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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.

Hackers dump Australian health data online, declare ‘case closed’

In November the hackers demanded health insurer Medibank pay US$9.7 million to keep the records off the internet -- or...
  • Medibank refused to pay at the urging of the federal government, which at the height of the crisis considered making it illegal for hacked companies to hand over ransoms
  • Australian Federal Police Commissioner Reece Kershaw said in November the hackers were believed to be a group of "loosely affiliated cyber criminals" who were based in Russia

Global Data Dialogue summit in Dubai to discuss AI, public policy, media

The summit will bring together data leaders, high-level government officials, entrepreneurs, technologists, scientists and journalists to engage in dialogue on...
  • The summit will bring together data leaders, high-level government officials, technologists, scientists and journalists to engage in dialogue on making data a global good
  • Participants will be provided opportunities to network, and participate in plenary sessions, flash talks and a fact-checking workshop

NEXT50 unveils platform for firms to maximize their business values

Abu Dhabi, UAE -- NEXT50 today launched PLATFORM50, a one-stop-shop solution for organizations to maximize business value and address tomorrow’s...
  • PLATFORM50 is designed to support organizations as they accelerate the adoption of AI, advanced analytics-based solutions, and automation.
  • AI is set to contribute up to $15.7 trillion to the global economy in 2030 and $320 billion to the Middle East alone.

ADDED digitally links freezones in Abu Dhabi

ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has completed the e-link project with four freezones...
  • The e-link with freezones helps in providing info and data of the beneficial owner of economic establishments in line with laws and regulations in the UAE.
  • They will enhance the country status in following highest level of international standards of transparency and governance.

Abu Dhabi launches smart manufacturing index

ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has launched the 'Abu Dhabi Smart Manufacturing Index',...
  • The Index empowers manufacturers with the necessary knowledge and training to initiate an Industry 4.0 transformation journey.
  • It breaks down sophisticated concepts into six building blocks to provide a clear and easy-to-follow roadmap.

Abu Dhabi launches association to promote blockchain in region in line with TOP CEO Conference call in May

The Middle East, Africa and Asia Crypto and Blockchain Association aims to bring industry players together to discuss strategies and...
  • The Middle East, Africa and Asia Crypto and Blockchain Association aims to bring industry players together to discuss strategies and address the challenges faced by the sector
  • Experts at the TOP CEO Conference and Awards held in May 2022 had called for entities such as MEAACBA to inform the masses and develop an ecosystem for blockchain and cryptos

SoftBank Q2 net profit at $21.4b

Firm's reduction of stake in Alibaba partly helped.
  • Falling share prices for many of its tech start-up ventures continue to hurt the company's balance sheet.
  • The investment behemoth has made huge bets to find and grow new tech companies around the world - making its earnings vulnerable to fickle market forces.

Saudi Broadcasting Authority signs agreements with global media firms

Riyadh, Saudi Arabia--- The Saudi Broadcasting Authority (SBA) and three international companies with expertise in the technological and media sectors...
  • The agreements were signed at the Future of Media Exhibition (FOMEX), which was hosted in Riyadh alongside the 22nd Arab Radio and TV Festival.
  • The Arab Radio and TV Festival was for the first time held outside Tunisia since its inception in 1981.

NEOM has a strict data and information security strategy: CEO

Eng. Al-Nasr called for developing new and innovative ways to confront escalation in cyber-attacks and address them quickly.
  • Eng. Al-Nasr called for developing new and innovative ways to confront escalation in cyber-attacks and address them quickly
  • He called for finding and providing technical security solutions that give access to the best possible safe environment for users of the futuristic city’s technologies

Hub71, Yahsat partner to support satellite operations tech

Hub71 and Yahsat are both supported by Mubadala investment company.
  • The two companies are supported by Mubadala investment company
  • Hub71 is now home to almost 200 startups working across 20 sectors

Web Summit: 24 MoUs signed between Qatari institutions and global tech firms

Doha, Qatar - Web Summit Qatar 2024, the world's largest tech events debut in the Middle East and Africa, ended...

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58% of firms in Saudi Arabia plan to outsource cybersecurity

RIYADH, SAUDI ARABIA - Company bosses are boosting their cybersecurity following an alarming increase in cyberattacks, a new study commissioned...

Ooredoo, QNBN sign agreement

The two companies will jointly develop Doha Port.

Israeli president tells Musk he has ‘huge role’ in anti-Semitism fight

The meeting came after the world's richest person visited a kibbutz community devastated in attacks by Hamas fighters on October...

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AI transforms office roles and enhances productivity

Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.
  • Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.
  • Chatbots and virtual assistants are set to enhance employee experience and workplace efficiency, while companies shift focus to outcome-based performance.

Internet out: India deploys shutdowns in name of security

New Delhi, India - With the world's largest biometric ID database, a pioneering digital payment system for daily transactions and a...
  • India, the world's largest democracy, with general elections due next year, is also a global leader in internet shutdowns, according to Access Now
  • "Of the 187 internet shutdowns it recorded worldwide last year, 84 were in India, the "most of any country for the fifth consecutive year", it said

Solutions+, EIH sign MoU

The pact will help in creating job opportunities in the UAE.
  • The pact outlines a strategic cooperation that contributes to supporting and developing closer ties between the two companies.
  • The agreement will help improve efficiency in Business Process Outsourcing, Digital Management and Facility Management.