Topic: innovation hub
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Dubai's in5 Startups Raise $2.45B, Celebrating 10 Years of Innovation
Startups from Dubai's in5 incubator have collectively raised AED 9 billion ($2.45 billion), marking a 14% increase since October 2024 and reinforcing Dubai's status as a global entrepreneurship hub. This funding milestone aligns with Dubai's Economic Agenda D33, aiming to double the economy in a ...
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Dubai Chamber, 28DIGITAL Partner to Boost Tech Startup Growth
The Dubai Chamber of Digital Economy and 28DIGITAL have formed a strategic partnership to support tech startups by enhancing market discovery, investment facilitation, and international expansion between Dubai and Europe. Signed at the Expand North Star 2025 event, this alliance aims to strengthe...
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Nokia Bell Labs Breaks Ground on New Jersey Headquarters
Nokia Bell Labs is establishing a new headquarters in New Brunswick, New Jersey, marking a significant chapter as it celebrates its 100th anniversary and continues its legacy of innovation. The ten-story HELIX 2 facility, set to open by 2027, is part of an innovation district designed to foster c...
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Saudi Arabia Cements Global AI Leadership with Major Investments
Saudi Arabia is rapidly becoming a global AI leader, driven by a national vision to diversify its economy and foster innovation-driven growth. The Kingdom has announced over $14.9 billion in AI investments, attracting major tech firms like Microsoft and Groq, and launched Humain, a new AI enterpr...
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Lenovo Launches New Middle East & Africa HQ in Riyadh
Lenovo has begun constructing its new Middle East and Africa Regional Headquarters in Riyadh, reinforcing its commitment to the local market and aligning with Saudi Arabia's Vision 2030, with operations set to start by March 2026. The headquarters will serve as a strategic hub for innovation, par...
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U.S.-UAE AI Chiefs Forge Tech Partnership
AI integration is a top national priority for the UAE, central to its strategy for pioneering digital governance and achieving strategic ambitions. A high-level UAE delegation visited the U.S. to foster international collaboration, share best practices, and build partnerships with leading tech fi...
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UAE and Google Launch "AI for All" Initiative
The UAE has launched the "AI for All" program in partnership with Google to provide comprehensive AI training to citizens and residents of all ages and backgrounds, aiming to build a technologically skilled society. The initiative is designed to equip individuals with foundational AI knowledge an...
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Oman Launches First AI Zone to Attract Global Tech Start-ups
Oman has launched its first Artificial Intelligence Zone to attract global tech start-ups and position the country as a regional AI innovation hub. The 100,000 square meter zone, with an investment of RO 100 million, will provide integrated facilities to foster innovation, draw foreign capital, a...
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Alipay+ Expands to Saudi Arabia, Enabling QR Payments for Merchants
The Saudi Central Bank and Ant International are partnering to introduce cross-border QR payments by 2026, enhancing financial inclusion and supporting Saudi Vision 2030. This integration will allow Saudi merchants to accept payments from over 1.7 billion users across 36 digital wallets, boosting...
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OCBC boosts annual tech spend past $771mn as new CEO bets on AI
OCBC plans to increase its annual technology spending past $771 million (close to S$1 billion) under new CEO Tan Teck Long, deepening its commitment to AI and digital banking as a major strategic move. The bank aims to embed AI, digital tools, and data into customer experiences to build scale, pe...
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UiPath Opens Riyadh Office to Boost Saudi Vision 2030 with AI
UiPath opened its new regional headquarters in Riyadh on October 22, 2025, expanding its presence in Saudi Arabia to support the adoption of agentic automation and AI in line with Saudi Vision 2030. The company's automation solutions are already improving efficiency in key Saudi institutions, and...
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SmartBear & Adactin Partner to Boost AI Testing in APAC
SmartBear has partnered with Adactin to expand the distribution of its software testing tools across the Asia-Pacific region. The alliance aims to meet growing demand for quality assurance tools driven by digital transformation and AI-enhanced development workflows. This collaboration will delive...
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