Facebook parent Meta to stop paying Australian news media
Meta had previously announced it would not renew content deals with news publishers in the United States, Britain, France and...
MENA print media revenues fell 30% from 2018 to 2022: survey
The report stresses the urgent need for MENA news organizations to overhaul business models, adopt digital strategies, and diversify content...
Business
World’s first robot citizen Sophia to attend Dubai audit conference
The humanoid robot Sophia, the world's first robot citizen, will arrive in Dubai on Tuesday, March 8, to participate in...
- Sophia will attend largest smart conference for internal auditors, the 20th Annual Regional Audit Conference from March 7- 9.
- Sophia became the world's first robot citizen after Saudi Arabia granted her citizenship in October 2017.
Economy
Dubai leads region in innovation, fintech
The emirate, which boasts a thriving community of startup incubators and accelerators, tops the list for foreign direct investment and...
- Dubai is developing an environment that encourages firms from all industries to innovate.
- The city has been able to leverage its strengths as a world-class city to attract global blockchain entrepreneurs.
Opinion
Diginomics helps revive region’s consumer confidence
It is becoming incredibly important for organisations, brands and brand owners to prioritise the refinement of their products and services....
- Armed with AI algorithms, tech startups, direct-to-consumer players, fintechs, edtechs, regional economies are becoming more digitally resilient
- It is becoming incredibly important for organisations, brands and brand owners to automate processes that are otherwise time consuming
Business
Dubai International Financial Center launches AI, UAE’s first coding license
Companies holding the license will be able to work within a stimulating environment at the DIFC Innovation Hub.
- The license is expected to advance the country's Artificial Intelligence Strategy 2031.
- The license provides an opportunity to obtain the UAE Golden Visas for employees.
Arts & Culture
Forward-looking UAE museum looks into the future
The Museum of the Future along Dubai's main highway has been touted as the 'world's most beautiful building'.
- Its organizers have said the visitors will be taken “on a journey of the year 2071”.
- Many believe the Museum of the Future is UAE’s one more attempt to boost its soft power as a trading and tourism hub and to diversify its economy away from oil.
Business
Borsa Istanbul to provide consultancy services to Abu Dhabi Securities Exchange
The MoU is the latest in a series of strategic partnership agreements signed by ADX as part of its strategy...
- The agreement was signed during the visit of the President Recep Tayyip Erdoğan of Turkey, to the UAE on Feb 15.
- Borsa Istanbul will also provide consultancy service to ADX in the establishment of systems, integration, updating the platform.
Economy
KSA eyes big role in Fourth Industrial Revolution
Saudi Arabia plans an Industrial Fund to assist investors in the sector shifting to 4IR technologies with the help of...
- Saudi Arabia's advanced digital government, according to an official report, will help the country's in speeding up the implementation of 4IR strategy
- The 4IR strategy aims to support the localization of new and advanced industries in the kingdom and also boost competitiveness of the existing industries
Opinion
Growing cyber threat demands a united response
A 2021 report by McAfee estimates the monetary loss from cybercrime globally to be approximately $945 billion. When you add...
- The dollar cost to organizations of all types due to cyber threat is staggering. It is estimated that the average cost of remediation in 2021 was $517,961 in the UAE
- The monetary loss from cybercrimes globally is put at $945 billion. When you add to this the global cost of cybersecurity products, it touches $1trn annually
Economy
Smart Madinah Forum 2022 kicks off
The forum aims at discussing concepts of smart cities and their relations to improving the quality of life.
- The forum aims at discussing concepts of smart cities and their relations to improving the quality of life
- It is also a platform to discuss the role of innovation in enhancing sustainable development and getting acquainted with tools of civil innovation
Business
Saudi Telecom Company signs over 15 pacts at LEAP22
The Saudi Telecom Company (STC) has signed fifteen agreements with major international companies, including Microsoft, Huawei, Ericsson, and Cisco, in...
- The company has already announced an initiative to establish a $1billion main digital center “MEAN Hub” for the Middle East and North Africa
- The company also announced an initiative to establish a factory to localize data centers in the Kingdom, in partnership with Huawei
Facebook parent Meta to stop paying Australian news media
Meta had previously announced it would not renew content deals with news publishers in the United States, Britain, France and...
Company News
Latest News
Cisco buys Splunk for US$28bn
Business
Focus shifts to societal impact and ethical use of AI
AI and data stakeholders will gather at Global Data Dialogue 2023 -- to be hosted in Dubai next week by...
Business
Apple to allow applications to be downloaded outside app store
Washington, United States - The American company Apple intends to provide the possibility of downloading applications from outside its official...
Business
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Business
Al Ghurair to use Oracle solution
This will help HR teams improve business operations.
- Through this strategic collaboration, Al Ghurair seeks to empower its employees through self-service capabilities.
- Oracle Cloud HCM transforms the traditional functions of HR departments such as recruiting, training, payroll.
Business
Blockchain enhances efficiency, security in aviation
Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
- Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
- Blockchain technology is revolutionizing aviation with enhanced transparency, security, and operational efficiency, promising significant cost savings, says Aerobloc's founder.
Economy
AI safety & innovation: Key focus of UAE-Spain tie-up
“I have been looking very carefully and intensely at the UAE’s strategy on AI, and it resonates a lot with...
- UAE's artificial intelligence strategy is driving economic growth and establishing it as a global talent hub.
- Collaboration between Spain and ADIA Lab in Abu Dhabi focuses on knowledge and talent exchange.