Saudi Arabia’s Public Investment Fund (PIF) has reportedly agreed to invest more than $1 billion in Lucid Motors, a budding competition for Elon Musk’s Tesla.
Abu Dhabi unveils programme to accelerate knowledge and innovation
The Abu Dhabi Executive Council’s ‘Ghadan 21’ programme has revealed the recent initiatives and projects under the third pillar, which is focused on Knowledge and Innovation.
Dell revisits IPO after tracking stock deal pushback
Dell Technologies is reportedly exploring an initial public offering (IPO) after shelving this option earlier this year in favour of …
Abu Dhabi-based DarkMatter seeks to nurture regional cybersecurity talent
DarkMatter has unveiled its new strategy aimed at being region’s first and only fully-integrated digital transformation, defence and cybersecurity solutions provider.
Smart tech to accelerate the maritime industry: experts
The impact of the rapid evolution of smart technology is becoming increasingly evident in the maritime industry.
Discover the future of infrastructure with Pure Storage
Pure Storage has announced that it will showcase its vision for the future of infrastructure—a Data-Centric Architecture.
GITEX Tech Week gears up for AI and VR takeover
GITEX Technology Week and GITEX Future Stars are ready to throw open the door to the future as the 2018 editions of the mammoth global tech events gear-up to offer a hands-on exploration of the digital tech set to transform how we live.
Music startup Roli rolls out into Dubai
Roli the makers of digital musical instruments are expanding into the Middle East. The UK based startup builds both hardware – …
Google scientist to demo the power of Big Data
Big Data is growing 11 percent year-on-year having reached $2.2 billion market in 2017. However, not many regional businesses know how to turn this valuable data into growth decisions.
Uber mulls purchase of food delivery firm to dominate EMEA market
Uber Technologies is in early talks to buy food-delivery company Deliveroo for several billion dollars, Bloomberg reported.
SAP’s Saudi, UAE data centres a “big deal”: regional SVP
SAP’s regional head has heaped praise on the firm for becoming the first global technology company to boast data centres …
Huawei to demonstrate the power of innovation at GITEX
Huawei will announce its AI strategy and full-stack AI solutions at the Huawei Middle East 3rd Innovation Day 2018 which will be held on the second day of GITEX.
Central Bank of Kuwait to make “huge” analytics, big data, AI investments
The newly appointed head of digital strategy for the Central Bank of Kuwait has said that the organisation is set …
“Intelligent transformation” will drive Middle East businesses: Lenovo
Lenovo Data Center Group’s is marking its third participation in the region’s most premier technology event comes with a larger presence this year.
Cisco accelerates AI adoption with new offering
As artificial intelligence (AI) and machine learning (ML) open up new ways for enterprises to solve complex problems, Cisco has unveiled its first server for AI and ML workloads.
“Digital banks will be mainstream choice in 3 years”: Mashreq digital chief
“It’s not a question of ‘if’, but ‘when.’” Sridhar Iyer, Mashreq’s head of its pureplay digital bank, Neo, is no …
Abu Dhabi regulator calls for stricter crypto trading policies
Abu Dhabi Global Market’s head of Financial Services Regulatory Authority called for stricter international regulations for cryptocurrency trading.
Abu Dhabi rolls out digital initiative to spur financial services
Abu Dhabi Global Market, ADGM, has announced an initiative to launch a FinTech digital sandbox.
UAE Space Agency inks deal to accelerate startup growth
The UAE Space Agency today signed an Agreement of Funding with Krypto Labs, the Abu Dhabi-based innovation hub and incubator.
Abu Dhabi turns to AI to protect the environment
Abu Dhabi authorities will use artificial intelligence as well other emerging technologies to help protect the capital’s environment.