Saudi Arabia deploys region’s first industrial quantum computer: What to know The announcement significantly boosts Saudi Arabia’s Vision 2030 strategy to diversify the economy away from oil by the end of the decade. Saudi Arabia
UAE showcases global AI ambitions with $1B Africa pledge at G20 The Gulf country is the world's top investor in Africa, with Emirati companies committing $100 billion to projects on the continent between 2019 and 2023, according to data from the Financial Times. United Arab Emirates
Feature Saudi Arabia leans on AI for real estate growth as gigaprojects slow The kingdom is increasingly announcing projects merging AI and real estate to cut costs while building smarter, data-driven, and more sustainable infrastructure. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf AI ambitions get boost with US approval of advanced chip exports Washington has been cautious about sending sensitive advanced microchips to Middle East countries with close ties to China, fearing that the technology could end up in Beijing’s hands. Saudi Arabia
Interview Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging Lucas Bellieud Al-Futtaim Electric Mobility Managing Director
Saudi minister meets with Google, Zoom in California The official visit comes as Saudi Arabia seeks to grow its industrial sector. Saudi Arabia
UAE Economy Ministry opens new office in metaverse Developing futuristic technology is a priority for the Emirates. United Arab Emirates
Egypt seeks to attract Chinese mobile companies fleeing India Egypt is trying to take advantage of the crisis between Chinese smartphone companies and India by providing incentives to such companies to lure them into investing in the Egyptian market. Egypt
Israel seeks technological cooperation with US What Israel perceives as inflexible American demands on data security might stand in the way of establishing true technological cooperation between Israel and the United States. Israel
Egypt explores production of green fuels for ships Egypt plans to cooperate with the Maersk global shipping group to establish a national network to produce and distribute green fuel for ships, depending on new and renewable energy sources, as the country gears up to host the COP27 climate summit. Egypt
Saudi esports success depends on local businesses, say industry players After Saudi Arabia released its esports strategy last week, members of the region’s local gaming industry say community players, developers and startups are key to actualizing the plan’s ambitious goals. Legacy: Gulf
Saudi Arabia plans new AI center The agreement between the Saudi Authority for Data and Artificial Intelligence and King Abdullah University was made on the sidelines of an artificial intelligence summit in Riyadh. Saudi Arabia
Investment in Israeli food tech doubles Israel is quickly becoming one of the world leaders in cultivated meat, dairy and seafood products. Israel
Qatar issues first digital payment licenses to fintech providers Qatar as well as Saudi Arabia and the UAE are seeking to bolster their fintech sectors. Legacy: Gulf
Saudi Central Bank approves fintech companies Lean Technologies, Mod5r Saudi Arabia recently launched a fintech strategy with the goal of becoming a regional hub for financial technology. Saudi Arabia
Israeli automotive startups dream of becoming next Mobileye Vying for the same success of Mobileye, which was bought by Intel five years ago for $15 billion, Israeli startups are doubling their efforts to appeal to foreign investors. Israel
Saudi Arabia’s NEOM project to bring huge investments to Egypt Saudi Arabia Crown Prince Mohammed bin Salman said his country will invest in Sharm el-Sheikh as part of $500 billion NEOM project. Egypt
