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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

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.

Metaverse can contribute $4bn to UAE economy

The Dubai Metaverse Strategy anticipates that 42,000 jobs will be virtualized through the metaverse by 2030 while also improving resident...
  • The Dubai Metaverse Strategy, which was recently announced, aims to raise the metaverse sector's contribution to the UAE's economy to $4b by 2030
  • Dubai companies like Emirates, Damac and others are already betting big on this world, and many more are expected to join the pack

UN warns Internet shutdowns can have deadly consequences

Many governments refuse to acknowledge that they ordered any interference in communications, and sometimes put pressure on telecommunications companies to...
  • The UN said "the dramatic real-life effects of shutdowns on the lives and human rights of millions of people are vastly underappreciated".
  • The #KeepItOn coalition, which monitors shutdown episodes across the world, documented 931 internet shutdowns between 2016 and 2021.

Abu Dhabi-based Al Roeya newspaper closed down

The CEO of IMI Nart Bouran reportedly visited Al Roeya's Dubai office to announce that the management has decided to...
  • More than 100 journalists, editors and others lost their jobs as the Arabic newspaper Al Roeya shuts down
  • The last edition of the business newspaper will be printed on Tuesday

UAE set to lead MENA metaverse

Firms in the region are now offering better participation, levels of cooperation and communication to their staff through productive workspaces...
  • At its broadest, metaverse combines elements of social media, augmented reality, virtual reality, video games, cryptocurrencies and other advanced technologies.
  • As the next big market opportunity, the metaverse could provide nearly US$800 billion in revenue by 2024, Bloomberg Intelligence estimates show.

Islamic crypto gains currency in Muslim world

ISLAMICOIN, which adheres to strict Sharia audit, is one of the most popular digital currencies in the Islamic world, says...
  • ISLAMICOIN follows recommendations issued by the Office of Crypto Halal for the supervision and Shari’a audit of the work of cryptocurrency markets
  • Crypto Halal will keep checking ISLAMICOIN project every three months for compliance

Meta to launch ‘metaverse academy’ in France

The school's goal in its first year will be to train for free around 100 students in two roles, specialist...
  • Seen as the internet's next great technological development, the metaverse refers to an immersive digital world that aims to recreate real life via augmented or virtual reality.
  • Located in the capital Paris and other cities including Lyon, Marseille and Nice, the metaverse academy will train 20 students per city each year.

One third of humanity is still totally offline: UN report

The Global Connectivity Report 2022 argues that while easy, affordable access to fast broadband is near-ubiquitous in most rich-world nations,...
  • The report advocates for putting 'universal and meaningful connectivity' at the center of global development.
  • The cost of broadband subscriptions and digital devices remains a major barrier to connectivity, the report says.

Emirates Steel Arkan, ADU to set up UAE’s first specialized metallurgy lab

Emirates Steel Arkan Group, the UAE’s largest listed steel and building materials company, has signed a Memorandum of Understanding (MoU)...
  • The laboratory will contribute to enriching the educational experience in this discipline and conducting advanced studies and research in metallurgy.
  • Emirates Steel Arkan Group will offer comprehensive scholarships to 20 undergraduate Emirati students covering the four-year study.

What Gulf netizens searched for in 2021?

Google's yearly report of top trending searches reveals the most popular keywords and topics across different categories, such as 'How...
  • In 2021, the three top 'How to' searches were "How to help Afghan refugees", "How to help Texas" and "How to help India COVID".
  • “TikTok pasta”, “Bacon jam” and “Birria tacos” were the three most searched recipes in 2021. 

Building confidence, security in ICT sector fetches Qatar key global award

Qatar participated in the forum as a golden strategic partner, where it reviewed its strategy in the field of digital...
  • Qatar won the Ministry of Communications and Information Technology "Heroes" award
  • Qatar's project outperformed 5 other projects that were submitted into the competition

Apple’s changes contradicts European rules, 34 firms complain

Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...

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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...

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...

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...

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AI, NLP transform business operations in Gulf region

AI and NLP are revolutionizing workplace efficiency by enabling employees to swiftly access essential information, thereby augmenting customer and personal...
  • AI is creating a 'frictionless' work environment, streamlining daily operations.
  • Invisible apps provide seamless integration, enhancing employee efficiency.

In shock move, OpenAI sacks ChatGPT star CEO Sam Altman

His dismissal caught the tech world by surprise, with rumors rife on social media as to the cause of the...
  • Altman became a tech world sensation with the release nearly a year ago of ChatGPT, an artificial intelligence (AI) chatbot with unprecedented capabilities
  • Analysts scrambled to interpret the shakeup, and the sacking of 38-year-old Altman, a Stanford University dropout, entrepreneur and computer coder

Meta, TikTok challenge incoming EU digital market law

Brussels, Belgium - Tech giants Meta and TikTok are contesting the scope of an EU law that from March will set...
  • As with the Digital Services Act, which came into force in August, and the 2016 General Data Protection Regulation, the DMA comes with sharp teeth.
  • Companies found infringing the DMA expose themselves to fines that could go as high as 20 percent of their global turnover, or even orders to be broken up.