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News Inc.Arabia Staff

EBRD Star Venture Program Application Closes on August 20

Participants will benefit from a global network of business partners, finance opportunities, and international customer access.

News Inc.Arabia Staff

TikTok Adds Group Chat Feature for Easier Sharing

Users can now create group chats with up to 32 people.

News Inc.Arabia Staff

Daltex Becomes 1st Egyptian Firm to Trade Carbon Credits

Daltex purchased 1,500 Verra carbon credits from the Punjab Agroforestry Project in India.

News Inc.Arabia Staff

Technical Issues Disrupt Musk's Interview with Trump on X

Musk attributed the technical problems to a cyber-attack.

News Inc.Arabia Staff

Aramco to Invest $100 Million in KAUST for R&D Projects

The funding will support a range of initiatives at KAUST, focusing on research and applied technologies with both environmental and commercial benefits.

News Inc.Arabia Staff

Saudi Healthtech Firm Athir Secures First Investment Round

The company offers a system that includes healthcare management, revenue management, and medical insurance systems.

News Inc.Arabia Staff

UAE Sets Fines Up to $272K for Labor Law Violations

The decree also includes penalties for companies that falsify recruitment figures, such as creating fictitious workers to meet Emiratization goals.

News Inc.Arabia Staff

TII Introduces Falcon Mamba 7B AI Language Model

The Falcon Mamba 7B is recognized as the top-performing open-source State Space Language Model (SSLM) by Hugging Face.

News Inc.Arabia Staff

The Most Dangerous and Safest Olympic Sports: Injury Rates

When it comes to Olympic sports, the risk of injury varies significantly. Some events are notoriously dangerous, while others are remarkably safe.

News Inc.Arabia Staff

Expo City to Become UAE's First 15-Minute City

The project will include new villas, hiking trails, and walking paths for the residential community.

News Inc.Arabia Staff

Turkey to Lift Instagram Ban After Content Control Deal

Turkey has agreed to work "jointly" on managing content related to catalog crimes and censorship.

News Inc.Arabia Staff

Former Twitter CEO Sues X Over Unpaid $20 Million in Stock

Kordestani served as Twitter’s executive chairman from 2015 to 2020.

News Inc.Arabia Staff

Saudi Arabia Introduces New Updates for Its Investment Law

The law is intended to improve the Kingdom's appeal as a global investment destination by offering new opportunities for both local and foreign investors.

News Inc.Arabia Staff

Islamic Art Conference to Shed Light on Emerging Trends

in Contemporary Islamic Arts and Crafts

News Inc.Arabia Staff

Google, Meta Accused of Secret Deal to Target Teens with Ads

The deal let Meta target users aged 13 to 17, bypassing rules designed to protect minors online.

News Inc.Arabia Staff

Saudi Arabia to Host HALO Space's Test Flight

This will be HALO Space's sixth test flight and is part of Saudi Vision 2030, showing the Kingdom's commitment to space exploration.

News Inc.Arabia Staff

Turkey Bans Roblox Over Child Safety Concerns

The decision followed a court ruling based on an investigation by the public prosecutor's office in Adana.

News Inc.Arabia Staff

ADIA Invests in US' Flyr During $295 Million Capital Raise

Flyr's $225 million Series D funding round was led by US investment firm WestCap.

News Inc.Arabia Staff

Two NASA Astronauts May Stay in Space Until 2025

The duo arrived at the ISS in June to test Boeing's new Starliner capsule.

News Inc.Arabia Staff

Tunisian 216 Capital Invests in US-based eSteps

The startup, originally a university research project led by Nidhal Louhichi at the University of Bologna, developed a smart insole that detects early signs of neurodegenerative diseases.

News Inc.Arabia Staff

ChatGPT Free Users Can Now Generate DALL-E 3 Images

DALL-E 3 is a text-to-image model introduced to ChatGPT for Plus and Enterprise users in October 2023.

News Inc.Arabia Staff

Alibaba Introduces New Video Generation Tool

Tora uses the Diffusion Transformer (DiT) architecture, the same framework used by OpenAI's Sora, a text-to-video model launched in February.

News Inc.Arabia Staff

Samsung Begins Production of World’s Thinnest Memory Card

Samsung plans to offer the new LPDDR5X cards in capacities of up to 24 GB and 36 GB.

News Inc.Arabia Staff

Zoom Launches AI-Powered Document Editing Tool

Zoom Docs is the first product in the Zoom Workplace suite to feature built-in generative AI technology.

News Inc.Arabia Staff

Dubai to Pilot Shorter Work Week, Fridays Off This Summer

The program, "Our Summer is Flexible," run by the DGHR, aims to improve employee performance and quality of life.

News Inc.Arabia Staff

Saudi TWLM Secures $270,000 Investment for Expansion

TWLM plans to use the new funds to expand its service across Saudi Arabia.

News Inc.Arabia Staff

Dubai to Host UAE-Russia Investment Forum in October

The forum will bring together decision-makers, experts, and entrepreneurs to discuss challenges in the business sector.

Press Releases Inc.Arabia Staff

EFG Named Official Operating Partner of the

Esports World Cup with Multi-Year Deal. EFG Lends More Than Two Decades of Expertise in Developing Fan-Focused Esports, Gaming, and Entertainment Competitions, Ecosystems and Events

News Inc.Arabia Staff

Egypt's Fintech Lucky ONE Raises $3 Million

The financing round saw participation from existing investors, including Lorax Capital Partners, KEM, and DisrupTech Ventures.

News Inc.Arabia Staff

Saudi Arabia Approves Labor Law Amendments

Key changes include expanded provisions on vacations and labor contracts, new definitions for resignation and assignment, revised grievance procedures, and penalties for unlicensed employment practices.

News Inc.Arabia Staff

Aramco to Become Majority Shareholder in Petro Rabigh

Currently, both Aramco and Sumitomo Chemical hold 37.5% shares in Petro Rabigh.

News Inc.Arabia Staff

Oracle Opens Second Cloud Region in Saudi Arabia

This expansion is part of Oracle’s $1.5 billion investment to enhance cloud infrastructure capabilities in the kingdom.

News Inc.Arabia Staff

Egypt's T-Vencubator Launches Initiative to Back 5 Startups

Applications will be evaluated based on criteria focusing on innovation and the ability of the proposed solutions to address societal challenges.

News Inc.Arabia Staff

Meta in Talks to Use Celebrity Voices for AI

Meta could potentially pay millions of dollars in fees if agreements are reached.

News Inc.Arabia Staff

Key Leaders Exit OpenAI Amid Organizational Shifts

Earlier in the day, Elon Musk filed a new lawsuit against OpenAI and its CEO, Sam Altman.

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