Technology

UAE harnesses AI to reshape future of global financial sector

ABU DHABI/WAM The UAE continues to lead digital transformation and financial inclusion in the Middle East region, supported by the transformative power of artificial intelligence, which has become evident across a wide range of economic sectors, primarily in the financial and banking sectors. This contributes to strengthening its economic growth and prosperity while solidifying its leading position in the global ...

Read More »

DEWA to take part in GITEX Global 2024

DUBAI/WAM Dubai Electricity and Water Authority (DEWA) is set to participate in the 44th GITEX Global, the world’s largest technology and startups event, scheduled from 14th to 18th October at the Dubai World Trade Centre. DEWA’s stand will showcase its innovative and advanced digital initiatives, services, and programmes, which accelerate its digital transformation and consolidate its global leadership. The stand ...

Read More »

GCAA, Skyports partner to support hybrid operations at UAE vertiports

DUBAI / WAM The General Civil Aviation Authority (GCAA) signed a Memorandum of Understanding (MoU) with Skyports to enhance national regulations for clean energy-powered vertiports. The MoU, signed on Thursday at the GCAA headquarters in Dubai, aims to develop standards designed to accommodate hybrid operations at vertiports, paving the way for operational flexibility and utilisation of the existing vertiport infrastructure ...

Read More »

Sanad announces strategic sale transaction with CFM Materials

HONG KONG / WAM Sanad, the global aerospace engineering and leasing solutions leader, wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company, unveiled a strategic transaction between Sanad and CFM Materials, the world’s largest provider of used serviceable components for CFM International engines, during the International Society of Transport Aircraft Trading (ISTAT) Asia in Hong Kong. The sale of ...

Read More »

SonicWall Annual Cyber Threat Report exposes depths of cyberattacks

DUBAI / GULF TIME SonicWall released the 2024 SonicWall Annual Cyber Threat Report, which exposes all types of cyber behaviors and trends from digital adversaries to help partners build data-driven solutions to keep customers safe. 2023 proved to be a year of volatile, adaptive and creative digital threats, as threat actors continue to be relentless in their assault, leaving organizations ...

Read More »

RTA signs partnership agreement with AWS

DUBAI / WAM The Roads and Transport Authority (RTA) in Dubai signed an agreement with Amazon Web Services (AWS), a subsidiary company of Amazon that specialises in providing cloud computing platforms and application programming interfaces. The main goal of this partnership is to support the RTA’s transition to cloud computing and exchange knowledge and best practices in areas such as ...

Read More »

China rolls out ethical guideline for brain-computer interfaces research

BEIJING / WAM China has rolled out an ethical guideline for brain-computer interfaces (BCI) aiming to better guide the compliant development of BCI research and prevent ethical risks in the process of research and technological applications. The released guideline by the Ministry of Science and Technology comes after Tesla CEO Elon Musk announced the success of a procedure to implant ...

Read More »

AI-Enabled Cybersecurity: Potential Risks and Defenses

NORTH AMERICA / GULF TIME SonicWall, one of the leading US-based cybersecurity companies specialising in internet appliances for content control and network security, has outlined key measures to streamline AI-enabled cybersecurity systems and counter likely AI-enabled cyber-attacks. Real-Time Threat Detection and Response with AI Derek Maggiacomo, SonicWall’s Executive Vice President of North America Sales, emphasizes the growing need for tools ...

Read More »

Apple passed Samsung as world’s top phonemaker in 2023

BLOOMBERG Apple Inc’s iPhone dethroned Samsung Electronics Co devices to become the best-selling smartphone series over the course of 2023, the first time South Korea’s largest company has lost the top spot since 2010. The iPhone accounted for a fifth of the global market with close to 235 million shipments last year, research firm IDC estimates. Samsung, whose shipments slumped ...

Read More »
Send this to a friend