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

ADNOC’s more than 30 AI tools unlock significant value across Group’s full value chain: Ibrahim Al-Zubi

the financial - 3 July, 2024

Ibrahim Al-Zubi, Group Chief Sustainability & ESG Officer at ADNOC Group, said that ADNOC Group has been an early adopter of artificial intelligence (AI)...

Technology

Conversational AI to gain ground in the UAE

the financial - 1 July, 2024

The UAE is poised to witness significant advancements in conversational AI for enhancing customer experience and streamlining operations over the next decade, an industry...

Technology

UAE leads in AI enthusiasm and application

the financial - 30 June, 2024

Sentiment towards generative AI is overwhelmingly positive in the UAE, new research shows. This enthusiasm aligns with global trends showing high consumer awareness and excitement...

Technology

Emerging tech and Gen AI a game-changer for the future of work life

the financial - 29 June, 2024

Global and local organisations are racing to embrace AI to strategically allocate resources and enhance employee engagement, a report shows. KPMG’s Future of Work report...

Technology

One in five DDoS attacks in Q1 were targeted at the UAE

the financial - 25 June, 2024

More than one in five (21 per cent) of distributed denial-of-service (DDoS) attacks in the Middle East and North Africa (Mena) region were targeted...

Technology

Beyond Nvidia: the search for AI’s next breakthrough

the financial - 24 June, 2024

For a few days, AI chip juggernaut Nvidia sat on the throne as the world’s biggest company, but behind the its staggering success are...

Technology

Nvidia eclipses Microsoft as world’s most valuable company

the financial - 20 June, 2024

Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble...

Technology

UAE GDP to get boost from collaborations with Nasdaq giants

the financial - 19 June, 2024

Collaborations with Nasdaq giants like Microsoft and NVIDIA are pivotal in establishing the UAE as a global AI hub, fostering economic diversification and innovation,...

Technology

Elon Musk drops lawsuit against OpenAI

the financial - 17 June, 2024

Billionaire entrepreneur Elon Musk on Tuesday moved to dismiss his lawsuit accusing ChatGPT maker OpenAI and its CEO Sam Altman of abandoning the startup’s...

Technology

New generative AI multimodal platform launched in UAE

the financial - 7 June, 2024

QX Lab AI, a pioneering artificial general intelligence (AGI) company based in the UAE, announced the launch of Ask QX PRO, an advanced version...

Technology

Mourners can now interact with the deceased using AI

the financial - 5 June, 2024

When Michael Bommer found out that he was terminally ill with colon cancer, he spent a lot of time with his wife, Anett, talking...

Technology

How can we address stress faced by cybersecurity professionals?

the financial - 3 June, 2024

Working as a cybersecurity professional is challenging. The pressures of the job include securing the hybrid workforce and coping with constantly changing ecosystem and...

Technology

Singapore payments firm plans expansion from Dubai hub

the financial - 30 May, 2024

Aleta Planet, a Singapore-based global payments solution provider, expects to use its Dubai hub to expand into the wider Middle East and Africa, its...

Technology

Comprehensive steps needed to counter ever-changing cyberattacks

the financial - 24 May, 2024

Businesses must prioritize comprehensive cybersecurity measures to protect against the ever-changing cyber threat landscape, a senior official said. “Endpoint protection is paramount, with porous boundaries...

Technology

OpenAI unveils new AI model, offers it for free

the financial - 14 May, 2024

ChatGPT maker OpenAI said on Monday it would release a new AI model called GPT-4o, which reasons across voice, text and vision. OpenAI's chief technology...

Technology

Tokyo stocks drop in morning on tech falls

the financial - 8 May, 2024

Tokyo stocks fell Wednesday morning with technology shares tracking overnight declines of their US counterparts, reported Kyodo News. The 225-issue Nikkei Stock Average fell 531.71...

Technology

Universal Music Group reaches new licensing agreement with TikTok

the financial - 3 May, 2024

Universal Music Group and TikTok said on Thursday that they had reached a new licensing agreement that will restore the label’s songs and artists to the...

Technology

Apple iPhone sales fall in nearly all countries

the financial - 3 May, 2024

Sales of iPhones have fallen in almost every market across the globe, according to the latest results from Apple. The technology giant said overall demand...

Technology

Bayanat, Yahsat shareholders approve merger to create SPACE42

the financial - 26 April, 2024

Bayanat AI PLC (ADX: BAYANAT), a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (ADX: YAHSAT), the UAE’s flagship satellite...

Technology

Microsoft building new AI models for cybersecurity

the financial - 24 April, 2024

The era of AI presents a massive opportunity for almost all industries, but it also presents significant threats, which companies and governments need to...