Technology

Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

the financial - 21 February, 2025

RIYADH: Saudi utility giant ACWA Power has strengthened its portfolio by acquiring a $693 million stake in power generation and water desalination companies in...

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

the financial - 21 February, 2025

Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

the financial - 21 February, 2025

On February 28, HP Telecom India will make its debut on the NSE Emerge, while the trading in Swasth Foodtech shares will commence on...

Technology

Garanti BBVA mobile app transforms investment tracking with new features

the financial - 24 December, 2024

Garanti BBVA has significantly enhanced its mobile application, ‘Garanti BBVA Mobile’, streamlining the investment management process for its users. According to Finextra, the app now features...

Technology

UAE authority issues new security update alert for Google Chrome users

the financial - 20 December, 2024

The UAE's Cyber Security Council alerted Google Chrome users of a security update on Thursday. This comes after Google released security updates to address multiple...

Technology

OpenAI releases Sora AI video generator to public

the financial - 10 December, 2024

OpenAI released the latest version of its highly anticipated Sora video generator to the public, stepping into an increasingly crowded field of AI tools...

Technology

Bargains or bait? UAE Black Friday shoppers warned of digital dangers

the financial - 20 November, 2024

According to recent reports, URL detections in the UAE have risen by 36.5 per cent, increasing from an average of 17.05 per cent in...

Technology

Will UAE airlines see one-pilot operation as AI-assisted flying takes off?

the financial - 16 October, 2024

Passenger planes flying with just one pilot could become a reality — given the rapid development of technology, particularly AI or artificial intelligence, a...

Technology

Ahmed bin Saeed opens GITEX GLOBAL 2024 as global tech community descends on Dubai

the financial - 15 October, 2024

DUBAI: H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of...

Technology

AMD unveils new AI, server chips at San Francisco event

the financial - 11 October, 2024

Advanced Micro Devices said it planned to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth...

Technology

Dubai Chamber of Digital Economy discusses ways to boost Emirate’s digital economy

the financial - 5 October, 2024

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has recently hosted the annual meeting of...

Technology

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

the financial - 3 October, 2024

OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as...

Technology

UAE, Saudi eye big investments in AI, semiconductor sectors

the financial - 30 September, 2024

The UAE and Saudi Arabia have big ambitions to expand their technology sectors via investments in semiconductor and AI capabilities, according to technology experts. The...

Technology

Global digital creative economy to reach Dh27 trillion by 2030, study finds

the financial - 27 September, 2024

The global digital creative economy represents an Dh27 trillion opportunity to achieve diversified growth led by young and emerging talent amid the steady proliferation...

Technology

Core42 launches enhanced platform for enterprise inference solutions

the financial - 24 September, 2024

Core42, a G42 company and provider of sovereign cloud and AI infrastructure and services, announced the revamp of Compass Platform, the latest model of...

Technology

AI set to redefine global entertainment industry

the financial - 19 September, 2024

The Token 2049 event in Singapore is brimming with steep anticipation as the ‘Fame King’ Sheeraz Hasan reveals his vision for the entertainment industry....

Technology

Apple shares slide nearly 3%

the financial - 18 September, 2024

Shares of Apple fell nearly 3 per cent on Monday after several analysts said that delivery times for the new iPhone 16 Pro models...

Technology

AI experts ready ‘Humanity’s Last Exam’ to stump powerful tech

the financial - 17 September, 2024

A team of technology experts issued a global call on Monday seeking the toughest questions to pose to artificial intelligence systems, which increasingly have...

Technology

Swiss unveil supercomputer Alps, with eye on AI

the financial - 16 September, 2024

Switzerland on Saturday inaugurated its new supercomputer called Alps -- one of the world's fastest -- which it hopes will help place the country...

Technology

Adobe to launch generative AI video creation tool later this year

the financial - 12 September, 2024

Adobe will unveil a new generative AI-powered video creation and editing tool in a limited release later this year, the software maker said on...

Technology

Abu Dhabi’s AI sector booms with 41.3% annual surge in new companies

the financial - 11 September, 2024

The Abu Dhabi Chamber of Commerce and Industry registered over 400 AI companies in Abu Dhabi by the end of the second quarter of...

Technology

Saudi workers use AI more than global peers

the financial - 9 September, 2024

In Saudi Arabia, some 68 per cent of workers use generative AI weekly compared to only 55 per cent globally, a recent survey by...

Technology

Private sector AI investment poised to boost UAE GDP by Dh335b

the financial - 6 September, 2024

Private sector investment in Artificial Intelligence (AI) is expected to boost the UAE’s economy, adding an extra Dh335 billion by 2031, according to industry...