Innovate UK announces winners of its Agentic AI Pioneers Prize, awarding funding to startups advancing AI in life sciences, manufacturing and creative sectors. Read more: Innovate UK names winners of first Agentic AI pioneers prize
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Octopus Investments plans to cut around 20% of staff as it accelerates AI adoption, highlighting growing disruption across the asset management sector. Read more: Octopus Investments to cut 20% of staff as AI reshapes asset management
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HSBC could cut up to 20,000 jobs globally as it embraces AI to streamline operations, signalling a major shift in banking workforce strategy. Read more: HSBC could cut 20,000 jobs as AI reshapes global banking workforce
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UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Cebr as HSBC launches a £5bn AI productivity finance initiative. Read more: AI adoption could unlock £105bn revenue boost for UK mid-sized firms by 2030
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Britain’s largest car park operator NCP has filed notice of intention to appoint administrators, putting more than 1,000 jobs at risk across its 800 UK parking sites. Read more: NCP faces administration as Britain’s largest car park operator files court notice
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The UK and Ireland deepen economic ties as £937m in Irish investment creates 850 jobs and new energy interconnectors strengthen energy security at the UK-Ireland Summit in Cork. Read more: UK and Ireland strengthen economic partnership as £937m investment set to create 850 jobs
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Shipping giant Maersk has suspended operations at Oman’s Port of Salalah after a drone strike on oil storage facilities, highlighting growing disruption to global trade routes amid the escalating Iran conflict. Read more: Maersk halts operations at Oman port after drone strike widens Iran conflict disruption
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The campaign, titled “Our Home. Our Heart”, will give residents access to a wide range of “buy one, get one free” offers The post ENTERTAINER now increases free memberships to 100,000 UAE residents appeared first on Gulf Business.
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In his new role, Al-Hassan will oversee an integrated portfolio spanning ports and terminals, economic zones, digital platforms and logistics operations across the region The post ‘Monitoring developments in Arabian Gulf, Strait of Hormuz’, says DP World’s new GCC CEO and MD appeared first on Gulf Business.
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Call between UAE President Sheikh Mohamed bin Zayed and UK Prime Minister Keir Starmer highlights cooperation as conflict escalates The post UK PM Keir Starmer thanks UAE for ensuring safety of British nationals appeared first on Gulf Business.
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