News

Nvidia overtakes Apple as world’s most valuable company

Nvidia has officially dethroned Apple as the world’s most valuable company, thanks to a significant surge in its stock price driven by soaring demand for its specialized artificial intelligence (AI) chips. On Friday, Nvidia’s market value briefly hit $3.53 trillion, surpassing Apple’s $3.52 trillion, according to data from LSEG. By the end of the trading […]

Trade Centre Roundabout set for major upgrade, to get 5 new bridges

DUBAI: Dubai’s Roads and Transport Authority (RTA) has launched a major upgrade to the Trade Centre Roundabout, investing AED 696.414 million to transform this crucial intersection. This project aligns with the city’s ongoing plans to enhance road networks and public transport infrastructure to keep up with urban growth. The Trade Centre Roundabout connects Sheikh Zayed […]

Lulu Retail launches IPO shares on Abu Dhabi stock exchange

ABU DHABI: Lulu Retail Holdings PLC announced the price range for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), beginning the subscription period on Monday, October 28. The company’s shares will be available for the UAE Retail Offering, Eligible Senior Executives, and Professional Investors, with the subscription closing on November 5, […]

Sharjah extends paid parking timing in zones for all week

SHARJAH: Starting November 1, 2024, Sharjah City Municipality will extend paid parking timing in zones where fees apply every day, including holidays. These areas, marked with blue signs, will now require payment from 8:00 AM until midnight, helping improve parking availability and making space management smoother. The municipality introduced this change to create more organised […]

Medcare Al Safa Unveils AI to Diagnose 30+ Chronic Conditions in Just 3 Minutes

This groundbreaking AI technology, which enables the early detection of chronic and cardiovascular illness risk , enhances the efficacy of preventative healthcare at Medcare. Dubai: Medcare Hospitals and Medical Centers, the UAE’s premium healthcare provider, has implemented Airdoc, a multi-faceted Airtificial Intelligence (AI) retinal image interpretation system, at its Medcare Hospital Al Safa. The region’s […]

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