Al Habtoor Group has completed the installation of the last glass facade panel at Habtoor Towers in Dubai, being built in coordination with China Railway 18th Bureau Group Dubai. Once finished, the 1,740-unit project is positioned to become the world's largest single residential building. Handover will occur in stages, starting with over 1,300 apartments scheduled for delivery during the summer.
Emerging gold-producing countries across Asia are increasingly retaining domestic gold production through local refining, export duties, and central bank purchases rather than exporting raw ore to Western financial hubs. The trend is driven by efforts to protect sovereign reserves against foreign asset freezes and to reduce reliance on the US dollar. Analysts note that major central banks, including China's, have significantly expanded their bullion holdings while trimming US Treasury holdings.
French artificial intelligence startup Mistral has unveiled its new open-weight model, Mistral Large 4, during an event in Abu Dhabi. Chief Executive Officer Arthur Mensch claimed the model outperforms Chinese alternatives in specific domains, including cybersecurity. The open-weight model is scheduled for general public release on October 27.
The UAE has launched a programme to train approximately 80,000 government employees to become artificial intelligence super users capable of building AI agents. The announcement was made at the opening of the Ai Everything Abu Dhabi summit at ADNEC, which gathered over 400 exhibitors and 200 investors managing $100 billion in assets. Abu Dhabi officials reaffirmed their objective to establish the world's first AI-native government by 2027.
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