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English / العربية / Français / Eλληνικά

Tag: middle east business magazines

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil Why is DeepSeek causing global technology shockwaves? Matt Sheehan: DeepSeek is a Chinese AI startup that recently released a series of very impressive generative AI models. One of those models, DeepSeek R1, is a “reasoning model” that takes its time to think through an extended chain of logic before it gives an answer....

Market Thoughts – Subdued Start To Holiday-Shortened Week

Market Thoughts – Subdued Start To Holiday-Shortened Week Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone DIGEST – Markets started the week in subdued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are in focus. ued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are...
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80% of Large Enterprise Finance Teams Will Use Internal AI Platforms by 2026

80% of Large Enterprise Finance Teams Will Use Internal AI Platforms by 2026 By 2026, 80% of large enterprise finance teams will rely on internally...

NASA Cancels $2B Satellite Servicing Test Project Due To Budget

NASA Cancels $2B Satellite Servicing Test Project Due To Budget  By Muhammad Addam Forbes Middle East Staff Forbes Middle East: NASA announced Friday the termination of...

Bank of Palestine Launches Initiatives to Support Innovation and Startups in Gaza

Bank of Palestine Launches Initiatives to Support Innovation and Startups in Gaza  Bank of Palestine launched two initiatives to support the Palestinian technology innovators and...

High value deal volume decline reflects shift in investor strategies in 2023

High value deal volume decline reflects shift in investor strategies in 2023 The global venture capital (VC) landscape saw a remarkable transformation with a substantial...

Bitcoin at 46,000 for the first time again since the launch of spot ETFs as sentiment returns

Bitcoin at 46,000 for the first time again since the launch of spot ETFs as sentiment returns crypto analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com The gains of cryptocurrencies, which have been...

IT Spending to Grow 6.8% in 2024

 IT Spending to Grow 6.8% in 2024 Worldwide IT spending is expected to total $5 trillion in 2024, an increase of 6.8% from 2023, according...

Euro falls violently as the US labor market

Euro falls violently as the US labor market Today's market analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com The euro fell sharply today after 1:30 p.m. GMT, after reversing its gains into losses...

VC funding in India down by more than half to $7.8 billion in 2023

VC funding in India down by more than half to $7.8 billion in 2023 Indian startups went through a harsh funding winter during 2023, resulting...

Gold Price Outlook: What’s happening in the markets?

Gold Price Outlook: What's happening in the markets? Market analysis on behalf of Rania Gule Market Analyst at XS.com The price of gold has declined, losing more...

Cryptocurrencies consolidate after a worse than expected week of performance

Cryptocurrencies consolidate after a worse than expected week of performance Today's Crypto analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com Cryptocurrencies are trying to consolidate today after the bad performance they recorded throughout the...

The IMF greenlights $1.2 billion loan to Jordan for economic reforms.

The IMF greenlights $1.2 billion loan to Jordan for economic reforms. The Executive Board of the International Monetary Fund (IMF) approved today a four-year arrangement...

300 minds, one mission: Transforming the future through AI

300 minds, one mission: Transforming the future through AI The final stage of the Dubai Centre for Artificial Intelligence’s (DCAI) accelerator program witnessed the participation of 30 companies from...