The DCO Council announces multilateral initiatives to bridge digital divide
Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by...
Cisco identifies major AI trends for 2024
DUBAI, UAE – Developments in Artificial intelligence (AI) have been impacting businesses, governments and economies across the world. Advancements in...
Business
Business
Aramco taps Honeywell for sustainability, productivity
This cooperation builds on a 2017 MoU between Honeywell and Aramco to explore the benefits of Honeywell's Industrial Internet of...
- The two companies will look to explore the co-development and commercialization of next-generation digital technology solutions
- The solutions will be designed to help improve productivity, sustainability, and operational excellence of industrial companies
Economy
Bitcoin no threat to dollar, global economy
Despite being the future of money, Bitcoin cannot be the dollar of future because the US dollar is a fiat...
- Bitcoin cannot be the dollar of the future because the US dollar is a fiat currency, created and supported by the US government
- Cryptocurrencies vary from real currencies since they are issued by people and communities rather than governments, something that has never happened before in the history of money
Business
Riyadh, Dubai compete for business of news
Prominent media houses that have announced plans to move their base from Dubai to Riyadh include the state-owned Al Arabiya...
- The proposed media city is coming up on an area of 60,000 sq m at Al Safarat (Diplomatic Quarter) in Riyadh
- The MBC Group, the largest media company in the Middle East, was established in Britain in 1991 and moved to Dubai in 2002
Business
Space tourism: What’s on offer for those who can pay?
The era of space tourism comes with many options: a few minutes of weightlessness, or a few days or a...
- SpaceX's INSPIRATION4 set this week is the first orbital mission involving four non-professional astronauts.
- A trip in a module of Space Perspective, hoisted by a space balloon the size of a football stadium costs $125,000.
Business
WhatsApp users may encrypt backups
FB was recently accused of breaching WhatsApp users’ privacy.
- Mark Zuckerberg has announced that WhatsApp will let users encrypt chats they choose to back up
- The facility will be available for users of devices that can run Apple’s iOS and Google’s Android
Research
Saudis count the cost of technology overuse
As the use of the modern technology deepens in Saudi Arabia, its adverse effects are being felt across the gender...
- Ithra program sounds alarm on sleep loss amid warnings of tech overuse
- The initiative comes as digital overuse and screen addiction are blamed for problems ranging from behavioral disorders in children to insomnia in adults
Business
Amazon Web Services will help firms drive innovation: Dubai FDI
DUBAI: The Dubai Investment Development Agency (Dubai FDI), the investment promotion agency of Dubai Economy, has said Amazon Web Services’...
- AWS plans to open data centers in the UAE in 2022.
- The new AWS Middle East (UAE) Region will consist of three Availability Zones and become AWS’s second region in the Middle East.
Business
True Global Ventures closes blockchain fund at $100m
The TGV 4 Plus fund, which has been oversubscribed, focuses on blockchain firms primarily in late-stage equity funding Series B...
- TGV is funded by 40 partners who contribute 27%, along with a number of entrepreneurs, business angels, family offices and institutional investors
- Many limited partners of True Global Ventures are based in the Middle East
Business
Now website owners may apply for ‘.abudhabi’ domain names
Abu Dhabi’s Department of Government Support has announced ‘.abudhabi’ as the official internet TLD name for the emirate.
- The domain name is accessible to all citizens, residents, and employers working inside and outside the emirate
- More than 550 uniform resource locators or URLs have been registered to the ‘.abudhabi’ domain name to date
Research
Gartner predicts IT spending to touch $557bn in 2022
Countries across the world are expected to be spending some $557 billion in 2022, up by 6.5 percent compared to...
- Most of the spending will be on IT services and software
- The COVID-19 pandemic sped up the digital transformation across government and private sectors last year, as consumers around the world shifted to remote channels
The DCO Council announces multilateral initiatives to bridge digital divide
Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by...
Company News
Ant Group to buyback shares
Business
Latest News
Several UAE entities sign pact to implement ‘Sharjah Sat-2’
Sharjah, UAE -- A cooperation agreement was signed between the Sharjah Academy of Astronomy, Space Sciences & Technology (SAASST), the...
Geostrategy
World must understand AI, curb its risk, says UK Deputy PM
NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...
Science
Cisco buys Splunk for US$28bn
Splunk is a software platform that uses AI to identify malware.
Business
Most Read
Abu Dhabi plans to launch English newspaper as part of media network revamp
Abu Dhabi, UAE - Abu Dhabi Media Network is all set to launch an English edition of its existing Al...
- The announcement came on the sidelines of the launch of a new media strategy by Abu Dhabi Crown Prince Sheikh Khaled bin Mohammed bin Zayed
- The strategy also involves the launch of Al Ittihad News Centre, which will operate as a unified media center across various news platforms
Business
Google’s AI chatbot goes personal tapping into Gmail, YouTube
Google has for years discreetly developed AI powers but was caught off guard when OpenAI late last year released ChatGPT...
- The company said its beefed up chatbot can help users summarize a confusing string of emails into its main points or tap into Google Maps to best locate a holiday destination.
- These so-called Bard Extensions would also be available to retrieve key points from content across Google Docs and Google Drive, including PDFs.
Geostrategy
Saudi Arabia participates in global meet to bridge digital divide
RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated...
- The meeting aims to enhance the contribution of the communications, space and technology sectors for attaining sustainable development objectives.
- The meeting also aims to propose policies and recommendations to bridge the digital divide and promote and develop the digital economy.