Search Site

Trends banner

Tech & Media

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 to organize esports and gaming event Next World Forum in Sept

The Next World Forum, an esports and gaming forum that will bring together sector leaders and experts from around the...
  • More than 1,200 delegates from across the globe will gather in Riyadh to discuss the most pertinent issues in esports and gaming at the in-person Forum.
  • Those attending the Next World Forum include ministers of sport from various leading nations, investors, gamers, developers, tech providers and start-ups.

Bracing for the next wave of digital transformation

Pushing intelligence out to the edge will drive change in the design of our products, services, processes, and organizations, and...
  • Over the next few years, organizations in every industry will experience change on an unprecedented scale, writes Jacob Chacko of Aruba
  • A whole new range of possibilities emerges when we engage with literally every device and build intelligence and connectivity into physical objects, he adds.

AI, cloud tech revolutionizing Middle East retail sector

Real-time shopping platforms accessible via multiple channels and featuring high-definition live streaming as well as personalized services are boosting client...
  • Real-time shopping platforms accessible via multiple channels and featuring high-definition live streaming as well as personalized services are boosting client engagements
  • In the next three years, AI adoption in retail and consumer products will increase from 40 percent to more than 80 percent, according to the IBM Global Technology

GCC countries review cybersecurity policies in virtual meeting

The countries discussed working papers on global best practices on a number of issues related to the work of the...
  • The countries discussed working papers on global best practices on a number of issues related to the work of the committee
  • Saudi Arabia was represented by its National Cybersecurity Authority (NCA), a competent authority for cybersecurity in the Kingdom

‘Most IT security officials believe firms threat strategy poor’

A global survey conducted among 2,100 IT Security Decision Makers (ITSDMs) reveals that 60 percent of respondents believe their organizations...
  • Only 16 percent of respondents in the UAE and Saudi Arabia say they are able to keep pace with the threat landscape
  • Most organisations (91 percent) surveyed in the UAE and Saudi Arabia experienced identity-related security breach in the past 18 months.

Twitter down for short period in US, Europe, restored later

Twitter experienced a widespread but seemingly brief outage in the United States and parts of Europe on Thursday. The Downdetector...
  • The Downdetector website showed that outage reports spiked in the United States around 1200 GMT and by around 1245 GMT reports of outages to Downdetector were dropping off
  • Short term service disruptions on social media platforms happen periodically while long-term service outages on social media platforms are not common

Creator economy rides on NFTs for growth, expansion

Blockchain technology has put creators at the center and allows them to capture and distribute their value efficiently, safely and...
  • Due to high engagement yet low revenues on social media platforms, many creators are looking for new ways to monetize, says Franck Mandon, COO of the MILLION platform
  • With a roughly US$ 20 bn market value, it's the fastest-growing sort of small business, with each creator operating more like a startup than an individual, he adds

AI set to play key role in fight against climate change

Most of the public and private sector leaders believe that Artificial Intelligence is a valuable asset in fight against climate...
  • Most of the public and private sector leaders believe that Artificial Intelligence is valuable asset in fight against climate change but insufficient expertize remains a challenge
  • A latest Boston Consulting Group report cited the limited availability of AI solutions as a roadblock. It also pointed to lack of confidence in AI-related data

Metaverse is in the making since 90s: Expert

As a multidimensional world extending the physical realities of our current 4D world, it is rather a product of the...
  • Metaverse is the product of a several waves of digitization and internet development since the 90s.
  • Metaverse will create new opportunities for new services and, in fact, new activities altogether.

MENA expects $320bn AI share in economy

Artificial Intelligence market is growing in the Middle East by an estimated 20 percent to 34 percent annually, with GCC...
  • By 2030, some 70 percent of companies might have adopted at least one type of Artificial Intelligence (AI) technology.
  • Less than half will have fully absorbed the five categories of AI: computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning.

Facebook, Instagram services restored after widespread outages

More than half a million users across the globe reported issues earlier in the day, with many saying they were...

Company News

Latest News

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...

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...

Most Read

AI, Industry 4.0 transform Middle East manufacturing

"As we look ahead, the manufacturing landscape is set to continue evolving, navigating through the VUCA (volatility, uncertainty, complexity, and...
  • Saudi Arabia, the UAE, and Egypt spearhead the Middle East's manufacturing growth, harnessing AI and Industry 4.0 to revolutionize their economic landscape.
  • In 2024, Middle Eastern manufacturers will focus on smart manufacturing, AI-enhanced supply chains, and digital ecosystems, driving sustainable growth in a pivotal year.

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