Saudi Arabia, UAE rank among top 20 nations globally for AI talent density
With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi...
Economy
US hits back at accounts Iran moved enriched uranium before bombing
Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
Geostrategy
Investigation
Moroccan activists join WhatsApp suit over Pegasus spyware
Claiming that they were "victims of illegal intrusion into their phones by Pegasus software", they said they are planning to...
- The Moroccan plaintiffs said in a statement that "criminal intrusion" into their phones had caused "serious harm, due to (our) activities as human rights defenders, journalists."
- Pegasus gives government users near-complete access to a target's device, including personal data and messages, photos, location and even the camera
Iran has uranium particles enriched to nearly bomb grade: IAEA
The IAEA report said that during an inspection "on 22 January 2023, the agency took environmental samples... at Fordow (sic)...
- The IAEA report comes as the head of the UN's nuclear watchdog, Rafael Grossi, is expected to visit Tehran "in the coming days."
- Iran's stockpile of uranium enriched to 60 percent stood at 87.5 kilogrammes, up from 62.3 kilogrammes, the report said
Business
EGA and ENEC top officials discuss UAE’s clean energy future
EGA has a strategic initiative with TAQA, Dubal Holding, and EWEC to divest its natural gas-fired power plants and instead...
- EGA has a strategic initiative with TAQA, Dubal Holding, and EWEC to divest its natural gas-fired power plants and instead source its electricity needs through the grid from EWEC
- Nuclear energy-generated electricity is particularly important for decarbonising heavy industries, which need large volumes of continuous electricity to power industrial processes
Arts & Culture
Embrace indigenous languages, urges UN expert
“Language rights are also important human rights matters for both minorities and indigenous peoples. Special Rapporteurs have already been critical...
- States must be more inclusive in the treatment and use of minority and indigenous languages, says the United Nations Special Rapporteur on Minority Issues, Fernand de Varennes
- Languages are essential tools to communicate and share knowledge, memory, and history, but they are also key to full and equal participation, he adds
Business
Vietnam shoe maker for Nike, Adidas to cut 6,000 jobs
Vietnam, one of the world's largest exporters of clothing, footwear and furniture, has been badly affected by the cost-of-living crisis...
- PouYuen Vietnam will lay off 3,000 factory workers and will not renew the contracts of 3,000 others because of very few production orders in 2023
- More than 630,000 workers lost their jobs or had their hours cut in Vietnam in 2022, according to the labor ministry
Economy
Tunisia coastguard intercepts over 400 migrants in single night
The Tunisian coastguard said Sunday it had intercepted overnight more than 400 migrants trying to reach Europe by sea in...
- Tunisia, which at points is less that 90 miles from the Italian island of Lampedusa, is a key departure point for Tunisian and other African migrants seeking better lives in Europe
- Rome says more than 32,000 migrants, including 18,000 Tunisians, reached Italy from Tunisia last year, while thousands more have departed from neighbouring Libya
Business
AstraZeneca to move to Dubai Science Park with new sustainable offices ahead of COP28
Set to open in Q3 2023, the move is part of the biopharmaceutical giant’s global green agenda.
- Set to open in Q3 2023, the move is part of the biopharmaceutical giant’s global green agenda
- The company recently held its first multilateral engagement on health and climate at COP27
Arts & Culture
AI, learning models can’t replace human creativity
“AI, Web3 and NFTs have opened new markets. We must embrace and seize the opportunity. As artists, it provides us...
- The rise of Web3 and NFT photography, along with AI and deep learning models, are transforming the landscape of photography and the creative industry at large, says an expert
- As artists, it provides us with new avenues for monetising our work and reaching new audiences. It's crucial that we address the security concerns, adds another expert at Xposure
Economy
UAE rescue team saves two, five days after Turkey quake
More than a hundred hours after two earthquakes killed more than 23,000 people, an Emirati rescue team has pulled alive...
- As part of its ‘Gallant Knight/2’ operation, the UAE has dispatched 134 rescuers to help in the search for survivors in quake-hit Turkey and Syria
- Search and rescue teams, deployed from all over the world, have been racing against time to find survivors amid freezing winter temperatures
Innovations chart Dubai’s path to sustainable future
"An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that...
- Dubai has become the most inspiring example globally for institutionalising the innovation process, says Abdulla Mohammed Al Basti, Secretary-General The Executive Council of Dubai
- An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that has enhanced the UAE’s competitiveness, he adds.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi Arabia, UAE rank among top 20 nations globally for AI talent density
With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi...
Economy
Company News
Airbus nets satellite deal
Business
Latest News
Tesla Q2 auto deliveries surge
Business
UAE captures 30% of Middle East cinema market share in 8 months
Abu Dhabi, UAE -- The UAE cinema sector achieved revenues of AED 517 million during the first eight months of...
Business
Saudi non-oil exports increase by 19 percent in July: GASTAT
Riyadh, Saudi Arabia -- Saudi Arabia's non-oil exports, including re-exports, during July 2024 amounted to SAR25.4 billion ($6.76 billion), compared...
Business
OECD raises growth forecast, calls for higher property taxes
Paris, France -- The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher property...
Economy
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Business
Masdar acquires Saeta Yield
The deal is estimated to be valued at $1.4 billion.
- Saeta is a leading independent developer, owner and operator of renewable energy assets.
- Masdar recently announced an agreement with Endesa to become a portfolio asset partner for Spain's 2.5 GW renewable energy projects.
Geostrategy
Media gag and manufactured consent: Israel’s campaign against Lebanon
Beirut, Lebanon: On Sunday, Israeli troops stormed the Al Jazeera office in the occupied West Bank and issued a 45-day...
- Israel's claim last year that Gaza's largest Al-Shifa Hospital housed Hamas command center was debunked by many.
- Before launching deadly strikes on Lebanon, Israeli military released videos claiming civilian homes housed arms.
Business
ADNOC Distribution H1 dividend $350m
The total dividend for 2024 is expected to be $700 million.
- The second and final portion of 2024 dividend is expected to be paid in April 2025, in accordance with the recommendations of the Board of Directors and shareholder approval.
- The company's cash dividend paid since its initial public offering totaled AED 16.2 billion ($4.4 billion), including cash dividends for the first half of 2024.