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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.

Abu Dhabi to instal ‘state-of-the-art’ scanners to detect Covid-19

Abu Dhabi to instal advanced scanners to detect Covid-19, starting with entry points to the emirate The scanners will be...

UAE, Ethiopia start-ups among 100 awardees at WEF’s 2021 Technology Pioneers cohort

The start-ups include new leaders in AI, cybersecurity, robotics, and others using tech to address gaps in healthcare, financial access...

SHUAA to launch next-gen Digital Wealth platform

The Digital Wealth Platform will open up SHUAA to a broader investor base The new digital wealth platform will integrate...

SCT, Omantel ink pact for satellite services

Omantel will utilize satellite services to expand and enhance its mobile network backhauling The agreement will help Omantel gain satellite...

Algeria cancels France 24’s operating license

Authorities had given the channel a final warning on March 13, over its "coverage of Friday marches"  Reporters Without Borders...

SecuLetter webinar to introduce Korea’s cyber-security tech in Mideast

SecuLetter, a company specializing in detecting and blocking malicious code, will highlight various strategies SecuLetter's Middle East Partner, Best IT...

Zain KSA top performer in 5G services

  Zain KSA ranked first in the mobile 5G average download speed Company also a topper in the Fixed Internet...

NtechLab, the world leader in computer vision, comes to UAE

NtechLab serves more than 100 customers in over 20 countries NtechLab products are in demand in public and corporate security,...

Ericsson ConsumerLab: 5G changing smartphone use in UAE

Largest 5G consumer study to date captures opinions equivalent to 1.3 billion consumers and 220 million 5G users globally Early...

Erem Media’s use of iZooto reduces dependency on Google

iZooto replaces Google search as number 1 source of traffic for Erem Media Group 

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...

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AI risks repeating social media mistakes, says Microsoft president

NEW DELHI, INDIA - Breakneck development of artificial intelligence risked repeating mistakes made by the tech industry at the start of...

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...

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...

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Microsoft submits new Activision deal

A previous version of the acquisition deal was blocked.
  • Xbox-owner Microsoft launched a bid for Activision Blizzard early last year, seeking to establish the world's third biggest gaming firm by revenue.
  • Britain's Competition and Markets Authority said it has "opened a new phase 1 investigation into the restructured deal by Microsoft to buy Activision".

Generative AI likely to supplement than destroy jobs: ILO

Geneva, Switzerland -- Generative Artificial Intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather...
  • An International Labour Organization (ILO) study has found most jobs and industries are only partly exposed to automation and are more likely to be complemented by Generative AI.
  • It suggests this new wave of technological transformation could offer important benefits for developing countries.

Saudi Arabian Crown Prince launches KAUST’s new strategy

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board...
  • Strategy aims to transform research into economically productive innovations by focusing on national priorities for research, development and innovation.
  • It aims to strengthen KAUST’s partnerships with both the public and private sectors, which will contribute to achieving the objectives of Vision 2030.