Energy Minister Agrees with JPMorgan: ‘Reality Check’ Needed in Energy Transition Efforts – UAE’s Take on the World’s Goals in Renewable Energy

Riyadh, Saudi Arabia – The world’s energy transition goals and pathways have been called into question by JPMorgan, prompting a need for a reality check, according to UAE’s energy minister. Suhail Al Mazrouei emphasized the importance of assessing predictions, especially long-term ones, during an interview with CNBC’s Dan Murphy at the World Economic Forum in Riyadh, Saudi Arabia. JPMorgan recently cautioned that the shift from fossil fuels to renewables may take “generations” to achieve, citing …

Read more

**Microsoft Corp.** to Invest $1.5 Billion in UAE’s Top AI Firm – What You Need to Know!

Abu Dhabi, United Arab Emirates – Microsoft Corp. has made a significant investment of $1.5 billion in G42, the leading artificial intelligence firm in the UAE. This move demonstrates Microsoft’s commitment to reducing its presence in China while strengthening its partnerships in the Middle East. The collaboration between Microsoft and G42 includes Microsoft President Brad Smith joining G42’s board and G42 utilizing Microsoft’s Azure cloud for its AI applications. This agreement marks an expansion of …

Read more