Oracle has announced a partnership with UAE-based technology firm Open Innovation AI to enhance the adoption of sovereign AI solutions across the EMEA region. This collaboration aims to assist both public and private sector organizations in leveraging sovereign AI effectively while ensuring compliance with local regulations and data security standards. Open Innovation AI will utilize...
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has successfully concluded the third cohort of its National Digital Talent Incubator (NDTI)® program. This initiative reinforces Dubai’s reputation as a global hub for FinTech and is supported by a network of esteemed industry partners, including DIFC Innovation Hub,...
ManageEngine, a division of Zoho Corporation, has announced the transformation of its Log360 solution into a unified security analytics platform. This evolution aims to simplify security operations and enhance investments in security technologies. By integrating open APIs and fostering a developer ecosystem, ManageEngine seeks to provide enterprises, system integrators, and managed security service providers with...
AIQ, a subsidiary of Presight, has announced a significant $340 million contract with the Abu Dhabi National Oil Company (ADNOC) to implement its ENERGYai solutions across ADNOC’s upstream operations. This landmark agreement follows the successful completion of a proof-of-concept phase and aims to enhance optimization and efficiency within ADNOC’s upstream value chain over the next...
Dubai’s Roads and Transport Authority (RTA) has introduced the next-generation 360 Services Policy, which aims to transform customer experience by providing integrated, seamless, and proactive digital services without the need for in-person visits. This initiative marks a significant advancement in RTA’s digital transformation efforts, shifting services towards self-service models accessible through platforms such as the...
The Qatar Computing Research Institute, part of Hamad Bin Khalifa University, successfully hosted the MenaML Winter School on Machine Learning for 2025. This event attracted 141 local and international university students, alongside specialists in the field, to participate in a six-day intensive program aimed at equipping them with essential skills in artificial intelligence (AI). Participants...
UAE-based healthtech company Klaim has successfully raised $26 million to enhance its payment solutions for the healthcare sector. The funding includes $10 million from a Series A equity round, supplemented by an additional $16 million in financing. The newly acquired funds will facilitate Klaim’s expansion into markets such as the UAE, Saudi Arabia, and Oman....
Dubai’s Roads and Transport Authority (RTA) is making strides in its digital transformation by shifting its services to self-service models. This change allows customers to access various services through shared digital platforms, notably the “Dubai Now” app. Mattar Al Tayer, the Director General and Chairman of the Board of Executive Directors of RTA, announced the...
Online broker WRPRO has experienced notable growth in recent years, achieving a trade volume of $600 billion (Dh2.2 billion) in 2024. Early data from the first quarter of 2025 suggests this trend will continue, with a potential 25% increase leading to a total trade volume exceeding $750 billion by year-end. This growth highlights the importance...
Thuraya Mobile Satellite Communications Company, part of Abu Dhabi’s Space42, is venturing into the smartphone sector with its new Thuraya One Android 14 device. The company aims to tap into a global market for satellite-capable smartphones that could reach a value of $15 billion by 2033. Thuraya, which has operated in the satellite sector since...