Author: Arabian Media staff
Image credit: Dubai Media Office/Website In a landmark move for urban mobility, Parkonic, the UAE’s leading smart parking solutions provider, and Salik Company PJSC, Dubai’s exclusive toll gate operator, have partnered with Dubai Holding to roll out the region’s first fully autonomous, AI-powered on-street and off-street parking solution. The rollout will cover more than 36,000 parking spaces across some of Dubai’s most iconic communities. Read-Smart parking in Dubai: How will it reinvent mobility in the city This initiative is fully aligned with Dubai’s Smart City 2030 and Future Mobility Vision, and aims to transform the way residents and visitors experience…
Caterpillar shares bounced into the green after the company missed second-quarter profit expectations but beat on sales and raised its growth outlook. Source link
Pfizer’s stock gains after the drugmaker boosted its full-year profit outlook. Source link
Molson Coors cuts its full-year earnings outlook, citing economic pressures on the consumer and aluminum tariffs, and the stock falls. Source link
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Image credit: Getty Images As August sets in, the UAE enters the most oppressive phase of its summer, where soaring temperatures are now combined with rising humidity, turning daily life into a true endurance test. While June and July brought the dry, blazing heat typical of the desert climate, mid-August marks a shift—where the air becomes thick, damp, and stifling. Read-Unusual weather system to bring clouds and rain to UAE “It is during this period that temperatures combine with moisture in the air to create a sweltering atmosphere,” explained Ibrahim Al Jarwan, Chairman of the Emirates Astronomical Society. This sticky,…
There’s a good chance Nvidia won’t become the U.S. stock market’s first $5 trillion company. Source link
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The stand-up comedian has had a busy year, with a new book and Netflix special Source link
Tesla Inc.’s rough stretch in Europe continued as data from Germany and the U.K. showed the U.S.-based electric-vehicle maker’s sales were cut in half last month. Source link