Author: Arabian Media staff
Image: Getty Images Talabat Holding, the on-demand online ordering and delivery platform in the MENA region, has reported robust pro forma financial results for the three-month and six-month period ended 30 June 2025, supported by double-digit growth across GCC and non-GCC markets. Gross merchandise value (GMV) rose 32 per cent year-on-year to $2.4bn, or 33 per cent on a constant currency basis. Revenue increased 35 per cent to $982m (36 per cent constant currency), while adjusted EBITDA grew 31 per cent to $166m, representing 6.8 per cent of GMV. Net income climbed 33 per cent to $119 million, or 4.9…
Image: Getty Images/ For illustrative purposes Abu Dhabi’s artificial intelligence (AI) sector has expanded 61 per cent between June 2023 and June 2024, reaching 673 companies and positioning the emirate as the fastest-growing AI hub in the Middle East and North Africa (MENA), data from the Abu Dhabi Chamber of Commerce and Industry (Abu Dhabi Chamber) showed. The emirate now accounts for a notable share of the world’s 90,904 AI companies and is aiming to cement its role as a global leader in AI-driven enterprise, innovation and research. The growth is underpinned by institutions such as the Mohamed bin Zayed…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Gareth Mills, partner at Charles Russell Speechlys/Image: Supplied As Gulf states race to become digital hubs, two neighbours are carving very different approaches to data governance. Bahrain has invested in cloud and data-centre capacity and adopted a pragmatic, adequacy-style model for cross-border flows. Qatar is pursuing a centralised, sovereignty-first playbook—backed by a GDPR-style law, a state-led cloud framework and big infrastructure bets. Both trajectories create real commercial opportunities, but they also reshape compliance, cloud strategy and operational resilience for any firm doing business in the region. That is the succinct read from Gareth Mills, partner at Charles Russell Speechlys, who…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Image: Supplied Few arenas combine raw human grit with technological brilliance quite like Formula 1. The roar of engines, precision manoeuvres, and split-second decisions have long been the hallmarks of this sport. But as the 2025 season charges ahead, a quiet shift is unfolding. Formula 1 (F1) isn’t just a battle of horsepower and courage anymore. It’s turning into a silent war waged with algorithms, neural networks, and cloud computing. With 1.5 terabytes of data generated per car per race weekend, the smartest team, not just the fastest, holds the edge. Welcome to F1’s new era: the code-driven arms race.…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link