Shock court order risks legacy of Tata’s legendary dealmaker

For more than 150 years, the Tata Group has been synonymous with India’s nation-building project, venturing into everything from autos to airlines when the country needed them. And no executive better personified India’s emergence on the world stage than Ratan Tata, whose string of dazzling takeovers took a largely domestic firm global. Now at 81, […]

WeWork in talks to sell unit for a lot less than it paid 8 months ago

San Francisco: WeWork, seeking to cut costs and unload assets, is in discussions to sell one of its business units for less than a quarter of the price it paid eight months ago, according to people familiar with the talks. A group of investors and technology executives are negotiating a purchase of the Managed by […]

Aramco ends week in red, short of $2 trillion valuation mark

Dubai: Oil behemoth Saudi Aramco will finish its first full week of trading with a loss of 4 per cent, closing at 35.5 Saudi riyals ($9.46) per share on Thursday. Shares had traded in the red for three straight sessions, after rising for four days after listing on December 10, when it was first offered […]

Investment in A.I. Systems in the MEA Region will grow to over US$100 million by 2021

“Education in Artificial Intelligence will be as important as education in mathematics in less than five years”, said Dr. Petar Stojana, Managing Partner, Ebtikaar, speaking at the A.I. Everything Summit 2019. “A.I will impact the global economy across so many different areas. Dubai is really at the forefront, and Ebtikaar is collaborating with a number […]

Dubai’s Wrappup used #A.I. and voice tech to evolve from idea to a business in 24 hours

“It’s been incredible to see our technology being used in a product that is funded by Microsoft ventures, Cisco ventures and Google, all from a hackathon idea in Dubai.” Find out how Dubai’s Angelhack #hackaton helped Rami Salman, Founder & CEO, Wrappup, VP of Growth, Voicea, develop a concept into a tangible business based on […]