Magic Leap, a startup working in the augmented reality space, has revealed that on Wednesday it raised $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment arm.

Magic Leap, a startup working in the augmented reality space, has revealed that on Wednesday it raised $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment arm.
The International Center of Islamic Economy (ICIE) in cooperation with the Dubai Airport Freezone Authority (DAFZA) has launched the Halal Digital Chain project and the Blockchain Forum.
ManageEngine’s director of product management Gibu Mathew explains how the use of AI in IT operations has the potential to …
Oman is expanding its initiatives focused on financial technologies with the upcoming launch of the Sultanate’s first comprehensive e-payment platform.
CNME and ManageEngine have partnered to explore the ways that IT needs to adapt to the ever-changing demands of the …
Canadian telecommunications firm BlackBerry has reportedly filed a patent infringement lawsuit against social media firm Facebook, arguing that they copied technology and features from BlackBerry Messenger.
Liv., the lifestyle digital bank by Emirates NBD, has announced two new features within its mobile app, allowing customers to instantly split bills with friends and family, and tag their expenses according to personalised categories.
Plenty of drivers in the UAE will have wished, when sitting behind the wheel in the middle of a traffic jam, that they were using public transport instead.
It will take about a decade for fully autonomous or almost fully autonomous technology to filter down into family cars, a fast-growing company working on the technology has predicted.
The Ministry of Health and Prevention has issued an order directing doctors practicing in UAE private medical facilities to issue …
Ajman Crown Prince Sheikh Ammar bin Humaid Al Nuaimi has reviewed the plans and strategy of the UAE Ministry of Artificial Intelligence, as well as the details of related national policies.
The UAE government has announced the formation of a ‘Council for Artificial Intelligence’ to ensure the implementation of these technologies in various sectors.
Dubai is opening new opportunities for start-ups and entrepreneurs to become part of Dubai Government’s Strategy to elevate the city into a global platform for innovation-focused businesses.
Snap Inc has celebrated its first anniversary as a publicly traded company on Friday, however, things are not quite what they envisioned when they bought shares in the hottest tech IPO in years.