UAE Passes World’s First Federal AI Ethics Law — Sets Global Standard
The UAE has become the first country in the world to pass a comprehensive federal AI ethics law, establishing legally-binding obligations for AI developers and deployers and setting a precedent that other nations are expected to follow.
Middle East AI Startup Ecosystem Raises Record $8 Billion in 12 Months — Rivalling Silicon Valley
Middle East AI startups raised a record $8 billion in venture capital over the past 12 months, with Dubai and Riyadh emerging as the two dominant hubs in a region increasingly rivalling Silicon Valley for early-stage AI investment.
Saudi Crown Prince Unveils New Economic Vision: $3 Trillion Economy by 2040
Saudi Arabia has announced an ambitious expansion of Vision 2030, targeting a $3 trillion economy by 2040 with new pillars in green energy, advanced manufacturing, and digital infrastructure.
Bitcoin Crosses $200,000 as GCC Nations Signal Strategic Crypto Reserve Accumulation
Bitcoin has crossed the historic $200,000 milestone as multiple GCC sovereign entities signal active accumulation of cryptocurrency reserves, in a development that analysts say legitimises digital assets as sovereign-grade stores of value.
Kuwait’s Parliament Approves $200 Billion Economic Reform Package in Historic Vote
In a historic parliamentary session, Kuwait has approved its most ambitious economic reform package in 60 years, committing $200 billion to diversification, privatisation, and a restructured fiscal framework.
