SpaceX has acquired artificial intelligence startup xAI in a transaction that media reports said values the combined entity at around $1.2 trillion, creating one of the most ambitious technology platforms ever assembled. Financial details were not formally disclosed by the companies.
Al Futtaim Real Estate, a unit of leading UAE business conglomerate Al Futtaim, has announced a landmark strategic partnership with global technology powerhouse Siemens, in a major move aimed at accelerating the digital transformation and sustainability in the property sector.
Beyon reported a net profit attributable to equity holders of BD19.3 million ($51.2 million) for Q4 2025, a 17% increase from BD16.6 million reported for same quarter of 2024. For the full year of 2025, net profit was BD71.3 million ($189.1 million), a 2% decrease compared to BD72.8 million in 2024,
Senior infrastructure leaders, regulators, consultants and technology experts from across the Middle East were in Dubai for a major forum - Safe Dubai 2026 - to accelerate the region’s shift toward a more structured and unified infrastructure intelligence ecosystem.
Siemens, a industrial technology major, has announced the official opening of its first Siemens Digital Industries Software office in Saudi Arabia, thus marking a significant step in its commitment to supporting the Kingdom's Vision 2030 and its rapidly expanding digital economy.
Gulf Business Machines (GBM), an end-to-end digital solutions provider, today announced two senior leadership appointments to further reinforce its executive bench, deepen market presence and sharpen its focus on delivering customer-centric digital transformation across the UAE.
Emerson, a global technology major, has relaunched its landmark Asco Series 327C solenoid valve with new manual reset construction versions. The valve has been specially designed targeting high-demand industries such as power plants, refineries and chemical processing facilities.
Forbes Middle East has revealed its eighth annual 30 Under 30 list, celebrating the region’s most dynamic young leaders, innovative creators, and catalysts for change. Egyptians topped the list with 19 honourees, followed closely by 18 Saudis and 15 Lebanese.
A potent rebound in global M&A is on track to deliver the second-highest total deal value on record in 2025, at a projected $4.8 trillion, up 36% versus 2024, said a report. Technology M&A, powered by AI-related deals, was in the vanguard of the year’s surge in merger activity.
The Middle East logistics market is set to double this year compared with 2020, reflecting the scale of investment now flowing into infrastructure, technology, and supply chain modernization, according to a new report.
