Dubai RTA awards US$95m contract to upgrade ticketing system
DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...
Business
Mac computers could reach new glory due to AI
SAN FRANCISCO, US - Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new...
Business
Office 365 prices to go up from 2022
The prices would apply globally with adjustments for certain regions.
- There are no changes to pricing for education and consumer products of Microsoft at this time
- Microsoft is also rolling out unlimited dial-in capabilities for Microsoft Teams meetings across all suites in the next few months
Business
Bahrain bank challenges students to make digital solutions
The National Bank of Bahrain has tied up with Bahrain FinTech Bay to launch challenge youngsters in the country to...
- The goal is to develop solutions for NBB’s digital banking app that focuses on the youth and features the latest trends in user experience
- The three best solutions will get prize money, three months of incubation at BFB, and other prizes
Arts & Culture
Netflix rules Mideast as rivals eye content share
Arab-based platforms such as Starz Play, Wavo, and OSN have become local competitors to Netflix and gaining the ground fast...
- Saudi Arabia seeks be an essential base for entertainment companies with an attractive investment environment
- The UAE and Saudi Arabia account for almost half of all MENA subscriptions to streaming services
Research
UAE, Bahrain lead MENA’s fintech sector boom
A total of 465 fintech companies in the region are expected to raise over $2 billion in venture-capital funding, compared...
- The fintech sector in the Middle East has been growing at a Compounded Annual Growth Rate (CAGR) of 30%
- Close to 47% of the fintech deals in 2019 were sealed in the UAE and nearly half of the fintech firms in the region are based in this Gulf country
Investigation
$600m crypto theft case about to be solved?
DeFi platform Poly Network said on Twitter on Wednesday that the threat actor or actors had already returned cryptocurrency worth...
- Poly Network on Tuesday identified the vulnerability that had been exploited to break into its platform
- A threat actor named an entity named PolyNetwork Exploiter is now transferring funds back to the company
Business
Nissan unveils new safety tech in Middle East
The suite is called Nissan Intelligent Mobility or NIM, and is aimed at preventing automotive fatalities.
- The newest addition to the NIM suite, the ProPILOT, was premiered in the region on the 2021 Nissan Altima
- ProPILOT can automatically increase or decrease the vehicle’s speed to maintain a set distance from other vehicles
Dubai issues regulations for 3D-printing in construction
The new legislation supports the emirate’s target to ensure that 25% of its buildings are constructed using 3D-printing technology by...
Digital school, mEducation Alliance partner to design e-learning solutions
The agreement enables both parties to exchange knowledge, expertise to enhance learning of students in refugee camps and remote areas.
Huawei launches Super Device products in Kuwait, Bahrain
The demand for electronic goods in the Middle East has seen an upturn since the Covid-19 pandemic started last year.
Digital payment platform Square to buy Afterpay for $29 billion
Afterpay specializes in the "buy now, pay later" model that offers users staggered payments, often without extra charge.
Dubai RTA awards US$95m contract to upgrade ticketing system
DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...
Business
Company News
Latest News
AI ‘no substitute’ for fashion designers’ creativity
Fashion innovator Calvin Wong, who has developed the world's first designer-led AI system, says 'we must treasure the designer's original...
Business
Europe’s tussle with Big Tech involves dominance, data, disinformation
Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a...
Geostrategy
Nearly two-thirds of Saudi Arabian employees lack enhanced digital skills
Riyadh, Saudi Arabia - A substantial 62% of employees in Saudi Arabia are eager to acquire improved digital skills in...
Economy
Most Read
Science
ChatGPT diagnoses ER patients ‘like a doctor’
During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.
- The chatbot's reasoning was "at times medically implausible or inconsistent, which can lead to misinformation or incorrect diagnosis, with significant implications".
- The findings -- published in the medical journal Annals of Emergency Medicine -- will be presented at the European Emergency Medicine Congress (EUSEM) 2023 in Barcelona.
California firefighters use AI to battle wildfires
For several years firefighters have used a network of more than 1,000 cameras to monitor possible fire hotspots. Since the...
- Computers watching live feeds from Cleveland National Forest spotted what their algorithm had been taught to understand was a column of smoke
- Human operators were able to verify the machines were correct and alerted Captain Kris Yeary of Cal Fire, whose firefighters quickly extinguished the flames
Business
US govt face Google in landmark antitrust lawsuit
Washington, US - A landmark case pitting the US government against Google over the dominance of the company's world-dominating search engine...
- "This case is about the future of the internet and whether Google will ever face meaningful competition in search," said Justice Department lawyer Kenneth Dintzer
- The US government launched its case against Google during the Trump administration and the suit carried over in the transition to President Joe Biden