News Inc.Arabia Staff KSA Sees 17% Rise in Air Traffic Passengers in H1 2024 This growth is attributed to the ongoing implementation of the Saudi Aviation Strategy.
News Inc.Arabia Staff UAE Launches AI Challenge The challenge aims to support the growth of the UAE's AI sector and create new opportunities for AI-focused startups.
News Inc.Arabia Staff OpenAI Develops New Reasoning Technology The project aims to enable AI to autonomously navigate and conduct thorough online research.
News Inc.Arabia Staff KSA Launches Carbon Capture and Utilization Challenge The challenge will close on September 12th, 2024.
News Inc.Arabia Staff Swyt Secures Funding to Improve IT Operations in the Gulf The funding was backed by business angels specializing in new-tech investments.
News Inc.Arabia Staff EU Publishes AI Act and Sets Compliance Dates The AI Act will become fully applicable on August 2nd, 2026.
News Inc.Arabia Staff Grind Qatar Partners with Builder.ai to Back Local Startups Qatar's startup ecosystem is currently ranked 7th in the Middle East and 79th globally.
News Inc.Arabia Staff UAE's Hala Expands to Egypt Hala will launch in Egypt’s New Administrative Capital (NAC) and other cities.
News Inc.Arabia Staff Saudi PIF Raises Its Stake in Newcastle United to 85% This move also marks the departure of husband-and-wife co-owners Amanda Staveley and Mehrdad Ghodoussi.
News TheGeek Thank the Irish for Coining the Term “Boycott” The impact of “Boycott” includes but is not limited to “Economic”, “Political”, “Social”, “Corporate” and “Cultural and Academic”.
News Inc.Arabia Staff KSA Finalizes 1st Phase of Professional Verification Service The program focuses on high-skilled professions, verifying the compatibility of academic qualifications with the educational level and field.
News Inc.Arabia Staff DAMAC Invests in AI Firms Anthropic, xAI, and Mistral DAMAC Group has a global presence in North America, Europe, Asia, the Middle East, and Africa.
News Inc.Arabia Staff GII Secures $100 Million for Regional Expansion Among the investors is Saudi Arabia’s Al Nahdi Family Office.
News Inc.Arabia Staff Riyadh Air, Delta to Expand Global Flight Network Delta will become Riyadh Air’s exclusive partner airline in the US.
News Inc.Arabia Staff UAE Revolutionizes Maritime Security with Satellite Tech By harnessing space tech and AI, the project seeks to revolutionize ship detection, sea monitoring, and weather forecasting, to position the UAE as a premier global maritime hub.
News Inc.Arabia Staff KSA Bags $12.35 Billion from Aramco's Share Sale This includes an additional 154 million shares available through a greenshoe option, managed by Merrill Lynch to stabilize prices.
News Inc.Arabia Staff Dubai Introduces Green Spine Project The project will be connected by extensive pedestrian and cycling paths to promote walkability and reduce reliance on cars.
News Inc.Arabia Staff Saudi Arabia Tops MENA in Venture Capital in H1: MAGNiTT Saudi Arabia's share of the region's total funding increased to 54%.
News Inc.Arabia Staff Swvl Inks $6.3 Million Deal with e& Egypt This deal will help Swvl enhance its presence in the Egyptian market.
News Inc.Arabia Staff Egypt's Raya FutureTECH Concludes 1st Accelerator Program The program was designed to provide founders with resources, training, and mentorship.
News Inc.Arabia Staff Riyadh Ranks Among the Top 15 Fastest-Developing Cities The Saudi capital Riyadh was ranked among the top 15 fastest-growing cities by 2033 by the Savills Growth Hubs Index.
News Inc.Arabia Staff Stride Ventures Invests $1 Million in UAE-Based Maalexi In January, Maalexi raised $3 million in a pre-Series A funding round led by Global Ventures.
News Inc.Arabia Staff Google, KAUST Collaborate to Boost AI Research in KSA Saudi Arabia is committed to using AI to support its Vision 2030 goals of economic diversification and improving public services.
News Inc.Arabia Staff Thrive Global Launches Thrive AI Health Thrive AI Health is sponsored by OpenAI Startup Fund and Thrive Global.
News Inc.Arabia Staff '24 Fintech' Event to Convene in Riyadh This September Interested startups can participate in mentorship and matchmaking sessions and a pitch competition.
News Inc.Arabia Staff Abu Dhabi’s Lunate Takes Over G42's China-Focused Fund Lunate manages assets worth $105 billion, backed by Abu Dhabi sovereign funds.
News Inc.Arabia Staff Dubai Property Market Grows in Q2 2024: Property Finder The off-plan market in Dubai saw an 80% YoY climb in transactions, reaching 26,200.
News Inc.Arabia Staff Saudi EdfaPay Taps Into Moroccan Market EdfaPay will provide its financial solutions, such as Soft POS and Payment Gateway, to merchants and customers throughout Morocco.
News Inc.Arabia Staff UAE Approves Jebel Ali Beach Development Plan Sheikh Hamdan also approved the architectural designs for the project's buildings and facilities.
News Inc.Arabia Staff KSA Calls for Bids to Establish Coffee City in Al-Baha Interested parties are invited to submit their bids through the Furas platform, with a deadline set for September 9th, 2024.
News Inc.Arabia Staff Egypt Extends IDA Workweek to Boost Industry Support In February 2022, Belgium made history as the first European country to legislate for a four-day workweek.
News Inc.Arabia Staff Paramount and Skydance Finalize Merger This follows a dramatic turnaround after previous negotiations between Redstone and Ellison, the son of Oracle co-founder Larry Ellison, collapsed last month.
News Inc.Arabia Staff KSA Pledges Ethical AI Development and Global Governance The conference, titled "Governance of Artificial Intelligence for Good and for All," took place from July 4th to 6th, 2024.
News Inc.Arabia Staff ADIA Invests $120 Million in Indian Purplle This investment has increased the startup’s valuation to $1.3 billion.
News Inc.Arabia Staff UAE's Alpha Data Plans $200 Million IPO on ADX The specifics, including the size of the sale, are still preliminary and subject to change.