Three men have been charged in the US over the JPMorgan hack. The cyber fraud netted hundreds of millions of dirhams in illegal profit. The infiltration of the major financial company, as well as others, has been called breathtaking by prosecutors. A US attorney confirmed the enterprise dated from 2007 and accessed the personal information of more than 100 million people.
US judge dismisses Musk's fraud claims in OpenAI case
A US judge on Friday dismissed Elon Musk's fraud claims in his lawsuit accusing OpenAI and co-founder Sam Altman of betraying OpenAI's original mission, but plans to proceed to trial on Musk's breach-of-charitable-trust and unjust-enrichment claims.
Dubai South partners with Emirates NBD to support business community
Dubai South has signed a strategic Memorandum of Understanding (MoU) with Emirates NBD to support the financial growth of SMEs and facilitate access to a range of banking services.
DMCC to launch two new commercial towers for "Uptown Dubai" by 2028
The Dubai Multi Commodities Centre (DMCC) has launched two new commercial towers, “One Uptown Place” and “Two Uptown Place”, as part of the expansion of the Uptown Dubai area.
DIFC to become world’s first AI Native financial centre
The Dubai International Financial Centre (DIFC) has announced plans to become the world’s first AI-native financial centre.
AB Foods to split Primark from its food businesses
Associated British Foods has decided to separate its Primark fashion chain from its food businesses through a demerger following a review of the group's structure, it said on Tuesday.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, has emphasised the achievements of the Mohammed bin Rashid Al Maktoum Global Initiatives Foundation (MBRGI) in supporting more than 165 million people in 122 countries through aid.
The United Arab Emirates condemned in the strongest terms the terrorist attack that targeted two northern border posts in the State of Kuwait using two explosive-laden drones launched from the Republic of Iraq.
Sheikh Shakhbout bin Nahyan Al Nahyan, Minister of State, has discussed strengthening cooperation in investment, particularly in infrastructure and digital architecture, in a meeting with Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA).
