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Economy Middle East Summit 2025
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Technology
Saudi Arabia
Huawei to help Saudi’s AI drive with new cloud data center
Huawei said it would invest $400 mn in Saudi’s cloud region over 5 years
Technology
Google 25 years later: Profitable and prosperous
Google/Alphabet is now worth more than $1.7 trillion.
Technology
This firm is availing an AI pitch deck generator absolutely free
Startups can improve their pitches and funding prospects
Technology
UAE hits new milestones amid global space exploration expansion
Emirati astronaut concludes mission, launches Dubai ruler's book in space
Technology
PCs on way back and mobiles in decline: IDC
AI PCs to breathe life into fading sales
Region
Global $64.5 million Classiscam targets brands in 15 MEA countries
threat actors create phishing pages in the Arabic language
Technology
UAE’s IT sector braces for 80 percent surge in hiring needs
Notable demand for AI and machine learning talents
Region
Middle East’s digital economy to grow from $180 bn in 2022 to $780 bn in 2030
UAE releases Arabic software that can power GenAI apps
Technology
X Hiring paves way for Musk’s everything app
There is a lot of catching to do with China’s WeChat
Technology
OpenAI sets sights on surpassing $1 bn in revenue
Company is demonstrating its remarkable financial prowess
Technology
AI startup Hugging Face attracted funding valuing it at $4.5 bn
Open-source AI is key
Bahrain
Bahrain witnesses over 2.2 mn egovernment transactions in H1 2023
Country to launch 300 smart factories in two years
Technology
Fines for data mismanagement over $1 bn by 2026
Mismanaged subject rights requests erode trust between organizations, customers
Bahrain
Binance Bahrain BSC launches crypto futures in that country
Local users eligible for USD-margined, coin-margined futures
Technology
Bottoms up: Bitcoin not staying at current price range
August has become BTC’s worst month of 2023
MENA
Cost of data breach in Middle East at all-time high
Finance sector hardest hit
Saudi Arabia
The Kingdom is hosting Seamless Saudi Arabia 2023
under the patronage of H.E. the Governor of the Saudi Central Bank
Technology
UAE partners with Mastercard to accelerate adoption of AI
Mastercard establishes a global centre for advanced AI, cyber tech in Dubai
Technology
Nvidia becomes first ever $1 trillion-dollar chip business
The company uplifted the shares of other Big Tech stocks
Technology
Using on-chain data to assess market risks, opportunities for crypto assets
New report unveils key metrics for smart investments
Saudi Arabia
Seamless Saudi Arabia and Fintech Saudi sign MoU
Forging long-lasting partnership
Technology
Al Masaood Technical Services and John Cockerill Services forge comprehensive partnership
To drive innovation in UAE's nuclear Industry
Oman
Oman to compete on crypto and smart tech in GCC
Homegrown startup establishing an 11 MW capacity pilot bitcoin mining site
Technology
Warehouse robots getting smarter, faster, delivering strong ROI
Robotics sector expected to hit $225 billion by 2030
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