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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.

Scientists launch hub to channel quantum power for good

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...

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

Restoring banned Twitter accounts may take some weeks: Elon Musk

Twitter users have been watching closely to see whether Musk will reinstate Trump, banned for inciting last year's attack on...
  • Since Musk takeover on Twitter, Trump has suggested that he would be sticking with his own Truth Social messaging platform rather than going back to Twitter.
  • The new Twitter boss said he had talked to civil society leaders about how Twitter will continue to combat hate and harassment and enforce its election integrity policies.

Nedaa, Nokia ink 5G deal in Dubai

5G network will help Nedaa provide better services.
  • With the introduction of 5G, Nedaa will be able to support enhanced services for public safety and management of vital operations.
  • The MoU sets a framework for upgrading the existing network capabilities and introducing agile and advanced services.

Lisbon Web Summit begins Tuesday, crypto specialists take prime spots

The conference attempts to bring together start-ups, investors, business leaders and agenda-broadening speakers –- linguist Noam Chomsky and heavyweight boxing...
  • More than 100,000 people are expected to gather in Lisbon for the four-day Web Summit, the first full-scale edition since 2019 following the disruption of the pandemic.
  • Conference organizer Paddy Cosgrave said there were "a lot of questions to be answered" about crypto, describing it as "largely smoke and mirrors".

Seeking ‘healthy’ debate, Musk nears Twitter deal finish line

New York, United States---Closing in on his Twitter megadeal, Elon Musk said Thursday his goal is to enable "healthy" debate...
  • The planned takeover has dismayed activists who fear a surge in harassment and misinformation under the unpredictable Musk, who himself is known for trolling other Twitter users.
  • But Musk said he realizes Twitter "cannot become a free-for-all hellscape where anything can be said with no consequences."

Trust in digital services increases across MENA region despite rising online security threats

MENA residents' satisfaction and expectations about how services can and should be delivered have been radically altered due to the...
  • MENA residents' satisfaction and expectations about how services can and should be delivered have been radically altered due to the COVID-19 pandemic
  • Increased interest and spending on technological infrastructure, especially artificial intelligence is in line with the global trend toward digitization

Scientists launch hub to channel quantum power for good

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...

Company News

Latest News

Astra Tech to launch financial services powered by AI in 2024, says CEO

ABU DHABI, UAE - CEO and Co-Founder of Astra Tech Abdallah Abu-Sheikh said that the company will launch its first...

Tech titan Microsoft wins observer seat at OpenAI

SAN FRANCISCO, US - Microsoft, the tech titan that has invested billions of dollars in ChatGPT creator OpenAI, has been given...

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...

Most Read

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...
  • Earlier Monday, Netanyahu and Musk discussed "security aspects of artificial intelligence" with senior defense officials, the Prime Minister's Office said
  • Netanyahu told Musk he hoped to resume normalization talks with Saudi Arabia after Hamas's defeat and "expand the circle of peace beyond anything imaginable."

Sam Altman’s return ushers in new era at OpenAI

The five-day saga began on Friday, when Altman was abruptly sacked by the board for reasons that are still unclear....
  • The board that fired Altman from his role as CEO of the ChatGPT creator has been almost replaced following a rebellion by employees
  • The sole survivor in the boardroom in the new Altman era is Adam D'Angelo, the CEO of question-and-answer site Quora

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.