The company posted a 115 percent increase in revenue.

Davos-Klosters, Switzerland-- Satya Nadella, Microsoft Chairman and CEO, believes that a golden age of AI is underway and will redefine work as we know it. Speaking at a session of the World Economic Forum, Nadella said: “The future of work is not just about technology and tools,” he said. It’s...

ABU DHABI, UAE - IDEX and NAVDEX 2023 exhibitions, to be held from February 20-23 in Abu Dhabi, will host over 15 high-level panels. ADNEC Group is organizing the 16th edition of the International Defense Exhibition & Conference (IDEX 2023), and the seventh edition of the Naval Defense & Maritime...

Dubai, UAE----Dubai real estate market recorded deals worth AED1.5 billion ($408 million) on Monday, Dubai Land Department said. The deals included 515 sales transactions worth AED1.44 billion and 19 gift deals amounting to AED137.87 million. The sales included 483 villas and apartments worth AED1.14 billion, and 32 land plots worth...

Dubai, UAE---A total of 1,600 real estate transactions worth over AED4.8 billion ($1.3 billion) were conducted during the week ending 30 Nov 2022 in Dubai, according to figures released by the Dubai Land Department (DLD). The DLD said that the emirate saw the sale of 176 plots for AED998.19 million,...

The new virtual training environments allow the creation of a fully realised world that can be manipulated to appeal to the learning style of a specific individual. Which means that learners not only absorb and retain information faster, they get far more pleasure and enjoyment from the process, he adds.

Sharjah Commerce and Tourism Development Authority (SCTDA) has confirmed its participation at the 42nd GITEX Technology Week, to be held from October 10- 14 2022 at the Dubai World Trade Center.

Both companies will merge their healthcare businesses.

Dubai, UAE--Dubai real estate market recorded deals worth AED1.7 billion ($462 million) on Monday, according to Dubai Land Department. These include 498 sales transactions worth AED 1.24 billion, in addition to 80 mortgage deals of AED 444.06 million, and 12 gift deals amounting to AED65.68 million. The sales included 469...

Dubai, UAE---Dubai Electricity and Water Authority (DEWA) recorded a growth in the number of smart water meters by 73.6 percent between 2018 and 2022, from 566,214 metres to 983,185. DEWA has a secure and automated infrastructure to manage metre data. Automating metre readings helps customers receive instant information on their...

Riyadh, Saudi Arabia: Riyadh will host the second edition of the Global Artificial Intelligence Summit from 13 to 15 September, the largest international AI event, with the participation of global policymakers and heads of technology, communications, and investment companies. The Summit, themed “Artificial Intelligence for the Good of Humanity,” is...

The deal reinforces its interest in robotics and automation.

A cabinet session headed by Prime Minister Dr. Bishr Khasawneh, passed the charter and circulated the document to all ministries and public institutions.

Pushing intelligence out to the edge will drive change in the design of our products, services, processes, and organizations, and transform how decisions get made – giving greater autonomy to the devices at the edge. The only question is: how quickly can you respond to start building the future? he...

The two parties agreed on the general framework of the project in addition to a draft record of discussions and the structure of the initial implementation.

Artificial Intelligence market is growing in the Middle East by an estimated 20 percent to 34 percent annually, with GCC region taking the lead.

Faisal Abbas, editor of Arab News, believes that it is almost impossible that journalists alone can fix the problem of fake news, and that technology has to step in to resolve the issue.

The second edition of Industry 4.0 and AI for Industrial Leaders that saw the participation of industry leaders in the UAE is designed to develop knowledge and skills in the implementation of artificial intelligence (AI) in industry enhance the nation’s industrial capacity through Fourth Industrial Revolution (4IR) technologies. The four-day...

An internal fight over whether Google built technology with human-like consciousness has spilled into the open, exposing the ambitions and risks inherent in artificial intelligence that can feel all too real.

The Gulf country leads EMEA in the leverage of data, data science, and AI for the purposes of decision making and business growth, the latest Dataiku report points out.

New business models must be developed to take advantage of the metaverse's technology, says Fadi Kassatly, Partner, Enterprise Systems and Cloud Solutions Leader at KPMG. The biggest challenge appears to be that metaverse is not ready yet for the masses to digest immediately across different impactful use cases. A lot...

Artificial Intelligence, wired into the economic plans of many GCC countries, is likely to contribute 12.4 percent to Saudi GDP and 14 percent to the UAE's GDP by 2030.

Greater adoption of AI in the UAE could also add up to $200 billion in productivity gains by 2030, he said.

Hub71, Abu Dhabi’s global tech ecosystem, said on Wednesday that its startup community secured AED 30 million ($8.1m) in 2021 through more than 20 corporate deals. Since its inception in 2019, the affiliated startups have bagged AED1.5 billion of investments and create about 1,000 jobs, while the aggregate valuation of...

The emirate, which boasts a thriving community of startup incubators and accelerators, tops the list for foreign direct investment and technology transfer in startups, artificial intelligence and robotics sectors.

UAE’s Ministry of Defense said on Tuesday that it signed three new deals worth AED966.25 million ($263 million) on the second day of the 5th edition of UMEX & SimTEX 2022. On the second day, the event witnessed wide-scale participation of major companies specializing in unmanned systems, training, and simulation...

G42 Cloud, a subsidiary of G42, the UAE-based AI and cloud computing company, and Serbia signed a Memorandum of Understanding (MoU) to develop AI and cloud computing solutions in the fields of healthcare and finance.

The Gulf region leads in adoption of artificial intelligence or machine learning to boost productivity, says Rami Darwish, CEO of Dubai-based Arrow Labs.

Investopia investment summit has announced the signing of a Memorandum of Understanding (MoU) with Deloitte Middle East for collaboration to enrich the Summit’s discussions and workshops. Under the terms of the agreement, the two parties will jointly study significant economic areas such as investments in Artificial Intelligence, social and environmental...

The two sides agreed on the project's overall framework, in addition to a draft accord detailing initial implementation phases.

The device is up to 20 times faster than Facebook’s current systems.

The biopharma campus is expected to be set up in Abu Dhabi.

The pact entails building smart transportation ecosystem.

SB Group founder and CEO Sanjeevv Bhatia says the hotel industry can no longer ignore net-zero goals.

Artificial Intelligence, 5G, cloud, big data, cybersecurity, blockchain, quantum computing, Fintech and immersive marketing remain key focus of the five-day show.

Accenture created integrated intelligent systems for Expo teams, nations, vendors and supplier, says Angelo Lorusso, the company's MD and Client Account Lead for Expo 2020.

Mohamed Hamad Al Kuwaiti has said the UAE is fully equipped to transition into AI for governance and economy.

Saudi Arabia aims to be one of the top 10 countries in the world in data and artificial intelligence, and in this direction the kingdom is has put 25,000 data and AI specialists through training.

The company has partnered with Dubai Silicon Oasis Authority for energy optimization and efficiency of the campus.

This would include monitoring visitors for safety from the moment of their arrival to the UAE until they reach the exhibition site.

UN high commissioner Michelle Bachelet presented a fresh report, which was called for by the UN Human Rights Council and looked at how countries and businesses have often hastily implemented AI technologies without properly evaluating how they work and what impact they will have.

A World Economic Forum study offers a road map and practical recommendations for the energy and AI industries to maximize AI’s benefits.

Data retention, performance enhanced in the new architecture.

Musk said the robot would be five feet and eight inches tall, and that a prototype would be ready next year.

Experts predict AI will contribute $320 billion to the Middle East economy by 2030 and virtual care, remote patient monitoring and AI expected to account for 30 percent of hospital investment.

The latest technology is likely to accelerate the deployment of tech solutions that enable establishment of smart cities, including smart transportation, self-driving vehicles and unmanned aircraft.

UAE’s National Program for Artificial Intelligence and Bahrain’s Nasser Vocational Training Centre have signed a pact The parties will also look into developing a related remote-learning and training system The United Arab Emirates’ National Program for Artificial Intelligence and the Nasser Vocational Training Centre in Bahrain have signed a cooperation...

  A Sophos report has said around 92% of IT teams in companies in the UAE said they expect Artificial Intelligence to help deal with cyberattacks The report also said 87% of them expect AI to help the deal with the complexity of the attacks A report by global cyber...

At present, financial services form Luxembourg's biggest export to UAE Future economic ties to also focus on will space, fourth industrial revolution (4IR) technologies, digitization, AI Luxembourg’s economic relations with the United Arab Emirates, which have traditionally been centered around the exchange of services, will expand to many more areas,...

Artificial intelligence (AI), undisputedly the best technological gift of the digital age, together with Internet of Things, blockchain and data analytics is fueling the Fourth Industrial Revolution around the world. And, the Middle East and North Africa nations, especially those in the Gulf Cooperation Council (GCC), have occupied a pioneering...