UAE retail investors continue to rally behind AI while Big Tech and pharma stocks lose momentum, finds the latest quarterly …
News, Security
Shariah-compliant investment note for cybersecurity firms launches in UAE
Abu Dhabi Islamic Bank (ADIB) has recently announced a 100 percent capital-protected, Sharia’a-compliant equities basket note which captures the growth potential of companies operating in the cybersecurity sector.0 2155
Indian EV Ride-Hailing company BluSmart raises $24m in Pre-Series B Funding
BluSmart, India and South Asia’s first and largest vertically integrated EV RideHailing service and EV Charging Infrastructure network has announced …
IFS announce acquisition of AI-powered aviation software provider
IFS, has announced the acquisition of EmpowerMX, an AI-powered aviation maintenance software provider specializing in Airframe Maintenance Repair and Overhaul …
Google Cloud on mission to accelerate digital transformation in Kuwait
Google Cloud announced the opening of its new offices in Kuwait licensed by Kuwait Direct Investment Promotion Authority (KDIPA) at …
Dubal Holding acquires equity in UAE-based biodiesel manufacturer to drive green economy
In a landmark move for sustainable development in the UAE, DUBAL Holding and BiOD Technology FZCO jointly announced DUBAL Holding’s …
Gen AI will continue to disrupt industries and put pressure on C-suite executives to adapt” – David Tharp, Dataiku
Dataiku, the Universal AI platform, and KPMG LLP, the U.S. audit, tax and advisory firm, have announced a strategic alliance …
AWS announces plans to invest $50 million in Gen AI for public sector organizations
Today, Amazon Web Services (AWS) announced the AWS Public Sector Generative Artificial Intelligence (AI) Impact Initiative. The two-year, $50 million investment …
Backbase appoints Chris Shayan as their new Head of Artificial Intelligence
Backbase, the creator of the Engagement Banking Platform, has announced the appointment of Chris Shayan as the new Head of …
Ooredoo partners with Nutanix on cloud innovation to propel Qatar Airways to new heights
Ooredoo, Qatar’s leading telecommunications company, has proudly unveiled a strategic partnership with Qatar Airways and Nutanix, a leader in hybrid …
“Retrieval Augmented Generation is bringing LLMs safely into the enterprise space” – Ashley Woodbridge, Lenovo
CNME Editor Mark Forker spoke to Ashley Woodbridge, Field CTO, Infrastructure Solutions Group, Middle East, Turkey and Africa, at Lenovo, …