World Archives | Gulf Business

Has cost of living gone up for expats in Dubai, Abu Dhabi?

Marisha Singh — Sat, 10 Jun 2023 05:05:31 +0000

A recent report on world’s most expensive cities for international employees shows the emirate go up the ranks as the cost of living has gone up

The post Has cost of living gone up for expats in Dubai, Abu Dhabi? appeared first on Gulf Business.

EU urges Big Tech to alert users about AI’s ‘dark sides’

Bloomberg — Fri, 09 Jun 2023 07:00:18 +0000

The EU is rushing to catch up and set rules for generative AI as it negotiates its AI Act, which will go up for a key vote in the European Parliament

The post EU urges Big Tech to alert users about AI’s ‘dark sides’ appeared first on Gulf Business.

What counts as a carbon credit?

Bloomberg — Fri, 09 Jun 2023 05:27:16 +0000

The UN panel’s final decision will have huge consequences for the carbon removal industry, as well as the direction the world takes when it comes to pulling carbon from thin air

The post What counts as a carbon credit? appeared first on Gulf Business.

New York has world’s worst air pollution as Canada wildfires rage

Bloomberg — Thu, 08 Jun 2023 09:31:55 +0000

Smoke blowing in from wildfires raging across Canada's provinces have blanketed the city in haze

The post New York has world’s worst air pollution as Canada wildfires rage appeared first on Gulf Business.

Kim Kardashian’s EthereumMax crypto hype lawsuit advances

Bloomberg — Wed, 07 Jun 2023 12:06:07 +0000

The presiding judge found that a Kardashian post suggesting that certain crypto tokens were scarce was misleading

The post Kim Kardashian’s EthereumMax crypto hype lawsuit advances appeared first on Gulf Business.

Omega blames staffers over sale of fake $3m Speedmaster

Bloomberg — Wed, 07 Jun 2023 11:28:38 +0000

The scandal underscores concerns that forgers are creating fakes or altering some vintage watches sold on the secondary market and at auction to achieve higher sale prices

The post Omega blames staffers over sale of fake $3m Speedmaster appeared first on Gulf Business.

Antony Blinken meets Crown Prince Mohammad bin Salman in Saudi Arabia

Marisha Singh — Wed, 07 Jun 2023 06:27:39 +0000

The visit by the US State Secretary builds on President Biden’s visit to Saudi Arabia in 2022

The post Antony Blinken meets Crown Prince Mohammad bin Salman in Saudi Arabia appeared first on Gulf Business.

UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn

Neesha Salian — Tue, 06 Jun 2023 20:51:57 +0000

The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030

The post UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn appeared first on Gulf Business.

World Environment Day 2023: 50 years on the transition to a circular economy

Marisha Singh — Mon, 05 Jun 2023 02:00:24 +0000

Held annually since 1973, and marked by millions, this day is the largest global platform for environment action

The post World Environment Day 2023: 50 years on the transition to a circular economy appeared first on Gulf Business.

Nvidia surge results in historic $1tn market valuation

Bloomberg — Wed, 31 May 2023 14:04:14 +0000

Nvidia has powered past other semiconductor companies as it is the world’s biggest maker of the specialised chips needed to power AI products

The post Nvidia surge results in historic $1tn market valuation appeared first on Gulf Business.