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Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

AI and the future workforce: Navigating the transition

AI systems exceeding human capabilities across all fields could render many jobs obsolete in a decade, Stuart Russell, Professor of...

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...
  • The collaborative effort intends to introduce specialized programs to enhance the skills of local media professionals, journalists, and content creators
  • The partnership seeks to share global best practices in the media sector, with a particular emphasis on leveraging artificial intelligence tools, especially within newsrooms

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...
  • The analysis also forecasts a compound annual growth rate (CAGR) of -4% up to 2027, which could cause total MENA revenues to fall even further to US$1.2 billion
  • The figures also show that while digital advertising revenues are slowly increasing at a rate of 1% per year, print advertising revenues are set to slump by 11.3% by 2027

Starlink satellites approved for use in Israel and Gaza

Access to reliable, high-speed internet will "enable potentially life-saving medical consultations via real-time video calling," UAE Foreign Ministry spokesperson Afra...
  • Under the deal, Starlink will support internet access at an Emirati-run field hospital in Rafah, with further expansion in the besieged territory subject to Israeli approval
  • Starlink low latency high speed connections will enable video conferencing with other hospitals and real-time remote diagnostics," Israeli Minister of Communications said

Strengthen emotional security to thwart cyberattacks

While love, loneliness, and excitement are easily exploitable emotions, any factor impacting someone’s emotional state can make them a target....
  • Social engineering exploits individual vulnerabilities, using human nature to gain the unauthorized access.
  • Heightened emotions, such as those around Valentine’s Day, can make individuals more susceptible to cyberattacks.

solutions by stc, Devoteam ink MoU

The aim is to foster avenues for collaboration in technology.
  • The pact follows and builds upon the acquisition by solutions of a 40 percent stake in Devoteam Middle East.
  • The collaboration also aims to combine the experience and resources of the parties for mutual benefit.

Israel’s AI-enabled tech usage in Gaza sparks new fears

New defense technologies including artificial intelligence-powered gunsights and robotic drones form a bright spot in an otherwise dire period for...
  • In a first, the army has used an AI-enabled optic sight, made by Israeli startup Smart Shooter, which is attached to weapons such as rifles and machine guns.
  • A senior defense official said the technology was destroying enemy drones and mapping Hamas's vast tunnel network in Gaza.

AI game gains popularity during Chinese New Year festivities

SHANGHAI, CHINA - Young Chinese flocking home for Lunar New Year this weekend have turned to an AI chatbot game to...
  • The new game uses an AI chatbot to simulate the barrage of squirm-inducing questions young people can expect to face.
  • The annual inquisition as extended families gather for China's biggest festival is a cultural touchstone across the country.

WEF24: Understanding regional nuances key to success

Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.
  • Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS.
  • Proactive approach in building reference architectures and industry-specific AI use cases positions TCS as a leader in designing tomorrow's technology, he adds.

EU gives accent to landmark rules on artificial intelligence

Brussels, Belgium - The European Union's 27 member states on Friday approved landmark rules on reining in artificial intelligence, passing a key...
  • Brussels first proposed an AI law in 2021 but spent most of last year racing to greenlight the draft text after chatbot ChatGPT exploded onto the scene.
  • EU ambassadors finally signed off on the text during a meeting Friday in Brussels, after French and German concerns were assuaged.

UAE signs pact to develop digital infrastructure in Greece  

ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic...
  • Data centers to be developed under this MoU can reach a total capacity of 500 megawatts.
  • The data center market in Greece has witnessed significant growth in the last few years.

AI and the future workforce: Navigating the transition

AI systems exceeding human capabilities across all fields could render many jobs obsolete in a decade, Stuart Russell, Professor of...

Latest News

Bayanat, Yahsat shareholders to vote on merger and creation of SPACE42 on April 25

ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling...

White House announces $20bn in grants, loans to boost Intel chip production

Washington, United States - The White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US...

Gemini’s inaccurate AI racial images warn of tech titans’ power

AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...

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Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...
  • Rising cyber-attack and ransomware effectiveness boosts demand for cyber insurance, leading to increased premiums and stricter coverage rules amid impact on businesses.
  • Business risks have evolved from physical to digital, propelling cyber insurance toward a predicted $84.62 billion industry by 2030, highlighting the sector's rapid growth.

Potential investors value Telegram at $30bn, says co-founder Pavel Durov

MOSCOW, RUSSIA – The Telegram is valued by potential investors at more than US$30 billion, the co-founder of the social...
  • The US$30 billion valuation was made by global technology funds in particular, Durov said.
  • The Telegram will consider the sale of a portion of shares to its standing users, the businessman added.

Abu Dhabi launches technology investment company MGX

ABU DHABI, UAE – The Artificial Intelligence and Advanced Technology Council (AIATC) announced on Monday the creation of MGX, a...
  • Mubadala and G42 will serve as foundational partners in the creation of the new company.
  • MGX will invest to accelerate the development and adoption of AI and advanced technologies.