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Beyoncé Makes History With First-Ever Grammy Win For ‘Cowboy Carter’

In a historic moment for Beyoncé, the music icon secured her first-ever Album of the Year Grammy at the 2024 ceremony, with her country-inspired album Cowboy Carter. This victory came after years of being nominated but never clinching the prestigious award, despite accumulating more lifetime Grammys than any other artist.

Beyoncé, visibly moved, took the stage to express her gratitude: “I feel very full and very honored. It’s been many, many years,” she said, her words resonating with the audience.

Meanwhile, Kendrick Lamar dominated the night, taking home both Record of the Year and Song of the Year for his fiery track “Not Like Us,” a powerful diss aimed at Canadian rapper and singer Drake.

The title of Best New Artist went to Chappell Roan, lead singer of Pink Pony Club, who used her platform to call for better treatment of musicians by record labels. She passionately advocated for fair wages and healthcare for artists, recalling how she once felt “dehumanized” by the lack of health insurance. “Labels, we got you, but do you got us?” Roan asked, delivering a powerful message to the industry.

This year’s Grammys were more than just a celebration of music; they also served as a fundraiser for victims of the recent devastating wildfires in Los Angeles, which had claimed 29 lives and displaced thousands, including numerous musicians. The show, which aired live on CBS, kicked off with an emotional performance of “I Love LA,” featuring an all-star ensemble of musicians including Dawes, John Legend, Brad Paisley, St. Vincent, and Brittany Howard. Host Trevor Noah acknowledged the dual purpose of the evening, saying, “Tonight, we are not only celebrating our favourite music, but also the city that has given us so much of it.” Throughout the night, Noah encouraged viewers to contribute to the relief efforts.

The winners of the Grammy Awards are selected by the 13,000 members of the Recording Academy, including singers, songwriters, producers, and engineers.

UAE Embarks On 2031 National Investment Strategy To Boost Annual Foreign Inflows

The UAE has set a bold vision with its National Investment Strategy 2031, targeting an elevation in annual foreign investment inflows from AED112 billion ($30.5 billion) in 2023 to AED240 billion ($65.4 billion) by 2031. His Highness Sheikh Mohammed bin Rashid Al Maktoum highlighted the strategy’s goal to transform the UAE into a premier global investment hub. Aiming to swell the foreign direct investment stock from AED800 billion to AED2.2 trillion, this strategy focuses on key sectors: industry, financial services, transport and logistics, renewable energy, and telecommunications.

Key Initiatives And Economic Contributions

The approved strategy includes 12 new programs and 30 distinct initiatives, such as the Financial Sector Development and the Investment Offices Promotion Incubator. Currently, foreign direct investment contributes significantly to the GDP, with predictions to increase its share to over 30% of the total investments by 2031.

Dive deeper into the global market shifts in Wall Street Tumbles Amid Trade Tensions.

Technological And Digital Advancements

The strategy outlines the UAE’s vision to become a digital economy powerhouse by 2031, intending to enhance the digital economy’s current contribution to GDP from 9.7% to 19.4%. The Industrial Technology Transformation Index (ITTI) will also play a pivotal role in gauging technological advances and sustainability practices.

The introduction of a remote work system and the launch of the National Green Certificates Program further highlight the UAE’s efforts to harness global talent and promote sustainable development.

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