NEW YORK and RIYADH — The ATP Tour, in a landmark partnership with the Public Investment Fund (PIF), has unveiled ATP Tennis IQ Powered by PIF, a cutting-edge technology platform designed to revolutionize how players access data and improve their performance. The new system aims to level the playing field...

Ajman, UAE - The Arabian Travel Market 2024 (ATM) kicks off in Ajman from May 6 to May 9, celebrating the emirate's cultural heritage, vibrant events, and array of tourism offerings. "ATM 2024 marks a pivotal moment for Ajman as we unveil our commitment to Ajman Vision 2030," Mahmood Khaleel...

The company's revenue grew by 40 percent year-on-year.

AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to organize an economic forum in the Kingdom. This event, on April 21, aims to enhance financial, industrial and commercial partnerships among Iraq, Jordan and other countries in the region. The...

DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in Pakistan, is advancing to its next growth stage by establishing its global HQ in Abu Dhabi to grow its international operations. ABHI joined Hub71, Abu Dhabi’s global tech ecosystem, in...

DUBAI, UAE – The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of Dubai Department of Economy and Tourism (DET), has joined forces with Chi-X Digital Assets (CXDA), an AI-based fintech platform. CXDA provides short-term debt products that help generate liquidity, facilitate investment, maximize...

Maritime Hub Abu Dhabi will boost the marine sector.

Abu Dhabi, UAE--ADQ and Qazaqstan Investment Corporation have established a co-investment platform focused on high-growth sectors such as food and agriculture, mobility, healthcare, energy transformation and clean technology, financial services technology, and education technology. The platform aims to explore and leverage investment opportunities in Kazakhstan as well as other countries...

The firms have jointly launched a climate investment platform.

Abu Dhabi, UAE--ADNOC and Santos have signed a strategic collaboration agreement (SCA) to build a joint global-carbon-management platform that could support the decarbonisation journey of customers throughout Asia-Pacific. The SCA also provides companies with the opportunity to work together to advance critical carbon capture and storage (CCS) technologies necessary to...

Dubai, UAE -  The value of bitcoin rose above $36,000 on Thursday for the first time since May 6, 2022, the Coindesk platform said on Wednesday. Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. It can be issued by any user who is a member...

ABU DHABI, UAE - Trade between the two countries is on an upswing with volumes this year expected to surpass that of last year, Radha Krishna Panday, Ambassador of Canada to the UAE, told the Emirates News Agency (WAM). He said that the UAE has created a value-added platform that...

Riyadh, Saudi Arabia - Jisr, the largest platform for digitizing human resources operations in Saudi Arabia, has closed an investment round worth 30 million US dollars (SR 112.5 million). This marks the largest Series A investment round for a Software as a Service (SaaS) company in the Middle East. The...

Riyadh, Saudi Arabia-- Saudi Broadcasting Authority (SBA) has launched a new TV channel called Saudia Alaan (Saudi Now) to highlight the kingdom’s “rapid progress” towards the Saudi Vision 2030 and its recent advancements. The ceremony, held under the patronage of the Minister of Media and Chairman of the Board of...

DOHA, QATAR -  The Ministry of Labor (MoL) launched the "Istamer" digital platform, which deals with employing Qatari retirees wishing to work in the private sector. The unveiling of the Istamer platform is a key component of promoting the National Program for Job Localization in the Private Sector. Its purpose...

DUBAI, UAE –   Bitay, a cryptocurrency platform from Turkey, announced its expansion into the UAE's burgeoning crypto market. The UAE, which has an impressive 99% internet penetration rate according to a McKinsey study, welcomes Bitay. This move aligns with the UAE’s growing stature as a global digital hub and its...

GANDHINAGAR, INDIA - The World Health Organization (WHO) and the G20 India presidency announced a new Global Initiative on Digital Health (GIDH) on Saturday at the Health Minister’s Meeting of the G20 Summit hosted by the Government of India. The new GIDH initiative will operate as a WHO-managed network and...

Dubai, UAE-- Around 9.1 million people visited the UAE’s Government Unified Digital Platform, U.AE, from the start of 2023 until the end of June. According to the Telecommunications and Digital Government Regulatory Authority (TDRA), the jump in the average number of pages viewed was 3.52%, compared to the same period...

IDB will fund renewable projects by joining ETAF platform.

It is expected to propel Qatar as an investment hub.

DUBAI, UAE - Dubai International Chamber (DIC), one of the three chambers operating under Dubai Chambers, has launched the International Partners Network, a platform to enhance cross-border dialogue and cooperation between DIC and trade promotion agencies, commercial attaches and business councils. The launch of the network was attended by over...

NEW YORK, US -  US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities exchange venue exposed investors to risk. The complaint comes on the heels of Securities and Exchange Commission (SEC) charges filed on Monday against cryptocurrency exchange Binance and founder Changpeng Zhao...

Abu Dhabi, UAE--The Federal Tax Authority (FTA) has launched what it dubs as a ‘Corporate Tax Virtual Workshops’ awareness platform, designed to provide knowledge and support for taxpayers who are subject to corporate tax. The new feature forms part of the steps the FTA has taken to ensure a smooth...

Dubai, UAE-- The UAE government has launched an AI-powered chatbot that allows users to access information about government services in one place in Arabic and English. The “U-Ask” platform, a unified AI-powered chatbot, is now available on the official portal of the UAE government. Using generative AI technology, the platform...

Dubai, UAE-- In order to fulfill demand for working capital in Africa, DP World has partnered with Standard Bank, the largest bank in Africa by assets, to offer trade finance solutions jointly with DP World Trade Finance. African companies looking for trade finance will now be able to seamlessly access...

Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to reverse the tide at the struggling platform he bought for US$44 billion last year. Yaccarino is a highly respected advertising executive who stepped down from NBCUniversal "effectively immediately" on Friday.

Since the beginning of 2023 alone, three digital and physical platforms have been launched by Qatar, Oman and Kuwait to facilitate investments by foreigners and the local private sector.

SAN FRANCISCO, US - Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in a project seen as a potential rival to embattled Twitter. Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs and seen advertisers flee...

The launch is part of a year-round program that will allow women filmmakers to collaborate with leading industry professionals and access funds to create and share their stories.

DUBAI, UAE -  Investopia, the global investment platform launched by the UAE Government, and Mubadala, the sovereign investor, announced a strategic partnership. This strategic partnership is focused on Investopia’s second annual event which will take place on March 2- 3, 2023 in Abu Dhabi, under the theme 'Envisioning Opportunities in...

Abu Dhabi, UAE--The Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) announced today that Muscat Stock Exchange (MSX) has now joined the "Tabadul" platform, the region’s first digital exchange hub, established on the mutual market access model that provides a trading network between stock exchanges regionally. As a result,...

Dubai, UAE--Dubai International Financial Centre (DIFC) unveiled the “DIFC Metaverse Platform” to attract technology innovators from around the world. The platform is part of a comprehensive strategy being developed by Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, to...

Dubai, UAE--The Ministry of Human Resources and Emiratisation (MoHRE) has held a meeting with a number of recruitment agencies in the UAE to discuss the latest developments and ways to benefit from the Nafis platform, helping companies with 50 employees or more achieve the Emiratisation targets of 2% for skilled...

The Cryptocurrency platform chief executive quits.

No financial terms were disclosed of the proposed deal.

The deal drew contrasting reactions, with former US president Donald Trump cheering the change of leadership on a platform that had banned him, while activists warned of a surge in harassment and misinformation. European politicians were quick to signal to Musk that the continent had regulations for social media companies.

Bank raised US$325m from its stake sale of Spanish firm.

Abu Dhabi Chamber of Commerce and Industry (ADCCI) will launch a new platform for Abu Dhabi's business community in order to support digital transformation.

Saudi Arabia's Minister of Education Dr. Hamad bin Mohammed Al AlSheikh has met with the leaders of edX platform at Boston University in the United States.

It will buy stake in a US healthcare firm Ardent.

Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly robotic carrier to transport and lift solar photovoltaic panels easily from any surface.

TikTok on Friday said Oracle will store all the data from its US users, in a bid to allay fears about its safety in the hands of a platform owned by ByteDance in China. The announcement came as the popular video snippet sharing service fended off concerns about the ability...

TikTok on Wednesday announced an ad revenue-sharing program with the social media platform's most prominent creators, moving closer to a model already used by its competitors.

Arab News, the leading multilingual pan-Arab daily, celebrated its 47th anniversary with a commitment to continue to be the platform of choice for voices that matter to its audiences worldwide.

The MoU is expected to help the commission as well as the company to support Saudi fashion designers.

Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming generations, announced that it has funded ‘Lune,’ a platform from an Emirati startup specializing in the field of financial data analysis, with an amount of AED250,000 ($68,000). Created by Lune...

The Cabinet approved the UAE System for Crowdfunding Platform Operators, stressing that the Securities and Commodities Authority (SCA) will be responsible for the regulation governing the activities of crowdfunding platform operators.

Dubai Chamber of Commerce has announced the establishment of the Dubai Council for Wooden Ships, a new business group that will support the wooden ships sector in Dubai by unifying voices of member companies.

Dubai Airports, the operator of Dubai International (DXB) and Dubai World Central (DWC), has announced the launch of the new Dubai Airports Women’s Network (DAWN).

The company saw 221.8 million subscribers in 2021.