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Tech & Media

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.

Starlink satellites approved for use in Israel and Gaza

Access to reliable, high-speed internet will "enable potentially life-saving medical consultations via real-time video calling," UAE Foreign Ministry spokesperson Afra...

Pie from the sky: drone delivery lands in America

Amazon founder Jeff Bezos who in 2013 unveiled a delivery drone in a CBS interview, predicting that within five years...
  • Flying shipments of pizzas and birthday gifts have still not become the norm that tech leaders predicted
  • Skeptics question whether drone drop-offs can ever work on a large scale, but backers argue they are safer

Saudi NDF to finance $89m program to boost games, esports

Riyadh, Saudi Arabia---Saudi Arabia's National Development Fund has announced a program to fund the games and electronic sports sector with...
  • The program will be launched by the end of this year in cooperation with Saudi Federation for Electronic Sports and the Ignite.
  • It aims to provide products and financing solutions through the development funds and banks affiliated with the Fund in partnership with private sector financial institutions.

Sixteen European news agencies launch joint Brussels newsroom

The 16 agencies -- dpa, AFP, AGERPRES, ANSA, APA, ATA, Belga, BTA, EFE, Europa Press, FENA, HINA, MIA, STA, Tanjug and...
  • The hope is that by working more as a network, the agencies' pooled resources will provide a deeper understanding of European news to readers in their home national markets.
  • Journalists from the smaller European agencies will share workspaces in Belga's Brussels headquarters and offices near EU headquarters, as well as training opportunities.

Saudi Arabia eyes partnerships to accelerate growth of digital economy

Saudi IT Minister, Eng. Abdullah bin Amer Al-Swaha, held meetings with his counterparts from the other countries at the Indonesian...
  • Saudi IT Minister, Eng. Abdullah bin Amer Al-Swaha, held meetings with his counterparts from the other countries at the Indonesian city of Bali
  • The meetings also discussed enhancing cooperation in the areas of digital economy growth, emerging technologies and the digital government

Latest technologies glamorize Gulf cosmetic industry

The UAE leads the region with adoption of developed regulations as technologies such as AI and VR have revolutionized the...
  • The UAE leads the region with adoption of developed regulations as technologies such as AI and VR have revolutionized the diagnostics and treatments in the aesthetic sector
  • The global market for AI in beauty and cosmetics is expected to grow from its 2021 value of US$ 2.7 billion to a whopping US$ 13.34 billion by 2030, a healthy CAGR of 19.7%

Saudi to host second Global Artificial Intelligence Summit in Sept

Riyadh, Saudi Arabia: Riyadh will host the second edition of the Global Artificial Intelligence Summit from 13 to 15 September,...
  • AI is expected to boost global gross domestic product (GDP) by 14 percent by 2030, or nearly $15 trillion.
  • The summit includes more than 100 sessions in which more than 200 speakers will participate, working with more than 3,000 participants.

Julian Assange: Black eye of free press

Whether it is the killing or state-sponsored arraignment of journalists or the closure of defiant media organizations, press freedom is...
  • Whether it is the killing or state-sponsored arraignment of journalists or closure of defiant media organizations, the press freedom is under a huge stress across the world
  • There is a two-fold increase in polarization amplified by information chaos, according to the 20th World Press Freedom Index published by Reporters Without Borders

Dubai Media Inc affiliated to Dubai Media Council

In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has...
  • Sheikh Mohammed issued a decree appointing Sheikh Hasher bin Maktoum bin Juma Al Maktoum as Chairman of DMI.
  • DMI has a strategy will leverage the expertise of a young and talented Emirati workforce to make the leap in delivering quality media content

Qatar launches public consultation about National Blockchain Blueprint

The blueprint establishes the frame for blockchain at the national level and identifies its key elements; innovation and creativity.
  • The blueprint establishes the frame for blockchain at the national level and identifies its key elements
  • It underlines the potential of blockchain technology and the opportunities that it can offer to Qatar

Jordan puts up draft national AI strategy for public debate

The draft has been formulated in collaboration with experts from the European Union, the United Nations Economic and Social Commission...
  • The draft has been formulated in collaboration with experts from the European Union, the United Nations Economic and Social Commission for Western Asia, and the UNIDO
  • The strategy aims to create a regulatory environment that encourages the responsible use of AI and its applications to improve the efficiency of the public sector

UAE sets innovative media policy to propel the country onto global stage

DUBAI – Sheikh Abdulla bin Mohammed Al Hamed, Chairman of the UAE Media Council (UAEMC), has approved a comprehensive legislative...

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Solutions+, EIH sign MoU

The pact will help in creating job opportunities in the UAE.

Does Anghami and OSN+ collab make financial sense?

A first of its kind in the region, the combination will offer consumers digital services of the best and latest...

OpenAI announces Sam Altman to return as CEO

In a letter released to media, the vast majority of the company's 770-strong staff suggested they would follow Altman unless...

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OpenAI faces leadership crisis as staff threaten to follow Altman to Microsoft 

This mass discontent follows the unexpected dismissal of OpenAI co-founder Sam Altman, whose leadership in AI advancements like ChatGPT has...
  • This mass discontent follows the unexpected dismissal of OpenAI co-founder Sam Altman, whose leadership in AI advancements like ChatGPT has been crucial.
  • Reports had also been circulating that Altman is planning to launch a new AI venture and announcement was expected as soon as this weekend

Adoption of electric vehicles in US face infrastructure hurdles

NEW YORK, US - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and...
  • Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships.
  • The network of EV charging stations in the US remains dodgy, with many areas either lacking infrastructure or equipped with unreliable machines

Big tech firms have been fined billions, but not paid them

PARIS, FRANCE - Rarely a month goes by without big tech companies getting fined for price fixing, squashing competitors or misusing...
  • Ireland's data regulator confirmed that Meta has not paid any of the US$2.2 billion in fines issued since last September.
  • Amazon is still appealing against a US$812 million fine from 2021, Luxembourg's data regulator said.