Oman Unveils $779 Million Musstir Heights Luxury Project in Al Jabal Al Akhdar
Oman has announced the launch of the $779 million Musstir Heights luxury residential project in Al Jabal Al Akhdar, marking one of the major real estate developments revealed during the Oman Real Estate, Design & Build Exhibition and Conference 2026. The project, developed by Musstir Company, will be built within the mountainous region of Al…
Qatar Airways to Launch Flights to Caracas and Bogotá from July 22
Qatar Airways has announced the launch of new flight services to Caracas in Venezuela and Bogotá in Colombia starting from July 22, 2026, further expanding its network across the Americas. The airline said the new routes will strengthen connectivity between the Middle East and Latin America, while also improving travel options for passengers connecting through…
Ooredoo Group Reports $274 Million Profit as Revenue Continues to Grow
Ooredoo Group has reported strong financial results for the first quarter of 2026, with profits rising as demand for telecom and data services continued to grow across several Middle Eastern markets. The company announced that net profit attributable to shareholders increased by 5% compared to the same period last year, reaching more than QR1 billion…
Central Bank of the UAE Emergency Support Package Approaches $2 Billion Amid Regional Tensions
The emergency financial support package introduced by the Central Bank of the UAE has reached nearly $2 billion in assistance since its launch earlier this year in response to regional tensions linked to the Iran conflict. According to recent figures, loan repayment deferrals under the program have climbed to AED6.2 billion (approximately $1.7 billion). The…
Microsoft, Google and xAI to Allow Government Testing of AI Models Before Public Release
Major technology companies including Microsoft, Google, and xAI have agreed to share unreleased AI models with the U.S. government for testing before they are launched to the public. The initiative is aimed at reducing cybersecurity risks and improving safety as artificial intelligence systems become more powerful and widely used. The testing will be carried out…
Meta Acquires Robotics Startup to Strengthen Humanoid AI Development
Meta has acquired robotics startup Assured Robot Intelligence as part of its growing focus on humanoid artificial intelligence. The financial details of the deal were not disclosed. The acquisition highlights Meta’s increasing investment in robotics and advanced AI systems that can interact with the physical world. According to the company, Assured Robot Intelligence specializes in…
Vercel Signals IPO Readiness as AI-Driven App Growth Boosts Revenue
Vercel is showing strong growth as artificial intelligence continues to transform how applications are created. The company’s CEO, Guillermo Rauch, recently indicated that the company is preparing for a potential initial public offering (IPO), supported by rapid revenue expansion driven by AI-generated apps. Speaking at a recent technology conference in San Francisco, Rauch highlighted how…
Tesla Expands Robotaxi Service to Dallas and Houston
Tesla has expanded its autonomous ride-hailing service, known as robotaxi, to the cities of Dallas and Houston. The announcement was shared through the company’s official social media channels, along with a short video showing Tesla vehicles operating without drivers in the front seat. With this move, Tesla’s robotaxi service is now available in three cities,…
LinkedIn Data Shows Hiring Slowdown, But AI Is Not the Main Cause Yet
Recent data from LinkedIn shows that global hiring has declined by around 20% since 2022. However, the company says artificial intelligence is not the main reason behind this slowdown—at least for now. Speaking at a global economic event, Blake Lawit explained that while hiring activity has dropped, there is no clear evidence that AI is…
Microsoft Launches Three New AI Models to Compete in Growing AI Market
Microsoft has introduced three new artificial intelligence models as part of its strategy to strengthen its position in the rapidly growing AI industry. The new models are designed to generate text, voice, and images, showing the company’s focus on building advanced multimodal AI systems. The announcement was made by Microsoft’s AI research division, which is…
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