Technology

Microsoft to invest $7.9 billion in UAE to scale AI with new Nvidia chips

Microsoft plans to spend over $5.5 billion on cloud and AI infrastructure and another $2.4 billion on operational expenses and local hiring in the United Arab Emirates through 2029.

United Arab Emirates

Billion-dollar AI, clean energy deals headline Saudi 'Davos in the Desert'

Humain, an AI firm backed by the Saudi sovereign wealth fund, the PIF, signed a $3 billion deal with AirTrunk, a company backed by US asset manager Blackstone, to build a data center campus in the kingdom.

Saudi Arabia

Interview

Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging

The technology, which has only been deployed in China, will enable up to 400 kilometers of car recharging in five minutes, roughly the same time as filling a petrol tank.

Lucas Bellieud

Al-Futtaim Electric Mobility Managing Director

Gaming giant Electronic Arts taken private in $55B Saudi-backed buyout

The transaction represents a significant deal involving entities close to the Saudi Arabian and US governments.

Saudi Arabia

Analysis

Gulf investors emerge as key players in US social media giants TikTok, Snap, X

With UAE tech investor MGX set to take a stake in TikTok's US operations, investors from the Middle East could cement their role in America's social media landscape.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

PayPal bets $100M as Middle East’s Gulf fintech giants amplify competition

The move from the US payments giant comes amid a flurry of activity that has further cemented the Gulf’s fintech sector on the map for global investors — including Saudi Arabia's Tamara, which recently secured a $2.4 billion financing deal.

United Arab Emirates

Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push

Both payment platforms will use mada, the kingdom’s national payment system.

By Jack Dutton

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

China-made flying car makes first test flight in UAE: What to know

The Chinese company is facing competition from a US firm that is currently developing an air taxi service in Dubai.

United Arab Emirates

Lebanon grants license to Musk's Starlink in bid to address sluggish telecomms

Starlink’s arrival in Lebanon could give businesses a vital lifeline, but the impact could be limited as long as access is restricted to corporate customers only.

Lebanon

Iran eyes launch of 4 satellites, open Chabahar space port by spring 2026

Iran is set to launch four domestic-made satellites into orbit by next March, in the latest milestone for Iran's space program.

Iran

After sanctions, GitHub reopens to Syrian coders in boost for digital revival

Syrian developers regain GitHub access despite blocked platforms and shaky internet.

Syria

World's largest illegal sports streaming site shut down after Egypt arrests

Streameast, believed to be the world’s largest illegal sports streaming network, was taken down in August during a sting operation conducted by Egyptian authorities in collaboration with a US anti-piracy group.

Egypt