Halo AI, a company focused on transforming brand and creator collaborations, has successfully closed a seed funding round of US$6 million. The funding round was led by Raed Ventures and Shorooq, and included participation from strategic investors such as former senior executives from Snapchat, leaders from Microsoft and Airbnb, as well as executives from Amazon...
The UAE’s Ministry of Energy and Infrastructure (MoEI) and Uruguay’s Ministry of Industry, Energy, and Mining have formalized their collaboration by signing a Memorandum of Cooperation. This agreement was made during the Abu Dhabi Sustainability Week 2025, marking a significant step towards enhancing bilateral relations in the energy sector. The memorandum was signed by Nawal...
The Dubai Centre for Artificial Intelligence (DCAI) has launched registrations for an innovative initiative called “One Million Prompters.” This program aims to train one million individuals in AI prompt engineering, marking it as the largest initiative of its kind. The goal is to equip participants with the necessary skills to master AI prompt technology and...
The global mobility industry is undergoing significant changes, with the car rental sector positioned as a key player in reshaping transportation for the future. As technology advances and consumer preferences shift toward sustainability, the industry is moving from a mere convenience for travelers to an innovative ecosystem that offers smart, flexible, and environmentally friendly solutions....
The UAE is experiencing a significant increase in its local medicine production, with expectations of a 40% growth in the coming year. This surge is anticipated to contribute to more affordable medicines across the country. Currently, more than 35 factories are operational nationwide, and the local production growth is driven by the rapid changes that...
Intelex Vision, a company focused on AI-driven video analytics for real-time surveillance, has successfully raised £5.6 million ($7.0 million) in a Series A funding round. This funding was supported by prominent investors including Acurio Ventures, Adara Ventures, and Inveready. The recent investment comes as Intelex Vision reports an impressive growth, with its revenues increasing 11...
The UAE is projected to see a substantial 13 percent net increase in consumer spending intentions for 2025, marking the highest growth rate globally, according to a study released on Monday. This contrasts sharply with global spending intentions, which are anticipated to decline by a net 12 percent, as reported in the 2025 Global Consumer...
On January 13, 2025, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, along with Anwar Ibrahim, the Prime Minister of Malaysia, witnessed the signing of a Memorandum of Understanding aimed at fostering joint investment in artificial intelligence (AI). This agreement...
The World Future Energy Summit 2025, a premier event focused on clean energy and sustainability, is currently underway at the Abu Dhabi National Exhibition Centre (ADNEC). Hosted by Masdar, the summit runs from January 14 to January 16, aligning with Abu Dhabi Sustainability Week. It promises high-level debates, innovative product showcases, and opportunities aimed at...
On January 13, 2025, the Ministry of Climate Change and Environment (MOCCAE) in Dubai organized the inaugural Agricultural and Veterinary Quarantine Forum. This event focused on reviewing scientific insights related to transboundary animal diseases and agricultural pests, as well as discussing strategies to prevent their entry into the UAE. The forum also aimed to promote...