The US-based company calls the Middle East “a hub of innovation, with rapid adoption of AI, cloud, cybersecurity, and smart city initiatives”
technology investment
Latest in technology investment
Angel Investors
UAE startups: Global investors, VCs redirect funding to tech, renewable energy, tourism ventures
The UAE is witnessing technology platforms-driven transformation in the investment sector, with intermediary ventures such as Incomlend linking smaller businesses to major international investors and private funders for securing financing
digital economy
Revealed: UAE’s investment technology market to reach $325mn by 2025
This surge can be attributed to the country’s improved investment climate, driven by big-ticket company listings and economic diversification initiatives
acquisition
Editing software giant Avid to go private after STG acquires it for $1.4bn
The company behind such massive hits like ‘Top Gun: Maverick’ and ‘Avatar: The Way of Water’ fetches 32% premium at $27.05 per share
Crown Prince Foundation of Jordan
Digital inclusion and diversity are key to future policy success
It takes multi-stakeholder collaboration to create a world where the benefits of digital technologies are shared by all, not just the privileged few
Artificial intelligence
Will the dawn of the Fifth Industrial Revolution lead humanity to utopia or dystopia?
‘Potent AI’ carries both risks and rewards
chief information security officer
Why CISO burnout is a growing threat to organisations in Saudi Arabia
Triumphing over challenges can cause burnout
digital technology
Saudi Arabia announces $9bn in future tech investment at LEAP23
Microsoft, Oracle, Huawei and Zoom among the big spenders at LEAP23 in Saudi Arabia
Brand View
Sustainability and technology: Common themes between Northern Ireland and the Middle East
Northern Ireland may seem a long distance from the desert sands and soaring skyscrapers of the Middle East. Yet, the region is also at an inflection point in both its sustainability and technology sectors
AB In Focus
AB In Focus: How technology is supercharging business growth in the Middle East
Tareq Husseini, Sr. Sales Director MEA, Western Digital Corporation sat down with Arabian Business to discuss the ways in which technology empowers businesses
Abu Dhabi
Abu Dhabi’s Hub71 launches capital club for family offices to access technology investments
‘Tech Barza’ aims for higher family office participation within Abu Dhabi’s global tech ecosystem to unlock investment opportunities
Aramco
Saudi energy giant Aramco announces $1.5bn sustainability fund
The fund will be one of the world’s largest sustainability-focused venture capital funds
Abu Dhabi
IHC plans tech holding company as it accelerates investment in IT sector
International Holding Company is looking to deepen its engagement and investment in the tech space; It recently invested 15 percent in AI company Bayanat’s IPO
DEWA
Dubai Ruler announces new historic era driven by technology
Technology in the UAE is entering a new era and the success stories emerging from the nation demonstrate it
Dubai Metaverse Assembly
Dubai witnesses increase in metaverse business expansions, places city as global hub
With Dubai placed as a global futuristic hub, sectors are increasingly expanding into the Web3 space
Adobe
Adobe to buy software design startup Figma for $20 billion
Figma’s Dylan Field will continue to operate as the startup’s chief executive officer, following the acquisition
Artificial intelligence
Saudi Arabia launches of second edition of NEOM AI Challenge for SMEs and entrepreneurs
Winners of each track will receive executive contracts with NEOM worth SAR 500,000, totalling SAR 1.5 million
