The Latest Breaking News from UAE

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Remco Evenepoel finishes second behind the world, European and Tour de France champion, with Australia's Michael Storer third and American champion Quinn Simmons fourth

Nvidia stock inches higher as the Trump administration approves export of AI chips to the UAE. Cantor Fitzgerald sees NVDA shares climbing to $300 over the next 12 months.

Del Toro, Adam Yates, Vine, Sivakov and Majka named in seven-rider line-up

The U.S. government's recent approval of Nvidia Corp’s (NASDAQ:NVDA) chip exports to the United Arab Emirates marks a significant milestone in global AI geopolitics, and a potential tailwind for investors in semiconductor and tech-focused ETFs. Under a bilateral AI agreement from May, the UAE will receive advanced Nvidia chips while…

Nvidia (NASDAQ:NVDA) stock gained on Thursday after Washington approved billions of dollars in Nvidia chip exports to the United Arab Emirates (U.A.E.).

The UAE's AI buildout could be running into Silicon Valley's priciest roadblock — the “Nvidia Tax.” The term refers to the steep markups that come with using Nvidia Corp's (NASDAQ:NVDA) high-end GPUs, which have become the default choice for large-scale AI systems.

The U.S. has approved tens of billions worth of Nvidia AI hardware exports to the UAE under a new bilateral agreement linking up to 500,000 GPU shipments per year with $1.4 trillion in Emirati investment, in the U.S.

Archer Aviation Inc (NYSE:ACHR) shares are trading lower on Wednesday despite announcing a partnership with Cleveland Clinic Abu Dhabi to establish the UAE’s first hospital-based vertiport for electric vertical takeoff and landing (eVTOL) aircraft operations.