The Abu Dhabi Investment Office (ADIO) will provide technology companies Callsign, Lyve and RIZEK financial and non-financial incentives, including rebates on skilled payroll.

New testing is about half the cost of existing carbon capture techniques The cryogenic technology hopes to capture up to 25 tons a day from a power plant A pioneering technique is being tested by a team of scientists at Jeddah-based King Abdullah University of Science and Technology for freezing...

59 percent claim remote work option is an important aspect in their workplace In the UAE, there is a higher preference for larger companies About 74 percent of UAE professionals say their potential workplace should promote the use of advanced technology while 59 percent claim remote work option is an important...

Aramco tech chief says blue hydrogen production can’t be scaled up before 2030 He believes it works very similar to the LNG industry Production of blue hydrogen cannot be scaled up before 2030, and that it works very similar to the LNG industry. This is the assessment of Aramco’s Chief...

Dubai FDI sought investment from China, India, Australia, Spain, Italy and the US through webinars Investors invested to explore opportunities in sectors such as food & agribusiness, technology and healthcare Dubai FDI invited the investors to seek opportunities in sectors such as food & agribusiness, technology, and healthcare The Dubai...

Biden has called for a unified minimum corporate tax rate of 15% in negotiations with the OECD and the G20 The tax will put more into government coffers battered by the Covid pandemic Finance ministers from wealthy G7 nations are on Saturday expected to announce support for a minimum global...

Concrete can possibly be a source of energy, says researchers Cement has potential to produce enough power to meet energy demand Scientists are looking at ways of making your home and office walls, floor, and ceiling made of cement store energy like a large battery to fulfill the energy demand....

For weeks now, inboxes have been flooded with bizarre ensemble of companies and organizations reminding people of personal data and asking them to agree new terms of services. Enter the new year of data protection: the European Union’s General Data Protection Regulation (GDPR) is now here and will revolutionize how...

By Hugo Angelmar Breaking the conversation in three parts helps people translate their strengths and interests in the tech world. Specifically, it’s important to look at the target customer, the variety of marketing roles and the stage of financing of the company. In fact, it is very essential to focus...

By Hugo Angelmar Breaking the conversation in three parts helps people translate their strengths and interests in the tech world. Specifically, it’s important to look at the target customer, the variety of marketing roles and the stage of financing of the company. Let’s start with the target customer, of which...

Small island nation Bahrain is spearheading its investment in the technology sector in a bid to position itself as a major technology and innovation hub in the region. During the past few months, many new initiatives have been taken by the government to boost the technology domain while some of...

Gulf Cooperation Council (GCC) nation Bahrain is pursuing the path of diversification and has been able to diversify its economy quite efficiently in the last few years. Over the time, Bahrain has been able to cash in on the unexplored potential of sectors like tourism and technology. Owing to its...

Newly discovered oil and gas reserves announced last month by Bahrain open massive economic opportunities for the kingdom at a challenging time in the region. Simon Galpin of the Bahrain Economic Development Board detected an immediate “boost in confidence” both among domestic consumers and would-be foreign investors. Bahrain’s current oil...

Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the fast moving technology and ongoing transformations. How everybody is talking about new innovative concepts that are shaping the transportation sector. Hyperloop is one of the most revolutionary concepts of all....

By Bastian von Beschwitz, Oleg Chuprinin and Massimo Massa A short seller is often thought of as a slick Wall Street trader who doesn’t mind making money as companies lose value and never considers the misery that may be at the other end of a trade. A hard, number-bound person,...

By Ian C. Woodward, Dubai High altitudes hold a special place in the history of human achievement. We remember New Zealander mountaineer Sir Edmund Hillary and Nepalese sherpa Tenzing Norgay as the first climbers to reach the summit of Mount Everest. Other altitude pioneers include Russian cosmonaut Yuri Gagarin, the...

With booming young population hooked to internet and ground-breaking breakthroughs in the areas of Artificial Intelligence and Virtual reality, video gaming industry is certainly expected to come on its own in the Middle east region. Pegged at reaching more than $4 billion by 2022, Middle East and North Africa (MENA)...

Traditional ways of looking at cyber security from a pure IT lens is no longer going to yield desired benefits. TRENDS talks to Raj Mehta, Partner, Deal Advisory, KPMG, on why this calls for an organizational shift in moving the cyber security function to a wider level in the organization....

Businesses are evolving at a rapid pace in the region and with the help of technology many new jobs have been created while adding an element of swiftness in traditional jobs. TRENDS talks to Ghada Elkeissi, Director, Software Engineering & Analytics, GE Digital, Middle East & Africa, about the importance...

While speaking exclusively with TRENDS  at World Economic Forum in Davos, Dr Aisha Bin Bishr, Director General, Smart Dubai Office, says her organization aims to build the happiest city in the world by implementing advanced technologies. What is Smart Dubai all about? We want Dubai to be the happiest city in...

By Gianmario Pisanu In 2015, the Kingdom of Saudi Arabia launched Vision 2030, an ambitious reform plan aimed at diversifying the economy by moving away from oil and encouraging the development of stronger private and public sectors. The plan streamlined and centralized decision-making to ensure better coordination between ministries and...

TRENDS speaks to Mamoun Hmedan, Managing Director for MENA and India, Wego, about the major trends that will rule the tourism sector in 2018 and how technology has changed the way industry works. How has the year 2017 been for the tourism sector? The MENA region stood out for a...

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...

Making industrious efforts toward lessening its dependence on hydrocarbons and diversifying its current economic portfolio, Saudi Arabia is exploring potential joint ventures to establish tech hubs in different pockets of the nation. Working in this direction, Saudi state-owned Aramco, Middle East’s largest oil company, and Alphabet, parent company of US-based...

The Middle East and Africa (MEA) Internet of Things (IoT) market is set to grow 15 percent year on year in 2018, according to a recent update to the Worldwide Semiannual Internet of Things Spending Guide from International Data Corporation (IDC). The global technology research and consulting firm's latest forecast...

Private healthcare in the Gulf Cooperation Council (GCC) region, estimated at $62 billion in 2016, is forecasted to expand 8.7 percent annually, to reach $94 billion in 2021, according to MENA Research Partners (MRP), a leading research company in the region. Saudi Arabia and the UAE together represent more than...