The UAE Central Bank keeps the base rate at 5.4%
Live: The Central Bank of the United Arab Emirates decided to keep the “base rate” on overnight deposit facilities unchanged at 5.40%, starting tomorrow, Thursday, September 21, 2023. This decision comes after the Federal Reserve announced that it would keep the interest rate on reserve balances unchanged at its meeting held today. The Central Bank […]
The Emirates Agthia General Assembly approves a distribution of 8.25 fils per share for the first half
Abu Dhabi – Mubasher: Agthia Group shareholders approved, during the General Assembly meeting yesterday, Tuesday, the Board of Directors’ proposal regarding the distribution of interim dividends for the first half of 2023. Agthia explained in a statement that the interim dividends distributed are equivalent to 8.25 fils per share, with a total value of 65.31 […]
EU Commission President Calls for Global Advisory Body to Address Risks and Benefits of Artificial Intelligence
New Delhi – In view of the dangers posed by artificial intelligence (AI), EU Commission President Ursula von der Leyen has proposed the establishment of a new global advisory body. A body similar to the Intergovernmental Panel on Climate Change (IPCC) could deal with the societal risks, but also with the possible benefits of the […]
Spending on purchasing digital applications in the UAE grew to 1.6 billion dirhams
Abu Dhabi – Mubasher: The volume of spending on purchasing digital applications in the UAE increased during the year 2022, by 25.3 percent on an annual basis. According to a report issued by the UAE Telecommunications and Digital Government Regulatory Authority, the volume of spending on purchasing digital applications during the year 2022 amounted to […]
Reid Hoffmann Explores the Boundaries of AI in His New Book: Ideas at the Push of a Button
“Artificial intelligence is the platform that powers the internet, mobile phones and the cloud. It is bigger than all three because it is built on them.” That’s what self-made multi-billionaire Reid Hoffmann says, who was one of the first to invest in OpenAI. He was at the forefront of how ChatGPT became the innovation of […]
The Triumph of the Austin Healey 100-6 and 3000: A Complete History of Rallying Success
by Graham Robson This is the complete story of the Austin Healey 100-6 and 3000’s rallying history, told in all its glory by expert motoring historian Graham Robson, as part of the ‘Rally Giants’ series. In nine eventful years – 1957 to 1965 – the six-cylinder-engined Austin Healey evolved into a formidable and increasingly specialised […]
Essential health services: 20 new health facilities in sight in the Kara region
PANORAMIC OF REFORMS BUSINESS CREATION (more informations) 15th in the world and 1st in Africa on the Doing Business (DB) 2020 business creation indicator, Togo continues its reform dynamic, with new reforms… EXECUTION OF CONTRACTS (more informations) Still in the depths of the Doing Business ranking in terms of contract execution, Togo, driven by its […]
Reid Hoffman: The Tech Legend Speaks on AI, Start-ups, and Megatrends
One who is familiar with new technologies like no other: Reid Hoffman. The self-made multi-billionaire and tech guru from Silicon Valley speaks exclusively for the German-speaking region with DER AKTIONÄR about artificial intelligence, his new start-up and its cooperation with the AI giant Nvidia and which other megatrends he has now kept an eye on […]
SAP Appoints Walter Sun as Global Head of Artificial Intelligence
Walter Sun The Microsoft manager will be the new head of AI at SAP. (Photo: SAP) Berlin SAP has closed the vacancy in the field of artificial intelligence (AI): The software manufacturer appoints Walter Sun as “Global Head of Artificial Intelligence”, as the company announced on Friday. The electrical engineer comes from Microsoft, where he […]
The stability of the exchange rates of the pound against the dollar… and the rise of the euro and sterling
Cairo – Mubasher: The exchange rate of the dollar against the Egyptian pound stabilized at the beginning of its dealings today, Wednesday, in Egyptian banks. And in the two largest local banks in terms of assets and transactions, “Al-Ahly of Egypt and Egypt,” the dollar recorded 30.75 pounds for purchase and 30.85 pounds for sale.. […]