 |
Presight snaps up 51pc stake in Abu Dhabi tech venture AIQPresight AI Holding (Presight), an Abu Dhabi-listed company, has announced that it has reached an agreement with AIQ, a disruptive advanced technology pioneer, for a major stake in the company. AIQ is a joint-venture between global energy leader Adnoc an More… |
 |
UAE teleco e& net profit up 7pc in Q1; revenue soars to $3.8bnLeading UAE telecom services company e& has reported consolidated revenue of AED14.2 billion ($3.86 billion) for the first quarter of 2024, up 9% year-on-year, while its consolidated net profit surged by 7% to hit AED2.3 billion ($626 million). Announcing More… |
 |
Madayn completes fibre optic project in Al RusaylOman’s Public Establishment for Industrial Estates (Madayn) has successfully completed connecting fibre optic network throughout Al Rusayl Industrial City in cooperation with Omantel. This project marks a significant step towards transforming the i More… |
 |
WEF charts path to renewed dialogue, collective actionAmid rising geopolitical tensions and a deepening North-South divide, the World Economic Forum (WEF) has assembled 1,000 global leaders and experts to chart a collective course towards a more stable, sustainable and inclusive future. The Special Meeting on Glo More… |
 |
Constructor Capital opens Abu Dhabi officeThe Constructor Capital, a science-based VC fund investing in startups, in software and deep technology founded by entrepreneur Serg Bell, has set up operations in the Abu Dhabi. The fund is part of Constructor Group, a science, education, and technology More… |
 |
du Q1 revenue rises 4.1%; profit up 62.7%Emirates Integrated Telecommunications Company’s (du) revenues increased by 4.1% to AED3.58 billion ($$974 million) in Q1 2024, reflecting its continuous commercial momentum and market competitiveness. EBITDA soared by 16.2% to AED1.59 billion More… |
 |
MoIAT launches MIITE Startup Pitch CompetitionThe Ministry of Industry and Advanced Technology (MoIAT) has launched the Make it in the Emirates (MIITE) Startup Pitch Competition for local and international technology companies. The firms would be specialising in artificial intelligence, 3D printing and decarbonisation in the industrial s More… |
 |
Saudi Arabia to launch a Centre for Space FuturesThe World Economic Forum has signed an agreement with the Saudi Space Agency to establish a Centre for the Fourth Industrial Revolution (C4IR) focused on space. The Centre for Space Futures, set to open in autumn 2024, will be hosted by the Saudi Space Agency. More… |
 |
AspenTech Strategic Planning for green pathways unveiledAspen Technology has introduced AspenTech Strategic Planning for Sustainability Pathways that aims to guide companies in carbon capture utilisation and storage decision making and sustainability strategy investments. The AspenTech Strategic Planning solu More… |
 |
AstroLabs unveils AI-powered consultant chatbotAstroLabs, a leading business expansion platform, has announced the launch of Najm, the first AI-powered Saudi expansion consultant chatbot. The AI technology is designed to offer customised assistance by providing timely, accurate insights, allowing use More… |
