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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

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.

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....

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...

Despite hurdles, interest in 5G high in MENA

As GCC shifts away from dependence on oil and gas revenues, 5G is set to fuel tech growth and ease...
  • 5G subscriptions in the MENA have exceeded 1 million at the end of 2020
  • The deployment of a 5G network faces several challenges

Two Saudi defense firms sign contract to build SkyGuard UAV

Saudi Arabia's General Authority for Military Industries (GAMI) and Saudi Arabian Military Industries (SAMI) have signed a contract for the...
  • SkyGuard is the outcome of numerous R&D efforts and geared towards developing a 'truly local' product.
  • Saudi Arabia has set a target of spending 50 percent of expenditure on locally manufactured defense products and services by 2030.

Facebook’s future tops agenda at Web Summit in Lisbon

Frances Haugen, the former Facebook engineer who leaked a trove of internal documents to international media, is due to speak...
  • The summit in Portugal's capital Lisbon is set to welcome some 40,000 people from Monday evening through Thursday.
  • Facebook has had to grapple in recent weeks with mass outages and rising calls for regulation to curb its vast influence.

UAE and Blue Origin to explore space economy and space tourism opportunities

The UAE will explore investment opportunities in the space economy and space tourism services besides other related ventures with Blue...
  • The two sides also discussed expanding the scope of R&D in space to develop emerging space technology in the UAE.
  • Space sector provides more than 3,200 jobs, and over 57 space firms are currently operating in the UAE.

TikTok, YouTube and Snapchat defend impact on kids

In their first testimony to US senators, they argued they are built to protect against the mental health and safety...
  • Senator Marsha Blackburn, who was co-chairing the hearing, drew little difference among the platforms and their arguments for safety.
  • YouTube has battled with a surge in Covid-19 and vaccine misinformation as the pandemic drove people online looking for information.

Pyypl, Ripple launch on-demand liquidity service in Middle East

ODL uses XRP for instant, low-cost cross-border payments.
  • ODL is the process of buying and selling XRP in originating and destination countries
  • XRP is the native cryptocurrency of products developed by Ripple’s creator Ripple Labs

Saudi minister: More investment in science and technology way to net-zero goal

Saudi Arabia's Minister of Communications and Information Technology Abdullah bin Amer Al-Swaha has said that the best way to achieve...
  • Al-Swaha says pursuing current policies and technologies will lead to a gap of 30-40 percent in the zero-emission goal.
  • Saudi Arabia is taking the lead in building a center for climate technologies in the MENA region, he said.

Tamatem pushes Arabic games

This Jordanian firm is being praised for Arabic mobile games.
  • Founded in 2013, Tamatem now has offices in the United Arab Emirates and Saudi Arabia
  • It has published more than 50 mobile games, which have been downloaded more than 100 million times

New leaks rock Facebook

Internal documents seem to support the accusations.
  • Facebook held back from doing all it could to stop users from being radicalized, say recent leaks
  • It is also accused of not doing enough to stop US election misinformation from flooding the social network

Oversight panel will review Facebook VIP system

The so-called "cross-check" or "XCheck" system shields millions of elite users from rules that Facebook claims to apply equally at...
  • Facebook has criticism after former employee Frances Haugen leaked internal studies showing the company knew of potential harm stoked by its sites.
  • Whistleblower's revelations had prompted US lawmakers' to renew a push for regulation.

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....

Company News

Latest News

Modon inks 2 MoUs with Saudi Exports, Local Content Authority

RIYADH, SAUDI ARABIA - The Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed two memorandums of understanding...

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...

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...

Most Read

Gaza becomes a dangerous ground for journalists

Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of...
  • Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of ensuring their safety
  • Amid the ongoing Middle Eastern conflict, ensuring the safety of journalists is paramount, as the world depends on their reporting to grasp the crisis's complexities

Al Etihad Payments partners with NIPL to develop UAE Domestic Card Scheme

ABU DHABI, UAE – Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and...
  • To be launched in early 2024, the card scheme will aim to facilitate the growth of e-commerce and digital transactions in the UAE.
  • It will bolster financial inclusion, support the nation’s digitization, increase alternative payment options and enhance the UAE’s competitiveness.

GCC’s digital leadership puts focus on cybersecurity

As GCC leads in digital innovations, there's an urgent need for strong cybersecurity to combat increasingly complex threats targeting governments,...
  • As GCC leads in digital innovations, there's an urgent need for strong cybersecurity to combat increasingly complex threats targeting governments, businesses, and individuals
  • Emad Fahmy of NETSCOUT sheds light on the evolving cyber threats and the importance of a holistic approach to digital transformation, advising ways to safeguard digital frontiers