 8% in after-hours trading

July 23, 2024, 10:34 PM
Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, leads a meeting of the Advanced Technology Research Council’s board of directors on Monday. The board includes Dr Sultan Al Jaber, Minister of Industry and Advanced Technology. Wam
Abu Dhabi to launch data security, autonomous mobility and AgriTech ventures

Advanced Technology Research Council announces details of projects to Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi

July 22, 2024, 3:57 PM
Passengers stuck at the Ninoy Aquino International Airport in Manila, amid a global IT disruption caused by a Microsoft outage and a CrowdStrike IT problem. Getty Images
CrowdStrike-induced Microsoft outage stirs temporary market volatility

While CrowdStrike's shares dropped more than 20% in pre-market trading, the overall fiasco is expected to benefit cyber security ETFs, experts say

July 19, 2024, 5:44 PM
The market cap of stablecoins stood at $162.36 billion as of last month, almost 6.5 per cent of the total crypto market, according to Statista. Reuters
What is UAE Central Bank's new regulation on stablecoins?

The new provision, which is likely to prohibit the use of Bitcoin for goods and services in the Emirates, is expected to come into force next year

July 19, 2024, 3:00 AM
A computer-generated image of Lilium's seven-seat jet. Photo: Lilium
Saudia to buy up to 100 vertical take-off jets from Germany's Lilium

Conglomerate expects to receive first electric vertical take-off and landing jets in 2026

July 18, 2024, 9:00 AM
Khaled Balama, Governor of the UAE Central Bank, and Mamo Mihretu, Governor of the National Bank of Ethiopia, during the signing of agreements. Photo: CBUAE
UAE signs $817m currency swap agreement with Ethiopia

Banking regulators of both countries ink initial deals to boost cross-border transactions and link their payment and messaging systems

July 16, 2024, 5:40 PM
A Cebu Air Airbus A319 aircraft in Manila. Airbus says Asia-Pacific will require about 23.2 per cent of the new aircraft. Reuters
Asia-Pacific boost to help double global air traffic in 20 years

Airbus expects the worldwide fleet to more than double over the next two decades to 48,230 planes

July 15, 2024, 4:30 PM
AT&T's stock dropped following the news of the data breach. Bloomberg
Hackers steal call and text records of nearly all AT&T cellular customers

Data was illegally downloaded from workspace on a third-party cloud platform, telecoms company says

July 12, 2024, 6:30 PM
The UAE government last year enacted a new competition regime to support businesses and attract new investments to the Emirates. Bloomberg
The UAE's competition regulation law explained

Ministry of Economy says new law has helped improve the country's regulatory and legislative framework

July 12, 2024, 2:40 PM
Salwa Palace in the At-Turaif district of Diriyah, Saudi Arabia. The kingdom wants to turn Diriyah into one of its leading tourist centres. Bloomberg
PIF-backed Diriyah awards $2bn contract for new mixed-use district

Project will include educational institutions, cultural venues, offices and a luxury hotel

July 10, 2024, 5:28 PM
Rabat-headquartered Maroc Telecom had more than 77 million customers as of the end of March. AP
UAE's e& set to appeal against Maroc Telecom court ruling

Casablanca court upheld a decision directing MT to pay $645m to its competitor Wana Corporate

July 10, 2024, 4:04 PM
Protests marking nine months since the October 7 attack in Tel Aviv, Israel. Reuters
Bank of Israel downgrades economic growth outlook as Gaza war continues

Central bank expects direct economic impact of the war to continue until the beginning of 2025

July 08, 2024, 4:28 PM