Technology

Trident Growth Partners, led by former Premji Invest and IFC investors, secure Rs 1,000 cr in debut fund

the financial - 26 April, 2025

Backed by Ranjan Pai's family office Claypond Capital and SIDBI's Fund of Funds for Startups, the fund is led by former Premji Invest and...

ACWA Power secures $119m loan facility from Alinma Bank for new headquarters

the financial - 25 April, 2025

RIYADH: Saudi utility giant ACWA Power has secured an SR750 million ($119 million) Shariah-compliant term loan facility from Alinma Bank to fund its new...

SaaS startups raise AI budgets, go slow on hiring amid technology shift

the financial - 25 April, 2025

From lean teams to smarter tools — AI is reshaping how SaaS startups scale, spend, and staff. As the post-pandemic software-as-a-service (SaaS) landscape stabilizes, a...

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...

Technology

Dubai Chamber of Digital Economy attracted 9 MNCs with Dh304 billion combined value in 2023

the financial - 24 April, 2024

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the combined market value...

Technology

AI’s relentless rise gives journalists tough choices

the financial - 23 April, 2024

The rise of artificial intelligence has forced an increasing number of journalists to grapple with the ethical and editorial challenges posed by the rapidly...

Technology

Implications of AI on e-commerce logistics

the financial - 19 April, 2024

E-commerce has witnessed an explosion in recent years. In the Middle East, e-commerce is estimated to reach $50 billion by 2025, driven by cutting-edge...

Technology

Dubai Chamber of Digital Economy explores private sector empowerment, impact of advanced technology on economic growth

the financial - 5 April, 2024

DUBAI, 4th April, 2024 (WAM) -- Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, recently organised a networking...

Technology

ROSHN Collaborates with Google Cloud to Unlock the Power of AI

the financial - 5 April, 2024

Riyadh, April 04, 2024, SPA -- ROSHN Group said in a press release issued today that it had signed an agreement with Google Cloud...

Technology

Apple ventures into personal robotics after abandoning electric car development

the financial - 5 April, 2024

Apple engineers are working on making personal robots, a report said on Wednesday, just weeks after the iPhone-maker abandoned its efforts to develop an electric...

Technology

Huawei contributes to building UAE’s first 5G Smart Warehouse

the financial - 4 April, 2024

The first 5G Smart Warehouse in the UAE has officially started operating, by the joint efforts between Huawei and a local carrier. This innovative...

Technology

FAB, Microsoft announce strategic partnership to reshape future of financial services globally

the financial - 3 April, 2024

First Abu Dhabi Bank (FAB) and Microsoft will collaborate in developing new AI-based banking capabilities under a strategic business partnership signed today, with the...

Technology

Indian tech firm bets big on growth out of its UAE hub

the financial - 2 April, 2024

Recent years have seen a surge in adoption by large enterprises. As competition drives up costs and the global economy slows, companies are re-evaluating...

Technology

OpenAI unveils voice-cloning tool ‘Voice Engine’

the financial - 1 April, 2024

OpenAI on Friday revealed a voice-cloning tool it plans to keep tightly controlled until safeguards are in place to thwart audio fakes meant to dupe...

Technology

Elon Musk’s xAI to launch improved version of Grok chatbot

the financial - 29 March, 2024

Elon Musk’s artificial intelligence startup xAI said on Thursday it will launch an enhanced version of its chatbot Grok. The new version, called Grok-1.5, will...

Technology

Alibaba Cloud opens training centre in Dubai Internet City to boost digital skills

the financial - 25 March, 2024

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled the MEA region’s Alibaba Cloud Academy Training Centre today, which will serve...

Technology

Social media company Reddit surges after NYSE debut

the financial - 22 March, 2024

Shares of social media company Reddit soared nearly 50 percent on the New York Stock Exchange Thursday in a buoyant market debut that raised hopes about...

Technology

UAE issues security alert for Google Chrome users

the financial - 22 March, 2024

UAE residents using Google Chrome were urged on Friday to check their browsers and ensure they are using the latest version. The country's Cybersecurity Council...

Technology

UN adopts first global artificial intelligence resolution

the financial - 22 March, 2024

The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for...

Technology

Gewan AI and Eros Investment sign strategic partnership promoting AI innovation on back of Investopia 2024

the financial - 21 March, 2024

Investopia 2024 saw the signing of a strategic partnership between Gewan AI and Eros Investments to enhance cooperation and share experiences in AI, innovation...

Technology

Denmark researchers using AI algorithm to predict life, death

the financial - 21 March, 2024

Researchers in Denmark are harnessing artificial intelligence and data from millions of people to help anticipate the stages of an individual’s life all the...

Technology

Reddit set to make stock market debut, IPO priced at $34 a share

the financial - 21 March, 2024

Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory — the stock market. The company said Wednesday that it had priced...

Technology

Saudi Arabia plans $40 bln fund for AI investments: Report

the financial - 21 March, 2024

Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday,...