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Lunate Asset Management: Abu Dhabi’s New Force in Global Investment
Oct 16, 2024
HoG
Abu Dhabi’s Lunate Asset Management has made headlines this year, completing 25 investments valued at $5 billion in a strategic push to establish itself as a major player in the global investment landscape. Officially launched…
Qatar Sees Significant Rise in Inbound Visitors
Oct 15, 2024
HoG
In August, Qatar recorded a notable 24.5 percent year-over-year increase in inbound visitors, bringing the total to 328,000. This growth is highlighted in the National Planning Council’s Monthly Statistics bulletin, reflecting the country’s growing allure…
Du CEO Fahad Al Hassawi Discusses Growth and Market Strategy
Oct 14, 2024
HoG
Fahad Al Hassawi, CEO of du, recently articulated the company’s commitment to the local market while remaining open to potential regional investment opportunities. In an interview with Al Bayan, he emphasized that du is dedicated…
OpenAI Faces Regulatory Scrutiny Amid Valuation Surge
Oct 14, 2024
HoG
OpenAI, the artificial intelligence company known for its creation of ChatGPT, is experiencing a remarkable valuation surge, recently reaching $157 billion. However, this rapid growth comes with complications tied to its nonprofit origins. Since its…
Startups in MENA Region Attract New Investments for Growth and Innovation
Oct 11, 2024
HoG
Startups across the Middle East and North Africa (MENA) are experiencing a wave of new funding aimed at driving expansion, enhancing services, and entering new markets. Investors are showing heightened interest in a variety of…
AMD Unveils New AI Chip to Compete with Nvidia’s Dominance
Oct 11, 2024
HoG
In a bold move to challenge Nvidia’s supremacy in the AI chip market, AMD has announced the launch of its new artificial intelligence chip, the Instinct MI325X. Unveiled at a recent event, this chip aims…