OpenAI declares ChatGPT ‘code red’ over stiff competition: report
Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff...
Business
Singapore AI teddy back on sale after recall over sex chat scare
Singapore, Singapore -- A plushy, AI-enabled teddy bear recalled after its chatbot was found to engage in sexually explicit conversations...
Business
Iran plays on color at fashion exhibition
The strict dress code for women has been the subject of heated debate since nationwide protests following the death in...
- Since shortly after the 1979 revolution, women in Iran have had to observe a strict dress code and wear loose-fitting garments while also covering the head and neck
- Many women opt for head-to-toe black chadors. But in recent years, Iranian designers have also sought to include brighter colours in their creations
Economy
Qatar’s strategic initiatives boost sustainable infra
"The financial sector is well-positioned to leverage the opportunities and address the risks presented by the technological evolution. We are...
- Maha Sultan Al Sowaidi, Qatar Central Bank Assistant Governor, emphasizes technology's role in shaping prosperity and economic resilience.
- Second edition of the Qatar Financial Market Forum focuses on "Trends Shaping Emerging Markets and Sustainable Infrastructure and Mobility.
Geostrategy
Over 9,000 take part in pro-Palestinian march in Belgium, says police
BRUSSELS, BELGIUM - Around 9,000 demonstrators marched through Brussels on Sunday calling for an end of Israel's fierce bombardment and fighting...
- The march came a day before EU foreign ministers will meet their Israeli, Palestinian, Egyptian, Saudi and Jordanian counterparts.
- Some also cried out "EU, shame on you" for perceived inaction by Brussels to protect Palestinian civilians.
Business
QIIB lists sukuk on London Stock Exchange
The sustainable sukuk is worth US$500 million.
- The sukuk drew investors from the GCC, the Middle East, Europe, Asia and America
- According to a bank's statement, the issue was oversubscribed more than eight times
Houthis say US ship hit in latest attack, promise safe passage for Russian, Chinese ships
In its own statement, the US military's Central Command, which is responsible for the Middle East, said the Houthis on...
- While the Iran-backed rebels maintained they had struck the commercial vessel in the Gulf of Aden, the US military said the group's missiles had missed their mark
- Continued Houthi aggression against vessels in and around the Red Sea has led to strikes in Yemen by US and British forces
Geostrategy
English player Henderson all set to leave Al-Ettifaq
Riyadh, Saudi Arabia - Jordan Henderson has moved a step closer to ending his much-criticized spell with Saudi club Al-Ettifaq by...
- The 33-year-old England midfielder has been with the Saudi club for just six months since leaving Liverpool
- Of all the high-profile players to move to the Saudi Premier League, Henderson arguably attracted the most criticism
Opinion
Disinformation, misinformation hurt global businesses
"These risks are serious because they limit our ability to tackle the big global challenges we are facing. Changes in...
- Rebuilding trust and fostering global collaboration are essential to address the present challenges.
- The role of AI and digital innovation in combating misinformation and boosting productivity.
Geostrategy
Saudi Scouts Association to participate in Republic Day Camp in India
Riyadh, Saudi Arabia - The Saudi Arabian Boy Scouts Association will participate in the Republic Day Camp (RDC) in India...
- The camp, with the participation of 25 countries, includes a series of activities aimed at promoting awareness of cultural traditions and exchange between the participating nations
- It seeks to enhance values, integration, unity, and diversity while instilling a sense of patriotism, discipline, and leadership qualities
Economy
Sustainable practices make GCC economy resilient
A shift to green tech and renewable energy is fostering the Gulf economy's resilience and diversification for a sustainable future,...
- A shift to green tech and renewable energy is fostering the Gulf economy's resilience and diversification for a sustainable future, says Phil Malem of Serco Middle East.
- GCC's focus on renewable energy, water management, and sustainable transport, alongside green technologies, spurs job creation and aligns with global climate goals.
Geostrategy
India finds apparent wreckage from 2016 military plane crash
New Delhi, India - India said on Friday it had likely found wreckage from an Indian Air Force transport plane that...
- Russian-built Antonov An-32 was carrying service personnel and six crew members during a routine courier service to Andaman and Nicobar Islands in 2016.
- An IAF source told AFP in 2016 that radar data from the missing aircraft showed it making a sharp left turn before rapidly losing altitude.
Most Read
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
OpenAI declares ChatGPT ‘code red’ over stiff competition: report
Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff...
Business
Company News
Latest News
EVs just the start, urban mobility needs a holistic approach
Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie Wylie, an urban mobility expert.
Interview
Adani Group says it lost nearly $55 billion as US bribery charges sparked rout
The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading...
Business
Saudi Arabia sets Guinness record for largest food cluster
Riyadh, Saudi Arabia -- Saudi Arabia has set a Guinness World Record for the largest food cluster in the world...
Business
Most Read
Business
Roche to buy Poseida Therapeutics
The $1.5 billion deal is due to close in early 2025.
- The boards of directors of both companies unanimously approved the deal for Poseida, whose shares had closed on Monday at $2.73.
- Poseida Therapeutics' portfolio notably includes customized cell therapies for hematological cancers, solid tumors and auto-immune diseases.
Business
Saudi Arabia’s non-oil exports surge by nearly 23% in Sept 2024
Riyadh, Saudi Arabia -- Saudi Arabia's non-oil exports surged by 22.8 percent in September, according to a report by the...
- The September 2024 International Trade Report said national non-oil exports, excluding re-exports, rose by 11.6 percent.
- The report also indicated a 14.9 percent decline in merchandise exports in September 2024 compared to September 2023.
Geostrategy
Iran denies involvement as UAE arrests three people in rabbi killing case
"This murder was carried out in the UAE. The murder of an Israeli citizen and a Chabad emissary, is an...
- Kogan was a former Israeli army soldier, who served in Israel's Givati Brigade, which is infamous for carrying out violent attacks against Palestinians
- The UAE, which normalized relations with Israel in 2020 alongside other countries including Bahrain and Morocco, has confirmed the arrest of perpetrators