Technology

Saudi Arabia’s ICT spending to reach $37.5 billion in 2024

According to experts, the Kingdom is the region's fastest-growing IT market

Dubai’s DMCC hosts trade roadshow in Japan to drive growth in Web3, AI and gaming

DMCC is home to 83 Japanese companies, constituting over 24 percent of Japanese firms in the country

ADGM, Hacken partner to set new benchmarks for blockchain security and compliance

The agreement seeks to develop security standards and on-chain monitoring solutions within ADGM's DLT Foundations framework

Samsung and Google to team up for next-level AI

Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones

Egypt, Italy to establish AI hub in Cairo to serve Africa

Egypt's strategic location positions it as a key partner in AI development in Africa

Abu Dhabi’s ADQ, Oman Investment Authority launch $180 million technology-focused fund

Jasoor Fund propels digital transformation and technological advancement across the region

Google and Meta unveil their Nvidia challengers

Custom AI chips can give Nvidia headaches

Dubai announces global AI prompt engineering championship with over $272 million prize pool

The competition seeks to showcase AI's future skills, attract top talents

Japan to commit $468.5 million to build supercomputers for domestic AI development

Japan’s ministry aims to promote domestic development of GenAI by upgrading the country's computing infrastructure

Kuwait, Boeing launch technical entrepreneurship complex to empower Kuwaiti entrepreneurs

The complex enables Kuwaiti youth's access to digital systems, labs, programs

Microsoft invests $1.5 billion in Abu Dhabi’s G42 to accelerate AI development, global expansion

As part of the agreement, Brad Smith, Vice Chair and President of Microsoft, will join the G42 board of directors

Seamless Middle East, Arab League renew partnership to develop region’s digital economy

Collaboration strengthens efforts to propel Arab world's digital economy forward

Banking beyond borders: How technology is bridging the gap for the financially excluded

Harnessing data analytics, machine learning and AI to empower underserved communities

Space economy set to triple to $1.8 trillion by 2035, WEF’s new report reveals

Private sector investment in space reached an all-time high of $70 billion in 2021 and 2022

Crypto firm Ripple to launch U.S. dollar stablecoin, targeting $150 billion market

This move puts Ripple in competition with Tether and Circle in stablecoin market

Will Google introduce a paid subscription option for its AI-powered search engine?

Introduction of charges would mark the first time users pay for enhancements to Google’s core search product

PIF-owned SITE teams up with Korea’s AhnLab for advanced cybersecurity solutions in Saudi Arabia

SITE will hold a 75 percent stake in the local joint venture to be set up in the Kingdom

Why AI chip maker Nvidia can’t afford to rest on its laurels

AI isn’t going anywhere; and neither is Nvidia's competition

76 percent of MENA residents believe living in a smart city would make them happier: Report

Smart and connected buildings and homes emerge as top priorities for MENA residents

UAE, Kenya to forge digital corridor, partner on AI, data centers, and digitalization

The data center projects will boast a total capacity of up to 1,000 megawatts

Dubai Trade platform to integrate AI for smoother supply chain networks

Since its launch in 2003, the Dubai Trade platform has completed over 300 million transactions

Apple to reveal new AI strategy at Worldwide Developers Conference on June 10

Tech giant to showcase innovations and proactive features aimed at revolutionizing user experience