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28.04.26 - 16:48
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UAE quits Opec in win for Trump as oil cartel weakened (The Guardian)
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US president has accused organisation of 'ripping off the rest of the world' by inflating oil pricesBusiness live – latest updatesThe United Arab Emirates has quit the Opec oil cartel in a heavy blow to the group and its de facto leader, Saudi Arabia, amid the global energy shock caused by the Iran war.The stunning loss of the UAE, a longstanding Opec member, could create disarray and weaken the group, which has usually sought to show a united front despite internal disagreements over a range of issues from geopolitics to production quotas. Continue reading......
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27.04.26 - 12:01
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Dubai Home Prices Post First Post-Pandemic Decline (Bloomberg)
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Dubai has become one of the world's top real estate markets post-pandemic thanks to expats and foreign investors.
But the market has declined as a result of the regional conflict. Bloomberg's Zainab Fattah reports on Horizons Middle East and Africa (Source: Bloomberg)...
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25.04.26 - 05:24
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UAE To Move 50% Of Government Services To AI By 2028 (ZeroHedge)
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UAE To Move 50% Of Government Services To AI By 2028
Finally a practical use of AI.
In a world swimming in debt and overrun by government bloat and corruption, Dubai is taking a big step into the future. On Thursday, Sheikh Mohammed bin Rashid Al Maktoum, Vice-President of the UAE and Ruler of Dubai, announced that in two years, 50% of UAE's government sectors, services, and operations will run on Agentic AI, arguably the best use of the new technology yet.
The new "government model" was launched under the directive of UAE President Sheikh Mohamed bin Zayed Al Nahyan. It will make the UAE the first government globally to operate at this scale through autonomous systems.
"AI is no longer a tool. It analyses, decides, executes, and improves in real time. It will become our executive partner to enhance services, accelerate decisions, and raise efficiency," the Dubai Ruler said in a post on X.
"This transformation has a clear timeline. Two years. Performance across go...
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