Muhammad Umair Saeed, the founder of Innovation Business Machine (IoBM), is positioning the Middle East as a leading hub for digital security in the post-quantum era. Known as a visionary billionaire, Saeed is developing a unique three-layer cybersecurity system, which is the first of its kind globally, according to Gulf Today. This system is designed...
OPEC+ is set to hold a meeting on May 5, where eight member countries will discuss the plan for oil output in June. Some members are proposing to accelerate oil output increases for a second consecutive month, following a significant rise in May. In April, oil prices fell to a four-year low due to factors...
As reported by MSN, Ahmad Jamal, the Regional Director of Artificial Intelligence Solutions at NVIDIA, stated that the UAE has made significant progress in establishing itself as a global and regional hub for artificial intelligence (AI). He highlighted that the nation has moved beyond merely investing in infrastructure and technologies to a phase where it...
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum met with PayPal’s President of Global Markets, Dan Schulman, to congratulate the company on the opening of its new regional hub in Dubai Internet City. This hub is expected to enhance PayPal’s operations in the Middle East, North Africa, and South Asia. During the meeting,...
The Dubai Roads and Transport Authority (RTA) has announced a comprehensive Artificial Intelligence (AI) strategy aimed at significantly improving travel efficiency in the city. On April 23, 2025, the RTA revealed plans to implement a total of 81 projects and initiatives over the next five years, targeting a reduction in travel time across Dubai by...
Dubai International Airport has made a significant advancement in air travel by launching a new AI-powered passport control system. This system allows some passengers to completely bypass traditional identity verification steps, enhancing the overall travel experience. The new service, called ‘Unlimited Smart Travel,’ was unveiled by the General Directorate of Residency and Foreigners Affairs (GDRFA)...
Swank Development, a European real estate developer, has unveiled its latest residential project, the “Selora Residences,” located in Mohammed Bin Rashid City, Meydan. This luxurious development features an exclusive community consisting of 30 standalone villas, offering a range of four to six bedrooms, with prices starting at Dh9.1 million. Each villa within the Selora Residences...
Expo City Dubai recently hosted the region’s first femtech hackathon. This event gathered developers, entrepreneurs, healthcare professionals, and students with the goal of creating technology-based solutions for women’s health. The hackathon focused on various topics, including fertility, reproductive care, mental health, and menopause, challenging participants to explore how technology can enhance support for women throughout...
stc Bahrain has announced the opening of applications for its InspireU accelerator program, aimed at supporting local startups with funding, training, and resources to help them scale their innovative ideas into successful regional ventures. This initiative is part of stc Bahrain’s commitment to nurturing entrepreneurial talent within the country. The InspireU program, which is overseen...
Africa and the Middle East are projected to install a total of 2.9 gigawatts (GW) of new onshore wind capacity in 2025, as reported by the Global Wind Energy Council (GWEC). The council’s annual ‘Global Wind Report 2025’ indicates that Africa is expected to contribute 1.6 GW to this total, while the Middle East aims...