Tag Archives: UAE

Labour MP Malcolm Paul Agius Galea has criticised the choice of the United Arab Emirates, one of the world’s largest oil producers, as host of this year’s COP28 climate change summit.

“The UAE economy relies on oil, a fossil fuel, which creates toxic gases that escalate climate change,” Agius Galea said in Parliament this week.

He said it was very ironic that Sultan al-Jaber, chief executive of the UAE’s state-oil firm Adnoc, was chosen as president of COP28.

“His role clashes significantly with his role at COP28; it was quite annoying and there was a lot of resistance to it,” he said.

“A few days ago, he slipped up big time when he said he wants to use the money they are generating to contribute to combating climate change. When I hear such things, I shake my head…

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Investors in Panth Infinity Ltd are celebrating as the company has won a contract by CONNEXA FZC to establish an Artificial Intelligence (AI) Hub in the UAE. This collaboration is a significant development for Panth Infinity and presents a great opportunity for the company to expand its presence in the AI space.

The deal between CONNEXA FZC and Panth Infinity is worth approximately Rs 74 crore. It signifies the company’s growing reputation and dedication to the AI industry. The contract will not only enhance Panth Infinity’s business, but also raise its profile and provide a platform for further growth.

Investors are highly optimistic about the potential of Panth Infinity and the AI hub. They believe that the company is well-positioned to take advantage of the increasing demand for…