Author: UAE Gazette
Robo.ai Inc. (NASDAQ: AIIO) (the “Company” or “Robo.ai”) today announced that it has entered into a joint venture agreement with Abu Dhabi-based Eleven International Holdings for the proposed establishment of Alif Holding, an intelligent industrial technology group (the “Group”). The Group will be headquartered in Abu Dhabi, with Robo.ai holding a controlling stake, and will develop intelligent software and smart equipment for government, infrastructure and industrial sectors across the UAE, the GCC region and global markets.
Real Madrid and ELITE Solar today announced a new global strategic partnership, bringing together one of the world’s most iconic sports institutions and a leading global photovoltaic manufacturer committed to advancing the clean energy transition. Through this partnership, ELITE Solar becomes an Official Partner and Official Solar Panel Provider of Real Madrid, joining forces with a club recognized worldwide for its pursuit of excellence, innovation, and leadership. The collaboration reflects the shared values of both organizations and their commitment to creating a lasting positive impact on future generations.
Nearly 2 million international tourists visited the Republic of Korea in June, propelling the total count of foreign arrivals in the first six months of the year past a significant threshold. Data released by the Emirates News Agency confirmed that Korea’s foreign tourist entries surpassed 10 million in H1, driven by consistent double-digit growth in key regional markets. According to statistics from the Ministry of Culture, Sports and Tourism, June alone saw 1.99 million foreign visitors, marking a 23.1 percent rise over the same month last year. This strong monthly increase brought the cumulative figure for the first half of the year to 10.71 million arrivals, representing a 21.3 percent increase from the 8.8 million recorded during the same period in 2025 and surpassing pre-pandemic 2019 levels by 26.9 percent.
On Monday, the American technology giant Nvidia announced the creation of an international technology alliance involving around 40 leading firms in tech and cybersecurity to tackle weaknesses in artificial intelligence systems. As reported by Emirates News Agency, Nvidia’s Open Secure AI Alliance aims to enhance AI safety with key partners including Microsoft, Dell Technologies, CrowdStrike, SpaceX, and Hugging Face. The coalition’s objective is to develop open-source defensive standards, detect system vulnerabilities, and protect autonomous software models from emerging cyber threats.
LAU ranked third globally in SDG 1: No Poverty—up from the fifth position last year—thanks to its extensive scholarship and financial aid offering. In SDG 8: Decent Work and Economic Growth, it placed 19th—a testament to the many initiatives, programs, and curricula that significantly enhance graduates’ employability and access to economic opportunity. Another significant feat is its 24th placement in SDG 17: Partnership for the Goals, which illustrates the university’s reach through its broad network of local, national, and international collaborations.
The ITU’s AI for Good Lab forms part of the implementation agenda of the United Nations AI for Good Impact Initiative, helping developing and emerging economies move beyond isolated AI pilot projects and build the policy, skills and public infrastructure needed to deploy locally relevant AI solutions responsibly and at scale. The Lab brings together three interconnected areas of support: national AI readiness and policy, skills development and public AI infrastructure.
Quidax, the first digital assets exchange to receive a provisional licence from Nigeria’s Securities and Exchange Commission (SEC), today announced the expansion of its stablecoin infrastructure to more than 21 countries and 14 currencies, enabling startups, fintechs, and global enterprises to move value seamlessly across Africa and key international markets. Africa loses an estimated $5 billion annually to cross-border payment fees and inefficiencies. When a business in Accra, Ghana pays a partner in Durban, South Africa through traditional channels, that payment is routed through a correspondent bank in Europe, a journey that can take up to 7 days and costs up to 13% of the transaction value, more than twice the global average of 6%.
The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.
Guggenheim Abu Dhabi is a defining moment in our cultural journey. The museum is shaped by the emirate’s long-held conviction that culture is the most enduring bridge between peoples and a building block for forward-looking societies. It brings new perspectives to modern and contemporary art, shining a light on art from all around the world. As a key element of Saadiyat Cultural District, the museum will create transformative new opportunities for learning, creativity, and cultural exchange, inspiring future generations to explore their own potential. Here, everyone belongs and can see themselves reflected in the stories the museum tells, engaging with ideas and artistic voices from across the world.
Bringing together jersey sponsorship, world-class sporting infrastructure, and advanced artificial intelligence capabilities, the expansive agreement reflects a shared commitment to exploring how technology can shape the future of football both on and off the pitch.