The UAE has been ranked first in the Arab world in a new AI Maturity Index, which evaluates countries’ readiness for artificial intelligence. This finding comes from the latest report by the online learning platform Coursera. The 2025 Global Skills Report highlights several factors that contributed to the UAE’s top ranking, including the announcement of...
Abu Dhabi-based venture capital fund EQIQ is making significant strides in Iraq’s technology sector, planning to double its fund size from $15 million to $30 million by the end of the year. This ambitious move comes as the country experiences a surge in entrepreneurial activity, particularly in areas like FinTech, e-commerce, and logistics. Mohamed Al...
In a move to solidify its status as a global hub for future technology development, the UAE Government has introduced the Chief AI Officers’ Training Programme. This initiative is spearheaded by the Office of Artificial Intelligence, Digital Economy, and Remote Work Applications and is being conducted in collaboration with the University of Birmingham in Dubai....
The UAE economy is experiencing a significant transformation in investor behavior, predominantly driven by a digital youth demographic. This group engages with the markets through smart applications and financial influencers, amidst a surge of economic news. Despite their high technical skills, there is a concerning gap in their foundational knowledge of risk management and making...
Astra Tech, a consumer technology holding group based in the UAE, has officially launched the ‘Send Now, Pay Later’ (SNPL) feature within its Botim Ultra App. This new feature allows users to remit up to AED 5 000 instantly to over 200 countries, with the option to repay the amount over six months. The SNPL...
Saudi Arabia’s Crown Prince, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, announced the launch of HUMAIN, a company owned by the Public Investment Fund (PIF). This new entity will operate across the artificial intelligence (AI) value chain as a unified operating company, aiming to streamline various data center initiatives and accelerate...
The United Arab Emirates (UAE) and Bahrain have initiated the implementation of their bilateral Investment Promotion and Protection Agreement. This agreement officially came into effect on Thursday, May 8, after both countries completed the necessary legal procedures. This pact emphasizes the strong fraternal ties and the growing economic partnership between the two nations. It reaffirms...
Abu Dhabi, United Arab Emirates, is set to host the inaugural Governance of Emerging Technologies Summit (GETS 2025) on May 5-6 at the St. Regis Saadiyat Island Resort. This significant event is organized by the Advanced Technology Research Council (ATRC) in strategic partnership with the UAE Public Prosecution and is under the esteemed patronage of...
stc Bahrain has announced the opening of applications for its InspireU accelerator program, aimed at supporting local startups with funding, training, and resources to help them scale their innovative ideas into successful regional ventures. This initiative is part of stc Bahrain’s commitment to nurturing entrepreneurial talent within the country. The InspireU program, which is overseen...
The United Arab Emirates (UAE) is dedicated to speeding up the development and adoption of artificial intelligence (AI) over the next decade. His Excellency Omar Sultan Al Olama, the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, emphasized this commitment during the opening keynote at the Dubai AI Retreat. He stated...