Author: Arabian Media staff
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Image: Getty Images/ For illustrative purposes The Middle East and North Africa (MENA) region recorded 11 initial public offerings (IPOs) raising a total of $700m in thQ3 2025, up 120% from a year earlier, according to the EY MENA IPO Eye Q3 2025 report. The rise was driven largely by mid-market activity, with Saudi Arabia once again dominating regional listings. The kingdom accounted for eight of the 11 IPOs, raising $637m in proceeds. Dar Al Majed Real Estate Company led with the region’s largest IPO of the quarter at $336m, representing 45.5 per cent of total funds raised. The other…
At the Security Analyst Summit in Thailand, Kaspersky’s Global Research and Analysis Team (GReAT) revealed the latest wave of BlueNoroff APT activity through two newly identified campaigns — GhostCall and GhostHire. The sophisticated operations, active since at least April 2025, have been targeting Web3 and cryptocurrency organisations across India, Turkiye, Australia, and multiple countries in Europe and Asia. BlueNoroff, a subdivision of the notorious Lazarus Group, has expanded its long-running SnatchCrypto campaign — a financially motivated initiative targeting the global crypto industry. The new GhostCall and GhostHire operations employ advanced infiltration techniques and custom-built malware designed to compromise blockchain developers…
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Image: Supplied Lucid Group, Inc., maker of the world’s most advanced electric vehicles, has announced a landmark collaboration with NVIDIA to accelerate its journey toward full vehicle autonomy and intelligent manufacturing. The partnership will see Lucid deploy NVIDIA DRIVE AV to power one of the world’s first privately owned passenger vehicles with Level 4 autonomous driving capabilities, while also leveraging NVIDIA’s Industrial AI platform to transform its production ecosystem. In addition, Lucid plans to implement a unified AI factory powered by NVIDIA Omniverse and NVIDIA AI Enterprise, enabling smart manufacturing, process optimisation, and enhanced operational agility. “Our vision is clear:…
Image: Supplied Aligned with the UAE’s national food security goals, Al Ain Mills and Ethmar International Holding (EIH) have partnered with the Abu Dhabi Investment Office (ADIO) to develop a state-of-the-art milling facility in Abu Dhabi. This strategic project underscores a shared commitment to advancing the UAE’s food security agenda and supports Abu Dhabi’s broader vision to position the Emirate as a regional hub for sustainable food production and processing. The new facility marks Al Ain Mills’ expansion into Abu Dhabi, significantly increasing its production capacity and strengthening the UAE’s overall food processing infrastructure. The initiative is being led by…
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Image: Supplied With more than three decades of experience at the intersection of higher education, sustainability and technology, Dr Behjat Al Yousuf stands out as a key influencer in the UAE’s transition to a low-carbon, innovation-driven future. A former interim provost of the Masdar Institute of Science and Technology and now EVP for Outreach and Engagement at the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). She also serves on the Selection Committee of the Zayed Sustainability Prize, bringing deep insight into how breakthrough clean-energy solutions can be scaled globally. In our interview, she discusses why the UAE is emerging…
Image: Supplied Chinese artificial intelligence firm iFLYTEK has reinforced its Middle East ambitions following its showcase at GITEX GLOBAL 2025 in Dubai, where it unveiled a comprehensive multi-scenario AI ecosystem. The launch, led by chairman and CEO Dr Liu Qingfeng and VP Vincent Zhan, highlighted innovations including the iFLYTEK AINOTE 2, the world’s thinnest E-ink tablet, and AI Translation Earbuds capable of real-time Arabic, English, and Chinese translation. The event demonstrated iFLYTEK’s commitment to localised AI solutions for individuals, enterprises, and governments. Products such as the Spark WallEX, which transforms physical spaces into interactive smart environments, and the All-in-One AI…