A new study shows that Dubai Internet City has had a big effect on the city’s income over the past 15 years, adding AED 100 billion to the city’s GDP. This conclusion comes from an impact study that was done with Accenture and included opinions from several top leaders in the ICT (information and communications...
Mindbase Education is actively working to shape well-rounded individuals by supporting students throughout their academic and professional journeys. The institution focuses on integrating academic learning with sports training to prepare students for success in an ever-evolving world. Since its establishment in 2021, under the guidance of Tariq Al Obaidli, Mindbase Education has expanded its vision...
In an effort to draw in international business owners, financiers, investors, and talented professionals, the United Arab Emirates (UAE) has created a new visa category called the Business Opportunities Visa. For a maximum of 180 days, this visa permits eligible individuals to travel to the United Arab Emirates, where they can investigate investment prospects, conduct...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Italian Minister of Defence Guido Crosetto on Wednesday, during the International Defence Exhibition (IDEX) in Abu Dhabi. The two leaders discussed defence cooperation between the United Arab Emirates and Italy, emphasizing the importance of IDEX as a major global platform for defence companies and...
Energy trader and gas carrier owner BGN has successfully doubled its revolving credit facility to $232.5 million, receiving support from the Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB). This significant increase in funding reflects the strong confidence from lenders in BGN’s operations and growth potential. The original facility was set at...
The Virtual Assets Regulatory Authority (VARA) in Dubai gave Mantra Finance a permission to be a Virtual Asset Service Provider (VASP). This important development allows Mantra Finance to expand its operations in the UAE and the wider MENA region, positioning itself as a key player in the digital asset market. Now that Mantra Finance has...
Databricks, a leader in data intelligence, has announced a plan to invest up to $300 million in the Kingdom of Saudi Arabia over the next five years. This investment aims to help the growing local customer base integrate data, analytics, and AI through the Databricks Data Intelligence Platform. During the LEAP 2025 conference, Databricks unveiled...
The Abu Dhabi Department of Municipalities and Transport (DMT) has launched a digital edition of its Legislation Encyclopedia, providing a valuable resource for stakeholders, customers, and the general public. This comprehensive digital encyclopedia includes all legislations pertinent to the Department’s responsibilities and operations. The digital encyclopedia aims to enhance legal awareness and consolidate legal references....
Many teachers in the UAE are still hesitant to use Artificial Intelligence (AI) in classrooms, citing concerns about its impact on learning, ethical challenges, and insufficient training. Experts are now urging educational institutions to invest in AI literacy programs to help teachers adapt to this evolving technology. According to Khaleej Times, Ebrahim Al Hajri, President...
Microsoft has introduced Majorana 1, the world’s first quantum chip built on a pioneering Topological Core architecture. The company says this breakthrough could deliver industrial-scale quantum computing solutions within years, reshaping industries from healthcare to manufacturing. The Majorana 1 chip uses topoconductors, a revolutionary material capable of controlling Majorana particles, to create more stable and...