Riyadh, Saudi Arabia - About 89% of CEOs in Saudi Arabia are optimistic about the country's economic growth over the next 12 months, surpassing the global average of 44%, the Middle East average of 73%, and the GCC average of 81%, reveals the 27th Annual CEO Survey by the PwC...
Ford halts shipment of F-150 EVs
It will carry out quality checks on pickup trucks.
Cisco identifies major AI trends for 2024
DUBAI, UAE – Developments in Artificial intelligence (AI) have been impacting businesses, governments and economies across the world. Advancements in AI, especially generative AI (GenAI), are leading to a once-in-a-generation shift. The Cisco AI Readiness Index has revealed that 95 percent of respondents have an AI strategy in place or...Twitter has lost half its advertising revenue, says Musk
Twitter owner Elon Musk said Saturday that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. "We're still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load," the billionaire said in a post, responding to...
RAKEZ highlights Ras Al Khaimah’s potential to Chinese business owners
RAS AL KHAIMAH, UAE - A top-level delegation from Ras Al Khaimah Economic Zone (RAKEZ) recently concluded its trip to China where it engaged with numerous business owners across five major cities on the benefits on investing in the emirate. The RAKEZ team interacted with prominent Chinese business owners from...Elon Musk says Microsoft broke its rules for developers
Twitter called on Microsoft to identify all Twitter content that has been in its control during the past two years; how it is stored and what has been done with it, according to the letter sent to Nadella. Microsoft confirmed receiving a letter from a law firm representing Twitter with...
Netflix partners with Microsoft to offer cheaper streaming plan
The ad-supported subscription will be in addition to the three options already available, the cheapest being $10 per month in the United States.
