A recent YouGov survey commissioned by SAP found that 94% of enterprises in the UAE believe that artificial intelligence (AI) will be a crucial factor in driving long-term business growth. Nearly half of the surveyed businesses, specifically 49%, anticipate significant returns on their AI investments within the next one to two years. This growing optimism...
The Dubai Corporation for Tourism and Commerce Marketing, known as Visit Dubai, has announced the launch of the Beautiful Destinations Academy, Powered by Dubai. This innovative professional development initiative aims to establish new global standards for travel content creation and respond to the growing need for skilled marketing talent in the tourism sector. Issam Kazim,...
Abu Dhabi National Energy Company (TAQA) has officially announced its acquisition of the UK-based energy and utility investment platform, Transmission Investment (TI). This platform is known for its significant role in the offshore transmission (OFTO) market, particularly for its assets that connect offshore wind farms to the UK electricity grid. TI currently manages assets worth...
Abu Dhabi’s Mubadala Investment Company announced on Thursday that it will acquire a minority stake in UK private school operator Nord Anglia Education for $600 million. This investment is part of a global consortium led by the Swedish private equity firm EQT, which includes notable investors such as Neuberger Berman, Canada Pension Plan Investment Board,...
Lebanon’s Minister of Artificial Intelligence, Kamal Shehadi, has stated that an investment of $50 million could significantly transform the government and enhance its accountability. In an interview with The National, Shehadi explained that this funding would be directed towards establishing a national ID system, digitising payment processes, and developing the necessary infrastructure for artificial intelligence....
The Federal National Council (FNC) has approved recommendations aimed at enhancing the content of national media in the United Arab Emirates. These recommendations focus on deepening media content and increasing its role in strengthening national identity. Credit: WAM The approved suggestions are intended to improve the quality of media coverage and ensure that it reflects...
CyberKnight Technologies has announced a strategic partnership with Scanwave to enhance Governance, Risk, and Compliance (GRC) solutions across the Middle East, Turkey, and Africa (META). The global IRM market is projected to grow to $19.4 billion by 2027, driven by rising regulatory complexity and the push for digital transformation. The collaboration aims to bolster cyber...
Dubai Investments, a diversified company listed on the Dubai Financial Market, is preparing to sell stakes in four of its subsidiaries through initial public offerings (IPOs), as stated by Khalid Bin Kalban, the company’s vice chairman and CEO. He announced the intention to launch one IPO each year, following thorough internal and external evaluations of...
The inaugural ‘Sharjah NYU SPS Executive Publishing Program’ is taking place for the first time outside the United States, providing professionals in the publishing sector with valuable insights into global market dynamics. This event, hosted by the Sharjah Book Authority in collaboration with the NYU School of Professional Studies, is being held at the American...
GOTECH 2025, a conference in the oil and gas sector, is set to take place in Dubai from April 21 to 23. The event will focus on the theme “Towards a Digital and Sustainable Future of Energy,” bringing together global leaders, innovators, and experts to discuss the emerging trends and challenges in the energy landscape....