Technology Inc.Arabia Staff Microsoft and G42’s Kenya Project Raises Security Concerns The $1 billion geothermal data center has been flagged by US officials over national security concerns.
News Inc.Arabia Staff ADNOC, e& to Establish Largest Private 5G Network This 5G network is part of ADNOC’s multi-year strategy to deploy the latest technologies.
News Inc.Arabia Staff Mitgo Group to Invest $20 Million in Fintech Arm Capy This initial investment aims to develop the platform's early and accelerated payment solutions.
News Inc.Arabia Staff Presight Launches Enterprise AI Suite Presight is an ADX-listed public company with majority ownership by Abu Dhabi company G42. It integrates big data, analytics, and AI to serve several sectors.
News Inc.Arabia Staff CoinDCX Acquires BitOasis to Expand in MENA Region This move follows CoinDCX's initial investment in BitOasis in August 2023.
News Inc.Arabia Staff EXITS MENA Expands in Saudi Arabia This expansion is backed by a group of Saudi investors led by Ammar Ahmed Shata, Founder of Gotrah Ventures, who will serve as the non-executive chairman of the new JV.
News Inc.Arabia Staff EdVentures Invests $400,000 in El Kheta Educational Platform El Kheta was established in 2019 by Mohamed Mahmoud.
News Inc.Arabia Staff Lyvely Becomes MENA's First Licensed SocialFi Platform Phoenix Group recently acquired 25% of Lyvely.
News Inc.Arabia Staff Google to Simplify Disclosures for AI-Altered Election Ads The updated political content policy now requires advertisers to select a checkbox in the "altered or synthetic content" section of their campaign settings.
News Inc.Arabia Staff Meta Lifts Ban on "Shaheed" Following Oversight Board Review For years, Meta has faced criticism over its content policies related to the Middle East.
News Inc.Arabia Staff KSA Approves New Social Insurance Law for New Employees For current contributors, the existing Civil Pension and Social Insurance laws will remain in effect.
News Inc.Arabia Staff Trump Organization Plans Luxury Tower in Jeddah This project will be undertaken in partnership with Dar Global.
News Inc.Arabia Staff Middle East Funds Lead Global Surge with $52 Billion Global state-backed entities committed $99 billion across 166 deals in 2019.
News Inc.Arabia Staff Saudi PIF Doubles Revenues in 2023 Revenues from PIF's investment portfolio edged up to SAR98 billion ($26.12 billion) in 2023.
News Inc.Arabia Staff TikTok Official Entertainment Hub for Esports World Cup TikTok will feature exclusive content from the Esports World Cup, which is slated to kick off on July 4.
News Inc.Arabia Staff Dubai Wins Bid to Host ICCV 2029 ICCV is a global gathering for computer vision and artificial intelligence (AI).
News Inc.Arabia Staff Aramco Digital, WWT Forge Strategic AI Partnership In January 2023, the company launched Aramco Digital to drive digital innovation across Saudi Arabia.
News Inc.Arabia Staff Presight, Wand AI Launch Generative AI Assistants in UAE Presight is an ADX-listed public company with majority ownership by Abu Dhabi company G42.
News Inc.Arabia Staff GEMS Education Introduces Esports, Game Design Academy The GEMS Esports and Game Design Academy will offer age-appropriate games in safe environments.
News Inc.Arabia Staff Jeel Secures Seven-figure Investment for Expansion In 2022, Jeel garnered $1.1 million in a seed round from EdVentures, the VC arm of Egypt-based Nahdet Misr Publishing Group.
News Inc.Arabia Staff flynas Launches KSA’s First Sign Language Training Program The program is being implemented in collaboration with the Saudi Association for Hearing Impairment.
News Inc.Arabia Staff UAE to Enforce Emiratisation Fines from July 1st Residents can report violations through the MoHRE app, website, or by calling 600590000.
News Inc.Arabia Staff Dubai Announces $6.8 Billion Investment Incentives The plan allocates AED25 billion ($6.81 billion) over ten years to attract AED650 billion ($176.97 billion) in investments.
News Inc.Arabia Staff DIFC Square Breaks Ground on Major 1mn sq.ft. Development DIFC has over 600 financial services firms and more than 40,000 employees.
News Inc.Arabia Staff Al Hokail Academy to Sell 29% Stake on Nomu Nomu is a parallel equity market with more flexible listing requirements.
Startup Inc.Arabia Staff Jeddah Season 2024 Launches The event aims to entertain Jeddah’s residents and visitors, create job opportunities and attract investments.
News Inc.Arabia Staff SparkLabs Launches Startup Accelerator AIM-X in KSA AIM-X is set to commence operations on September 17th, 2024.
News Inc.Arabia Staff Aramco Acquires 10% Stake in HORSE Powertrain HORSE Powertrain Limited is headquartered in London and was established by Renault Group and Geely on May 31st, 2024.
News Inc.Arabia Staff GCC Luxury Market Booms in 2023 Valued at $5.2 billion, fashion is still the biggest category in the GCC’s luxury market.
News Inc.Arabia Staff GWC Launches Al Wukair Logistics Park Directory GWC has a comprehensive strategy to support MSMEs as part of its efforts to promote economic diversification in Qatar.
News Inc.Arabia Staff Billionaire Tax Proposal Could Raise $250 Billion Annually Brazil-commissioned proposal set for debate at the G-20 finance ministers' meeting in Rio de Janeiro next month.
News Inc.Arabia Staff Egypt Is Home to World's Largest Water Treatment Facility This plant is constructed by a joint venture of Orascom Construction, Hassan Allam Construction, Arab Contractors, and Metito.
News Inc.Arabia Staff UAE Launches First-Ever Family Business Index The Abu Dhabi Family Business Index is the first of its kind in the region.
News Inc.Arabia Staff Saudi Sweply Secures $2 Million in Seed Funding Sweply plans to use the raised sum to expand its team and accelerate product development.
News Inc.Arabia Staff V3V Ventures Invests $1.35 Million in Two Startups V3V Ventures' portfolio includes projects in cryptocurrency, real estate, and health/AI technologies.