Regent, a US company specializing in electric passenger sea planes, has announced plans to secure additional orders for its prototype from clients in the UAE and Egypt by the end of May. The company is backed by the UAE defense firm Edge Group, which invested $250 million to support the development of Regent’s innovative aircraft...
His Highness Sheikh Tahnoon bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi and National Security Adviser, emphasized the importance of strengthening economic and technology partnerships with the United States during his recent discussions with members of the Trump administration. This meeting took place on Monday as part of Sheikh Tahnoon’s official visit to...
The Dubai Financial Services Authority (DFSA) has announced the opening of its Tokenisation Regulatory Sandbox, inviting firms to express their interest in participating. This initiative aims to support companies looking to offer tokenised investment products and services within the Dubai International Financial Centre (DIFC). Firms have until April 24 to submit their Expressions of Interest....
ORBCOMM, the world’s largest provider of dry and reefer container visibility solutions, has announced a partnership with Folk Maritime Services Company. This collaboration marks Folk Maritime as the first container shipping line in the Middle East to implement ORBCOMM’s smart container monitoring technology, which aims to enhance supply chain visibility and improve cargo protection for...
Khalifa University of Science and Technology has announced the launch of the first Cybersecurity Seminars programme in the Middle East. This initiative is developed in partnership with Google.org, the UAE Cyber Security Council, and CyberE71. The programme aims to enhance cybersecurity skill development and provide hands-on training to participants across the region. The university will...
Anthony Nakache, Managing Director of Google MENA, recently discussed the firm’s advancements in artificial intelligence focused on understanding the diverse Arabic dialects in the region. During an interview on the AB Majlis podcast, he revealed that Google’s Gemini AI has successfully mastered 16 out of 25 Arabic dialects, highlighting the complexity and challenge posed by...
Amana, a prominent neobroker based in the MENA region, has significantly expanded its cryptocurrency offerings, now featuring over 450 coins. This increase includes more than 300 new cryptocurrencies, making it the largest selection among local brokers. This development positions Amana as a leading platform for trading both digital and traditional assets in a single, user-friendly...
The Dubai Centre for Artificial Intelligence (DCAI) has launched the “Dubai AI Seal” to enhance trust in reputable artificial intelligence (AI) companies, positioning the city as a global leader in AI. This initiative aligns with the “Dubai Universal Blueprint for AI” and was introduced under the directives of His Highness Sheikh Hamdan bin Mohammed bin...
The Dubai AI Festival is returning for its highly anticipated second edition, scheduled for April 23 and 24, 2025, at Madinat Jumeirah, Dubai. This event is a key component of the inaugural Dubai AI Week, showcasing Dubai’s commitment to driving innovation and economic growth through artificial intelligence (AI). Organized under the directives of His Highness...
Fayafi Investment Holding has introduced a new proprietary algorithm called MEKKA, which stands for Market Emotional Knowledge & Kinetic Analysis. This announcement was made in Dubai, where Fayafi became the first UAE firm to issue a bankable certificate under the framework of the SIX Swiss Exchange. Created by Fayafi’s Executive President Dr. Patrick Pilati in...