Author: UAE Gazette
EIB Group backs €17.4 billion in financing, including €3.7 billion for energy projects and €800 million for Romania’s Cernavodă plant refurbishment and Moldova. The post EIB approves €3.7 billion for energy projects appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..
DUBAI, UAE / RankWire.AI / July 16, 2026: Dubai-based carrier flydubai will add a second daily service between Dubai and Bangkok from July 18, doubling capacity on the route less than three weeks after its launch. The airline began daily flights from Dubai International Airport to Don Mueang International Airport on July 1 and said […] The post flydubai Bangkok flights double to twice daily from July 18 appeared first on Arabian Observer: Observe more. Understand Arabia..
Artists want direct input into Australia’s Office of AI while Canberra prepares copyright protections and national artificial intelligence rules. The post Australia AI office faces calls for artist representation appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..
Egypt’s foreign reserves crossed $55 billion for the first time in June, extending six straight months of growth to a new historic high. The post Egypt reserves cross $55 billion for first time in June appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..
Nearly 200 wildfires burn across northern Ontario, forcing evacuations, closing highways and sending hazardous smoke toward Toronto. The post Nearly 200 wildfires force evacuations in northern Ontario appeared first on Arabian Observer: Observe more. Understand Arabia..
MUNICH, July 16, 2026 /PRNewswire/ — In his speech at the industry convention in Munich, President of Smart PV & ESS Product Line, Huawei Digital Power, Steven Zhou, said the company’s strategic focus on grid-forming, integrated solutions that reinforce grid stability to support high renewable penetration in Europe. In Europe, the penetration of wind and solar is expected to reach 64% by 2030. At the same time, the power system is facing challenges – such as reduced grid resilience and weakened system strength – due to high dispatching complexity and the declining share of traditional synchronous generators.In response, European markets are…
Presents a global Physical AI vision through K-POP humanoid robot performances and a keynote addressSEOUL, South Korea, July 16, 2026 /PRNewswire/ — Yong-ho Choi, CEO of Galaxy Corporation — a leading global Physical AI enter-tech company — captured the attention of global AI industry leaders and international media by delivering a major keynote address and showcasing a K-POP humanoid robot performance on the finale stage of the ‘AI for Good Global Summit 2026’, hosted by the UN’s International Telecommunication Union (ITU). On July 10 (local time) at the Palexpo in Geneva, Switzerland, Choi delivered his keynote speech under the theme of…
DUBAI, UAE, July 16, 2026 /PRNewswire/ — Roborock, the world’s #1 best-selling robotic vacuum brand according to IDC and the official partner of Real Madrid C.F., now introduces the Qrevo S Pro to consumers across the UAE and Saudi Arabia. Whether you’re a busy professional, a pet owner, or a parent with young children, the Qrevo S Pro handles daily cleaning challenges with ease. This new robot vacuum and mop delivers powerful performance and maximum convenience at a price that offers superior value – making advanced robotic cleaning accessible to more households in the region than ever before. Hands-Free Living…
HOUSTON, July 16, 2026 /PRNewswire/ — Consolidated Contractors Company (CCC) and US – based Crest Investment Company, which is already involved in Syria and Iraq through its subsidiaries, are pleased to announce the signing of two Memoranda of Understanding (MOU) to establish jointly owned construction and development companies in the Syrian Arab Republic and the Republic of Iraq. These newly formed companies will work closely with government and private partners to pursue opportunities for growth, jobs, and prosperity in both countries through strategic projects in the transportation, power, water, energy, oil and gas, industrial, residential, commercial, telecommunications, and public sectors.…
MUSCAT, Oman, July 15, 2026 /PRNewswire/ — Future Fund Oman (FFO), a portfolio of Oman Investment Authority (OIA), the Sultanate of Oman’s sovereign wealth fund, has announced a new package of 105 strategic projects and investments worth USD 1.744 billion, as the Sultanate of Oman accelerates its economic diversification. The portfolio combines USD 585 million in commitments from FFO with around USD 458 million in local investment, spanning renewable energy, advanced manufacturing, tourism, healthcare, medical technologies, innovation and food industries.”This portfolio directs capital toward nationally prioritized sectors and strengthens Oman’s appeal to global investors,” said His Excellency Mulham Al Jarf,…