The UAE’s non-oil trade remains stable based on figures for the first nine months of 2015, compared to the same period in 2014. It reached AED 792 billion last year, with exports increasing by 25% and imports declining by 2% Exports reached AED 122 billion from January to September 2015, much higher than AED 97.3 billion from the same period in 2014. According to the Federal Customs Authority, gold has topped the list of exported goods with a value of AED 43.7 billion.
OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO
A US jury on Monday has ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world's richest person for having allegedly strayed from its original mission to benefit humanity.
Dubai Holding announces Microsoft collaboration ahead of major AI shift
Dubai Holding has announced a collaboration with Microsoft to embed artificial intelligence (AI) at the core of its future operations.
Abu Dhabi Ports Group awarded AED735 million container terminal contracts
Abu Dhabi Ports Group has announced being awarded three contracts worth a combined value of AED735 million for the design and construction of a container terminal to Ports of Nouatom - Pointe Noire Terminal in the Republic of Congo.
Dubai Customs ‘Green Corridor’ handles surge in trade amid shipping disruption
Dubai Customs said on Sunday a trade corridor launched with Oman earlier this year has processed nearly AED8 billion worth of goods in a single month as regional shipping disruptions continue to affect supply chains.
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