Exclusive 'Cloud First' policies give Saudi Arabia, UAE edge in AI race: Amazon exec In March 2024, AWS announced plans to invest $5.3 billion in Saudi Arabia to launch a cloud infrastructure region in the kingdom by 2026. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
How UAE AI firm's past China links stalled this US chipmaker's IPO Cerebras Systems executives had been hoping that the Trump administration would fast-track the national security review that has left the chipmaker’s initial public offering in limbo for five months, Reuters reported Tuesday. United Arab Emirates
UAE seals cloud deal with Microsoft, Core42 as Sheikh Tahnoon visits US The deal follows Microsoft's $1.5 billion investment last year in G42 to accelerate AI development. United Arab Emirates
UAE’s Sheikh Tahnoon makes first US visit since Trump reelection: What to know The UAE's influential national security advisor, who chairs some of the country's most important funds and firms, will reportedly meet with White House officials and business leaders including Elon Musk and Jeff Bezos. United Arab Emirates
Analysis US stock plunge poses dilemmas for Gulf investors while exposing PIF, Mubadala risks By Samuel Wendel In Washington, DC, reporting on regional business and tech
Interview As AI superpowers clash, Saudi tech diplomat pushes collaboration over competition Deemah AlYahya Secretary General, Digital Cooperation Organization
Amazon to open online grocery store in UAE The US retail giant has also been in the news regarding Saudi Arabia and Egypt recently. United Arab Emirates
Saudi Arabia continues inroads into Africa with Guinea water project The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology. Gulf
Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital and spur startup growth. Iraq
‘Stars aligned’ for Palestinian startups, Gulf investors say Entrepreneurs from the West Bank and Gaza recently visited Dubai to attend a conference on funding for new businesses. Palestine
Saudi Aramco continues to reap big profits The Saudi oil giant has been investing in futuristic technology as it benefits from high oil prices. Gulf
Israeli cryptocurrency market attempts to catch up with global pace An Israeli crypto firm becomes the first in the country to get a capital markets license. Israel
Israeli autonomous driving firm goes public Mobileye’s stock rose on its first day trading on Nasdaq. Israel
How startups are contributing to Libya’s economic recovery Digital business in the war-torn country is slowly starting to take seed. North Africa
NFT art, industry boom in Israel Israel might have gotten a late start on NFT art, but it's catching up quickly with active artists and groups on all social networks. Israel
Flying cars, 'edible' robots come together at Dubai tech exhibit GITEX brought in more than 4,000 exhibitors from about 170 countries to demonstrate their products and share their knowledge. Gulf
Saudi Arabia opens up to new fintech players While Saudi Arabia’s fintech sector presents opportunities for entrepreneurs, VC investors and consumers, there are specific, long-standing challenges hindering the market’s full potential. Gulf
