NEW YORK, 23rd August, 2026 (WAM) — Nvidia is preparing to raise prices for its artificial intelligence servers by more than 15 percent for systems scheduled to begin shipping early next year, following a sharp rise in memory chip costs. Bloomberg reported, citing informed sources, that the increases will cover systems equipped with Nvidia’s flagship Vera Rubin and Grace Blackwell chips, with the new prices to be determined according to the chip generation and memory configuration. Server manufacturers have begun notifying major data centre operators, including Microsoft, Google and Oracle, of the expected increases. Markets are awaiting Nvidia’s second-quarter financial…
Author: Editorial Team
SEOUL, 23rd August, 2026 (WAM) — A Korean container ship set sail for Europe via the Arctic on Saturday in the country’s first commercial voyage of its kind along the route, aimed at testing its commercial viability. The voyage is expected to take around 45 days in total, with the vessel scheduled to call at Felixstowe in the United Kingdom, Rotterdam in the Netherlands and Gdansk in Poland before returning to Korea. The Korean Ministry of Oceans and Fisheries said the “PanStar Acro” departed from the southeastern port city of Busan and is scheduled to enter the Northern Sea Route…
JEDDAH — Red alerts for heavy rain have been issued for parts of Saudi Arabia on Sunday, as thunderstorms, hail, and flash floods are forecast across several regions, according to the National Center for Meteorology (NCM). The NCM’s forecasts indicate rainfall of 10–50 mm per hour or more, over affected areas in the southwest. Orange alerts indicate moderate rain of 5–9 mm per hour, while yellow alerts indicate light rain of 1–4 mm per hour. In its daily forecast, the NCM said moderate to heavy thunderstorms accompanied by hail and active winds are expected to continue over parts of Jazan…
ABU DHABI, 21st August, 2026 (WAM) — Under the patronage of H.H. Sheikha Fatima bint Mubarak, Mother of the Nation, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF) and under the directives of Sheikha Fatima bint Hazza bin Zayed Al Nahyan, Chairwoman of the Board of Directors of the Fatima Bint Mubarak Ladies Sports Academy, and Chairwoman of Abu Dhabi Ladies Club and Al Ain Ladies Club, the Fatima Bint Mubarak Academy Volleyball Cup for Ladies 2026 got under way in Abu Dhabi…
ABUJA — Nigerian President Bola Tinubu ordered an investigation into a man accused of creating and operating a fake government agency, marking the second allegedly bogus agency uncovered in the country in recent weeks. Musa Adamu Aliyu, head of Nigeria’s anti-corruption watchdog, announced the investigation Friday after briefing Tinubu in the capital, Abuja. Authorities said the latest alleged fake agency, called the National Brands Development and Made in Nigeria Special Project Office, was operating illegally from a government office and was headed by George Buchi Nwabueze. Three senior government officials have been suspended in connection with the case, while authorities…
ROME, 22nd August, 2026 (WAM) — Italy’s natural gas reserves have approached 80 %, more than two months ahead of the October 31 storage deadline, though levels remain lower than those recorded at the same point last year. According to data released by Gas Infrastructure Europe (GIE), Italian gas storage reached 79.78 percent, equivalent to approximately 162.3 TWh, compared to 85.56 percent (173.7 TWh) during the corresponding period last year. Across Europe, overall gas storage exceeded 61 percent, standing at 61.37 percent (around 693.6 TWh). This marks the lowest level recorded for this time of year since 2009, down from…
TEHRAN — Iran’s military doctrine is shifting from a defensive to an offensive posture based on lessons learned from the country’s recent wars, an Iranian army spokesman said Saturday. Brig. Gen. Mohammad Akraminia told state news agency IRNA that the change had gradually emerged during what he described as the 12-day and 40-day wars. “Our country’s military doctrine was defensive in the past, but gradually during these two wars, we witnessed the military doctrine moving from a defensive posture toward an offensive one,” Akraminia said. He stressed that adopting an offensive doctrine did not necessarily mean Iran would conduct preemptive…
STOCKHOLM — The victim killed in a sword attack at a school in central Sweden was a 17-year-old girl, police said Saturday, as investigators continued to examine the motive behind the assault. An 18-year-old man armed with a sword carried out the attack at Brinell School in Fagersta, northwest of Stockholm, while classes were in session Friday. The attack left one person dead and three others injured, including two seriously. Police arrested the suspect and are investigating the case as murder and attempted murder. Authorities said there was no indication that additional perpetrators were involved. Officials in Vastmanland County said…
Irfan Shaikh. Founder and Managing Director Irfan Shaikh shares how intelligent automation, AI-powered analytics and an integrated digital ecosystem are driving operational excellence, scalability, and customer-centric innovation Artificial intelligence is transforming every aspect of business, from operations and customer engagement to decision-making and long-term growth. At Office Connect Group, AI is more than a technology upgrade. It is driving a fundamental transformation across the organisation’s diverse business verticals. Through intelligent automation, advanced analytics and an integrated digital ecosystem, the company is building a more agile, scalable and customer-centric enterprise. In this interview, Irfan Shaikh, Founder and Managing Director, Office Connect…
ABU DHABI, 22nd August, 2026 (WAM) — The Trade in Services and Investment Agreement (TISIA) between the United Arab Emirates and the Russian Federation has officially entered into force, marking a significant advancement in bilateral economic relations. The agreement will facilitate greater market access for services exports, strengthen protections for investors and create new opportunities for private sector collaboration across high-growth services sectors. The TISIA was signed on 8 August 2025 in Moscow on the sidelines of the visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to Russia, by Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister…