The UAE’s Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), today unveiled two major AI advancements: Falcon Arabic, the first-ever Arabic language model in the Falcon series - now the best-performing Arabic AI model in the region - and Falcon-H1, a new model that redefines performance and portability through a new architectural design. In the small-to-medium size category of AI models (30 to 70 billion parameters), Falco...

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, listed on the Dubai Financial Market (DFM), reported its first quarter 2025 consolidated financial results, recording quarterly revenue of AED 5.96 billion, EBITDA of AED 2.43 billion, operating profit of AED 838 million and net profit of AED 496 million. The company also generated a record net cash from operations of AED 3.85 billion resultin...