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Etihad unveils new A321LR aircraft

A321LR features First Suite - a private, enclosed space with a sliding door.

stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

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.

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.

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

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

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

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 looks for answers as user numbers fall

Founder Mark Zuckerburg has told investors that people have a lot of choices for how they want to spend their...
  • The company has been battling regulatory issues, negative headlines around bullying and disinformation.
  • It lost one million daily users in the last quarter of last year but still has almost 1.9 billion, figures that dwarf every other platform.

At least a year for permanent solution on 5G: US air regulator

Federal Aviation Administration (FAA) chief Steve Dickson, said the agency will "continue to shrink the problem" in the coming months.
  • Federal Aviation Administration (FAA) chief Steve Dickson, said the agency will "continue to shrink the problem" in the coming months
  • Dickson appeared at a congressional hearing focused on the implementation of 5G service in the United States

Saudi connectivity takes off with five times faster Wi-Fi-6e

The Communications and Information Technology Commission (CITC), Saudi Arabia’s digital regulator, has announced the launch of WiFi-6e as part of...
  • The latest generation of Wi-Fi technology offers data transfer speeds more than five times faster than the current standard
  • It provides more capacity for high-bandwidth activities such as 8k gaming, video conferencing and virtual reality applications

Saudi Arabia sees $6.4bn tech investment at LEAP

The fresh investments are said to be in line with Vision 2030, which aims to diversify the economy of Saudi...
  • Investment deals totaling more than $6.4 billion were announced at LEAP 2022 in Riyadh
  • Saudi Aramco Ventures launched a $1-billion investment fund called Prosperity 7 to help revolutionary startups

Saudi media ministry and Google join forces for digital transformation

Riyadh, Saudi Arabia - Saudi Ministry of Media and Google have joined forces in a strategic collaboration aimed at driving...

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Al Ghurair to use Oracle solution

This will help HR teams improve business operations.

Blockchain enhances efficiency, security in aviation

Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.

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...

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AI to contribute in enhancing low-emissions development

BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development.UN Climate Change’s Initiative on Artificial...
  • UN Climate Change’s Initiative on Artificial Intelligence for Climate Action explores the role of AI as a tool for climate action in developing countries.
  • It aims to deliver results both on policy and implementation, under the first joint work program of UN Climate Change’s Technology Mechanism.

Elon Musk’s xAI to release first AI model to ‘select group’

WASHINGTON, US - Elon Musk said his new artificial intelligence company would release a new AI model on Saturday to a...
  • The release would be the first from Musk's new startup, xAI, that he launched in July after hiring several researchers.
  • Musk compared AI to "a magic genie" that gives you any wishes you want, warning that such fairy tales rarely end well.

stc, Microsoft to collaborate

The aim is to advance digitalization in Saudi Arabia.
  • The two firms will jointly develop and deploy cutting-edge solutions that will transform and empower organizations across various industries.
  • The collaboration between the organizations aims to enable stc’s subsidiaries to explore new markets, develop disruptive business models.