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United Arab Emirates

UAE card payments to grow by 10.6% to $150b in 2025

GlobalData projects an annual growth rate of 9.6% between 2025 and 2029, leading to an estimated AED 814.7b by 2029

Artificial Intelligence

OpenAI becomes one of most valuable private firms with $6.6b funding

OpenAI's valuation rises from $14b in 2021 to $157b and to attain $3.6b in revenues this year

Cloud

Zoho in massive expansion drive across the Middle East

To open offices in Saudi Arabia, Egypt, South Africa, Israel, Nigeria, Kenya and other countries in the region

Consumer Tech

BlackBerry making a comeback to smartphone space in 2021?

BlackBerry’s branding partnership with TCL ended in February 2020. Sales...

Software

Microsoft to lay off 4% of global staff as profit margins face heat

More than 800 of the positions eliminated will be concentrated in the city of Redmond,, as well as in Bellevue, another Microsoft hub in its home state

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UAE and Saudi Arabia lead global shift towards sovereign AI

Reforma brings agentic AI to redefine patient care in UAE

Middle East joins AI race with Arabic-centric models

Nothing gets $200m to drive AI-enabled consumer hardware revolution

Reforma brings agentic AI to redefine patient care in UAE

Databricks valuation crosses $100b amid new funding on AI momentum

Dubai Chamber of Digital Economy revs up startup growth in first half

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Samsung, SK Hynix to supply memory chips to OpenAI’s Stargate project

Spotify to embrace a dual CEO structure from January

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Meta leaps into the next generation of smart glasses

US and China reach framework for US-controlled TikTok ownership

Nothing gets $200m to drive AI-enabled consumer hardware revolution

Bobby Mitra appointed CIO at Tata Electronics

Sally Wentworth named President and CEO of Internet Society

Pearson appoints Dave Treat as Chief Technology Officer

Cigna Healthcare names Leah Cotterill as Middle East and Africa CEO

Luxriot appoints Sandesh Kaup to spearhead India growth

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Contributor

Must read

UAE card payments to grow by 10.6% to $150b in 2025

OpenAI becomes one of most valuable private firms with $6.6b funding

Zoho in massive expansion drive across the Middle East

BlackBerry making a comeback to smartphone space in 2021?

Microsoft to lay off 4% of global staff as profit margins face heat

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