Saudi Arabia’s Public Investment Fund (PIF) has reportedly agreed to invest more than $1 billion in Lucid Motors, a budding competition for Elon Musk’s Tesla.
Editor's Picks, Technology, UAE
Telecom subscribers in UAE rise to 24 million: TRA
The number of subscribers to telecommunications services in the UAE, whether through mobile phones, landlines and the internet, rose to around 24 million during the first five months of 2018.1 6310
Sports carmarker ditches diesel in electric car push
Porsche will reportedly stop offering diesel versions of its cars and will focus on gasoline, electric and hybrid vehicles, Bloomberg …
Abu Dhabi unveils programme to accelerate knowledge and innovation
The Abu Dhabi Executive Council’s ‘Ghadan 21’ programme has revealed the recent initiatives and projects under the third pillar, which is focused on Knowledge and Innovation.
GBM names new GM for Oman operations
Gulf Business Machines (GBM) has appointed Eddy Abboud as General Manager of the company’s Oman business.
Abu Dhabi-based DarkMatter seeks to nurture regional cybersecurity talent
DarkMatter has unveiled its new strategy aimed at being region’s first and only fully-integrated digital transformation, defence and cybersecurity solutions provider.
White House eyes antitrust probe into tech giants: report
The White House has reportedly drafted an executive order that would push federal antitrust and law enforcement agencies to probe the business practices of social media and other Internet companies.
Smart tech to accelerate the maritime industry: experts
The impact of the rapid evolution of smart technology is becoming increasingly evident in the maritime industry.
Security no longer an option but an imperative, says Microsoft
It’s no longer an option for businesses across the Middle East and Africa to build secure solutions that deliver value and protect customer data. It’s an imperative, according to Microsoft.
GITEX 2018
Boost security defences with intelligent deception: Fidelis
Fidelis Cybersecurity will use GITEX as a platform to promote its latest managed detection and response (MDR) service.
Smart Dubai turns to blockchain to expedite government transactions
Smart Dubai Office (SDO) has launched the ‘Payment Reconciliation and Settlement’ System, which was developed in collaboration with the Dubai Department of Finance as a blockchain-powered upgrade to its financial system.