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...
Snap Inc. is putting a lot more money into the Middle East with the goal of helping the next generation of Augmented Reality (AR) makers. This project is happening at the same time as the Web Summit Qatar 2025. At that event, Snap wants to improve AR capabilities across the MENA area. Over 85% of...
Advanced Integrated Technology (AIT), a branch of the UAE-based Streit Group, showed off the Sea Drone at IDEX 2025. It is a quadcopter made for bad weather. This new drone can fall on water and is resistant to snow, rain, salt fog, and fine dust, so it can be used in both coastal and desert...
Ellucian, a leading provider of technology solutions for higher education, has announced the availability of its Ellucian Banner Software as a Service (SaaS) on the Amazon Web Services (AWS) node in the United Arab Emirates (UAE). This development enables higher education institutions in the Middle East to utilize a cloud-based Student Information System (SIS) powered...
Space42, a UAE-based SpaceTech company, has announced a partnership with FADA, an entity of the EDGE Group that focuses on enhancing the UAE’s geospatial analytics capabilities. This collaboration is valued at AED 378 million ($102.91 million) and aims to improve the country’s Earth Observation (EO) downstream capabilities across various sectors over the next five years...
du has made history as the first telecom operator in the UAE to commercially launch 5G Voice over New Radio (VoNR) and to secure full certification from major handset manufacturers for compatibility with its 5G Standalone Access (5G SA) network. With one of the most extensive 5G mobile networks in the UAE, du offers wide...