Oil prices remain stable as markets look for demand growth

Abu Dhabi: Oil markets continue to maintain their footing in the low to mid $40 range, as markets look for demand growth to sustain any upward price movements beyond their current levels. Prices on Friday saw a second weekly gain with global benchmark Brent on $44.40 and West Texas Intermediate (WTI) closing at $42.01, coming […]

Sheikh Mohammed approves UAE action plan on AI, digital economy

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has approved the UAE’s action plan on artificial intelligence and digital economy. During a meeting held Monday, Sheikh Mohammed said that the contribution of the digital economy was at 4.3 per cent of GDP in 2019, something which […]