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    Home » Mohammed bin Rashid announces new appointments in UAE government
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    Mohammed bin Rashid announces new appointments in UAE government

    February 28, 2021
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    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced new appointments in the UAE government, as per directives given by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and in consultation with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
    His Highness Sheikh Mohammed bin Rashid appointed Hamad Mubarak Al Shamsi, the former secretary general of the Supreme Petroleum Council in 2014, as a state minister, and Khalifa Saeed Sulaiman as chairman of protocols for the Vice President and Prime Minister of the UAE, which has a ministerial ranking.
    His Highness wished them continued success in performing their duties, and in continuing the march of giving in the service of the nation. Sulaiman previously worked as Director-General of the Dubai Protocol and Hospitality Department.
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    Technology July 29, 2026

    Apple market cap reaches 4.94 trillion to top Nvidia

    The valuation shift reflects broader recalibrations across international financial markets as institutional managers re-evaluate capital commitments tied to artificial intelligence infrastructure. While competing hyperscale computing enterprises including Alphabet and Tesla accelerated capital investments toward data centers, robotics, and autonomous transport networks, Apple maintained disciplined expenditure controls over consecutive fiscal quarters. Market participants increasingly view Apple’s disciplined spending approach as a operational buffer, allowing the firm to expand its proprietary Apple Intelligence software ecosystem without incurring high infrastructure depreciation costs. Trading patterns across major equity benchmarks highlighted diverging sentiment between hardware component suppliers and consumer technology platforms. Nvidia shares experienced increased selling pressure alongside wider pullbacks across semiconductor equities, as investors scrutinized the timeline for financial returns on massive artificial intelligence data center investments. The Philadelphia Semiconductor Index recorded notable weekly declines as market participants reassessed elevated valuation multiples across pure-play chipmakers. Despite persistent demand for graphics processing units, concerns surrounding energy supply constraints, macroeconomic interest rate trajectories, and capital expenditure intensity weighed on semiconductor equity prices.

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