Firms worth $200-$500 million are the most optimistic about AI, said a study, which serves as a wake-up call for businesses lagging in AI adoption, emphasising the need for a clear AI strategy to stay competitive in the global market.
Saudi Arabia’s aviation sector is set to be one of the fastest growing in the world in the coming years as the country seeks to position itself as both a regional aviation hub and as a major tourism destination, a report said.
Collaboration between the public and private sectors is essential to leverage generative AI technologies in the governance, risk and compliance (GRC) field.
The $3.2-billion Statevolt Emirates project will be the first gigafactory at large scale dedicated to battery production in the UAE, helping to accelerate the country’s positioning as a leader in green transition, says CEO Lars Carlstrom in an interview.
Hartsfield-Jackson Atlanta International Airport in the US has ranked as the world’s busiest airport, followed by Dubai International Airport and Dallas Forth Worth, according to the 2023 data from the Airports Council International (ACI) World.
The construction industry in the Middle East is witnessing a major transformation, thanks to the technological advancements which help enhance safety and efficiency on the building sites and pave the way for improved project execution, said an expert.
The construction industry in the Middle East is witnessing a transformation, thanks to technological advancements.
Low salary and lack of career development are some of the reasons why a large number of European IT specialists are looking to leave their current jobs before the end of the year, and which could lead to a mass exodus, new study has revealed.
Financial institutions looking to navigate operational hazards effectively should focus on not just mitigating risks but strategically optimising insurance to safeguard the institution's operational integrity and financial stability.
With Saudi Arabia setting a new goal to attract 150 million visitors over the next six years, there is an urgent need to increase the pace of developing giga projects and tourism destinations in the kingdom, a top official of Serco Middle East, has said.
