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The director general of foreign trade, a division of the Indian government has imposed restrictions on import of laptops, tablets, and personal computers with immediate effect from August 3, 2023. The government did not provide any reason or explanation for this move. However, this announcement comes as a firm step in the direction of boosting […]
Facebook parent Meta Platforms implemented its plan to end all news availability from its social media platforms in Canada. Meta initiated the termination of posting news on its platforms after the Canadian government passed a bill called the Online News Act or Bill C-18 during the month of June. The law states tech giants including […]
Elon Musk’s X Corp, formerly known as Twitter, on Tuesday had its logo, the glowing X taken down, after multiple complaints from neighbours because of its disturbing lights, as reported by Reuters. Musk renamed the social media platform X Corp from Twitter, approximately six months after acquiring the firm on a $44 billion deal. He […]
According to The International Data Corporation, it is estimated that the Middle East will be spending $3 billion on AI in 2023, which is estimated to more than double to $6.4 billion by 2026. The region is expected to see annual growth in spending of almost 30 per cent in AI over the next three […]
Uber-owned ride-hailing firm Careem announced a spinout on Monday with significant support from both its parent business and a new source. With a $400 million investment, the tech holding company e&, formerly Etisalat, based in Abu Dhabi, United Arab Emirates, has entered into a legally binding deal with Uber Technologies to purchase a 50.03% majority […]
OSN, the Middle East streaming service and Warner Bros. Discovery have signed a multi-year exclusive licence agreement, making OSN the exclusive platform for streaming all HBO content throughout the Middle East and North Africa. The multi-year licencing agreement strengthens OSN’s market-leading position by extending its rights to broadcast and stream programming from HBO exclusively on […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, National Bank of Egypt bagged the Best Retail Bank award. Business Tabloid was proud and honored […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, OPay bagged the Fastest Growing Digital Payment Solution Provider 2022 award. Business Tabloid was proud and […]
In just three years, the skies over Dubai might be bustling with air taxis. Aerial taxis with a maximum range of 241 kilometres and high speeds of 300 kph have been designed, according to the Dubai Ruler, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE. “Today, we approved […]
The American developer of the well-known computer game “Fortnite,” pic Games, is suing Google in an Indian court for failing to follow some antitrust regulations. In New Delhi’s National Company Law Appellate Tribunal (NCLAT), Epic Games has brought a lawsuit against Google. In India, Google has run across a number of legal problems. Google announced […]
EV is one of those few industries that continue to excite investors at a time when VC financing is declining in China. Geely, China’s largest private automaker, stated Monday that investors had committed to investing $750 million in Zeekr, the luxury EV brand under its umbrella. It now has a $13 billion post-valuation. The information […]
Leap23 announced more than $9 billion in investments to support emerging technologies, digital entrepreneurship, tech startups, and strengthen Saudi Arabia’s position as the largest digital market in the Middle East and North Africa on Monday to kick off a four-day event in Riyadh (MENA). At the event, which is being held at the Riyadh Front […]
