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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

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Strategies to enhance Dubai’s security ecosystem reviewed

Digital Dubai is developing the latest strategies and initiatives to enhance the efficiency of the emirate’s integrated security ecosystem.
  • Digital Dubai is developing the latest strategies and initiatives to enhance the efficiency of the emirate’s integrated security ecosystem
  • Hamad Al Mansoori, Director General of Digital Dubai, said they are working to make the most of big data and tap its potential

Brands from Ferrari to Nike rush toward ‘metaverse’ future

The clamor over virtual goods comes amid feverish predictions that the metaverse -- a virtual reality version of the internet...
  • The clamor over virtual goods comes amid feverish predictions that the metaverse -- a virtual reality version of the internet -- will eventually replace the web of today
  • The metaverse is also a wealth of data, offering valuable insights into the perception of a product, even if it doesn't yet exist in the real world

UAE launch trials of autonomous taxis

The UAE last month approved a temporary license to test self driving taxis on the roads with safety officer sitting...
  • Bayanat started the trial of two electric and two hybrid taxis under the name TXAI
  • Dubai will launch 4,000 self driving taxis by 2030

Dubai becomes world’s first paperless government

The Dubai Paperless Strategy was implemented in five consecutive phases, each of which enlisted a different group of Dubai Government...
  • The strategy was launched in 2018 to help Dubai become the world’s first paperless government
  • The Dubai Paperless Strategy was implemented in five consecutive phases, each of which enlisted a different group of Dubai government entities

Google shuts cybercrime ring

The ring had infected 1 million devices to carry out its work.
  • Google says it has shut down a network of about 1 million hijacked electronic devices used to commit online crimes worldwide
  • The so-called botnet of infected devices was cut off at least for now from the people wielding it on the internet

Time to decrypt internet speed in Arab world

This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband...
  • The internet connectivity is a cornerstone to business, education, financial literacy, access to employment and health care through telemedicine
  • This TRENDS infographic tries to find out where do Arab countries stand in the latest Speedtest index.

Didi departure from NYSE marks end of Wall Street romance with Chinese big tech

Only five months transpired between Didi's going public in New York in June and word Friday that it will prepare...
  • Only five months transpired between Didi's going public in New York in June and word Friday that it will prepare a Hong Kong listing
  • Didi's move comes in the wake of a sweeping Chinese regulatory crackdown in the past year that has clipped the wings of major internet firms wielding huge influence

GACA, Cisco sign MoU

The MoU will enhance the scope of digital transformation.
  • The memorandum will enhance the scope of cooperation in technology and digital transformation in the civil aviation sector
  • The GACA is keen to collaborate with international companies specializing in advanced technological fields to keep pace with the latest developments

Tech 2022 trends: Meatless meat, Web 3.0, Big Tech battles

Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible...
  • Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible Food plant-based products
  • In web 3.0, "users, creators and developers would have stakes and votes" in a platform in much the way a cooperative works

UAE gets its first driverless autonomous vehicle

Khalifa University has thus become the first university in the UAE to deploy an Autonomous Vehicle (AV) on campus that...
  • The driverless and 100 percent electric shuttle is the first-ever autonomous vehicles to be deployed in the UAE in a mixed traffic mode
  • The Khalifa University AV can detect and avoid potential obstacles thanks to the onboard sensors, Light Detection and Ranging, cameras, GPS etc

solutions by stc, Devoteam ink MoU

The aim is to foster avenues for collaboration in technology.

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Error-prone AI chatbot dog leads Japan’s elderly astray

Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is...

RCU inks pact with Artefact, Dassault Systèmes for AI, digital solutions

ALULA, SAUDI ARABIA –   The Royal Commission for AlUla (RCU) has reinforced its commitment to technology innovation and cutting-edge digital...

Nedaa, Dubai Customs ink MoU

MoU to enhance digital solutions for efficiency.

Most Read

Archer to launch its all-electric air taxi service across UAE

ABU DHABI, UAE - Archer Aviation on Tuesday announced that it has entered into an agreement with Abu Dhabi Investment...
  • ADIO plans to support Archer in establishing its first international headquarters and manufacturing facilities in the SAVI Cluster in Abu Dhabi.
  • Archer’s Center of Excellence will focus on developing and implementing next-generation aviation technologies.

Red Sea Global builds largest off-grid EV charging network in Saudi Arabia

RIYADH, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala...
  • The network includes more than 150 charging stations spread across phase one of The Red Sea destination area.
  • The stations are placed to keep RSG’s initial fleet of 80 electric Lucid and Mercedes vehicles charged and on the road.

Artificial intelligence key focus as GITEX 2023 begins

GITEX, Dubai's premier tech event, kicks off its 43rd "Technology Week" at the Dubai World Trade Center, spotlighting the latest...
  • With each passing year, GITEX has consistently exceeded expectations, offering a glimpse into the next frontier of technological evolution
  • The event also supports technology startups and displays the latest inventions and advanced innovations in information technology from various parts of the world