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
Fundraising by Israeli startups expected to decline during 2022 A survey of Israeli startup companies shows a significant drop in fundraising. Israel
Tel Aviv Stock Exchange continues to reach historic highs The TA 125 index’s growth is being led by banks and not Israel’s large tech sector. Israel
Robots to help Muslim pilgrims at holy sites in Saudi Arabia The robots will explain prayer rituals in Mecca and Medina in multiple languages, according to Saudi religious authorities. Saudi Arabia
Israel tests innovative, high-powered laser defense system Israel advances with the development of a laser-based missile interceptor system that should significantly change the balance of powers in the region. Israel
OPEC loans $100 million to Morocco to promote financial inclusivity Financial technology (fintech) is expanding across the Middle East and enabling more people to use financial tools. But some cultural barriers remain. Morocco
Egypt ramps up cyber, data security capabilities Egyptian government agencies are coordinating efforts to be prepared for future cyberattacks. Egypt
Saudi Aramco pursues diversification with artificial intelligence center The Saudi energy giant is flush with cash from oil sales abroad. Saudi Arabia
Report: One third of Israelis and Emiratis own cryptocurrency Both Israel and the UAE have emerged as centers of cryptocurrency in the Middle East. Israel
Uber faces new competition in Egypt New ride-sharing competitors are challenging Uber’s longtime monopoly. Egypt
Intel increases footprint in Israel with acquisition of Granulate The Silicon Valley computer chip manufacturer has acquired two major Israeli tech companies this year. Israel
Israeli startup to 3D print salmon The Jerusalem-based investment platform OurCrowd held an event on 3D printing, featuring several Israeli companies as well as popular Arab-Israeli vlogger Nas Daily. Israel
Electric SUV race coming to Saudi Arabia’s NEOM Crown Prince Mohammed bin Salman has prioritized investing in new types of sports as part of his Vision 2030 initiative. Saudi Arabia
