OPEC has revised its 2024 global oil demand growth forecast down by 106,000 barrels per day, citing weaker-than-expected demand in non-OECD regions, impacting overall oil demand.
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Vietnam’s food and beverage sector is expected to reach $29.8 billion in revenue by 2024, with a 10.92% growth, driven by increasing consumer confidence and rising demand for sustainable products.
The EU imported €478 billion in high-tech products in 2023, with China and the US leading the list of suppliers. Exports grew by 3 percent, reaching €461 billion.
The US economy added 254,000 jobs in September, beating projections of 140,000. The unemployment rate dipped to 4.1%, showing continued strength in the labor market.
The UAE’s insurance sector recorded AED 2.5 billion in profits for 2023, driven by higher investment income, and witnessed a sharp rise in written policies, according to the Central Bank of the UAE.
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Tiger Global is poised to join OpenAI’s new $150 billion funding round, alongside Thrive Capital, Microsoft, and other tech giants, marking a significant boost for the AI startup.
Apple announced the rollout of Apple Intelligence in October, offering new AI-powered tools for iPhone, iPad, and Mac, with future updates bringing more global language support.
Lenovo’s latest Yoga and IdeaPad models, unveiled at Innovation World 2024, feature advanced AI technology designed to boost productivity and creativity.
The successful launch of the UAE’s first SAR satellite by Bayanat and Yahsat represents a significant milestone in advancing the nation’s space strategy.