Technology
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Samsung seeks to keep lead in market, unveils new foldable smartphones
Samsung Electronics presented its latest high-end foldable cell phones on Wednesday, maintaining pricing the same as last year in an…
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US President Joe Biden signs bill to boost US chipmakers as a competition to China
President Joe Biden signed a bipartisan bill on Tuesday that aims to boost the United States’ competitiveness with China by…
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Udrive, the UAE-based car rental service reveals plans to expand to Saudi Arabia
Udrive, a devoted pay-per-minute and daily vehicle rental platform based in the UAE has announced its launch into Saudi Arabia.…
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TAE Technologies closes $250 million financing round, totals $1.2 Billion to date
TAE, headquartered in California, has raised $1.2 billion so far for fusion research, the same mechanism that fuels the sun.…
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Rakbank and Kraken to launch UAE’s first AED-denominated virtual asset trading platform
Rakbank will be the first UAE bank to enable Kraken to provide its clients with transparent, efficient, dirham-based digital asset…
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Twitter sues Elon Musk over Twitter takeover deal
Twitter has filed a lawsuit against billionaire Elon Musk in an attempt to force him to acquire the social media…
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Aramco opens research hub for ‘developing low-carbon solutions’
The Saudi Arabian Oil Company (“Aramco”) opened the Aramco Research Center at KAUST (ARC KAUST), which intends to speed the…
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Middle East bags four out of five of the world’s most efficient ports
According to a worldwide index produced by the World Bank and S&P Global Market Intelligence, four out of five of…
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CyberSecurity – A Threat to the Digital Acceleration in the Middle East
Cybersecurity attacks are a persistent issue, particularly for Middle Eastern businesses and organizations. These threats can halt operations, damage a…
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Samsung Australia fined $9.7 million for misleading waterproof ads
On Thursday, Australia’s competition authority said that a court-ordered Samsung Electronics’ local business to pay a A$14 million ($9.65 million)…
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