Details of the deal were outlined by bosses at the US tech giant and by Australia's prime minister, Anthony Albanese, who is on a four-day official visit to the United States. It represents Microsoft's largest investment in Australia in its 40-year history in the country, the company said in a...

From the metaverse allowing virtual experiences to the use of AI in training, Jamaica is at the forefront of integrating technology into its tourism sector, the minister tells TRENDS.

RIYADH, SAUDI ARABIA – A total of 52 memorandums of understanding (MoUs) were signed at the Saudi-Korean Investment Forum here. The MoUs were signed by both government and private entities. Government agencies signed four MoUs with the private sector in areas such as real estate development, automotive, and water. President...

Riyadh, Saudi Arabia--The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have signed a joint-venture agreement to establish an automated vehicle manufacturing plant in Saudi Arabia. PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Hyundai will also act as a...

External shocks, such as COVID, Ukraine war and rising costs have exacerbated economic disparities, while geopolitics hinders effective global decision-making, says an expert.

The emirate's pro-business policies, dedicated trade zones, and emphasis on tech innovation position it as a premier financial hub, George Pavel of Capex.com tells TRENDS in an interview.

GITEX, Dubai's premier tech event, kicks off its 43rd "Technology Week" at the Dubai World Trade Center, spotlighting the latest innovations, trends, and tech breakthroughs.

The emirate has transformed into a hub of entrepreneurship and ingenuity over the years. Renowned for its ambitious vision and relentless drive for excellence, the city epitomizes the boundless opportunities available for those with a pioneering mindset and a passion for innovation.

“Achieving success in this area will benefit everyone and align with the goals of the Paris Climate Agreement,” he adds while attending the ministerial panel titled "Advancing Inclusivity and Circularity for Just and Equitable Energy Transitions" during the inaugural day of the Middle East and North Africa Climate Week 2023.

Experts from Clemson University in South Carolina and several NGOs published research last month on their work using AI-enabled cameras that they say could help revolutionize tiger conservation. They placed tiny devices around enclosures in the two South Asian nations, both to protect villagers from the predators -- and the...

Last week, the Islamic republic said it had successfully launched the Noor-3 imaging satellite by its three-stage Qassed rocket, in the latest display of its aerospace technology. Western nations have been warning against such activity, saying the same technology can be used for ballistic missiles including ones designed to carry...

The company launched AI-infused chatbots with personalities at the gathering, along with tools for creating images or written content using spoken prompts. It has been seen as lagging rivals like Microsoft and Google, which have pushed out generative AI products and invested heavily in the technology seen as a force...

TEL AVIV, ISRAEL - Israel's US$3.5-billion sale of its Arrow 3 missile defense system to Germany, sparked by security fears after Russia's Ukraine invasion, is the biggest yet for the small country's outsized arms sector. With its armed forces steeled by a tragic history of war, Israel is now the ninth...

The estimated worth for the company behind generative artificial intelligence platform ChatGPT is nearly triple that of just a year ago, according to the report in the financial daily citing unnamed people familiar with the discussions. Microsoft has invested billions of dollars in OpenAI, kicking off an AI race among...

The auto giant announced in February the project in Marshall, Michigan as a way to diversify its battery profile away from its current exclusive use of nickel cobalt manganese (NCM), which are costly to produce because of raw material scarcity. Ford said it would work with a Chinese company to...

At this year's technology summit in the United States, which spotlights economic diversification through the strategic use of energy-generated wealth, he emphasizes Qatar's distinctive approach in leveraging wealth and investment for job creation and economic progress.

Its investment will heat up the race for dominance in AI.

It expects to fulfill growth plan through the partnerships.

Microsoft has bet big on AI, notably with a $10-billion envelope dedicated to its partnership with OpenAI, and is now trying to monetize this technology by integrating it into its products. The Redmond, Washington-based group also announced on Thursday that the Bing bot was now able to draw on previous...

The pact will help manufacture vaccines in Saudi Arabia.

Benjamin Netanyahu announced his meeting with Elon Musk through a post and told that they will discuss artificial intelligence. The tech billionaire launched his own artificial intelligence company, xAI, in July as he seeks to compete with ChatGPT's creator OpenAI.

Dubai, UAE-- Emirates Health Services will employ AI technology in the application of patient room monitoring system to further enhance the standards of healthcare services that align with the strategic priorities and goals of the government and EHS. In this connection, Dr. Mohammad Salim Al Olama, Chairman of the Board...

RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated in the Broadband Commission for Sustainable Development annual meeting in New York. The meeting was held on the sidelines of the 78th session of the United Nations General Assembly. The...

Tehran, Iran-- Iran and Cuba are looking to to set up a joint technology and innovation center to promote cooperation between the two countries’ technological companies. In a meeting held in Havana on Friday, Iran’s Vice-President for Science and Technology Ruhollah Dehqani and Cuba’s Minister of Science, Technology and Environment...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has adopted Microsoft Power Platform and its AI-powered tool Copilot to build smart programs and applications to support its operations. The move is part of DEWA’s efforts to utilise the latest global technologies in all areas and benefit from the capabilities of generative...

Hong Kong - The Saudi Arabia-China Entrepreneurs Association (SCEA) has signed a Memorandum of Understanding (MoU) with the Hong Kong Trade Development Council (HKTDC). The agreement was signed during the eighth Belt and Road Summit, a two-day event themed "Ten Years of Cooperation for Mutual Benefit," which saw participation from...

For several years firefighters have used a network of more than 1,000 cameras to monitor possible fire hotspots. Since the end of June, the ALERTCalifornia system has had AI computers "watching" these feeds, and flagging to human operators when they see wisps of smoke that could be a fire --...

AJMAN, UAE- The Ajman Chamber of Commerce and Industry (ACCI) has revealed that in the first half of 2023, at least 3,567 new members joined it.   The growth pace of the industrial sector in Ajman is accelerating as a result of the leadership's interest in the field, the availability...

RIYADH, SAUDI ARABIA:   The supervisor of the Kingdom's first social network Jaco - Saudi entrepreneur Fahd Al-Shidi announced that the team is working to reach five million users soon. He added that Jaco's attraction of over one million users in the coming two months from other networks, including well-known names,...

Riyadh, Saudi Arabia -- The Saudi Heritage Commission announced on Monday the nomination of 50,000 urban heritage assets across the Kingdom of Saudi Arabia for registration. This process is being carried out in close coordination with various stakeholders, following the Antiquities and Urban Heritage regulations.  ]The Commission has outlined its...

Jeddah, Saudi Arabia--Saudi Arabia’s Crown Prince Mohammed bin Salman has announced the establishment of Global Water Organization in order to safeguard water resources, the Saudi Press Agency (SPA) reported on Monday. The newly formed organization will have its headquarters in Riyadh and is set to play a pivotal role in...

The study showed a correlation between the size of a company and the risk of cyberattacks. Based on a survey of 400 board members from both larger, listed companies and small and medium enterprises (SMEs), the study found that only 18 percent of firms with under 50 employees had faced...

The planet's 8,000 or so data centers are the foundation of our online existence, and will grow ever further with the advent of artificial intelligence -- so much so that research estimates that by 2025, the IT industry could use 20 percent of all electricity produced, and emit up to 5.5...

The two countries signed a memorandum of understanding (MoU to boost mining cooperation in critical minerals needed in new technologies like electric vehicles and solar panels. The Turkish and Saudi ministers also discussed deepening partnership in areas such as hydrogen, solar and wind energy, besides seeking to widen trade between...

Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024.

Dubai, UAE - Dubai International Chamber hosted a B2B event during the Wuxi – Dubai Economic & Trade Exchange Conference to explore business and investment opportunities between Dubai and Wuxi City. The event was organized in partnership with the Wuxi Municipal Government and Wuxi National High-Tech Industrial Development Zone. It...

Geneva, Switzerland -- Generative Artificial Intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather than taking over a role entirely, a new study from the International Labour Organization (ILO) has found. The study, "Generative AI and Jobs: A global analysis of potential effects on...

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board of Trustees, launched on Sunday a new strategy of the university. The strategy aims to transform research into economically productive innovations by focusing on the national priorities for research, development,...

Riyadh, Saudi Arabia--The Communications, Space and Technology Commission (CST) has urged the public to provide their views on its space use plan for frequency spectrum, aiming at enabling space radio services, studying the most critical trends and needs of manufacturers, operators and users. Besides it will ensure optimal use of...

Saudi Arabia’s real estate sector is evolving with new regulations, creating fresh job opportunities. The latest initiatives seek to enhance the sector’s GDP contribution while fostering job and investment prospects.

Abu Dhabi, UAE-- In a boost to the UAE's effort to secure self-sufficiency in the food sector, ADQ has partnered with Safe Haven Solutions, a Netherlands-based climate-smart agriculture solution provider, to construct a high-tech greenhouse at ADQ’s AgTech Park in KEZAD. The automated 10-hectare facility will leverage advanced agricultural technology...

Ain Dubai (Dubai Eye) was designed as a tourist-luring landmark in the United Arab Emirates' glam-hub, which is home to the world's tallest building. But now it stands idle for undisclosed reasons, its light fixtures the only parts still working. It was to close for a month, but its reopening...

ABU DHABI, UAE - Key UAE government entities have partnered to boost coordination between advanced technology and space sectors. The collaboration is aimed at harnessing emerging technological innovations and developments to tackle global climate change.   The Ministry of Industry and Advanced Technology (MoIAT), UAE Space Agency, and COP28, through...

Apple views AI as integral to its growth.

Acquisition aims to diversify and expand into several sectors.

LONDON —Strategically important power and water projects controlled by GCC governments or government-related entities (GRE), are benefitting from the support and lower risks, according to the latest report by Fitch Ratings. GCC governments typically play multiple roles in power and water desalination projects, often controlling project companies with minority stakes...

Revenue jumped $12.3 billion to $36.9 billion.

Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies. The MoU was signed in Malaysia by Abdulla Zayed, Masdar’s Head of Development and...

The Abu Dhabi firm will push for growth in the defense sector.

Tech titans announced better-than-expected earnings.