Search Site

Tech & Media

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Apple to allow applications to be downloaded outside app store

Washington, United States - The American company Apple intends to provide the possibility of downloading applications from outside its official...
  • Developers will also be able to publish their applications in alternative stores without having to pay special fees to Apple
  • The Digital Markets Act requires technology companies to open their services and platforms to other companies and developers

Global Media Congress opportunity for showcasing AI advances: Expert

Abu Dhabi, UAE -- Rapid advances in AI technologies have created a major challenge for the media sector: the difficulty...
  • Professor Charlie Beckett of LSE says it is important to keep pace with AI advances like ChatGPT and Metaverse.
  • He said despite warnings about AI, it remained a useful tool for creating huge content and handling services using algorithms.

Al Ghurair to use Oracle solution

This will help HR teams improve business operations.
  • Through this strategic collaboration, Al Ghurair seeks to empower its employees through self-service capabilities.
  • Oracle Cloud HCM transforms the traditional functions of HR departments such as recruiting, training, payroll.

Blockchain enhances efficiency, security in aviation

Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
  • Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
  • Blockchain technology is revolutionizing aviation with enhanced transparency, security, and operational efficiency, promising significant cost savings, says Aerobloc's founder.

AI safety & innovation: Key focus of UAE-Spain tie-up

“I have been looking very carefully and intensely at the UAE’s strategy on AI, and it resonates a lot with...
  • UAE's artificial intelligence strategy is driving economic growth and establishing it as a global talent hub.
  • Collaboration between Spain and ADIA Lab in Abu Dhabi focuses on knowledge and talent exchange.

81% UAE companies plan to use AI for cybersecurity

AI has emerged as a transformative force in various sectors, revolutionizing how businesses operate, make decisions, and secure their assets,...
  • AI has emerged as a transformative force in various sectors, revolutionizing how businesses operate, make decisions, and secure their assets
  • The research has found that 94% of UAE respondents understand the potential cyber risks, and 89% feel their organization is cyber-ready

AI to contribute in enhancing low-emissions development

BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development. UN Climate Change’s Initiative on...
  • UN Climate Change’s Initiative on Artificial Intelligence for Climate Action explores the role of AI as a tool for climate action in developing countries.
  • It aims to deliver results both on policy and implementation, under the first joint work program of UN Climate Change’s Technology Mechanism.

Elon Musk’s xAI to release first AI model to ‘select group’

WASHINGTON, US - Elon Musk said his new artificial intelligence company would release a new AI model on Saturday to a...
  • The release would be the first from Musk's new startup, xAI, that he launched in July after hiring several researchers.
  • Musk compared AI to "a magic genie" that gives you any wishes you want, warning that such fairy tales rarely end well.

stc, Microsoft to collaborate

The aim is to advance digitalization in Saudi Arabia.
  • The two firms will jointly develop and deploy cutting-edge solutions that will transform and empower organizations across various industries.
  • The collaboration between the organizations aims to enable stc’s subsidiaries to explore new markets, develop disruptive business models.

Political and tech leaders tackle AI safety at inaugural summit

London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global...
  • The United Kingdom, the United States, the European Union and China have agreed to cooperate to ensure the safe use and deployment of AI technologies.
  • The summit identified an agenda of three key points: identifying risks, building risk-based policies in different countries.

California looks to Europe to rein in deployment of AI

The richest state in the United States by GDP, California is a hotbed of no-holds-barred tech innovation, but lawmakers in...

Company News

Latest News

EU gives accent to landmark rules on artificial intelligence

Brussels, Belgium - The European Union's 27 member states on Friday approved landmark rules on reining in artificial intelligence, passing a key...

UAE signs pact to develop digital infrastructure in Greece  

ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic...

The DCO Council announces multilateral initiatives to bridge digital divide

Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by...

Most Read

Over 70 percent of musicians fear AI, says French-German study

PARIS, FRANCE - More than two-thirds of musicians fear that artificial intelligence will make it impossible to make a living, according...
  • The report found that 35 percent were already using AI in a "large number of areas related to music creation".
  • The report added that estimated incomes would fall 27 percent by 2028, equivalent to some US$2.9 billion.

Dubai RTA awards US$95m contract to upgrade ticketing system   

DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...
  • The aim is upgrade the existing card-based ticketing system to an account based ticketing system, aligning with the top global practices.
  • It seeks to develop a flexible and 100 percent scalable digital infrastructure, ensuring 100 percent fintech integration in mobility solutions.

SIB, Noqodi sign agreement

The Noqodi platform will enable digital payments.
  • This pact aims to improve digital and electronic payment offerings available to SIB's corporate and individual business customers.
  • SIB's business clients will gain access to a broader range of digital payment solutions for seamless fee payments across various products.