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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.

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

Arabs endorse draft law, strategy to regulate social media, up to $2m penalty for violation

The law will apply to a wide array of “illegal content” including, but not limited to, false and fake news,...
  • The objective is to establish a harmonized Arab legislative and fiscal base, which will safeguard Arab content and users
  • The strategy will address a wide array of “illegal content” including, but not limited to disinformation campaigns, false and fake news

NEOM and Volocopter conduct successful flight trials of air taxis

Riyadh, Saudi Arabia -- NEOM and Volocopter have announced a series of successful flight trials of electric vertical vehicles (eVTOL),...
  • The project is the result of an 18-month partnership between NEOM, the General Civil Aviation Authority (GCAA), and Volocopter.
  • The flight trials mark the first ever testing of an electric and zero-emission urban air mobility (UAM) system in Kingdom's futuristic city.

Gulf telecom shows robust growth, eyes new avenues

Driven by expats and national development programs, the UAE and Saudi Arabia are expected to experience growth in consumer and...
  • Driven by expats and national development programs, the UAE and Saudi Arabia are expected to experience growth in consumer and enterprise segments, say experts
  • Telecom operators in the region are diversifying into fintech, gaming, healthcare, cybersecurity, cloud, IoT, and emerging tech, driving digital transformations across sectors

Qatar provides maritime radio station licensing for small ships in Al Khor, Al Ruwais cities   

DOHA, QATAR -  The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
  • Qatar's Communications Regulatory Authority aims to process the requests of a large segment of the residents of the northern cities of the country.
  • These services will facilitate the completion of their applications related to maritime radio station licensing for small ships.

Middle East, Turkiye, Africa among top-3 regions prone to mobile financial scam

Dubai, UAE - Middle East, Turkey, and Africa (META) region ranks among the top three regions most prone to mobile...
  • 14 percent of installs of potentially unwanted mobile financial apps on Android phones were made by users in META region
  • The fraudulent mobile financial apps in question masquerade as legitimate microlending services, luring unsuspecting users into their trap

Initiative by Digital Economy Chamber to help firms set up in Dubai

DUBAI,  UAE -  Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced a...
  • The initiative will provide a comprehensive package of services designed to support tech, digital startups, SMEs, and MNCs.
  • The chamber’s strategy (2022– 2024) is focused on improving the digital business environment, developing support for digital firms.

Homework will ‘never be the same’ says ChatGPT founder

ChatGPT has captured the world's imagination with its capacity to generate human-like conversations, writing and translations in seconds. But it...
  • Sam Altman was in the Japanese capital as part of a world tour where he is meeting business and political leaders to discuss possibilities and regulations for AI
  • The ChatGPT founder said he felt "positive" about new regulatory frameworks for AI after meeting world leaders, without offering details, but reiterated his fears

DEWA’s R&D Center develops technology to simulate leaks in water transmission pipes

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) ’s Research and Development (R&D) Center has developed an advanced, smart...
  • The center developed the facility using software and hardware, based on the concept of the Internet of Things (IoT).
  • Based on experimental data using the facility, the developed algorithm was able to identify leakage events with 94.4 percent accuracy.

Top 3 deepfake threat scenarios users face in 2023

Dubai, UAE - The number of deepfake videos online is increasing at an annual rate of 900 percent according to...
  • Deepfakes can be used for social engineering, where criminals use enhanced images to impersonate celebrities
  • Deepfake videos can be created by manipulating a person’s face onto a pornographic video, causing harm and distress

UK to hold first AI summit, says Sunak on his US visit

Opening his two-day trip, the prime minister announced that Britain would hold the world's first summit on artificial intelligence in...
  • Britain's PM Rishi Sunak will meet President Joe Biden at the White House on Thursday for talks during which he will also voice unstinting support for Ukraine
  • Sunak opened his two-day US visit by laying a wreath at the Tomb of the Unknown Soldier at Arlington National Cemetery, with soldiers firing a 19-gun salute

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

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Rules are fine but educate public about generative AI: Expert

Dubai, UAE -- Regulations alone will not safeguard the public against nefarious uses of Artificial Intelligence, people also need to...

Google Chrome begins restricting cookies in first step towards elimination

Paris, France - Google has begun limiting third-party cookies for some users of its Chrome web browser, a first step towards...

AI breathes new life into old trends at CES gathering

Models on which AI is built have improved dramatically since last CES and the debut of OpenAI's ChatGPT, and they...

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Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’

DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered...
  • This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology.
  • This will pave the way for transformative changes in professional interactions between investors and businesses in Qatar.

5 WEF reports shaping your 2024 agenda

From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...
  • Buffeted by a global energy crisis, inflationary pressures and geopolitical instability, the move to clean energy has faced a challenging time.
  • This year's top 10 emerging technologies will likely become increasingly familiar in the years ahead as they help tackle some of our biggest challenges.

Google agrees to settle $5bn data privacy breach lawsuit

Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked...
  • The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them
  • Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode