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News Inc.Arabia Staff

Egypt’s Banknbox, CSC Jordan to Enhance Financial Inclusion

This partnership aims to advance financial inclusion and deliver enhanced services to customers of both companies.

News Inc.Arabia Staff

Elon Musk Announces Launch Date for Human-Like Robots

Named Optimus, the robot is about 1.7 meters tall and weighs 56 kg.

News Inc.Arabia Staff

Shorooq Partners Leads $1.5Mn Funding for Zyp Technologies

This investment will support the launch of Zyp’s electric smart mobility technologies in Lahore, Pakistan.

News Inc.Arabia Staff

Takamul National Acquires 15% Stake in Nabataty

The financial details of the deal were not disclosed.

News Inc.Arabia Staff

Abu Dhabi Property Market Soars with Rising FDI: Bayut

The analysis indicates noticeable price increases and rising demand across both affordable and luxury segments.

News Inc.Arabia Staff

Google Reverses Decision to Remove Cookies from Chrome

This shift comes in response to concerns from advertisers.

News Inc.Arabia Staff

Wa’ed Ventures Invests $15 Million in Chipmaker Rebellions

Rebellions is developing its proprietary chip in collaboration with Samsung Electronics Co. to serve the generative artificial intelligence market.

News Inc.Arabia Staff

Ogram Secures Funding to Expand in Saudi Arabia

The round was led by Oraseya Capital, the venture capital arm of Dubai Integrated Economic Zones Authority (DIEZ).

News Inc.Arabia Staff

UAE and Seychelles Enhance Payment System Collaboration

UAE and Seychelles central banks sign MoU for cross-border transaction facilitation. This involves advancing the currency exchange market, easing bilateral trade and direct investment, and settling remittances.

News Inc.Arabia Staff

Joe Biden Withdraws from The 2024 Presidential Race

Amid significant party pressure, President Biden announced his decision to suspend his campaign and endorse Vice President Kamala Harris to take his place.

News Inc.Arabia Staff

CrowdStrike Advances in Restoring Systems After IT Outage

The firm also mentioned it is deploying a new fix aimed at speeding up the recovery of computer systems.

News Inc.Arabia Staff

Kemitt Expands into Saudi Arabia with New Funding

Kemitt has launched a dedicated website for Saudi Arabia, offering over 25,000 SKUs.

News Inc.Arabia Staff

OTO Raises $8 Million from Series A Funding

OTO will use the funds to expand its operations in Saudi Arabia, the UAE, and Turkey.

News Inc.Arabia Staff

Okhtboot Bags $270,000 from Pre-seed Funding Round

The investment will support Okhtboot's growth and expansion plans.

News Inc.Arabia Staff

Tech Mal Secures $1 Million in Pre-seed Round

Tech Mal operates as a micro-consumer finance company licensed by the Central Bank of Saudi Arabia (SAMA).

News Inc.Arabia Staff

MNT-Halan Nets $157.5 Million for Regional Expansion

The investment round saw contributions from the International Finance Corporation (IFC) with $40 million, alongside Development Partners International (DPI), Lorax Capital Partners, and funds managed by Apis Partners LLP, Lunate, and GB Corp.

News Inc.Arabia Staff

Amanat Holdings to Launch IPO for Education Subsidiary

The offering will be subject to market conditions and the necessary regulatory approvals.

News Inc.Arabia Staff

Saudi Authority First to Achieve New ISO AI Certification

The Saudi Authority for Data and Artificial Intelligence is now the world's pioneer in obtaining the International Standards Organization’s 42001:2023 certification for managing Artificial Intelligence Systems.

News Inc.Arabia Staff

Saudi Arabia and World Bank Forge Economic Partnership

Both parties engaged in talks about economic challenges at regional and global levels, as well as examined ways to improve collaboration between Saudi Arabia and the World Bank.

News Inc.Arabia Staff

MBZUAI Hosts AI Summer School Promoting Sustainable AI

MBZUAI's summer school familiarizes UAE students with AI's capacity to contribute to achieving the UN Sustainable Development Goals.

News Inc.Arabia Staff

PayTabs, Digital Haze to Enhance Digital Business Solutions

This partnership aims to support business operations in the Levant region.

News Inc.Arabia Staff

OpenAI Launches Cost-Efficient GPT-4o Mini Model

The GPT-4o mini aims to broaden access to OpenAI's technology by reducing costs and computational requirements compared to previous models.

News Inc.Arabia Staff

Saudi Esports Federation Opens Legacy Museum at SEF Arena

The museum details the federation's achievements since its establishment in October 2017.

News Inc.Arabia Staff

OpenAI Co-Founder Launches AI Education Startup Eureka Labs

Karpathy, a founding member of OpenAI, revealed that the first course offered by Eureka Labs will teach students how to build their own large language model (LLM).

News Inc.Arabia Staff

Wa'ed Ventures Invests in aiXplain

The funding round also saw participation from several strategic angel investors.

News Inc.Arabia Staff

SaudiPreneur Program Celebrates First Graduates

Participants underwent over 33 hours of training, including workshops and mentorship from industry experts.

News Inc.Arabia Staff

Microsoft Users Face 'Blue Screen of Death' After IT Outage

The issues stem from a recent update by cybersecurity firm CrowdStrike.

News Inc.Arabia Staff

e& and Samsung Team up for UAE Smart Schools initiative

Samsung Gulf Electronics, in collaboration with e& UAE, has launched the Samsung Smart Schools concept in the UAE.

News Inc.Arabia Staff

myZoi Launches UAE’s 1st Inclusive Digital Wallet

This follows a $14 million fundraising round from SC Ventures and SBI Holdings.

News Inc.Arabia Staff

Dopay Secures $13.5 Million in Series A Extension

This funding adds to a previous $18 million Series A round, bringing the total to $31.5 million.

News Inc.Arabia Staff

Majarra Acquires AI/NLP Startup Lableb

Under Majarra's ownership, Lableb will continue to operate independently, focusing on the challenges of Arabic language processing.

News Inc.Arabia Staff

Bodour Al Qasimi Launches "Read You're in Sharjah" Campaign

Sharjah's legacy of supporting culture, reading, and literature earned it the title of "World Book Capital" in 2019.

News Inc.Arabia Staff

Saudi Tharwah Company Plans Nomu IPO

Nomu is a parallel equity market with more flexible listing requirements.

News Inc.Arabia Staff

SAMA Launches 'Naqd' for Government Banking Services

The digital platform aimed at simplifying banking services for government agencies.

News Inc.Arabia Staff

CyberKnight Partners with Forescout for Asset Intelligence

This partnership aims to address the challenges organizations face in achieving full visibility across their expanding and complex estates, especially during cloud migration.

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