NFT artworks accounted for some $2.8 billion in sales last year and the rate has declined only slightly in the first half of this year, according to analyst firm NonFungible.

Patches were released Thursday and Wednesday by the tech titan to fix what it described as a vulnerability hackers already knew about and may be taking advantage of. "Apple is aware of a report that this issue may have been actively exploited," the Silicon Valley-based company said.

The blueprint establishes the frame for blockchain at the national level and identifies its key elements; innovation and creativity.

For decades, the emirate has been a global player with a plethora of capital, talent, corporate tax incentives and ground-breaking technologies, says the latest BCG report.

The Museum of the Future has signed a strategic partnership agreement with Dubai Electricity and Water Authority (DEWA) to showcase unique technologies and solutions related to the future of environmental sustainability and renewable energy.

Remote work seems to be here to stay, and digital transformation will continue to facilitate it. For companies that haven’t embraced it, now is the time to invest in the digital transformation strategies that enable remote work, and in the technologies that spur digital transformation, Kazak points out.

Organisations can either view recent global disruptions such as Covid-19 pandemic as a death sentence or as a chance to embrace a new and more productive era of working. Dean suggests a few measures that may help businesses weather the current storm and equip them for future success.

The draft has been formulated in collaboration with experts from the European Union, the United Nations Economic and Social Commission for Western Asia, and the UNIDO.

However, there are numerous economic sectors where tech penetration remains in its infancy, such as in logistics, e-commerce and supply chains, which retain enormous growth potential irrespective of recession risks, and in many cases can be accelerated by cost concerns, Deschamps adds.

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 countries discussed working papers on global best practices on a number of issues related to the work of the committee.

The Sion, a five-person family car covered completely in solar panels, should enter into serial production in the second half of 2023, the German start-up developing the vehicle said Monday.

Emirati exports to South Korea increased by 34 percent in 2021 compared to 2021, reaching $679 million.

The remarks came amid heightened tensions between Iran and Western powers as talks in Vienna to revive a 2015 nuclear deal have been stalled since March.

The assembly will host more than 300 global experts, policymakers, thought leaders, and decision-makers from more than 40 organizations.

For businesses who feel they have no choice but to pay cybercriminals in order to unlock their files, they not only put their money at risk, but also put their reputation at stake. Thus, a robust cybersecurity strategy as well as having an insurance policy against data breaches should be...

Dubai will host the first edition of the World Corporate Summit which will discuss sports and multi-sectoral business growth as core pillars. WCS will be held from November 21 to December 16 and will be attended by decision-makers from multinational corporations, UAE-based firms and government institutions.

Most of the public and private sector leaders believe that Artificial Intelligence is a valuable asset in fight against climate change but insufficient expertize remains a challenge.

As a multidimensional world extending the physical realities of our current 4D world, it is rather a product of the different waves of digitization and internet development that started in the 90s, adds Blanchard.

The UAE will encourage some 300 global technology firms and software developers to set up base in the country under the newly launched "NextGenFDI."

Global trade hit a record high of $28.5 trillion in 2021, with more growth expected in 2022. The future also promises growth due to a new era of multilateralism, supported by regionalization, trade in services, innovation and sustainable trade, which would counter global recession, according to 'The Future of Trade 2022'...

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.

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar.

The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS.

France is looking to invest in energy, technology, water and industrial services sectors in Saudi Arabia, according to the French ambassador to the kingdom. Ludovic Pouille said at a press conference that the kingdom is an attractive region with a suitable environment for investments in all its vital sectors. The...

Are China and Russia taking over the US power in the Gulf Cooperation Council region? Khaled Janahi, chairman of Vision 3, tends to disagree. “I would question the question because there are a lot of people thinking that already China and Russia are taking over. There is difference between relationship...

Christine Harb, CEMEA Vice President of Marketing at Visa, believes that the workplaces should offer the right flexible benefits for women to join.

Trial aimed at preventing heat-related illness in workers.

Payment on metaverse will take place through cryptocurrencies. NFTs and virtual goods will become popular once metaverse becomes mainstream. Therefore, it is curcial for the metaverse that NFTs and virtual property be implemented. Additionally, banks will need to accept cryptocurrency as a form of payment for these products.

Emirates Development Bank (EDB) will participate in the first "Make it in the Emirates Forum" to be held on 21-22 June at ADNOC Business Centre, Abu Dhabi. It will use the Forum to underline how its range of flexible financing solutions can help large corporates and SMEs to expand, diversify...

Virtual fashion and technologies will enable us to reduce our carbon footprints and the strain on the planet. Fashion firms can now design a new digital fashion collection for the audience, which they can show and launch in the virtual domain on virtual models without producing additional waste and clothes,...

The Kingdom's service sector is expected to grow rapidly once the major Vision 2030 tourism and entertainment projects - Qiddiya, the Red Sea project, NEOM, Al-Ula - are completed.

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...

ADQ of Abu Dhabi and Jordan have set up a $100 million technology venture capital fund (the Fund) to bolster tech companies in the kingdom's digital economy. ADQ is reinforcing its commitment to investing in advancing core sectors of the Jordanian economy and enhancing the global technology ecosystem. The Fund...

The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones. On a visit to Doha, Abdel-Wahab agreed on coordinating field visits to the Qatari business community to Egypt to discuss investment opportunities. Abdel-Wahab reviewed the investment opportunities for Qatari investors,...

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.

Jordan and the United Arab Emirates (UAE) have discussed exchanging expertise between them, especially in the field of accreditation and quality assurance in higher education institutions. The meeting was held between Accreditation and Quality Assurance Commission for Higher Education Institutions (AQACHEI) president Thafer Assaraira, and Education and Technology Sciences attaché...

With the entry of Cloudflare, a top-rated American content delivery network, into its rapidly expanding zone, Dubai Internet City has entrenched its position as a preferred hub for new economy companies in the region.

Energy, utilities and natural resources account for 42% of the total IPO proceeds, TMT 27% and financial services 21%, Odin Financial Advisors MD Omer Unsal tells TRENDS.

Dubai is among cities that woo huge FDIs and lead in technology transfer in startups, AI and robotics sectors. TRENDS analyzes how it has become Monaco of the region.

Qatar Railways Company discussed collaboration opportunities with the United Kingdom’s trade delegation of railway experts and companies. The discussions involved collaboration across the full spectrum of customer experience, operations, maintenance and future project delivery. The meeting took place at the headquarters of Qatar Rail, where the delegation met with representatives...

In the face of security threats, airport authorities are enhancing technology-based end-to-end solutions in order to detect and mitigate security challenges.

One of the biggest challenges for women in the GCC is the lack of possibilities in the workplace, Novonda founder Jean-Pierre Calvez tells TRENDS.

The climate commitments of global energy giants lack credibility as they rely on costly technologies that have yet to be proven at scale, according to a report published Thursday by Carbon Tracker. The non-profit think tank that researches the impact of climate change on financial markets noted that despite a...

Kuwait’s Ministry of Public Works has announced it will be re-building five commercial centers across the country. Local media reports, citing Elham Al-Shammari, the engineer of the project for demolishing, rebuilding and maintaining five external centers for commercial licenses in the Ministry, said the centers will be located in five...

Cybercrime has risen to the forefront of physical security concerns. And big firms are acutely aware of the problem, says Ephrem Tesfai from Genetec tells TRENDS.

The world's first minister for artificial intelligence says the United Arab Emirates isn't only looking for economic benefits as it seeks to become a leading nation in the sector. The UAE's minister of state for AI, Omar bin Sultan al-Olama, said "quality of life" considerations were key, and also stressed...

UAE’s Minister of Industry and Advanced Technology Sultan bin Ahmed Al Jaber reviewed bilateral relations with Mostafa Madbouly, Prime Minister of Egypt.

Online payments giant Stripe on Friday said it will start letting Twitter stars get paid in a dollar-pegged form of cryptocurrency in the latest endorsement of digital money.