Author: Editorial Team
Meta Platforms recently completed its purchase of Assured Robot Intelligence, a startup developing AI models for robots, as part of a major initiative focused on building humanoid technology. A representative for Meta told Mobile World Live it closed the acquisition on the 1st of May 2026. Financial terms were not disclosed. “We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence designed to enable robots to understand, predict and adapt to human behaviours in complex and dynamic environments”, Meta stated. The representative explained the Assured Robot Intelligence “will bring a deep expertise in how we can design…
JEDDAH — The Council of Ministers on Tuesday reaffirmed Saudi Arabia’s unwavering support for the Gulf states and the measures they are taking to ensure their security and stability. The Cabinet session, chaired by Crown Prince and Prime Minister Mohammed bin Salman in Jeddah, condemned the treacherous attacks on the territories and territorial waters of the United Arab Emirates, Qatar, and Kuwait. At the outset of the session, the Crown Prince briefed the Cabinet on the contents of the two messages he received from President Mohamed Cheikh El Ghazouani of Mauritania and Prime Minister Sanae Takaichi of Japan. In a…
RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received on Tuesday a phone call from Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of Jordan Ayman Safadi. During the call, the ministers discussed the latest developments in the region and the efforts being made in this regard. They also reviewed continuing bilateral coordination and consultations between the two countries. Source: Saudi Gazette
DUBAI, 12th May, 2026 (WAM) — Amlak Finance PJSC announced its quarterly financial results for the period ended 31st March 2026. The Company maintained its focus on the prudent management of its UAE operations and overall balance sheet. During the period, Amlak reported a net profit after income tax of AED52 million, compared to AED28 million in the corresponding period of 2025, representing a quarter-on-quarter growth of 86%. Amlak’s total revenue for Q1 2026 increased by 8% to AED65 million, compared to AED60 million in the corresponding period of 2025. Revenue from financing and investing activities increased to AED30 million…
The rise of individuals with personal brands and online following has been an unparalleled trend in the digital era. While the trend has exploded due to several factors, such as the rising consumption of digital media and technological advancements that have made it easier to create and share content, it has also shaped a whole new industry that now operates as part of the creator economy. “As the ecosystem grows, the total addressable market of the creator economy could roughly double in size over the next five years to $480 billion by 2027 from $250 billion today,” cites a 2023…
DUBAI, 12th May, 2026 (WAM) — The Federal Tax Authority (FTA) has been awarded the Leadership in Energy and Environmental Design (LEED) certification for its office in Dubai Outsource City, achieving the Gold rating. This milestone reflects the Authority’s commitment to upholding the highest standards of environmental sustainability and energy efficiency in the workplace. LEED, an internationally recognised green building certification system developed by the U.S. Green Building Council (USGBC), is one of the world’s leading certifications in sustainable building practices. It is awarded to organisations that meet a range of criteria, including energy efficiency, water resource management, enhanced indoor…
On World Anti-Ransomware Day, the conversation around cybersecurity has shifted decisively. Ransomware is no longer a question of if but when — and increasingly, how fast. With AI-generated attacks now probing networks continuously and average breakout times collapsing to under 30 minutes, the threat landscape has outpaced the defences most organisations were built to deploy. For businesses across the Middle East, the stakes have never been higher. Attackers are no longer simply encrypting data. Modern threat actors are infiltrating identities, weaponising privileged access, exfiltrating sensitive information, and disrupting operations in sectors where downtime translates directly into economic, regulatory, and reputational…
MAKKAH — The Hajj security forces arrested one Saudi citizen, two Yemeni residents, and one Egyptian resident for violating Hajj regulations by attempting to enter Makkah without a Hajj permit. The security authorities started taking legal action against them. The General Directorate of Public Security urged Saudi citizens and residents to adhere to Hajj regulations and guidelines, and to report any violations by calling 911 in the regions of Makkah, Madinah, Riyadh, and the Eastern Province, and 999 in the rest of the Kingdom. Source: Saudi Gazette
RIYADH — Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef discussed ways to enhance Saudi-Indian cooperation in the fertilizer sector during a virtual meeting with India’s Minister of Chemicals and Fertilizers Jagat Prakash Nadda on Monday. The ministers highlighted the strong and longstanding relations between Saudi Arabia and India, as well as their deep economic ties. They stressed the importance of enabling the private sector to capitalize on promising investment opportunities in both countries in support of their economic development goals and mutual interests. The ministers reviewed ways to develop supply chains related to phosphate and fertilizer products, emphasizing…
The UAE’s health and emergency authorities have confirmed the country’s readiness to respond to any emerging public health developments, including concerns related to the Hantavirus, while stressing that no cause for alarm currently exists. In a joint statement, the UAE’s National Emergency Crisis and Disaster Management Authority (NCEMA) and the Ministry of Health and Prevention (MoHAP) said the national monitoring and response system remains fully prepared to deal with potential health threats through proactive surveillance and rapid response mechanisms, reports Emarat Al Youm. Source: Khaleej Times