INSEAD Day 4 - 728x90

Technology

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • The Gulf combines an interrelated web of business habitats and tech infrastructure to create rapid, policy-driven media and knowledge hubs that attract talent and investment, writes Hadi Khatib.
  • DEWA, Xanadu partner to develop ‘efficient, reliable’ energy systems

    Dubai, UAE— Dubai Electricity and Water Authority (DEWA) and Xanadu, a Canadian quantum computing company, are considering strategic cooperation in order to develop solutions for enhancing the reliability of energy systems. In this regard, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), met with...
  • Google, Microsoft rake in large Q1 profits amid escalating AI rivalry

    Google found itself under pressure due to a general slowdown in advertising spending, over-hiring during a Covid-era boom and a major challenge by Microsoft on artificial intelligence. Most market attention was on Google, which became a focus of worry when Microsoft-backed ChatGPT was released and quickly went viral late last...
  • Russian tech company Sber launches GPTChat rival Gigachat

    The state company said in a statement on its website that it was "launching its own version" of a chatbot, which will be called GigaChat -- a first for Russia. The Russian-language app is now only available by invitation in test mode.
  • UAE leads as infrastructure, technology investments boost logistics performance of GCC countries

    The sector across the region, however, needs further improvements in timeliness and tracking and tracing systems, highlights the World Bank's latest Logistics Performance Index.
  • UK aviation warns green shift to slow demand growth

    Sustainable Aviation urged the UK government to take "urgent" action to support investment in carbon-cutting innovations, pointing to the provision of significant US and EU subsidies and incentives. According to Monday's report, SAF could provide three-quarters of UK jet fuel by 2050.
  • EU privacy watchdog sets up ChatGPT task force

    The European Union's central data regulator said it was forming a task force to help countries deal with AI chatbot ChatGPT, ramping up the pressure on its US maker OpenAI. Italy temporarily banned the program over allegations its data-gathering broke privacy laws, and France's regulator said it had opened a...
  • NASA unveils ‘Mars’ habitat for year-long experiments on Earth

    The volunteers will live inside a 1,700 square-foot (160 square-meter) home for one year, dubbed "Mars Dune Alpha," which includes two bathrooms, a vertical farm to grow salad, a room dedicated to medical care, an area for relaxing and several workstations. Researchers will regularly test the crew's response to stressful...
  • A blueprint for business success in the Middle East

    Successful business leadership requires that we innovate and embrace change. This means a commitment to seek paths untrodden, embracing new technologies, willingness to take risks, experimenting with new ideas and strategies, and focusing on creating sustainable, long-term growth, he adds.
  • Iran police to deploy ‘smart’ technology to nab unveiled women

    Tehran, Iran--Police in Iran said on Saturday they plan to use "smart" technology in public places to identify and then penalise women who violate the country's strict Islamic dress code. A statement said the force would "take action to identify norm-breaking people by using tools and smart cameras in public places...
  • Young Libyans take to e-gaming in a big way as tech revolution sweeps the region

    Tripoli's mushrooming arcades have driven rapid growth in Libya's nascent gaming community, Mattouss says. The increasingly organized community is "motivating players and pushing other young people without experience to start training". He predicts that the sector will continue developing quickly.
  • Fans wait to see if Apple joins quest for the metaverse

    All eyes are on whether Apple will commit to releasing long-rumored VR or augmented reality (AR) "goggles" at its annual Worldwide Developers Conference in June, with programmers and software companies eager to get a jump start on providing content. Apple chief Tim Cook fueled the speculation this week in a...
  • Arab women embrace technology, innovation

    Initiatives such as STEM and Women in Tech are crucial in bridging the gender gap and empowering women to drive innovation, adds Noha Kadry, Regional Program Manager at Red Hat Academy.
  • DEWA, Siemens discusses enhancing cooperation

    DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer discussed the latest advancements in smart grid technology with CEO of Grid Software at Siemens Sabine Erlinghagen. The meeting was attended by senior officials from DEWA and Siemens. The two sides discussed the latest...
  • Japan plans export control measures for chip equipment

    TOKYO, JAPAN -  Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for countries to restrict Chinese access to the technology. The move was immediately slammed by Beijing, which warned against moves that "politicize, instrumentalize and weaponize" trade. It comes as Tokyo confirmed...
  • Saudi Arabia presides over CSTD session to advance science, technology

    Riyadh, Saudi Arabia--Saudi Arabia has presided over the 26th session of the Commission on Science and Technology for Development (CSTD) of the United Nations Economic and Social Council (ECOSOC). The kingdom was represented by the Director General of International Affairs at the Communications, Space, and Technology Commission, Eng. Mansour Al-Qurashi,...
  • UAE launches National Genome Strategy for healthcare efficiency

    Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial intelligence, advanced medical care, pharmaceuticals, and research and technology.
  • Vertical farming project launched in Abu Dhabi

    Abu Dhabi, UAE--ADQ has launched a vertical farming project in partnership with ZERO, a technology company based in Italy. Dubbed as the ZERO project, it is the first of several controlled environment agricultural concepts that will be housed in the AgTech Park and will aim to enhance indoor farming locally,...
  • Chip war and censorship hobble Chinese tech giants in chatbot race

    A flurry of Chinese companies including Alibaba, JD.com, Netease and TikTok-parent Bytedance have rushed to develop services that can mimic human speech since San Francisco-based OpenAI launched ChatGPT in November, sparking a gold rush in the market.Google on Tuesday invited people in the United States and Britain to test its...
  • Google launches Bard, the ChatGPT rival in US and UK

    Bard, ChatGPT and other similar artificial intelligence apps churn out essays, poems or computing code on command and have taken the world by storm as the biggest new thing in tech since the advent of the iPhone. Google has so far proceeded more carefully in its rollout of generative AI...
  • ESG investment, COP28 drive GCC sustainability bid

    As the effects of climate change intensify each year, there is an urgent need to transform multiple industries to meet sustainable development targets, avoid greenwashing, and create transparent and pragmatic resolutions, adds Hitchen, suggesting the plan of action for the region.
  • Japan PM arrives in India to widen trade, technology ties

    New Delhi, India--Japanese Prime Minister Fumio Kishida arrived in India on Monday for talks expected to focus on deepening trade and technology ties as well as shared concern about China. India and Japan along with the United States and Australia make up the Quad alliance, which positions itself as a bulwark...
  • China third-largest investor in UAE, its top trading partner

    The mutual investments between the two countries are witnessing continuous growth in various economic and commercial sectors, most notably real estate, logistical transportation, storage, financial services, insurance activities, manufacturing and information technology.
  • Dubai’s tech sector gains greater popularity

    Dubai boasts a thriving community of startup incubators and accelerators, as well as regulatory sandbox schemes for the development and testing of new tech business models.
  • UAE, Serbia discuss cooperation in R&D, innovation

    BELGRADE, SERBIA - UAE Minister of State for Public Education and Advanced Technology  Sarah Al Amiri discussed cooperation in research and development (R&D), advanced technology, sustainability, food technology with the Serbian government. Al Amiri, in her visit to Serbia, discussed developing tools to finance research, innovation, energy transition and developing...
  • As AI shakes up world, media industry may not be immune to changes

    French journalists Jean Rognetta and Maurice de Rambuteau published a newsletter called "Qant" written and illustrated using AI tools. The authors found that they needed to intervene constantly to keep the process on track, so while the programs helped save some time, they were not yet fit to replace real...
  • Conflict may get us before climate, warns Professor Rangan

    A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Prof Subramanian Rangan of INSEAD tells TRENDS.
  • UAE to invest $30bn in South Korea over the next few years

    Abu Dhabi, UAE  – The United Arab Emirates will invest $30 billion in South Korea over the next few years, Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade said during the meeting with Minister of Trade of Korea, Dukgeun Ahn in Dubai on Wednesday.  The meeting explored joint...
  • In troubled Libya, young robotics fans see hope in hi-tech

    Libya has seen more than a decade of stop-start conflict since a 2011 NATO-backed revolt toppled strongman Moamer Kadhafi, with myriad rival militias, foreign powers and multiple governments vying for influence. The country remains split between a supposedly interim government in the western capital, Tripoli, and another in the east...
  • Overuse of technology may lead to polarization: Expert

    Technology, however, can be a powerful tool to deal with global challenges such as climate change, poverty, and inequality, says MIT's Senseable City Lab director Carlo Ratti.
  • First fully Bahrain satellite to be  named ‘Al Munther’

    Manama, Bahrain -- The first fully Bahraini satellite will be named “Al Munther”, Bahrain News Agency (BNA) reported on Sunday, quoting  Shaikh Nasser bin Hamad Al Khalifa, National Security Advisor, Royal Guard Commander and the Secretary General of the Supreme Defence Council.   Shaikh Nasser  also unveiled the official logo of...
  • etisalat by e& announces first 5G satellite communications in UAE

    ABU DHABI, UAE - etisalat by e& announced on Saturday the implementation of the Eutelsat Quantum satellite solution, becoming the first telecommunications company in UAE to expand 5G network capabilities over a software-defined satellite. This will give customers access to high speeds, enhanced coverage and scalability to meet future demands...
  • Tech industry careers are getting gender neutral

    Women should stop thinking that they are different from men at workplaces. Instead, they should start investing in their careers like men and expect the same level of success! Only when women themselves take a gender-agnostic approach towards their careers, will the world change and make equity the norm, she...
  • Unequal pay checks plague GCC workplaces

    Businesses in the region need to embed diversity strategies by setting diversity KPIs to ensure fair assessments for women and reinforcing supportive workplace culture whill also help acheive the goal, she advises.
  • GCC sees rise in tech jobs despite drop in PC sales

    Technology remained GCC's most active industry sector in terms of hiring, with 77 percent of organizations increasing their headcount last year, latest reports point out.
  • China’s students use ChatGPT for homework, learning English

    Students are also using ChatGPT to bypass China's lucrative English language test prep industry, in which applicants learn thousands of words by rote with expensive tutors ahead of the exams needed to enter colleges in the United States, United Kingdom or Australia. "I didn't want to memorise word lists or...
  • White House endorses bipartisan bill empowering US to ban TikTok

    The Senate bill and the backing of the White House accelerated the political momentum against TikTok, which is also the target of a separate piece of legislation in the US House of Representatives.
  • Dubai Land Department launches new feature to streamline procedure

    DUBAI, UAE - The Dubai Land Department (DLD) has launched the Instant Sale feature, which utilizes smart evaluation technology in real estate transactions without the need for audits. This move is in line with DLD's efforts to enhance the use of innovative solutions and achieve the goal of the Dubai...
  • ‘UAE’s economy sees fastest growth in over a decade’

    The UAE has utilized advanced technologies to develop capacities and meet the growing demand in these sectors. Additionally, the country aims to adopt a new and more open development model in line with the leadership's future vision and the UAE Centennial 2071, the minister adds.
  • Despite hurdles, women entrepreneurs thrive in MENA tech sector

    As the governments and private organizations in the region are taking measures to encourage and support women entrepreneurs in the tech industry, their prospects across the setor are improving, and there is a growing sense of optimism that more women will continue to break through the glass ceiling in this...
  • Trade leadership helps UAE emerge as a soft power

    “Trade has had an indelible impact on our soft power. Located at a strategic global crossroads, the UAE is one of the world’s most connected countries and acts as a vital bridge for many nation’s products on key East-West, North-South trade routes. This role is reflected in the value of...
  • Some sectors may benefit more than others as more GCC companies turn to metaverse to boost business

    Industries in the region may use metaverse interchangeably. However, there is no specific way to know which sector will benefit the most from the latest technology, says an expert.
  • Aramco, Renault, Geely ink deal

    The new firm will focus on internal combustion.
  • Moroccan activists join WhatsApp suit over Pegasus spyware

    Claiming that they were "victims of illegal intrusion into their phones by Pegasus software", they said they are planning to file a joint complaint under a case brought by messaging service WhatsApp, which accuses NSO of allowing mass espionage against activists and journalists. "These practices must stop immediately," lawyer Fouad...
  • UAE records fastest growth rate in 10 years, says economy minister

    Abu Dhabi, UAE - UAE's Minister of Economy Abdullah bin Touq Al Marri said Wednesday that in 2022, the UAE economy recorded its fastest growth rate in over a decade despite the global economic slowdown, with the first half of 2022 witnessing unprecedented growth of nearly 8.5 percent. The country's...
  • DP World, Caspian Containers Company partner to help digitise international trade

    The SeaRates platform will enable Caspian Containers Company customers to monitor the status and movement details of a container at any point during its journey.
  • DEWA CEO discusses bilateral cooperation with Emerson

    DUBAI,  UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA)  Saeed Mohammed Al Tayer received a high-level delegation from Emerson headed by Lal Karsanbhai, President and CEO. Emerson is a global leader in technology, software, and engineering. The visiting delegation included Michael Train, Chief Sustainability Officer, Emerson;...
  • ChatGPT sets off AI ‘gold rush’ in Silicon Valley

    Artificial intelligence (AI) has been increasingly present in everyday life for decades, but the November launch of the conversational robot from start-up OpenAI marked a turning point in its perception by the general public and investors. Since its discrete release in late November, ChatGPT has become one of the fastest...
  • New mechanisms to boost international cooperation in a multipower world, says WEF President Klaus Schwab

    Regarding structural transformations to be witnessed in various vital economic sectors, Schwab says there will be about 10 billion people in need of energy by 2050. He stresses on the need to achieve the goals of the Paris Agreement and reach zero carbon emissions.
  • Israeli company deploys robots to speed up online shopping

    In the south Tel Aviv headquarters of 1MRobotics, young men and women -- nearly all of them graduates of the Israeli army's robotics and technological units -- were customizing off-the-shelf robots. Combined with artificial intelligence, these robots are designed to carefully grasp and pack fruit and vegetables, as well as...
  • Dubai’s Urban Plan 2040 ‘a pathway to wellbeing’

    The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations. "It also aims to enhance investment opportunities by increasing the area of economic activities to 168 sq km, widening the area of hotel and tourism activities to 134% to attract...