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Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Aramco, unit and Sinopec ink $4bn deal

The two companies will establish a joint venture company.

Etihad unveils new A321LR aircraft

A321LR features First Suite - a private, enclosed space with a sliding door.

stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

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

ADQ and US equity firm ECP to invest $25bn in data center energy projects

Dubai, UAE --  Abu Dhabi sovereign wealth fund ADQ has partnered with the American private equity firm Energy Capital Partners...
  • Though the partnership’s primary focus will be the USA, a portion of the capital may also be allocated towards opportunities in selected other international markets.
  •  The combined initial capital contribution from the partners is expected to amount to $5 billion.

Deepfakes can clone your voice in 5 seconds, tech firms mount defense

Las Vegas, United States -- Tech firms are fighting the scourge of deepfakes, those deceptively realistic voices or videos used...
  • Hong Kong police recently revealed that a multinational firm employee was tricked into wiring $26m to crooks who staged a videoconference with AI avatars of his colleagues.
  • A recent study by identification start-up iBoom found that a scant tenth of one percent of Americans and Britons were able to correctly tell when a picture or video was a deepfake.

AI companions present risks for young users, US watchdog warns

New York, United States -- AI companions powered by generative artificial intelligence present real risks and should be banned for...

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Latest News

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...

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...

‘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...

Most Read

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

ADQ and US equity firm ECP to invest $25bn in data center energy projects

Dubai, UAE --  Abu Dhabi sovereign wealth fund ADQ has partnered with the American private equity firm Energy Capital Partners...
  • Though the partnership’s primary focus will be the USA, a portion of the capital may also be allocated towards opportunities in selected other international markets.
  •  The combined initial capital contribution from the partners is expected to amount to $5 billion.