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…
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…
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 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 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 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,…
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 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…
LuLu Group Chairman Yusuff Ali MA has expressed his gratitude to Narendra Modi for supporting continuous food supplies from India to Gulf Cooperation Council (GCC) countries during the ongoing tensions in West Asia. During a meeting held in New Delhi on March 26, Yusuff Ali briefed the Prime Minister about the company’s efforts to maintain…
Finland has decided to delay its plan to move the country’s election system to Amazon Web Services (AWS), choosing instead to keep the platform on domestic servers for the time being. The decision comes after a review by the country’s Justice Ministry, which raised concerns about the changing global political environment and the importance of…
