Dubai posts real estate transactions worth $3.5bn in week ending January 19
DUBAI, UAE - The real estate and properties transactions valued at US$3.5 billion (AED13 billion) in total during the week...Business
In Davos, AI excitement persists but fears over managing risks
A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent...Business Economy Geostrategy Global Tech & Media
Twitter reexamining Musk’s takeover offer: report
Twitter is reconsidering Elon Musk's buyout proposal, with discussions between the two camps ongoing Sunday, The Wall Street Journal reported,...Tesla CEO Musk said Thursday he had secured close to $46.5 billion to finance the transaction
The potential turnabout on Twitter’s part comes after Musk met privately Friday with several shareholders of the company
Bahrain announces ban on single-use plastic bags from Sept. 19
Bahrain has announced a ban, effective from September 19, on selling, manufacturing, circulating and importing single-use plastic bags, which are...The ministry said the ban would apply on selling, manufacturing, circulating and importing single-use plastic bags, which are less than 35 microns in thickness.
Industry minister Al Zayani said that the ministry held stakeholder engagement sessions especially with the private sector through the Bahrain Chamber of Commerce and Industry.
Qatar Development Bank investments in SMEs exceed $27 million
For the first time, direct investments supervised by Qatar Development Bank in SMEs has exceeded QR 100 million ($27 million)....The total amount of direct and indirect investments in the bank’s portfolio has reached QR 220 million.
The Bank held the 4th edition of the Investment Forum, in which it launched the first investment platform of its kind in the State of Qatar.
Saudi Arabia to host Global Cybersecurity Forum in November
The National Cybersecurity Authority is organizing the annual event under the theme Rethinking the Global Cyber Order.Over two days, experts from around the world are expected to gather to address the most pressing issues facing the cyberspace
These include the evolving international order in cyberspace, the state of cybersecurity threats, and the solutions to threats
‘Bleed us dry’: Why tech platforms are facing rebellions
Tech platforms create walled gardens where buyers and sellers are protected from cybercriminals and fraudsters, and standards of quality are...Etsy, Uber, and food-delivery outfits operated 'highly ambiguous' systems that allowed 'complete ownership and surveillance power over their clients'
In one case of pushback, 10,000 sellers on Etsy closed their online shops for a week from April 11, in what was effectively a strike
Yemen capital’s first commercial flight since 2016 postponed
Hours before the flight, the airline said on its Facebook page that "it has not yet received operating permits," and...The airport in Yemen was hoping to receive the commercial aircraft on Sunday morning after seven years of war
The halt on Yemen's commercial flights prevented sick civilians from seeking urgent medical treatment in foreign countries
Should you invest in Metaverse real estate?
The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien...Revenues from the Metaverse are estimated to grow to $800 billion in 2024
Metaverse plot prices rose from $100 in January 2021 to $15,000 in December 2021
Fintech giant Stripe allows Twitter stars earn cryptocurrency
Online payments giant Stripe on Friday said it will start letting Twitter stars get paid in a dollar-pegged form of...Stripe said in a blog post that it is eager to expand the option to other online platforms
The company will do the behind-the-scenes work to enable a "select group" of popular Twitter figures to get paid
UAE and KSA stock markets remain flat this week
Against the backdrop of mounting concerns about the supply of crude oil, the stock markets in Saudi Arabia and the...The Saudi Tadawul stock exchange ended the week with a loss, after a three-week period of considerable gains in the month of April
Aramex's stock helped the Dubai index end the week with high results, while crude oil prices dragged down the gains in Abu Dhabi
EU to bring in law requiring Big Tech to remove harmful content
The European Union early Saturday finalized new legislation to require Big Tech to remove harmful content, the bloc's latest move...The Digital Services Act (DSA) aims to ensure tougher consequences for platforms and websites that host a long list of banned content ranging from hate speech to disinformation
EU officials and parliamentarians finally reached agreement at talks in Brussels early Saturday on the legislation
