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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Hub71-backed ABHI to set up global headquarters in Abu Dhabi

DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in...

Batelco revamps 5G packages for entrepreneurs, SMEs

The move is expected to enable entrepreneurs, SMES, and large corporations to experience the fastest and largest 5G network in...

Half of adults in Saudi Arabia, UAE seek energy-efficient, futuristic internet

94 percent of adults each in both countries considering doing more activities virtually to reduce carbon footprint Over a third...

Ruler of Dubai unveils Dubai Digital Authority

*The Authority to oversee digital transformation *It is expected to bring about social and economic benefits to Dubai In order to...

Subex, Spire Solutions partner to address cyberattacks in Middle East

The volume of inbound cyberattacks grew by 67 percent in the first 4 months of 2021  Subex's latest threat landscape...

Saudi Arabia awarded G5 status by ITU

  The kingdom achieves the G5 regulator classification two years ahead of the targeted date of 2023 ITU’s G5 classification...

Israel-based i24News channel to open Dubai office

Two major Emirati telecom operators, Etisalat and DU, would carry content from i24News, which broadcasts in Arabic, English and French...

UAE Microsoft Cloud centers have a positive impact on economic growth

A study has shown Cloud ecosystem will generate $27 billion in the next four years Microsoft and its partner ecosystem...

Mishal Al-Hokair to head MENA’s Leisure and Attractions Council

Al-Hokair, a Saudi national, brings new industry insights to the board  MENALAC represents the leisure, entertainment and attractions industry in...

Abu Dhabi Police warns against fraud, scam calls requesting bank data

  The police have warned people not to fall for small text messages that simulate government institutions Fraudsters obtain information...

Twitter lets Arabic users to be addressed in the feminine

The company caved in to demands for gender equity space on social media site Arabic verbs and adjectives have both...

Hub71-backed ABHI to set up global headquarters in Abu Dhabi

DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in...

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More Middle Eastern firms embrace Responsible AI

A significant 16% of Middle Eastern organizations have fully implemented Responsible AI policies and processes, a latest report highlights.

The fight over a ‘dangerous’ ideology shaping AI debate

Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of...

stc Group begins work in Europe

stc’s subsidiary TAWAL buys assets in eastern Europe.

Most Read

All eyes on tech firms as strict EU digital rules come into effect

The landmark Digital Services Act (DSA) compels tech companies to better police content to protect European users against disinformation and...
  • The first phase of the regulation affects 19 "very large" digital platforms including social media networks, websites and online retailers with at least 45m monthly active users.
  • They are: Alibaba AliExpress, Amazon Store, Apple AppStore, Booking.com, Meta-owned Facebook and Instagram, Google's Maps, Play, and Shopping, LinkedIn, Pinterest.

India first nation to land spacecraft near Moon’s south pole

The landing of the unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, comes days after a Russian probe crashed in the...
  • The Chandrayaan-3 mission has captivated public attention since launching nearly six weeks ago in front of thousands of cheering spectators.
  • Chandrayaan-3 took much longer to reach the Moon than the Apollo missions in the 1960s and 1970s, which arrived in a matter of days.

e& capital invests in Maxbyte

The funding aims to expedite growth by bolstering sales team.
  • Maxbyte is a leading provider of Industry 4.0 solutions with a strong presence in the automotive, defense, utilities, and food and beverage sectors.
  • It aims to enable smart connected industrial enterprise for flexibility, productivity, predictable revenue and profit growth, as well as sustainability.