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Abu Dhabi launches tech fund for developing countries.

Abu Dhabi has launched a $200 million tech investment platform that it hopes will help developing countries catch up with wealthier nations. The emirate’s Advanced Technology Research Council…

Dubai to have flying taxi services by early 2025…

New York Stock Exchange-listed Joby Aviation plans to soft launch air taxi services in Dubai by early 2025. The vertical take-off and landing (VTOL) aircraft maker signed an agreement with…

Neom announces exclusive beach club Xaynor.

Saudi Arabia’s mega-city Neom has launched its latest development – Xaynor, an exclusive private beach club on the Gulf of Aqaba for “the most fascinating people in the world”…

Expansion of Jeddah Islamic Port complete.

The Saudi ports authority said this week it had completed a SAR1 billion ($270 million) expansion of Jeddah Islamic Port as tensions in the Red Sea continue. The project to deepen and expand the…

AI will transform the global Economy.

Nvidia co-founder Jensen Huang’s wealth has surged as a blistering rally in AI-related stocks pushed the chipmaker’s market value above Amazon’s for the first time…

Solutions by STC completes $79m acquisition of Devoteam Middle East.

Saudi Arabia’s Digital reach extends globally, with the Arabian Internet and Communications Services Co. acquiring a 40 percent stake in Devoteam Middle East. The investment, totaling SR296.69…

The Saudi Ministry of Interior displays the first smart security car that monitors violations and identifies wanted persons.

On Sunday, The Saudi Ministry of Interior displayed, in its pavilion at the World Defense Exhibition 2024, the first electric security vehicle equipped with artificial intelligence technologies…

Google Enables eSIM Transfer Feature While Setting Up Android Smartphones.

Google has enabled support for transferring eSIMs an embedded, digital SIM that can be used to activate a mobile plan across Android smartphones, according to a report. The feature first appeared when…

Ambitious vision for sector unveiled at Real Estate Future Forum.

The Real Estate Future Forum kicked off at Four Seasons Hotel Riyadh on Monday with an air of enthusiasm and determination with the presence of the Minister of Municipal & rural affairs Mr.Majid…

King Saud University granted US cybersecurity patent for electric cars.

King Saud University (KSU ) in Riyadh has been granted a patent in the US for software that protects the computer systems of electric cars when linking to charging stations. The invention is named the…

$5bn mega dam project to create artificial lakes in Trojena project.

Italian contractor WeBuild has been awarded a contract worth an estimated SR20 billion ($5 billion) to build dams to create an artificial lake at the center of NEOM’s Trojena project, it was…

“Modon” Saudi Arabia launches 10 new development projects worth $143 million.

The Saudi Authority for Industrial Cities and Technology Zones “Modon” announced the launch of 10 new development projects in 6 industrial cities with a value exceeding 538 million riyals…