Saudi’s global hub ambition behind record leveraged buyout deal for EA
Saudi Arabia is furthering its gaming hub ambitions with a record $55B deal for electronic arts. The investments in the gaming industry are being touted as…
Tag: TECHNOLOGY
GITEX 2025 Abu Dhabi to unveil ‘world’s most advanced’ AI-powered government platform TAMM 4.0
The Abu Dhabi Government Enablement Department announced that it is nearing full operational deployment of artificial intelligence (AI) technologies across all government entities. This milestone…
China bets on Morocco to lead Africa’s electric energy future
Morocco is preparing to build Africa’s first battery gigafactory, a $5.6 billion project backed by China’s Gotion High-Tech, which will place the North African kingdom at the…
China Unveils $70 Billion Financing Tools to Bolster Investment
China will deploy policy-based financial tools to the value of 500 billion yuan ($70.25 billion) to accelerate investment projects, the state’s planner said on Monday,…
Hackers contact Harrods after 430,000 customer records IT breach
Luxury department store Harrods has been contacted by hackers after data relating to 430,000 customer records was stolen in an IT breach. Harrods said it…
Copenhagen and Oslo airports forced to close temporarily due to drone sightings
Denmark and Norway were forced to close their main airports on Monday night due to drone sightings. Danish police were unable to confirm the type…
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres that support AI between now…
Hybrid planes are coming
An aviation rarity touched down in the Norway’s second city of Bergen earlier this month. Alia had flown 100 miles (160km) in 55 minutes on…
Apple steps up war of words with European regulators
“Bureaucrats in Brussels” are unfairly challenging Apple’s closed ecosystem and denying users the “magical, innovative experience” that makes the firm unique, Apple said. “We have…
AI Set to Transform Global Trade, Says World Trade Organisation
Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacerbate…