During a recent panel discussion at the World Economic Forum (WEF) annual meeting in Davos, Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, underscored the UAE’s pivotal role in transforming global trade. The discussion centered on the theme “Hacking Trade and Investment,” where Al Zeyoudi elaborated on how the UAE...
Abu Dhabi and Dubai are set to become closer than ever with the announcement of a high-speed rail project that will reduce travel time between the two cities to just 30 minutes. The project, revealed during a ceremony at Al Fayah Station and organized by Etihad Rail, was attended by His Highness Sheikh Khalid bin...
Artificial Intelligence (AI) is increasingly becoming a part of our daily lives, influencing various sectors in ways we might not always recognize. While the arrival of computers once sparked fears of job loss, history shows that they have created new roles, such as computer engineers and IT specialists. Now, AI is stepping into the spotlight,...
The taxi sector in Dubai has undergone significant development over the past year, primarily due to the Roads and Transport Authority’s (RTA) strategy to shift towards electronic booking. This initiative has not only fostered sustainability but also improved traffic flow by encouraging riders to adopt this modern technology. According to Adel Shakri, Director of Planning...
The Abu Dhabi Investment Office (ADIO) has announced a multi-year partnership with NIP Group Inc. (NASDAQ: NIPG), a prominent gaming and esports company, to enhance the growth of gaming, media, and entertainment in Abu Dhabi. This landmark five-year agreement will see NIP Group establishing its global headquarters in the emirate, which is expected to create...
Oracle has announced a major expansion of its investment in Abu Dhabi, increasing its commitment fivefold to meet the rising demand for artificial intelligence (AI) and cloud services in the UAE. Nick Redshaw, Oracle’s senior vice president for technology cloud and UAE country leader, shared the news during Oracle CloudWorld in Dubai, according to The...
The UAE is rapidly establishing itself as a global hub for digital assets and blockchain technology, according to economist Dr. Abdul Rahim Al-Farhan. According to Khaleej Times, he highlighted that the country’s flexible regulatory policies, advanced digital infrastructure, and significant investments from global companies position it as a prime destination for cryptocurrency investors. Dr. Al-Farhan...
Bahrain-based Arcapita has joined hands with New York’s Parkway Venture Capital to invest in a portfolio of fast-growing artificial intelligence (AI) companies. This move comes as the global demand for transformative AI technologies continues to rise. The portfolio includes notable players like Figure AI, which creates AI-powered humanoid robots and collaborates with industry giants such...
The Abu Dhabi Government has launched the “Abu Dhabi Government Digital Strategy 2025-2027,” marking a significant step towards establishing an AI-driven government. This initiative, overseen by the Department of Government Enablement – Abu Dhabi (DGE) and in collaboration with various government entities, aims to position Abu Dhabi as a leader in global digital governance. The...
ADNOC Distribution has announced the launch of the second phase of its service station solarisation programme in collaboration with Emerge, a partnership between Masdar and the EDF Group. This initiative is designed to finance, design, install, and maintain solar photovoltaic (PV) panels at service stations across ADNOC Distribution’s network in the UAE. The programme aims...