Author: Editorial Team
Microsoft revealed it was on track to invest $5.5 billion in Singapore between 2025 and the end of 2029. This move includes the expansion of AI and cloud infrastructure. The sum comprises cash to support ongoing operations and funds to boost cloud and AI infrastructure. In its statement, the company also outlined measures to expand education and workforce programmes in the country. This includes giving tertiary students free access to AI productivity tools, supporting the government’s focus on digital skills development. More than 200,000 university and vocational students will receive a year of Microsoft 365 Premium with Copilot, providing access…
Abu Dhabi’s food safety authority has shut down a cafe located in the emirate’s Al Dhafra region for food safety violations. Desert Breeze Cafe, situated in the Madinat Zayed Western Souk, was found to have repeatedly violated food safety violations. The Abu Dhabi Agriculture Food Safety Authority also revealed the eatery had failed to implement effective corrective measures, necessitating an immediate intervention to safeguard food safety. The establishment’s practices posed a serious risk to public health. The authority recently shut down Index restaurant located in Mussafah Industrial in Abu Dhabi for violating food safety laws. Crackdown on businesses for violating…
RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan held on Thursday phone calls with foreign ministers of China and Japan. During the phone call, Prince Faisal and Chinese Minister of Foreign Affairs and Member of the Political Bureau of the Central Committee of the Communist Party of China Wang Yi discussed the latest developments in the region. Also on Thursday, Prince Faisal received a phone call from Japanese Minister of Foreign Affairs Toshimitsu Motegi. During the call, they discussed the latest developments in the region. They also reviewed bilateral cooperation between the two countries. Source: Saudi Gazette
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan held on Thursday a phone call with Russian Minister of Foreign Affairs Sergey Lavrov Source: Saudi Gazette
ABU DHABI, 2nd April, 2026 (WAM) — EDGE Group will mark its first participation at FIDAE 2026, Chile, expanding its presence in Latin America. From 7th to 12th April, EDGE will showcase a broad portfolio of cutting-edge solutions across air, land, and cyber domains, reflecting its integrated, multi-domain approach to modern defence. “Our debut at FIDAE highlights EDGE’s expanding role in Latin America’s defence technology landscape,” said Omar Al Zaabi, President of EDGE Commercial. “Building on our existing partnerships in the region, EDGE has positioned itself to offer highly disruptive systems while supporting local economic growth and technology development opportunities.”…
OpenAI recently secured a record $122 billion in fresh capital, lifting its valuation to $852 billion. This move comes as the AI player continues to accelerate spending on chips, data centres and enterprise growth. The funding round, OpenAI’s largest to date, was led by Amazon, Nvidia and SoftBank, which Bloomberg reported together contributed $110 billion. According to the publication, Amazon committed $50 billion, while Nvidia and SoftBank Group each invested $30 billion. Other backers included MGX, D.E. Shaw Ventures and TPG. OpenAI also opened the round to a limited pool of individual investors, drawing in around $3 billion. In a…
The UAE expressed its solidarity with Afghanistan over the victims of the floods and landslides after heavy rains hit the country in recent days. The natural disasters affected a number of regions, leading to multiple deaths and injuries of a number of people. Heavy rain and storms have killed at least 45 people over the past few days across Afghanistan and Pakistan, disaster officials in both countries said Monday. Rain sweeping across Afghanistan since Thursday has caused floods and landslides in multiple provinces. Across the border in Pakistan’s Khyber Pakhtunkhwa province, 17 people were killed and 56 wounded since Wednesday,…
RIYADH — On behalf of Saudi Minister of Foreign Affairs Prince Faisal bin Farhan, Deputy Minister of Foreign Affairs Waleed Al-Kheraiji attended the ministerial meeting to coordinate the reopening of the Strait of Hormuz via video conference on Thursday. The meeting, chaired by the United Kingdom and attended by ministers from 35 countries, discussed joint action to reopen the Strait of Hormuz. In her presidential speech, British Foreign Secretary Yvette Cooper said Iran’s “recklessness” in blockading the waterway was “hitting our global economic security.” The meeting emphasized that any infringement upon freedom of navigation constitutes a serious threat to international…
JEDDAH — Saudi Crown Prince and Prime Minister Mohammed bin Salman received on Thursday a phone call from Russian President Vladimir Putin. During the call, they discussed the rapidly evolving situation in light of the military escalation in the region. In this context, Putin affirmed Russia’s support for safeguarding Saudi Arabia’s sovereignty and territorial integrity.The two leaders discussed the negative repercussions of the escalation and its impact on maritime security and the global economy. They also exchanged views on a number of regional and international issues and topics of common interest. Source: Saudi Gazette
DUBAI, 2nd April, 2026 (WAM) — The Ministry of Economy and Tourism and the Dubai Financial Services Authority (DFSA), the independent regulator of banking, wealth & asset management, and capital markets in Dubai International Financial Centre (DIFC), on Thursday signed a Memorandum of Understanding to enhance cooperation and facilitate the exchange of information relating to the regulatory oversight of auditors and Designated Non-Financial Businesses and Professions (DNFBPs) within their respective jurisdictions. “The UAE has placed significant emphasis on developing a robust and advanced infrastructure for the financial services sector, given its importance as one of the main pillars for building…