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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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.

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

AI meets VR to keep Holocaust memory alive

Through AI, users of a VR headset can have a "conversation" with Holocaust survivor Inge Auerbacher, asking about her encounters...
  • The project is a collaboration between Los Angeles-based company StoryFile, the World Jewish Congress and Facebook-owner Meta,
  • StoryFile co-founder Stephen Smith, who has worked in Holocaust education, said the technology allows users to "talk to history through the people who went through it".

US SEC sues cryptocurrency platform Coinbase

NEW YORK, US -  US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities...
  • "Since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities," said the SEC.
  • SEC said Coinbase's failure to register "has deprived investors of significant protections, including inspection, record-keeping requirements."

YouTube most popular app on Android devices for UAE children

Dubai, UAE - YouTube emerges as the most popular app among children in the UAE on Android devices, with 37.8...
  • Baby Shark was the most searched for song among children, while Roblox and Minecraft were the favored games
  • Korean pop groups BLACKPINK and BTS, along with Puerto Rican artist Bad Bunny, topped the list of musical preferences

Apple launches spatial computer; takes VR world by storm

CUPERTINO, California: Apple on Monday unveiled Apple Vision Pro, a spatial computer that seamlessly blends digital content with the physical...
  • Apple CEO Tim Cook says: “Today marks the beginning of a new era for computing."
  • The breakthrough design of Vision Pro features an ultra-high-resolution display system that packs 23 million pixels.

‘AI adoption in UAE’s industries to propel economic diversification’

Abu Dhabi, UAE - The adoption of  artificial intelligence (AI)  is critical to propelling diversification of economic growth in the...
  • The MBZUAI commencement ceremony celebrated 59 students graduating with a master's in computer vision (CV) and machine learning (ML), and natural language processing
  • Guests and attendees gained insight into the exploration taking place at MBZUAI and the importance of these the projects utilising AI to solve humankind’s most pressing challenges

Bayanat, Yahsat shareholders to vote on merger and creation of SPACE42 on April 25

ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling...

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Baims acquires Orcas Edtech

The firm plans to incorporate one-to-one tutoring services.

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...

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...

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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...
  • The gadget extravaganza referred to as CES formally kicks off Tuesday in Las Vegas, boasting more than 3,500 exhibitors and expecting some 130,000 visitors
  • CES exhibitor and attendee numbers have jumped each year since the Covid-19 pandemic caused it to be an online-only event in 2021

Penguin, SkyBlue ink MoU

The aim is to redefine outdoor media advertising in Abu Dhabi.
  • Penguin and SkyBlue will collaborate on key advertising locations, with this being the Malaysian firm’s first move into the Abu Dhabi market.
  • This follows an agreement between the Malaysian outdoor advertising company with the Road and Transport Authority (RTA), Dubai.

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.