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Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

OpenAI offers to help countries build AI system

OpenAI on Wednesday announced an initiative to help countries build their own artificial intelligence (AI) infrastructures, with the US government...

Meta to start using Europeans’ data for AI training May 27

Paris, France -- Meta will start using public posts and comments by its European users to train generative artificial intelligence...
  • Meta, the owner of Facebook, Instagram and Threads, said earlier it would develop its AI models with European users' public content and conversations with the Meta AI chatbot.
  • That means anything from Instagram photo captions to Facebook comments could soon be fair game for Meta AI, though private conversations via WhatsApp will be excluded.

Denmark’s Royal Unibrew adds AI colleagues into workforce

Fakse, Denmark -- They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only...
  • Royal Unibrew in Denmark has introduced five virtual AI colleagues with names and backstories to assist human employees with routine tasks and information retrieval.
  • The company reports increased engagement since adding photos to the AI agents, and employees interact with them through chats and emails for enhanced efficiency.

US exempts several consumer electronics from Trump’s import tariffs

Washington, United States -- The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs --...
  • US Customs and Border Protection office said smartphones, laptops, memory chips and other products would be excluded from the global levies President Donald Trump rolled out a week
  • The exemptions will benefit US tech companies like Nvidia and Dell, as well as Apple, which makes iPhones and other premium products in China.

After Instagram restrictions, Meta to introduce teen accounts for Facebook

Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...
  • The accounts were brought in for 13- to 15-year-old Instagram users last September as part of moves to shield underage internet users from online harms.
  • Teens are immediately placed in such accounts, with those under 16 unable to change settings without parental permission.

UAE’s steady economic rise fertile ground for growth of facilities management

A steady stream of development projects and year-round tourism in the country propel demand for tech-enabled facilities management, says Adnan...
  • In a market like the UAE, or the GCC in general, where things evolve daily, adaptation is essential, said Jabri.
  • Our industry is increasingly focused on sustainability, and technology plays a pivotal role in enabling environmentally friendly practices, he added.

First orbital rocket launched from Europe crashes seconds after blast-off

Oslo, Norway -- The first orbital rocket launched from continental Europe crashed seconds after blast-off Sunday, in a closely watched...
  • Isar Aerospace, which had said it did not expect to reach orbit with the launch, said the two-stage rocket fell into the sea, adding that "the launch pad seems to be intact".
  • The 28-metre (92-foot) tall, two-meter diameter rocket has a one-ton carrying capacity, but was unloaded for the test flight.

‘Something is rotten’: Apple’s AI strategy faces doubts

New York, United States - Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy? Doubts...
  • Doubts arose when tech analyst John Gruber criticized Apple in a blog titled "Something Is Rotten in the State of Cupertino."
  • The analyst admitted frustration for not questioning Apple's Siri genAI upgrade announced last June

Firms and researchers at odds over superhuman AI

The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...
  • "Systems that start to point to AGI are coming into view," OpenAI chief Sam Altman wrote in a blog post last month.
  • Such predictions help justify the hundreds of billions of dollars being poured into computing hardware and the energy supplies to run it.

Does ‘vibe coding’ make everyone a programmer?

New York, United States -- Can a complete tech novice create a website using everyday language on ChatGPT? That's the...
  • The ChatGPT and Claude interfaces can write an entire program line by line on demand, as can Gemini, which launched its dedicated version, Gemini Canvas.
  • Other generative AI platforms specifically dedicated to coding have also made their mark in recent months, from Cursor to Loveable, or Bolt, Replit and Windsurf.

Italian paper prints fully-AI edition, but not to ‘kill’ journalism

Rome, Italy -- In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in...
  • Il Foglio, a daily broadsheet with an irreverent touch and a circulation of about 29,000, says it is the first newspaper in the world to print entire editions created through AI.
  • The newspaper's 20-odd journalists ask a version of ChatGPT to write a story on a specific subject in a specific tone, and it produces a text using information scraped off internet

OpenAI offers to help countries build AI system

OpenAI on Wednesday announced an initiative to help countries build their own artificial intelligence (AI) infrastructures, with the US government...

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US exempts several consumer electronics from Trump’s import tariffs

Washington, United States -- The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs --...

After Instagram restrictions, Meta to introduce teen accounts for Facebook

Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...

UAE’s steady economic rise fertile ground for growth of facilities management

A steady stream of development projects and year-round tourism in the country propel demand for tech-enabled facilities management, says Adnan...

Most Read

‘Something is rotten’: Apple’s AI strategy faces doubts

New York, United States - Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy? Doubts...
  • Doubts arose when tech analyst John Gruber criticized Apple in a blog titled "Something Is Rotten in the State of Cupertino."
  • The analyst admitted frustration for not questioning Apple's Siri genAI upgrade announced last June

Firms and researchers at odds over superhuman AI

The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...
  • "Systems that start to point to AGI are coming into view," OpenAI chief Sam Altman wrote in a blog post last month.
  • Such predictions help justify the hundreds of billions of dollars being poured into computing hardware and the energy supplies to run it.

Does ‘vibe coding’ make everyone a programmer?

New York, United States -- Can a complete tech novice create a website using everyday language on ChatGPT? That's the...
  • The ChatGPT and Claude interfaces can write an entire program line by line on demand, as can Gemini, which launched its dedicated version, Gemini Canvas.
  • Other generative AI platforms specifically dedicated to coding have also made their mark in recent months, from Cursor to Loveable, or Bolt, Replit and Windsurf.