Meta recently moved to lay off 3,600 workers has been followed by a significant bonus increase for its executives. In an SEC filing, the company announced plans to boost the target bonus percentage for named executive officers from 75% of their base salary to 200%. This change, effective from the 2025 performance period, excludes CEO […]
DUBAI: Indonesia has highlighted the importance of ethical practices in the development and use of artificial intelligence (AI), stressing that AI should benefit society while minimising its associated risks. At the Tech & Telco Summit 2025, Indonesian Deputy Minister of Communication and Digital Affairs, Nezar Patria, explained that ethical AI practices are essential to ensure […]
DUBAI: Dubai Municipality has successfully completed a series of innovative sports fields across various public parks and recreational areas. These fields were developed in collaboration with top companies like PepsiCo, Red Bull, Deliveroo, Puma, and Intercontinental Tyres, reflecting the city’s vision to create sustainable, engaging, and diverse urban spaces. Located in prominent areas such as […]
Journalism has long been a fertile ground for gripping storytelling, and Crime Beat, Zee5’s latest crime drama, attempts to tap into that allure. Following in the footsteps of Scoop, The Broken News, and Despatch, the show ventures into the murky world of crime reporting. But does it hit the mark? Not quite. While it starts […]
OMAN: The GCC foreign reserves reached $804.1 billion by mid-2024, marking a 7.5% growth from the previous year, according to GCC-Stat. This places the region as the fifth-largest holder of international reserves, following China, the EU, Japan, and Switzerland. These GCC foreign reserves, which account for 4.9% of global foreign assets, saw growth due to […]
Rising demand, technological advancements and government initiatives drive GCC healthcare sector growth: Alpen Capital. Dubai: Alpen Capital’s latest healthcare industry report for the GCC forecasts the Current Healthcare Expenditure (CHE) in the region to reach US$ 159 billion by 2029, implying an annualized growth rate of 7.8%. During the forecast period, CHE in the GCC […]
SHARJAH: Sheikha Bodour bint Sultan Al Qasimi, founder of Kalimat Group, has won the BolognaRagazzi Award in the fiction category for her latest book, The House of Wisdom, at the Bologna Children’s Book Fair (BCBF) in Italy. Aimed at young readers aged nine and above, the book explores the legacy of the House of Wisdom, […]
DUBAI: The Roads and Transport Authority (RTA) has awarded a AED 798 million contract for the Al Qudra Street Development Project, a major infrastructure upgrade aimed at improving traffic flow and connectivity across key Dubai neighbourhoods. The project spans 11.6 kilometres, starting from the intersection of Al Qudra Street with Sheikh Mohammed bin Zayed Road, […]
DUBAI: The excitement continued at DUBAI GAMES 2025 as H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attended the second day of the tournament’s biggest edition yet. Held at Dubai Festival City, this year’s event features 244 teams from across the globe, making it the most expansive in its history. […]
DUBAI: Virat Kohli’s brilliant unbeaten century led India to a six-wicket victory over Pakistan in their ICC Champions Trophy 2025 Group A clash at the Dubai International Cricket Stadium on Sunday. With Pakistan posting 241 all out in 50 overs, India chased down the target in style to secure a crucial win. Pakistan, struggling with […]
DUBAI: Virat Kohli has once again rewritten cricketing history, breaking the record by becoming the fastest batter to reach 14,000 ODI runs. The milestone came today, on February 23, during India’s high-voltage ICC Champions Trophy 2025 clash against Pakistan. Kohli, under pressure after a poor outing in the previous match, smashed a stunning boundary off […]
