Singapore-based Seviora Opens Middle East Office in ADGM

Singapore-based Seviora Opens Middle East Office in ADGM

Seviora Group, a leading Asia-based asset management firm headquartered in Singapore, has opened a Middle East office in the Abu Dhabi Global Market. Seviora will be able to better develop and offer bespoke investment solutions, co-investment...

Emirates Boosts Eid Travel with 17 Additional Flights to GCC and Middle East

Emirates Boosts Eid Travel with 17 Additional Flights to GCC and Middle East

Emirates will deploy an additional 17 flights to GCC and Middle Eastern locations from March 26 to April 6, to meet the high demand over the Eid Al Fitr holidays. "This year, over 371,000 customers are expected to fly with the airline...

Tencent Unveils T1 Reasoning Model, Escalating China's AI Competition

Tencent Unveils T1 Reasoning Model, Escalating China's AI Competition

Tencent, the Chinese internet behemoth, has formally introduced the T1 reasoning model, ratcheting up the rivalry in China's rapidly changing artificial intelligence scene. The T1 model, which was unveiled late Friday via its official WeChat...

China's PLA Adopts 'DeepSeek' AI for Non-combat Defense Operations

China's PLA Adopts 'DeepSeek' AI for Non-combat Defense Operations

China's People's Liberation Army (PLA) has begun deploying the Chinese artificial intelligence (AI) technology 'DeepSeek' for non-combat support, especially in military hospitals. According to media sources, the AI helps doctors...

AI Startup Perplexity Expresses Interest in Acquiring TikTok

AI Startup Perplexity Expresses Interest in Acquiring TikTok

Perplexity, an artificial intelligence (AI) startup, expressed interest in acquiring TikTok, which faces a deadline to divest from its Chinese owner or be banned in the United States. In a blog post, Perplexity described how it plans to...

DMT Introduces Sahel Rating System to Make Abu Dhabi More Accessible

DMT Introduces Sahel Rating System to Make Abu Dhabi More Accessible

In collaboration with several public and private entities, the Department of Municipalities and Transport (DMT) has introduced the Sahel Rating System, which is intended to be easily accessible throughout Abu Dhabi. In keeping with the goals of...

Hero MotoCorp Acquires 32.5% Stake and Injects Rs 525 Cr in Euler Motors

Hero MotoCorp Acquires 32.5% Stake and Injects Rs 525 Cr in Euler Motors

Hero MotoCorp, a leading motorcycle and scooter manufacturer, has announced a strategic investment of up to Rs 525 crore (approx. $60 million) in Euler Motors, an electric three-wheeler startup. Hero MotoCorp has made...

Japan's Core Inflation Rises 3% in February, Fueling Rate Hike Expectations

Japan's Core Inflation Rises 3% in February, Fueling Rate Hike Expectations

According to government data released on Friday, Japan's core inflation exceeded forecasts and hit 3% in February, supporting the argument for additional interest rate increases. According to economists surveyed, core...

JSW to Establish 0.5 MMT Copper Smelter in India, Odisha by 2028-29

JSW to Establish 0.5 MMT Copper Smelter in India, Odisha by 2028-29

JSW Group, India's steel-to-power conglomerate, plans to build a 500,000 metric ton copper smelter in the eastern state of Odisha by 2028/29, using copper concentrate from Peru and Chile as feedstock, according to the reports. JSW declared...

Saudi Aramco-backed Cognite Launches AI Services Center in Bengaluru

Saudi Aramco-backed Cognite Launches AI Services Center in Bengaluru

Cognite, a Saudi Aramco-backed industrial software firm, opened an AI services center in Bengaluru, southern India and said it was looking into potential contracts with top conglomerates in the country. The company stated that it had...

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