News Inc.Arabia Staff PIF and Ardian Acquire 37.6% Stake in Heathrow Airport The deal, valued at $4.18 billion, was confirmed in statements from Ferrovial and Ardian.
News Inc.Arabia Staff Pyypl Secures Visa Principal Licence In 2022, Pyypl closed its series A round raising $11 million with backing from a group of international family offices and angel investors.
AI Everything Inc.Arabia Staff Apple Engages in AI Talks with Meta: WSJ This announcement follows Apple's recent agreement with OpenAI.
News Inc.Arabia Staff Spinneys Opens First Branch in Riyadh The new store is located in the La Strada Yard development in Al Nuzha district of Riyadh.
News Inc.Arabia Staff Saudi Arabia to Attract 300 Millionaires in 2024 Riyadh and Jeddah are growing in popularity among immigrant millionaires, particularly from North Africa and the Middle East.
News Inc.Arabia Staff Dubai Launches Next Phase of Future Solutions Initiative This project, spearheaded by Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, aims to develop new solutions for global challenges.
News Inc.Arabia Staff Everything You Need to Know About UAE’s Golden Visa The UAE's Golden Visa is a long-term residency that allows foreigners to invest and work in the UAE without a sponsor.
AI Everything Inc.Arabia Staff Amazon Eyes $5 to $10 Monthly Fee for AI-Enhanced Alexa This move is the first major update since Alexa's 2014 debut.
News Inc.Arabia Staff UAE Imposes Fine for Unlicensed Social Media Influencers The directive extends to government entities engaged in electronic platform advertising.
AI Everything Inc.Arabia Staff OpenAI Acquires Rockset in Major Stock Deal The exact financial terms were not disclosed.
News Inc.Arabia Staff African Ministers Endorse Continental AI Strategy Over 130 African ministers and experts convened virtually from June 11th to 13th, 2024, for the 2nd Extraordinary Session of the Specialized Technical Committee on Communication and ICT.
News Inc.Arabia Staff UAE Climbs to 7th Place in 2024 World Competitiveness Report Published annually since 1989, the IMD World Competitiveness Report is a benchmark on the competitiveness of nations, analyzing their ability to create sustainable long-term value.
News Inc.Arabia Staff UAE President Addresses G7 Summit on AI, Energy The session also featured a video presentation showcasing the UAE's ambitious vision and achievements in AI and sustainable energy.
News Inc.Arabia Staff AWS Commits $230 Million to Back AI Startups Worldwide This initiative will provide early-stage companies with AWS credits, mentorship, and education to advance their use of artificial intelligence (AI) and machine learning (ML) technologies.
News Inc.Arabia Staff Dubai Named Most Expensive Middle Eastern City for Expats The report showed that Dubai now ranks 15th globally, climbing three spots from last year in a study of 226 cities.
News Inc.Arabia Staff DFF, Meta Launch AI Business Incubator Program The announcement was made during the AI Retreat 2024, hosted by the Dubai Center for Artificial Intelligence (DCAI) in collaboration with the National Program for Artificial Intelligence.
News Inc.Arabia Staff Energy Transition Slows Amid Global Uncertainty The report calls for decisive action from all stakeholders—across the supply, demand, and distribution value chain, and in both public and private sectors—to ramp up efforts in transforming energy systems.
News Inc.Arabia Staff Meta Launches Llama Impact Innovation Awards Applicants are encouraged to demonstrate how their projects utilize Llama 2 or Llama 3 to address challenges in various sectors.
News Inc.Arabia Staff Saudi Tourism Authority Debuts at Cannes Lions Saudi Vision 2030 has been cited as the driving force behind the kingdom's ambitions to become the gaming capital of the world.
News Inc.Arabia Staff Tesla Shareholders Approve Elon Musk's Massive Pay Package Musk’s compensation exceeds the total revenue of Tata Motors reported at $52.44 billion for the financial year 2023-2024 (FY24).
News Inc.Arabia Staff Snap Inc. Launches Advanced AI Tools for Augmented Reality Snap plans to expand its AR capabilities to full-body experiences, such as generating new outfits, which are currently challenging to create.
AI Everything Inc.Arabia Staff OpenAI Could Become For-Profit Corporation: Reports The discussions are ongoing, and no final decision has been made.
AI Everything Inc.Arabia Staff UAE AI Office, Samsung Partner to Advance AI Education Participants will receive a certificate from the UAE Office of AI.
News Inc.Arabia Staff Polynome Launches $100 Million AI Startup Fund The announcement was made at the AI Retreat organized by the Dubai Centre for AI Applications.
News Inc.Arabia Staff Nvidia Becomes World's Most Valuable Stock Nvidia's market capitalization pushed up beyond $3.33 trillion.
News Inc.Arabia Staff ISSF Invests $2 Million in VentureSouq Fund II The ISSF was co-founded in 2017 by the World Bank and the Central Bank of Jordan to provide direct or venture capital fund investments to assist Jordanian companies.
News Inc.Arabia Staff Dell, Presight Partner to Back UAE's Digital Transformation The collaboration aims to leverage advanced infrastructure solutions to accelerate the adoption of artificial intelligence (AI) and big data across the region.
News Inc.Arabia Staff Qstay Raises $4.6 Million in Pre-Series A Round Qstay is licensed by Dubai Department of Tourism Commerce & Marketing (DTCM).
AI Everything Inc.Arabia Staff Dubai Police Integrates AI into 29 Administrative Operations AI is also being integrated into the "Vehicle History Record," allowing buyers to access a vehicle's accident history and providing a clear picture of its mechanical condition before purchase.
News Inc.Arabia Staff NOW Money Secures $4 Million for Expansion NOW Money was established in 2015 by Ian Dillon and Katharine Budd.
AI Everything Inc.Arabia Staff UAE Launches Initiative to Equip Teachers with AI Skills Teachers in Dubai will receive top-tier training on using advanced applications and integrating AI tools to improve educational outcomes.
News Inc.Arabia Staff Rio de Janeiro Hosts FII PRIORITY Summit Brazil will host the United Nations Climate Conference in 2025.
AI Everything Inc.Arabia Staff Elon Musk Withdraws Lawsuit Against OpenAI There's a court hearing scheduled in San Francisco on June 13th to discuss the defendants' request to drop the case.
AI Everything Inc.Arabia Staff Dubai to Host AI Retreat Event Annually During the retreat, Sheikh Hamdan also met with the newly appointed 22 Chief AI Officers (CAIOs) of Dubai’s government entities.
News Inc.Arabia Staff i'SUPPLY Concludes Its Pre-series A Round The company’s integrated network serves over 10,000 pharmacies and collaborates with more than 200 distribution businesses.