Turkey's President Recep Tayyip Erdogan delivering a speech at the unveiling of the High Technology Incentive Programme in Istanbul on Friday. Reuters
Turkey unveils $30bn package to bring tech sector to global stage

Country aims to strengthen global competitiveness and economic independence, President Recep Tayyip Erdogan says

July 26, 2024, 3:00 PM
Apple Intelligence, the iPhone-maker's first foray into generative AI, is scheduled to be rolled out later in 2024. AFP
Apple joins AI safety programme ahead of platform launch

The White House guidelines call for 'safety, security and trust' towards developing responsible AI

July 26, 2024, 11:39 AM
The headquarters of Imagination Technologies on London's outskirts. The company's intellectual properties serve key industries including automotive, data centres, consumer devices and the Internet of Things. Reuters
Mubadala-backed Fortress invests $100m in UK-based Imagination

Deal will give Fortress access to chip company's intellectual properties present in more than 13 billion devices globally

July 25, 2024, 11:35 AM
The Samsung Galaxy Z Fold6 and Flip6 are seen on the sidelines of the company's Unpacked event in Paris. Alvin R Cabral / The National
Samsung Galaxy Z Fold6 and Flip6: Gen AI but bigger and more flexible

What lacks in hardware upgrades is made up for by an improved Galaxy AI platform

July 25, 2024, 5:00 AM
Du's second-quarter profit soared more than 46 per cent annually to Dh581 million. Leslie Pableo / The National
Du says new FinTech service doing 'better than expected'

Telecom operator's profit soared in second quarter with the UAE's rising population expected to boost business, CEO Fahad Al Hassawi says

July 22, 2024, 5:53 PM
Elon Musk first endorsed Dogecoin on Twitter on April 2, 2019, saying the cryptocurrency might be his 'fav'. Bloomberg
Do 90 million Dogecoin wallets mean this memecoin is no longer a joke?

The cryptocurrency – one of the 10 biggest in terms of market cap – could have a wider effect on the industry

July 21, 2024, 3:00 AM
Shoppers in Istanbul. Turkey's central bank said that inflation hit 69.8 per cent in April, but expects it to gradually decrease through the end of 2025. Reuters
Turkey receives first ratings upgrade from Moody's in a decade on improved governance

The credibility and effectiveness of the country's monetary policies have risen, reducing the risk of future inflation shocks

July 20, 2024, 11:32 AM
A Boeing 777X flight test aircraft is parked at Boeing's Everett Delivery Centre in Everett, Washington state. The US plane maker expects global passenger air traffic to grow at an average of 4.7 per cent annually until 2043. AFP
Boeing forecasts 44,000 new commercial planes by 2043 as aviation sector grows

About 2.4 million jobs and record $4.4 trillion in market services value will result in next two decades, report says

July 20, 2024, 10:20 AM
Queues of passengers at Air Asia check-in counters at Don Mueang Airport in Bangkok, Thailand, on Saturday. The CrowdStrike disruption has dwindled, but effects may linger into the weekend. Getty Images
Aviation worst affected by IT outage as CrowdStrike fallout rolls on

Microsoft says crash impacted one per cent of Windows machines, with 'broad economic and societal impacts'

July 20, 2024, 9:07 AM
DP World Yarimca will now be known as DP World Evyap Yarimca as a result of the merger. Photo: DP World
DP World and Evyap Group merge port operations in Turkey to boost trade

The new business will have an annual container handling capacity exceeding two million TEUs

July 19, 2024, 10:10 AM
An attendant at a petrol station in Shanghai. China's slowing economy has sparked worries about oil demand. EPA
Oil drops to lowest in a month as US says Israel-Gaza truce imminent

Weak investor sentiment, stronger dollar and China's economic slowdown have also weighed on the crude market

July 19, 2024, 7:46 AM
The Abu Dhabi Global Market, one of the world's fastest-growing financial districts, has attracted more global asset managers. Victor Besa / The National
ADGM to adjust licence registration fees as part of Reem transition

Financial district will cut fees for non-financial and retail categories, while FinTech and financial companies will be charged more

July 17, 2024, 10:03 AM
Emirates SkyCargo serves 140 destinations across six continents. Photo: Emirates Group
Emirates SkyCargo orders five Boeing 777 planes as it expands capacity

Aircraft will bring airline's freighter fleet to 17 and increase its main deck cargo capacity 30% by 2026

July 16, 2024, 10:57 AM
Valentyn Volkov and Roman Axelrod, right, co-founders of Xpanceo, with prototypes of their smart contact lenses at their laboratory in Dubai. Antonie Robertson / The National
Dubai start-up viewing future through smart contact lens

Generation Start-up: Xpanceo's smart contact lenses provide an 'infinite' extended reality view, Iron Man-style

July 15, 2024, 3:30 AM
Traders are seen on the floor at the New York Stock Exchange. The S&P 500 and Dow Jones Industrial Average both hit intraday highs on Friday. Reuters
Wall Street flirts with records as investors grow more optimistic about Fed rate cuts

Confidence was boosted after US inflation was shown to have fallen in June

July 13, 2024, 11:26 AM