• CES2024 pet tech: Throw a dog a bone – or an AI collar

    Las Vegas, United States - They don't own smartphones and can't go online, but that doesn't prevent them from being connected: Pets are benefitting from a slew of animal-oriented technology at this year's Consumer Electronics Show in Las Vegas. How's Fido feeling? Tracking your dog's steps, detecting its heart problems, knowing...
  • Alumicor to set up base in Bahrain

    It will help the kingdom in the processing of aluminum.
  • AI breathes new life into old trends at CES gathering

    Models on which AI is built have improved dramatically since last CES and the debut of OpenAI's ChatGPT, and they are being applied in meaningful ways for consumers, according to Greengart. "There is little doubt that the tech ecosystem gathering in Las Vegas will focus on AI everywhere and on-device...
  • Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’

    DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered assistant harnessing GPT capabilities through the azure open AI service. This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced...
  • Over 12m people visit Riyadh Season in 60 days

    RIYADH, SAUDI ARABIA - Two months after their launch, on October 11, 2023, Riyadh Season events had already attracted 12 million visitors.Chairman of the Board of Directors of the General Entertainment Authority (GEA) Turki bin Abdulmohsen Al Al-Sheikh said in a tweet that the success of the event is due...
  • GCC Commercial Arbitration Centre to use AI in its operations

    Manama, Bahrain-- The GCC Commercial Arbitration Centre has started to harness AI techniques, according to its secretary general, Dr. Kamal bin Abdullah Al Hamad. The initiative aims to enhance international commercial arbitration processes, aligning with the national visions of the Gulf Cooperation Council countries. It is in harmony with the...
  • Google agrees to settle $5bn data privacy breach lawsuit

    Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked the data of users who thought they were browsing privately. In a court filing, the judge confirmed that lawyers for Google reached a preliminary agreement to settle the class action...
  • Huawei says expects higher revenue

    The company is leading equipment manufacturer for 5G.
  • New York Times sues OpenAI, Microsoft in copyright clash

    Through their AI chatbots, the companies "seek to free-ride on The Times' massive investment in its journalism by using it to build substitutive products without permission or payment," the lawsuit said. With the suit, The New York Times chose a more confrontational approach to the sudden rise of AI chatbots,...
  • Oman year-on-year growth rate touches 15.4 percent

    Muscat, Oman - Oman's achieved a 15.4% year-on-year sector growth, as reported by the National Center for Statistics and Information (NCSI). The growth revolves around a rapidly evolving landscape, propelled by strategic investments and diversification endeavors. Maritime freight was at the forefront, commanding a significant 54.8 percent share of all...
  • Artists utilize technology against AI copycats

    NEW YORK, US - Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed with university researchers to stymy such copycat activity. US illustrator Paloma McClain went into defense mode after learning that several AI models had been "trained" using her art, with no...
  • 79% UAE employees think digital skills crucial for success

    Dubai, UAE – About 79 percent of UAE employees believe digital skills are crucial for business success, and 84 percent feel that new technologies are empowering them to reach their potential, according to a latest ServiceNow survey .  The survey, which included over 5,500 working adults from the UAE, France,...
  • Red Sea Global, VAARST join hands for marine ecosystem mapping

    TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations, is piloting SubSLAM, an advanced photogrammetry technology developed by VAARST, a leader in marine robotics. This technology is being used to produce high-resolution, 3D digital representations of Al Wajh Lagoon's coral reefs and vital...
  • ADQ and Azerbaijan’s AIH set up joint-investment platform

    Abu Dhabi, UAE--ADQ, an Abu Dhabi-based investment and holding company, and Azerbaijan Investment Holding (AIH), a strategic sovereign wealth fund located in Baku, have announced the formation of a joint venture with the aim of investing in sectors of mutual priority and interest, such as agriculture, technology, pharmaceuticals and energy...
  • Storm-1152: Vietnam-based creator of fake Microsoft accounts

    Seoul, South Korea - Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to cybercriminals who used them for ransomware attacks, identity theft and other scams around the world. The group, identified by Microsoft as Storm-1152, developed sophisticated tools to defeat the US tech giant's...
  • NEOM unveils Utamo, a $500bn project to showcase world’s mega artists

    NEOM, Saudi Arabia - Saudi Arabia's $500 billion mega project, has introduced Utamo, a new art and entertainment destination set to host performances by global mega artists. Described by NEOM as "an innovative and multipurpose event and performance space," Utamo features VIP lounges and signature restaurants, aiming to become one...
  • China, Saudi Arabia sign 60 pacts worth $25bn at Beijing conference

    Beijing, China - China and Saudi Arabia signed over 60 MoUs and agreements worth over $25 billion at the investment conference in Beijing. The conference was attended by more than 1,000 government and business leaders. Agreements were signed in key sectors including energy, agriculture, tourism, mining, financial services, logistics, infrastructure,...
  • Expo City Dubai and Japan’s UMI sign MoU to support startups

    Dubai, UAE--Expo City Dubai and Universal Materials Incubator (UMI), a Japanese venture capital firm, have teamed up to identify and support groundbreaking startups, particularly those in the technology and sustainability sectors, establishing an incubation and accelerator programme that will nurture innovators and provide mentorship, resources and workspace. The two parties...
  • First Movers Coalition emerges as top advocate of climate-friendly technologies

    Dubai, UAE-- Since its launch two years ago, the First Movers Coalition (FMC) has become the world's largest private sector demand signal for emerging climate technologies. Its members have moved from commitment to action: signing offtake agreements, driving demand for low carbon products to global decarbonization initiatives, and collaborating with...
  • EU seeks agreement on world’s first AI law

    European Commission, the EU's executive arm, first proposed an AI law in 2021 that would regulate systems based on the level of risk they posed. For example, the greater the risk to citizens' rights or health, the greater the systems' obligations. Negotiations on the final legal text began in June,...
  • Arab Coordination Group allots US$10bn to support energy transition

    Dubai, UAE--The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced at COP28 an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a...
  • ADQ and Qazaqstan Investment Corporation set up ‘investment platform’

    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...
  • UAE’s ENEC signs MoU with TerraPower for nuclear-technology development

    Dubai, UAE--The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding with TerraPower, an American nuclear innovation company, to collaborate in various areas of technological development. The MoU was signed during COP28 by Ahmed Al Mazroui, Nuclear Research and Development Vice President of ENEC, and Chris Levesque, President...
  • WhatsApp update allows posting status updates via Instagram

    Washington, United States -- The instant messaging platform WhatsApp launched a new update that includes an optional feature that allows users to post status updates via Instagram, as this feature will be available in a future update to the application through its beta program within the Google Play Store. During...
  • Tech-empowered shoppers drive Saudi consumer behavior: PwC

    Riyadh, Saudi Arabia -- Saudi Arabian consumers are navigating the market with heightened awareness, becoming better-informed buyers, according to the PwC's latest Middle East Pulse report, a segment of its comprehensive Global Consumer Insights Survey. Emergence of Informed Buyers The survey underscores a notable shift in consumer behavior as Saudi...
  • Tech titan Microsoft wins observer seat at OpenAI

    SAN FRANCISCO, US - Microsoft, the tech titan that has invested billions of dollars in ChatGPT creator OpenAI, has been given a seat on the startup's board. The nomination was shared in a memo to OpenAI staff on Wednesday that was later posted to the company's blog and included a list...
  • 58% of firms in Saudi Arabia plan to outsource cybersecurity

    RIYADH, SAUDI ARABIA - Company bosses are boosting their cybersecurity following an alarming increase in cyberattacks, a new study commissioned by Kaspersky has found. The data shows that 71 percent of companies in Saudi Arabia suffered at least one cyber incident over the last two years. One of the main...
  • EDGE signs MoU with MBRSC

    The pact sets up a framework for knowledge, data sharing
  • Solutions+, EIH sign MoU

    The pact will help in creating job opportunities in the UAE.
  • EGA begins work on pilot plant to convert bauxite residue into manufactured soil

    ABU DHABI, UAE – Emirates Global Aluminum (EGA) on Thursday announced the construction of a pilot plant to convert bauxite residue, a waste stream from alumina refining, into manufactured soil. The pilot plant is considered to be the first-of-its-kind in the world. Construction follows five years of scientific research development...
  • Northvolt says it develops new sodium-ion battery

    Stockholm, Sweden - Battery group Northvolt said on Tuesday it had developed a new sodium-ion battery, a technology using less critical minerals which could lessen dependence on China. "The world has put high hopes on sodium-ion, and I'm very pleased to say that we've developed a technology that will enable its...
  • ADNOC and Santos sign agreement to build joint platform for net-zero goals

    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...
  • Siemens posts record profit

    Its shares rose over 6 percent on the Frankfurt Stock Exchange.
  • The AI of war: computers and autonomous killing

    Observers say Beijing is massively investing in AI, to the point where it may soon be able to change the balance of power in the Asia-Pacific, and perhaps beyond. And that has profound implications for a world order that has long been dominated by the United States.
  • Bahrain and Russia look to boost economic cooperation

    Manama, Bahrain-- Bahrain and Russia have held discussions to enhance cooperation in various fields of the two countries' economies. In this regard, Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs, met Roman Panov, the President of the Russian GEOTEK company, a...
  • Apple to allow applications to be downloaded outside app store

    Washington, United States - The American company Apple intends to provide the possibility of downloading applications from outside its official App Store in line with the new laws established by the European Union (EU), and will begin during the first half of 2024. The company's customers will not have to...
  • Dubai witnesses green transit revolution

    Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance the city's resilience.
  • Japan to invest $13 billion on semiconductors and generative AI

    Tokyo, Japan - Japan's government said on Friday that it plans to spend 2 trillion yen ($13 billion) to boost domestic production of strategically important semiconductors and generative AI technology. The planned outlays will include 700 billion yen ($4.6 billion) to support the construction of a Taiwan Semiconductor Manufacturing Company (TSMC)...
  • OpenAI sees a future of AI ‘superpowers on demand’

    Dreams of the benefits of generative AI -- along with fears of the technology's risks -- have been hot topics in the tech world since ChatGPT made its blockbuster debut a year ago. More than 2 million developers are building on the OpenAI platform, while more than 100 million people...
  • 81% UAE companies plan to use AI for cybersecurity

    AI has emerged as a transformative force in various sectors, revolutionizing how businesses operate, make decisions, and secure their assets, says a study.
  • Elon Musk’s xAI to release first AI model to ‘select group’

    WASHINGTON, US - Elon Musk said his new artificial intelligence company would release a new AI model on Saturday to a "select group" of users as he looks to rival industry leaders OpenAI and Google. The release would be the first from Musk's new startup, xAI, that he launched in July...
  • stc, Microsoft to collaborate

    The aim is to advance digitalization in Saudi Arabia.
  • Intrinsic values, futuristic strategies elevate Dubai

    Dubai's evolution from a simple fishing village to a premier global tourist hub is credited to its innate advantages, deliberate investments, and cohesive destination development.
  • Saudi Ministry of Investment and Agility sign MoU to boost healthcare sector

    Riyadh, Saudi Arabia-- Saudi Arabia and Agility have signed a memorandum of understanding (MoU) to introduce cutting-edge health technology and services to the kingdom's healthcare sector. As per the terms of the agreement, Agility and MISA will explore four areas of collaboration in the healthcare sector. This includes the potential...
  • Hamriyah Freezone and Amazon UAE sign lease agreement for new logistics center

    Sharjah, UAE--Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics centre which will enhance delivery services for customers in the Northern Emirates. In line with HFZA's vision to bolster economic growth and innovation in the region, the agreement supports Amazon UAE’s commitment to...
  • Technology is a catalyst for recycling industry: Expert

    By understanding and increasing recycling, we can offset the environmental effects of using new, virgin materials, Pranshu Singhal, founder of Karo Sambhav, tells TRENDS.
  • Intel beats earnings expectations

    Net income of US chip giant tallied $300 million.
  • Apple Watch models face US import ban in patent clash

    Apple has been steadily ramping up fitness and health features with each generation of Apple Watch, which market trackers say dominates the smartwatch category. "Our teams work tirelessly to create products and services that empower users with industry-leading health, wellness and safety features," Apple said in response to an AFP...
  • FII7 sees $17.9 billion in investments, summit on AI

    Riyadh, Saudi Arabia – The three day 7th edition of the Future Investment Initiative (FII7)  which ended on October 24 saw $17.9 billion in investments across multiple sectors. FII7 focused on the latest trends in technology and investment, delving into areas such as space and aviation, biotechnology, cybersecurity, robotics, venture...
  • RCU inks pact with Artefact, Dassault Systèmes for AI, digital solutions

    ALULA, SAUDI ARABIA –   The Royal Commission for AlUla (RCU) has reinforced its commitment to technology innovation and cutting-edge digital solutions by signing two new agreements with global tech leaders Artefact and Dassault Systèmes. Announced at the seventh annual Future Investment Initiative in Riyadh, the agreements are focused on the...