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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

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...

New WEF report reveals technologies to impact world in the next five years

TIANJIN, CHINA -  The World Economic Forum on Tuesday announced its annual list of breakthrough technologies with the greatest potential...
  • The new technologies include flexible batteries, generative AI and sustainable aviation fuel.
  • These would be disruptive, attractive to investors, researchers, and achieve considerable scale within five years.

Will Artificial Intelligence really destroy humanity?

A group of scientists who were using AI to help discover new drugs ran an experiment where they tweaked their...
  • A less overtly sci-fi scenario sees "bad actors" using AI to create toxins or new viruses and unleashing them on the world
  • Large language models like GPT-3, which was used to create ChatGPT, it turns out are extremely good at inventing horrific new chemical agents

Extended reality: XR tech transforms GCC businesses

XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region,...
  • XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region, including academic, entertainment, and gaming
  • The new XR technologies are also reshaping retail and remote work, blurring the lines between the virtual and physical realms, says Raed Mikail, Founder and CEO of AVR Labs

AI chip giant Nvidia likely to invest in Europe

SANTA CLARA, US -  The CEO of Nvidia said that the world's most valuable chipmaker is "extremely likely" to invest in...
  • Nvidia would join other semiconductor giants like Intel that are also looking to open new operations in Europe.
  • The US firm, which specializes in chips coveted in the artificial intelligence boom, has seen its value hover around $1 trillion in recent weeks.

Operation Triangulation: Your iOS device might be at risk

Dubai, UAE - A highly sophisticated malware, known as Operation Triangulation, has recently been unveiled, revealing the covert surveillance capabilities...
  • The spyware operates discreetly, leaving no trace of its activities on the infected devices upon reboot
  • TriangleDB, the implant deployed in devices, operates in the device's memory, erasing any evidence of its presence

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

EU to tell big tech firms to curb election risks or face fines

BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...

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CES2024 pet tech: Throw a dog a bone – or an AI collar

Las Vegas, United States - They don't own smartphones and can't go online, but that doesn't prevent them from being connected:...

EU examines Microsoft large investment in OpenAI

Brussels, Belgium - The EU, racing to regulate the fast-moving world of artificial intelligence, said on Tuesday it has started a...

CES gadget fest a showcase for AI-infused lifestyle

The annual Consumer Electronics Show gathering boasts more than 3,500 exhibitors and is expecting some 130,000 visitors. Companies big and...

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Utilizing AI is only possible if skill gap is bridged, says expert

DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily...
  • As the rate of AI adoption increases, humans are essential to guiding the technology’s implementation and usage of these technologies.
  • Executives estimate that up to 40 percent of their workforce may need to reskill as a result of implementing AI or automation over the next three years.

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...
  • Investors, inventors and users of this technology need to take a lead in this task of educating the public, says Victor Riparbelli, CEO Synthesia.
  • The companies providing AI technology must educate through exposure to positive use cases of AI as quickly as possible, he added.

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...
  • Cookies, small files which are used to target advertising by tracking web navigation, have recently been subject to greater regulation.
  • Google announced in January 2020 that it would begin eliminating third-party cookies within two years, but the start has been delayed several times.