UAE Leads in AI Adoption: 65% IT Professionals Report Rapid Implementation

UAE Leads in AI Adoption: 65% IT Professionals Report Rapid Implementation

The United Arab Emirates (UAE) is at the forefront of adopting artificial intelligence (AI) in the Middle East, propelled by several government initiatives, as revealed in an IBM study. The IBM Global AI Adoption Index 2023 has highlighted that a significant 65% of IT professionals in the UAE reported a marked acceleration in AI implementation …
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In5 Start-Ups in Dubai Internet City Achieve Remarkable Dh3 Billion Fundraising

In5 Start-Ups in Dubai Internet City Achieve Remarkable Dh3 Billion Fundraising

Start-ups based in In5, a prominent platform fostering innovation and entrepreneurship, have successfully raised a staggering Dh3 billion, as revealed by Ammar Al Malik, Executive Vice President for Commercial at Tecom Group. In5, situated in Dubai Internet City and operated by Tecom Group, has played a crucial role in nurturing over 850 enterprises since its …
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Middle East CEOs Embrace AI for a Bright Economic Future

Middle East CEOs Embrace AI for a Bright Economic Future

In a clear signal of optimism and forward-thinking, CEOs in the Middle East are increasingly confident about economic growth in the coming years, with a significant shift in their outlook towards the integration of artificial intelligence (AI) in business operations. According to the 2024 CEO Insights Study by Arthur D. Little, 61 percent of CEOs …
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DIFC's Data Protection Law: A New Era of Privacy in Healthcare

DIFC’s Data Protection Law: A New Era of Privacy in Healthcare

In an age where technological advancements and data proliferation are at an all-time high, the importance of data protection has never been more pronounced. With the rise of data breaches, the safeguarding of confidential information has become a paramount concern, particularly in the healthcare sector. The Dubai International Financial Centre (DIFC) has responded to this …
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Europe Nears a Milestone in AI Regulation with Lawmakers' Endorsement

Europe Nears a Milestone in AI Regulation with Lawmakers’ Endorsement

Europe is on the brink of making history in the field of artificial intelligence (AI) regulation. On Wednesday, the continent edged closer to adopting the world’s inaugural AI-specific rules, a significant step considering the rapid proliferation of AI technologies in various sectors and daily life. This momentous development followed the EU lawmakers’ endorsement of a …
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Vijay Launches TVK App : A Digital Push for Tamilaga Vettri Kazhagam

Vijay Launches TVK App : A Digital Push for Tamilaga Vettri Kazhagam

Vijay’s Digital Leap: Launching TVK’s Membership App to Empower Tamil Nadu Politics In Chennai, Tamil Nadu, renowned Kollywood actor and leader of the Tamilaga Vettri Kazhagam (TVK) party, Vijay, made headlines with the launch of a mobile application designed for registering TVK party members. This initiative, introduced on Friday, marks a pivotal advancement in TVK’s …
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e& Commits $6 Billion to Enhance Digital Infrastructure in 16 Countries

e& Commits $6 Billion to Enhance Digital Infrastructure in 16 Countries

UAE-based telecom and technology giant e&, previously known as Etisalat Group, has announced a significant investment of $6 billion to advance digital infrastructure across 16 countries. This ambitious initiative, slated for execution between 2024 and 2026, was revealed at the Mobile World Congress in Barcelona. The commitment, part of the International Telecommunication Union’s Partner2Connect Digital …
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Nvidia H100: The Revolutionary Chip Fueling AI's Meteoric Rise

Nvidia H100: The Revolutionary Chip Fueling AI’s Meteoric Rise

In a dramatic shift from the norm, a graphics processing unit (GPU) by Nvidia Corp., known as the H100, released in 2023, has become a transformative force in the world of business and technology. This chip has not only catapulted Nvidia’s value by over $1 trillion but has also positioned the company as a pivotal …
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in5 Startups Experience a Remarkable 25% Funding Increase in 2023

in5 Startups Experience a Remarkable 25% Funding Increase in 2023

Tecom Group’s incubator in5 has reported a significant 25 percent increase in funding raised by its startups since its inception, highlighting Dubai’s growing role as a hub for nurturing homegrown innovation. The surge, amounting to Dh3 billion last year, underscores the heightened interest in the city’s burgeoning enterprises, propelled by government strategies aimed at enhancing …
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Saudi Firm Alat Sets Dh367 Billion Investment for Tech Enhancement in Line with Vision 2030

Saudi Firm Alat Sets Dh367 Billion Investment for Tech Enhancement in Line with Vision 2030

Alat, a Saudi industrial electronics company, is taking a significant leap forward in technology enhancement by forging partnerships with four global technology giants: Softbank Group, Carrier Corporation, Dahua Technology, and Tahakom. This strategic move, announced in a press release on Tuesday, aligns with Saudi Vision 2030’s goal of reducing emissions and transitioning to zero-carbon manufacturing. …
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