Technology

5g egypt

Egypt launches 5G network as North Africa's digital push accelerates

North African states are moving to introduce high-speed internet and data-intensive applications to business and government sectors in the face of increasing demand.

BRENDAN SMIALOWSKI/AFP via Getty Images

AI chips, drones, jets: A look at Trump's $3.2 trillion megadeals during Gulf trip

Amid photo ops and lavish receptions, President Donald Trump’s Gulf trip yielded $3.2 trillion in announced deals with Saudi Arabia, Qatar, and the UAE — though some details remain vague.

Joe Raedle/Getty Images

US eases foreign investment rules days before Trump Gulf visit: What to know

Gulf states are estimated to manage 40% of the world’s sovereign wealth and are some of the biggest investors in the United States.

Khaldoun al-Mubarak, Managing Director and Group Chief Executive Officer of the Mubadala Investment Company, speaks at a panel session during the World Government Summit in Dubai on February 12, 2024. (Photo by RYAN LIM / AFP) (Photo by RYAN LIM/AFP via Getty Images)

Mubadala investments soar by 33% as UAE deepens AI ties with US

Mubadala made 119 billion Emirati dirhams ($32.4 billion) worth of investments in 2024, up 33.7% from the previous year, according to a Thursday statement from the UAE fund.

United Arab Emirates

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Interview

Qatar’s digital future offers opportunities in AI, energy, says head of US-Qatar Business Council

Sheikha Mayes Al-Thani speaks at inaugural USQBC-SelectUSA event in Washington, DC, February 25, 2024.

Sheikha Mayes Al Thani

Sheikha Mayes Al Thani

Managing Director, US-Qatar Business Council

Exclusive

'Cloud First' policies give Saudi Arabia, UAE edge in AI race: Amazon exec

Yasser Hassan

In Bristol, reporting on regional business, climate change, AI, tech

How UAE AI firm's past China links stalled this US chipmaker's IPO

chip

United Arab Emirates

UAE seals cloud deal with Microsoft, Core42 as Sheikh Tahnoon visits US

Sheikh tahnoon

United Arab Emirates

Pavel Durov, CEO and co-founder of Telegram, speaks during day one of TechCrunch Disrupt SF 2015 at Pier 70, San Francisco, Sept. 21, 2015.

UAE asks France for 'urgent' consular services to arrested citizen Telegram’s Durov

Russian-born Pavel Durov has been a resident of the UAE since 2017 and a citizen of the Gulf state since 2021.

United Arab Emirates

Sheikh Hamed bin Zayed Al Nahyan (C), who was recently named to head the Abu Dhabi Investment Authority, looks at a model of the Capital City District project.

Abu Dhabi’s Mubadala invests in UK cloud data center developer Yondr

It marks Mubadala’s third major investment in cloud data centers in three years, as the wealth fund looks to cash in on the ballooning demand for data center infrastructure.

United Arab Emirates

PEDRO PARDO/AFP via Getty Images

Saudi PIF signs deals worth up to $50B with six Chinese institutions

As one of the world’s largest sovereign wealth funds, the $925 billion Saudi PIF is already heavily invested in China.

Empty baggage trucks are seen by a Turkish airlines Boeing 777, Los Angeles International Airport (LAX), Jan. 11, 2023.

Turkish Airlines cancels 84 flights amid global IT outage

The Turkish transportation minister said the government expects the disruption to end “within hours.”

Google reportedly offers $23B for Israeli cybersecurity firm Wiz

Israel's Wiz is one of the world’s fastest-growing startups, having reached $350 million annual recurring revenue last year, and provides services to more than 40% of Fortune 100 businesses.

Indonesian President Joko Widodo (L) listens to a speech by United Arab Emirates (UAE) Minister of State for Foreign Trade Thani Ahmed Al Zeyoudi (R) during the inauguration of the newly built floating solar power plant on the water that can generate 192 mega watts of peak electricity in cooperation between the Indonesian government and Masdar from the UAE, at Cirata Reservoir, West Java, on November 9, 2023. (Photo by BAY ISMOYO / AFP) (Photo by BAY ISMOYO/AFP via Getty Images)

Interview

G42-Microsoft partnership in Kenya 'just the beginning,' says UAE trade minister

In an exclusive interview with Al-Monitor, Dr. Thani Ahmed Al Zeyoudi discusses momentum in UAE trade with the US, the benefits of economic diversification and Africa’s priority in UAE trade policy.

Dr. Thani Ahmed Al Zeyoudi

Dr. Thani Ahmed Al Zeyoudi

UAE Minister of State for Foreign Trade

NVIDIA's founder and CEO Jensen Huang.

NVIDIA to deploy AI across Middle East amid increasing US-China tech tensions

It was reported in August 2023 that Washington planned to curb exports of some AI microchips from NVIDIA, as well as from Advanced Micro Devices, beyond China to some unspecified Middle Eastern countries.

UAE National Security Advisor Sheikh Tahnoon Bin Zayed Al Nahyan meets Microsoft co-founder Bill Gates in Seattle on June 7, 2024.

Analysis

With China rivalry in mind, UAE's Sheikh Tahnoon hits tech reset in US visit

Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser and an influential brother of the country’s president, visited Washington this month.

In Bristol, reporting on regional business, climate change, AI, tech

Justin Sullivan/Getty Images

US reportedly slows AI chip exports to Mideast as Saudi Arabia turns to China

Washington has further restricted imports of critical components for AI systems to certain countries, including some undisclosed ones in the Middle East.

BEVERLY HILLS, CALIFORNIA - MAY 6: Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. The 27th annual global conference explores various topics, from the rise of generative AI to electric vehicle trends and features participants, soccer star David Beckham and actor Ashton Kutcher. (Photo by Apu Gomes/Getty Images)

Saudi Prince Alwaleed bin Talal invests in Elon Musk’s $24B AI startup

Kingdom Holding Company also holds a stake in Elon Musk’s social media platform X, formerly Twitter.

PAU BARRENA/AFP via Getty Images

Huawei launches Egypt public cloud service as China ties grow

Last September, Huawei announced that it would pump $430 million into North Africa to build the firm's first cloud center there as well as train thousands of developers and tech specialists.

A Turkish Bayraktar TB2 combat drone is on view during a presentation at the Lithuanian Air Force Base in Siauliai, Lithuania, on July 6, 2022.

Turkey's fastest drone plays key role locating Iran helicopter crash site

The location of the helicopter crash site was identified by Turkey’s Akinci drone, according to Turkish officials, after Ankara sent teams to help Iran's search mission.