Researchers at the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) have introduced groundbreaking technology that enables users to create realistic virtual avatars in just seconds using a standard webcam. This innovation promises to revolutionize virtual communication by allowing individuals to interact as if they were physically present, capturing facial expressions and movements in real-time....
The United Arab Emirates (UAE) has ambitious plans to have half of the cars on its roads be electric by 2050. However, estimates from researchers at PwC suggest that by 2030, only 15% of vehicles in the country are expected to be electric. Heiko Seitz, the Global and Middle East eMobility leader at PwC Middle...
Motorola Mobility has announced a strategic partnership with e& UAE, the telecom arm of the global technology group e&, aimed at enhancing enterprise mobility solutions for businesses in the UAE. This collaboration will bring the latest innovations in digital technology, data security, and mobile device management to various organizations throughout the region. The initiative is...
Royal Rapchee Entertainment has officially launched its innovative Over-The-Top (OTT) streaming platform, Royal Rapchee, in Dubai. This new platform represents a significant investment of Dh50 million from Royal Cut Investment, a well-known investment firm based in the UAE. Registered in the Dubai Department of Economic Development (DED) as Royal Rapchee Visual Recorded Media Distribution LLC,...
Dubai has reached a significant milestone by ranking 5th globally for FinTech in the latest Global Financial Center Index. This achievement underscores the city’s transformation into a leading global financial center, largely credited to the Dubai International Financial Centre (DIFC) and its efforts over the past 20 years. Additionally, Dubai’s overall ranking improved to 12th...
A team of researchers at the New York University Abu Dhabi (NYUAD) Space Exploration Laboratory has successfully developed a new lunar soil simulant known as the Emirates Lunar Simulant. This simulant closely mimics the properties of actual moon dust, allowing for critical testing ahead of the upcoming Emirates Lunar Mission and future lunar expeditions by...
ClearGrid has officially launched, emerging from stealth mode with $10 million in funding aimed at transforming the debt collection industry across the MENA region. This comes at a time when the region’s consumer lending market is valued at $500 billion and is facing increasing pressure from tightening consumer protection regulations. Traditional debt collection methods, characterized...
The Dubai Chamber of Digital Economy recently hosted a promotional roadshow in Canada to highlight the advantages of participating in the Expand North Star 2025 event. This initiative aimed to engage 350 Canadian startups, showcasing the diverse opportunities available in Dubai’s dynamic digital landscape. During the roadshow, officials emphasized how Expand North Star 2025 serves...
Cognite, an industrial software firm backed by Saudi Aramco, has launched its AI services center in Bengaluru, India. The company revealed plans to invest millions of U.S. dollars in India and aims to increase its investment in the region over time. Chief Strategy Officer Hakon Bjerke emphasized that Cognite is committed to this growth strategy....
The United Arab Emirates is making significant investments in developing its own artificial intelligence language models. This initiative aims to enhance digital sovereignty and stimulate economic growth within the nation. With these advancements, the UAE is positioning itself as a leader in the global AI landscape. The potential of AI language models, particularly Large Language...