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Labubu’s Popularity Mirrors Beanie Baby Bubble, Analyst Warns

The rapid rise in demand for Pop Mart’s Labubu collectibles has raised concerns about the sustainability of their market value, with some analysts drawing comparisons to the infamous Beanie Baby craze that imploded in…

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UAE Non-Oil Private Sector Growth Slows to 53.8

Business conditions across the United Arab Emirates’ non-oil private sector eased with the headline S&P Global UAE Purchasing Managers’ Index slipping…

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Prompting Diversity Unlocks AI Creativity

A study led by scholars at Stanford University and Northeastern University has shed light on why large language models often produce…

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Manufacturing Poised to Drive UAE Growth

The manufacturing sector in the United Arab Emirates, accounting for 15 per cent of gross domestic product, is set to become…

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Diwali Demand Fuels Unprecedented Gold Surge

Gold continues its ascent worldwide as festival-driven demand collides with macroeconomic turbulence. Spot prices have broken past $4,300 an ounce, prompting…

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AI Overtakes Humans in Empathy Tests, Study Finds

Large language models powered by artificial intelligence are now matching or even exceeding human-level empathic accuracy based solely on text, according…

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Deloitte to Repay for Faulty AI-tainted Report

Deloitte Australia will reimburse part of the A$440,000 it earned from the Department of Employment and Workplace Relations after a commissioned…

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Wikipedia Under Siege from AI Escalation

Wikipedia’s position as a trusted repository of knowledge is under intense pressure from the accelerating adoption of generative artificial intelligence, which…

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Wizz Air to Restart Abu Dhabi-Europe Flights

Wizz Air Hungary is reopening bookings for flights from Abu Dhabi to several European destinations, with services beginning in October and…

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DAE Taps Banks for US$ Sukuk Roadshows

Dubai Aerospace Enterprise has enlisted a consortium of international and regional banks to host a series of fixed income investor calls…

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Corporate tax filings hit new heights in UAE

More than 640,000 companies have registered under the UAE’s corporate tax scheme as the Federal Tax Authority reported strong uptake in…