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BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

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

Jordan approves charter for Artificial Intelligence ethics

A cabinet session headed by Prime Minister Dr. Bishr Khasawneh, passed the charter and circulated the document to all ministries...
  • A cabinet session headed by Prime Minister Dr. Bishr Khasawneh, passed the charter and circulated the document to all ministries and public institutions
  • The charter also seeks to find a common ethical base that regulates development of artificial intelligence technologies, based on human and religious values

UAE accounts for 25 percent of MENA digital media subscriptions: Report

UAE’s publishing sector has grown by 150 percent during the current decade and it will reach $650 million in 2030,...
  • UAE’s publishing sector has grown by 150 percent during the current decade and it will reach $650 million in 2030.
  • The global media and entertainment services sector will reach $2.4 trillion in 2023.

Panel to steer development of digital ecosystem in UAE formed

The United Arab Emirates has formed a committee that aims to supervise and guide the development of the digital ecosystem...
  • The committee will also enhance readiness, competitiveness, flexibility and digital alignment between projects and digital systems in federal government agencies.
  • Ohood Khalfan Al Roumi, Minister of State for Government Development and The Future, will chair the committee.

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...

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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...

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....

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.

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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.

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...
  • The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month.
  • The combined entity will bring together over 120 million registered users and will be one of MENA’a largest streaming platforms.

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...
  • OpenAI's board sacked Altman last week, with Microsoft's CEO Satya Nadella announcing soon after he was hiring Altman
  • But in the fast-moving sequence of events, Altman said Tuesday he had the support of Nadella for his return as OpenAI's CEO