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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

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.

DEWA signs several digital tech agreements at GITEX 2021 stand

Dubai Electricity and Water Authority (DEWA) signed a slew of MoUs with local and international companies at the ongoing GITEX...
  • The MoU with Etisalat is aimed at speeding up the digital transformation using Etisalat’s MobileHub platform.
  • Digital DEWA subsidiary sInfraX has partnered with WoM Technologies for its planned rollout of the first-ever Low Power Wide Area Network wireless Internet of Things.

Facebook ‘metaverse’ to become reality soon

The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face...
  • The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face with a friend
  • Metaverse enthusiasts point out that the internet is already starting to blur the lines between virtual experiences and "real" ones

Microsoft shuttering LinkedIn in China as rules tighten

The US-based company will replace LinkedIn in China with an application dedicated to applying for jobs but without the networking...
  • LinkedIn was given a deadline by Chinese internet regulators to better oversee content on the site.
  • Aside from being a venue for finding jobs, LinkedIn is a place for exchanges over business developments or news.

Embattled Facebook releases new curbs on harassment

The company has faced a storm of criticism since an ex-worker at the company alleged Facebook put profits before the...
  • The tech giant its range of banned "attacks" on public figures to include a range of sexual or degrading images of their bodies.
  • Facebook also added journalists and human rights defenders to the list of people considered public figures because of their work.

Expo 2020: Accenture enables ideal visitor interface

Accenture created integrated intelligent systems for Expo teams, nations, vendors and supplier, says Angelo Lorusso, the company's MD and Client...
  • Accenture delivers an integrated solution at Expo 2020 Dubai right from designing, implementing, and running the platforms that power hyper-personalized guest experience
  • Accenture supports Expo Live – an innovation and partnership program by teaming up with Smart Labour, a UAE-based Expo Live grantee helping blue-collar workers gain new skills

DEWA, Ireland explore digital technology cooperation

DEWA CEO Saeed Mohammed Al Tayer and Ireland’s Minister of State for Trade Promotion, Digital and Company Regulation at the...
  • This was part of the Irish commercial delegation visit to the Water, Energy, Technology, and Environment Exhibition (WETEX)
  • The two parties discussed enhancing cooperation, exchange of experience between DEWA and Irish companies

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...

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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,...

Dubai Customs strengthens partnerships with courier firms to expand e-commerce

DUBAI, UAE - Dubai Customs recently convened an extensive meeting with the courier and express shipping companies, aimed at bolstering...

People marvel at ancient Iraq in new ‘Assassin’s Creed’ game

The central character, pickpocket turned master assassin Basim, speaks classical Arabic in "Assassin's Creed Mirage",.

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Najm inks pact with iot squared

The aim is to advance insurance services in the Kingdom.
  • iot squared is a joint entity between the Public Investment Fund (PIF) and STC Group and it provides leading IOT solutions in the logistics service field.
  • Najm for Insurance Services was set up in 2007 due to cooperation between insurance firms, Saudi Central Bank and the General Department of Traffic.

Saudi Arabia, Pakistan ink pact on digital transformation, innovation

RIYADH, SAUDI ARABIA - The Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) with Pakistan here on Sunday...
  • Under the terms of the MoU, Saudi Arabia and Pakistan will strengthen their SME and start-up ecosystems.
  • They will cooperate on policies, regulations and legislation in the digitization and electronic manufacturing sectors.

UAE Council review cybersecurity in Jordan summit

Amman, Jordan - The UAE Cyber Security Council discussed cybersecurity in the inaugural Jordan Cyber Security Summit 2023, known as...
  • The DOT Cyber Summit 2023 explored issues related to cyber policies and strategies, international issues related to cyber risks and threats faced by countries.
  • This includes mechanisms for addressing and combating their spread, and reviewing the experiences of countries and their progress in the field of cyber security.