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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.

Data democratization a ‘game-changer’ for businesses

Experts highlight need for data literacy, good governance, and stringent security measures as data democratization revolutionizes decision-making in businesses in...
  • Experts highlight need for data literacy, good governance, and stringent security measures as data democratization revolutionizes decision-making in businesses in the region
  • Businesses in the region urged to take data security measures like threat detection, encryption, and anomaly detection as essential drills in this era of data democratization.

Need for big investments dark cloud over ChatGPT revolution

Building something even near the scale of what OpenAI, Microsoft or Google have on offer would require billions in investment...
  • Generative AI will be even more dependent on cloud computing and tech giants, leaving the same players in the driver's seat.
  • Regulators are hoping that they can keep up, and not leave the giants in charge, imposing their terms on smaller companies.

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

Break the cycle of cybercrime, don’t pay ransomware

Government bodies are now working towards finding solutions to the problem but businesses, beside devising strong backup strategies, need to...
  • Ransomware attacks have risen exponentially over the past five years as digital technologies have enabled cybercriminals to extort money effectively and almost untraceably
  • Prevention of ransomware requires a combination of people, processes, and technology as businesses, governments, hospitals, and critical infrastructures remain key targets

NASA taps Bezos’s Blue Origin to build Moon lander

Washington, United States - Two years after awarding Elon Musk's SpaceX a contract to ferry astronauts to the surface of the...
  • Bezos, the founder and former CEO of Amazon, said on Twitter he was "honored to be on this journey with @NASA to land astronauts on the Moon - this time to stay."
  • The Artemis program marks NASA's return to the Moon after more than 50 years and is made up of several missions, each with increasing complexity

Digital literacy to boost UAE’s tech, AI revolution

The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative...
  • The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative framework, says UAE Minister of State for AI
  • The UAE’s approach is multi-pronged, concentrating on skill development, nurturing digital competencies, encouraging innovation and cultivating entrepreneurship, he adds

e&, Vodafone form relationship

As per pact, e& is a cornerstone shareholder of Vodafone.
  • e& and Vodafone will explore offering joint cross-border digital services to multi-national customers and public sector organizations.
  • Services will include fixed and mobile connectivity, Mobile Private Networks, IoT, cybersecurity, and cloud-based services.

Rise of ChatGPT: GCC might lose 10 million jobs in 5 years

Its transformative power to reshape life has left people awestruck across the world, but the technology that powers ChatGPT might...
  • According to a Goldman Sachs economist, more than 65 percent of occupations will be partially or fully automated in the coming years
  • Critics of generative artificial intelligence that powers chatbots argue that it can never be able to replace the genius of human mind

EITC posts Q1 revenue at $936m

Revenue is due to demand for fixed, mobile services.
  • The prepaid customer base of EITC increased to 6.7 million, driven by the continued attractiveness of Flexi plans and brisk tourism activity.
  • EITC's commercial initiatives led to a 9.4 percent increase in mobile customers, with 8.2 million subscribers at the end of the quarter.

‘Godfather of AI’ quits Google to warn of the tech’s dangers

The scientist warned about the potential spread of misinformation created by AI, telling the media that the average person will...
  • Geoffrey Hinton, who created a foundation technology for AI systems, said that advancements made in the field posed "profound risks to society and humanity"
  • Hinton said that competition between tech giants was pushing companies to release new AI technologies at dangerous speeds, risking jobs and spreading misinformation

Gemini’s inaccurate AI racial images warn of tech titans’ power

AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...

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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...

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...

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...

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Saudi Arabia jumps to second rank in ICT index among G20 nations

Riyadh, Saudi Arabia -- Saudi Arabia jumped 10 ranks to second place among the G20 countries according to International Telecommunication...
  • The index monitors the economies of 169 countries to measure their progress in ICT services through two main pillars ‘universal connectivity’ and ‘meaningful connectivity.
  • It reflects the robust and developed digital infrastructure, with an increase of 99 percent of Internet penetration rate in Saudi Arabia.

7,000 digital marriage contracts delivered in Abu Dhabi since Oct

Abu Dhabi, UAE -- The Abu Dhabi Judicial Department has introduced a new service that allows marriage contracts to be...
  • This is the first service of its kind and it enables the marriage contract to be sent directly to the spouses during the contract session.
  • Customers can review the available times of the authorized officiants and receive the results of the suitors' medical examination automatically.

UNCTAD eWeek focuses on AI risks, e-commerce growth in developing countries

At UNCTAD eWeek 2023, experts stress the importance of aligning AI development with Sustainable Development Goals to mitigate risks and...
  • At UNCTAD eWeek 2023, experts stress the importance of aligning AI development with Sustainable Development Goals to mitigate risks and ensure a secure digital future.
  • Australia committed $2 million to UNCTAD for e-commerce support in developing nations, as Kenya unveiled a national strategy to spur its digital economy growth.