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Tech & Media

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Survey: 66% business leaders in Egypt, GCC to invest more in data analytics

Incorta, a US data analytics company, conducted the survey About 153 business leaders in 11 industries from Egypt,  GCC took...

Saudi Arabia to hold hacking event in November

@Hack set to be one of the largest cyber security events in the world It will host offensive security hackers...

Saudi AI authority, King Abdullah University sign MoU for research and innovation

The worldwide market for AI is expected to generate revenues to the tune of $554 billion by 2024

MENA region to see fall in PC device shipments in Q2 2021

  The Middle East and Africa personal computer devices market will see a decline of 2.4 percent year-on-year in the...

Kalaam Telecom acquires Kuwaiti ISP leader Zajil Telecom

  The combined entity will turn it into a $100m technology solutions company Kalaam will be among the top three...

Huawei bats for ‘all-flash’ data centre in ‘the intelligent age’

The amount of data to be stored will rise from 32 ZB in 2018 to 180 ZB by 2025 Building...

How is technology changing the fortunes of Bahrain?

Small island nation Bahrain is spearheading its investment in the technology sector in a bid to position itself as a...

How are on-demand technologies altering the way we work?

By Anthony Khoury Technology has rapidly redefined the way we work and live our lives, allowing for new forms of...

Dubai to steer video gaming industry in region

With booming young population hooked to internet and ground-breaking breakthroughs in the areas of Artificial Intelligence and Virtual reality, video...

Arab News launches 2020 vision, new identity at Arab Media Forum

Arab News has unveiled a new identity and a “2020 vision” to cement its positioning as the leading Middle East...

Healthcare industry globally faces data hacking threat

DUBAI, UAE - In an age where data is a cornerstone of modern healthcare, the industry faces an escalating threat...

Company News

Latest News

Microsoft submits new Activision deal

A previous version of the acquisition deal was blocked.

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...

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...

Most Read

International Military Forum Army-2023 opens in Moscow

MOSCOW, RUSSIA - The international military-technical forum Army-2023 opens at the Patriot Congress and Exhibition Center here.About 1,500 prominent Russian...
  • About 1,500 prominent Russian companies of the military-industrial complex will present their products.
  • 85 foreign companies and organizations from seven countries will also participate in the forum.

Huawei H1 revenue at US$43.3bn

The firm works to diversify its business operations.
  • The Shenzhen-based company has for several years been at the center of an intense tech standoff between China and the US.
  • Since 2019, sanctions have cut the company off from global supply chains that gave it access to US-made components and technologies.

AI anxiety: workers fret over uncertain future

Legal assistants, programmers, accountants and financial advisors are among those professions feeling threatened by generative AI.
  • Goldman Sachs analysts see generative AI impacting, if not eliminating, some 300 million jobs, according to a study published in March.
  • AI is bringing with it a level of apprehension matched by climate change and the Covid-19 pandemic, a therapist said.