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Divsha Bhat

Technology Editor

Divsha is based in Dubai and writes about cutting-edge technology. She used to be technology editor at Gulf Business

Divsha Bhat
Dubai rendered in the metaverse. Prices of virtual land plots peaked in 2022

The Mena metaverse: moving beyond the hype

Two years ago, the concept of metaverse lands transformed from an interesting subculture into a thriving multi-billion-dollar market, capturing the interest of major investors both regionally in the Middle East and globally.  Metaverse lands, made of pixels and digital images, refer to buildings and plots within a virtual environment, offering spaces for gaming, socialising, business […]

In 2023 the Turkish government provided $22m in financial support to companies operating in the health services export sector

Turkey’s health tourism sector worth $2bn in 2023

Turkey’s health tourism sector generated revenue of $2.3 billion in 2023, data released by the Ministry of Trade reveals. Health service exports surged from $1.9 billion in 2022 to $2.3 billion in 2023, driven by an influx of 1.4 million health tourists, placing Turkey seventh in the global health tourism rankings. The country has 40 […]

A dedicated cybersecurity team can help to tackle threats, but only 32% of organisations in the energy sector have one

UAE is a ‘prime target’ for ransomware attacks

The UAE is a “prime target” for ransomware attacks, the country’s Cyber Security Council has warned. Its 2024 State of the UAE Cybersecurity report says the Emirates’ rapid digital transformation has increased its vulnerability to cyberattacks, including ransomware incidents and distributed denial of service (DDoS) attacks. “The broader Middle East region” is a target for […]

The global refurbished and used mobile phone market is forecast to grow from $50bn in 2022 to $172bn by 2033

Egypt plans €100m smartphone recycling centre

A €100 million smartphone refurbishment and recycling plant is being planned for the Suez Canal Economic Zone.  The man leading the project is named by Daily News Egypt as Samuel Mathias, an expatriate Egyptian who is said to be a Paris-based electronics engineer and business owner.  The newspaper said that Soha Gendi, Egypt’s minister of […]

Statevolt factory rendering

US battery manufacturer to build $3bn factory in Rakez

The American battery manufacturer Statevolt is to construct a $3 billion factory in Ras Al Khaimah.  Statevolt Emirates, as the venture will be known, will generate up to 2,500 jobs at its 60 hectare facility in Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone (Rakez).  The manufacturing facility is “strategically focused on key […]

Abu Dhabi tourism

Abu Dhabi to create 178,000 new tourism jobs

Abu Dhabi wants to attract 40 million visitors and generate 178,000 new jobs in its tourism sector by 2030 to help diversify its economy away from oil. The emirate wants to increase tourism’s contribution to its non-oil GDP to AED90 billion ($24 billion) a year by the end of the decade, Abu Dhabi Media Office […]

Payments processed from international visitors rose 55%

Network International profit shrinks while revenue grows

High interest rates and currency devaluations dented profit at Middle East payments provider Network International last year, despite revenue rising by 13 percent. The company posted net profit of $67 million for 2023, a drop of 16 percent year on year. The primary impact on profit for the year came from increased financing costs as […]

Emirati director Nayla Al Khaja. Her film 'Three' is currently being shown in UAE theatres in Mandarin using Camb.ai's AI translation programme

Dubai startup helps AI-voice cloning take centre stage

A YouTube video released in January of Novak Djokovic shows the tennis star speaking fluent Spanish at a post-match press conference.  While the Serbian champion is renowned for speaking several languages, in this case his voice was created by an artificial intelligence tool developed by a Dubai-based startup, Camb.ai. The original Djokovic footage was taken […]

E7 Group abu dhabi

Abu Dhabi’s E7 signs international security contracts

An Abu Dhabi printing and security provider has signed contracts to supply identity cards and driving licences to three countries in Africa and Latin America. E7 Group said in an ADX bourse filing on March 26 that it had signed contracts valued at AED 13 million ($3.5 million) to manufacture and supply the identification cards […]

Elie Habib, co-founder of streaming service Anghami

MBC Group buys stake in Anghami

Shares of the Abu-Dhabi-based music streaming company Anghami rose by more than 80 percent this week after the release of a regulatory filing revealed that Saudi media company MBC Group has acquired a 14 percent stake. MBC Group, through its arm MBC Ventures, purchased four million ordinary shares of the Nasdaq-listed company. The purchase was […]

The operations centre at Saudi Aramco's Dhahran HQ. A 2012 cyberattack on the company wiped out data on 30,000 computers

Saudi Arabia steps up battle against AI cyberattacks

Twelve years after hackers brought oil production at Saudi Aramco to a halt for more than a week, Saudi Arabia is still susceptible to cyberattacks, a study had found. A survey of 8,000 private sector companies in 30 countries by Cisco AI Readiness Index revealed that the number and impact of attacks was rising and […]

This photo taken from the International Space Station shows the 'blue halo' of the Earth's stratosphere

Saudi Arabia plans tourist flights into the stratosphere

From 2026, well-heeled tourists in Saudi Arabia will be able to book a day trip that is out of this world: a near-space flight priced at $164,000 per person. Halo Space, a Madrid-based company that is developing a craft for flights into the Earth’s stratosphere, has chosen the kingdom as one of its departure bases […]

People, Person, Adult Formula One F1 - Saudi Arabian Grand Prix - Jeddah Corniche Circuit, Jeddah, Saudi Arabia - March 9, 2024 Chairman of Aramco's Board of Directors HE Yasir O. Al-Rumayyan is pictured on the grid before the race REUTERS/Hamad I Mohammed

Saudi Arabia to create $40bn AI fund

Saudi Arabia plans to create a $40 billion fund to invest in artificial intelligence, The New York Times reported on March 19, citing three sources briefed on the plans. Officials of the kingdom’s sovereign wealth fund – the Public Investment Fund – have discussed a potential partnership with US venture capital firm Andreessen Horowitz and […]

Saudi Arabia's first robot, Sara, is inspected by a visitor at Leap in 2023. This year she was joined by a male counterpart, Mohammad

Saudi Arabia ‘leads GCC’ in adoption of robotics

The rising number of robotics companies in Saudi Arabia has helped the kingdom become a regional leader in the adoption and development of the technology, experts have told AGBI.  The number of robotics companies registered in the country surged to 2,344 in the second quarter of 2023, up from 1,537 a year earlier, according to […]

infractstructure construction Dubai mall Shop, Shopping Mall, People

Infrastructure projects to lift UAE construction sector

While the residential segment continues to dominate the $94 billion UAE construction sector, investments in transport and renewable energy infrastructure will help propel future growth, a new report says. Government transport projects such as rail and road infrastructure, energy ventures and sewerage and water infrastructure projects, will fuel the construction sector’s expansion, according to the […]

Visitors at the Leap Technology Conference in Riyadh

Saudi Arabia backs tech startup sector with $888m

Saudi Arabia has announced investments worth $888 million to support the local tech startup and venture capital sector. The funds will support industries such as digital payments, e-gaming and artificial intelligence (AI). The announcement was made on the second day of the Leap international technology conference taking place this week in Riyadh. Saudi Arabia has […]

Saudi Aramco's digital transformation means 'tasks that used to consume hours can now be completed in seconds', says CEO Amin Nasser

Aramco launches world’s first industrial AI model

Saudi Aramco, the world’s largest oil company, has launched a generative artificial intelligence model. The Aramco Metabrain AI, a first for the industrial sector, has 250 billion parameters, or learnable variables, which it adjusts during training to make predictions or generate outputs. It was trained on 7 trillion data points gathered over the company’s 90-year […]

The partnership with AWS ignites a new era of technological innovation for the kingdom, said Saudi IT minister Abdullah Alswaha

Amazon to invest $5.3bn in data centres in Saudi Arabia

Amazon Web Services (AWS), the cloud division of Amazon, is to invest $5.3 billion (SAR20 billion) in establishing data centres in Saudi Arabia. The move will allow customers to run workloads and securely store customer content within the kingdom, as well as offer high-speed access to users.   “Today’s announcement supports Saudi Arabia’s digital transformation with the […]

Aviation IT Shop, Shopping Mall, Person Dubai Airports already uses biometric technology and is preparing to launch a Smart Corridor to speed up boarding procedures airport aviation IT airports airlines investment

Aviation spends billions on IT to improve experience

The aviation sector invested billions into IT in 2023, as companies sought to improve passenger experience, according to a new industry report. Global airports increased their IT spending by 23 percent year on year to almost $11 billion last year, while airlines upped spending by 15 percent to $34 billion, according to the 2023 Air […]

Idris Elba was among the celebrities at the Hub71 Impact Summit who see the potential in investing in Abu Dhabi

Abu Dhabi courts celebrity investors to make its mark

Abu Dhabi is increasingly turning to celebrities, from actors and comedians to boxers and writers, to increase its presence on the world stage. The UAE’s capital has attracted entrepreneurs from around the world who are investing and expanding their businesses in the emirate. Among the latest to announce plans to invest in Abu Dhabi are […]

Ericcson and Turkcell signed the 6G agreement at Mobile World Congress in Barcelona

Ericsson and Turkcell to lead 6G research in Turkey

Swedish telecom company Ericsson and Turkish operator Turkcell will begin advancements on research and development of 6G in Turkey. The sixth-generation wireless network will use higher frequencies than its predecessor 5G and provide substantially higher capacity and much lower latency. The advent of 6G networks holds promise of faster connectivity in various sectors including wireless […]