Category: Business

EDB launches AI Wave programme to boost operations

ABU DHABI: Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, has launched its internal AI Wave programme, a strategic initiative aimed at enhancing AI literacy and adoption across …

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China’s foreign exchange reserves up 0.98% in August

BEIJING: China’s foreign exchange reserves totaled US$3.2882 trillion as of the end of August, up by $31.8 billion, or 0.98 percent compared to the end of July, official data showed Saturday.

Xinhua News Agency quoted the State Administration of Fore…

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Kuwait oil down to US$74.64 pb

KUWAIT: The Kuwaiti oil price went down one cent to US$74.64 per barrel on Friday, compared with US$74.65 pb the previous day, said Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency (KUNA), on a global scale, Brent crude…

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