News Inc.Arabia Staff Oraseya Capital Invests in Seven Tech Startups Seven technology startups received investments of AED 570,000 ($150,000) each from Oraseya Capital after completing the program, which attracted over 1,500 applications.
News Inc.Arabia Staff NVIDIA Acquires AI Platform Brev.dev from Nama Ventures Brev.dev helps developers to easily build, train, and deploy AI models on the cloud.
News Inc.Arabia Staff Qardy Secures Pre-seed Funding to Boost MSME Lending The startup offers a wide range of tailored financial programs to support micro-, small, and medium-sized enterprises (MSMEs) with working capital and capital expansion needs.
News Inc.Arabia Staff UAE Halts Meetings Between G42 and US Congressional Staffers The United Arab Emirates canceled meetings this month between US Congressional staffers and G42 after US lawmakers expressed worries that G42 might facilitate the transfer of US AI technology to China.
News Inc.Arabia Staff Billboard Arabia Launches Four New Charts for Arab Dialects The new dialect charts will be available every Thursday on Billboard Arabia’s website and social media platforms.
News Inc.Arabia Staff Google Hires Character.AI Co-Founders in Licensing Deal Along with some members of its research team, Shazeer and De Freitas will transition to Alphabet Inc.'s Google.
News Inc.Arabia Staff Google Pulls AI Ad for Olympics Following Criticism The ad, titled “Dear Sydney,” showed a father asking the AI to help his daughter write a letter to her favorite athlete, U.S. hurdler Sydney McLaughlin-Levrone.
News Inc.Arabia Staff Cerebras Systems Files Confidentially for US IPO The company submitted a draft registration statement but did not provide further details.
News Inc.Arabia Staff UAE’s National Pulse Invests in Singapore’s Aleta Planet The investment is set to support Aleta Planet’s expansion into the UAE, Middle East, and Africa.
News Inc.Arabia Staff Meta, Startupbootcamp Partner to Support MENA Startups Llama Design Drive will include three four-week sprints in the UAE, Saudi Arabia, and Egypt.
News Inc.Arabia Staff Meta Launches AI Studio for Custom AI Characters This tool will enable users to create, share, and design personalized AI chatbots.
News Inc.Arabia Staff Dubai Taxi Rides Surge by 500,000 in H1 2024 The total number of journeys reached 55.7 million, up from 55.3 million in H1 2023.
News Inc.Arabia Staff KSA Proposes Five Host Cities for FIFA World Cup 2034 The bid book is submitted by an official Saudi delegation led by Prince Abdulaziz bin Turki bin Faisal, Minister of Sport and President of the Saudi Olympic and Paralympic Committee.
News Inc.Arabia Staff UAE, KSA Lead MENA M&A Deals with $10 Billion in H1 2024 The two Gulf nations recorded a combined 152 deals worth $9.8 billion.
News Inc.Arabia Staff OpenAI Rolls Out Voice Mode to Select ChatGPT Plus Users This new feature enables users to have real-time voice conversations with ChatGPT.
News Inc.Arabia Staff UAE Startup Verbatica Raises $700K in Angel Investment Demo testing of the platform is set to begin on August 15th.
News Inc.Arabia Staff Synapse Analytics Bags $2 Million Investment for Expansion This funding follows a $2 million pre-series A round in 2022 led by Egypt Ventures along with other investors.
News Inc.Arabia Staff Dubai Tops Global Rental Value Growth in H1 2024: Savills This surpasses the 9% rise in Bangkok and the 7.5% increase in Lisbon.
News Inc.Arabia Staff UAE, Qatar Wealth Funds Back Adani Energy's $1B Share Sale This marks Adani Group's first equity market fundraising since a report from short-seller Hindenburg Research last year.
News Inc.Arabia Staff Active Registered Companies in DIFC Exceeds 6K for 1st Time In the first six months of 2024, 820 new companies joined DIFC.
News Inc.Arabia Staff UAE Launches AI Charter to Advance Technology Standards The Charter aims to create an environment with strict safety and privacy standards to build public trust in AI applications.
News Inc.Arabia Staff Egypt to Receive $820 Million from IMF After 3rd Review The 46-month EFF arrangement, initiated on December 16th, 2022, has seen improving macroeconomic conditions since the combined approval of its first and second reviews in March.
News Inc.Arabia Staff Egypt’s Cartona Raises $8.1 Million in Series A Extension Algebra Ventures led the investment, with Silicon Badia and the SANAD Fund for MSME also participating.
News Inc.Arabia Staff Apple's AI Features to Miss Initial iOS 18 Launch: Bloomberg The iPhone maker is planning to begin rolling out Apple Intelligence to customers as part of software updates coming by October.
News Inc.Arabia Staff Intelmatix Bags $20Mn in Region's Largest AI Series A Round The funding, led by Shorooq Partners, attracted investments from public and private institutions.
News Inc.Arabia Staff MNT-Halan Acquires Turkiye’s Tam Finans Tam Finans, established in 2012, specializes in trade finance services for SMEs, tradesmen, and newly established businesses in Turkiye.
News Inc.Arabia Staff Educatly Closes $2.5 Million Funding Round Educatly has a presence in key markets such as Egypt, Saudi Arabia, the UAE, Nigeria, Kenya, and Ireland.
News Inc.Arabia Staff Watermelon teams up with Daman Investments for $4M Series-A UAE-based startup announced the successful completion of its $4 million Series A funding round after a successful seed round in 2022.
News Inc.Arabia Staff Women Collective invests in Velent's AI. Saudi Arabia's Velents AI, a SaaS provider, secures funding from Women Collective, the amount remains undisclosed.
AI Everything Inc.Arabia Staff UAE Boosts Cybersecurity Policies by the end of 2024 The UAE is currently issuing three new policies aimed at enhancing the country's cybersecurity by 2024
News Inc.Arabia Staff Saudi plans 92,000-seat King Salman Stadium in Riyadh Saudi Arabia revealed blueprints for a stadium with a capacity of 92,000, designed to host significant sporting events, as the kingdom positions itself to potentially host the 2034 World Cup.
News Inc.Arabia Staff The Sixth Edition of UAE AI Camp Kicks Off A five-week artificial intelligence (AI) camp aimed at educating children, students, and coding experts about AI and its applications across different sectors will begin in Dubai on Monday.
News Inc.Arabia Staff The Paris Olympics 2024 Are Going Green Paris reduced expenditures and carbon emissions by utilizing current infrastructure and prioritizing eco-friendly building practices.
Press Releases Inc.Arabia Staff 7awi Media Group and Dubai Media Academy Sign MoU Memorandum of Understanding to Promote Responsible Content Creation and Nurture New Generation of Content Creators
News Inc.Arabia Staff Arab Athletes to Watch at the Paris Olympic Games 2024 The 2024 Paris Olympics is an upcoming international multi-sport event set for July 26th to August 11th, 2024 in France.