Samsung has confirmed that overheating batteries in its Galaxy Note 7 smartphones caused them to catch fire. In September last year, the tech giant recalled more than 2.5 million devices because of the defective lithium batteries. They have confirmed that neither software or hardware other than the batteries were to blame, and that the batteries were either made the wrong size for the phone, or had other production flaws. The recall is thought to have cost the South Korean firm AED15 billion.
UAE and Ireland boost cooperation in tourism and the new economy
The UAE and Ireland are set to deepen economic and tourism collaboration following high-level talks in Dubai between Abdulla bin Touq Al Marri, Minister of Economy and Tourism, and Ireland’s Minister for Enterprise, Tourism and Employment, Peter Burke.
ADX sees introduction of 17 securities during 2025
The Abu Dhabi Securities Exchange (ADX) saw the introduction of 17 securities during 2025, Group CEO Abdullah Salem Al Nuaimi said on Tuesday.
Microsoft unveils $23 billion in new AI investments with big focus on India
Microsoft on Tuesday unveiled about $23 billion in new artificial intelligence investments, with the bulk earmarked for India as it deepens its bet on one of the world's fastest-growing digital markets.
FNC approves Union General Budget for Fiscal Year 2026
The Federal National Council (FNC) approved a federal draft law on Tuesday, linking the Union General Budget and the budgets of independent federal entities for the fiscal year 2026.
H.H. Sheikh Maktoum commends DIFC’s contributions to D33 goals
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), has reviewed DIFC’s latest strategic progress and future plans during a meeting of the Higher Board of Directors.
