RIYADH — Saudi Arabia’s Producer Price Index (PPI) increased 8.5 percent in June 2026 compared with the same month last year, driven by higher manufacturing prices, according to the General Authority for Statistics (GASTAT). Manufacturing prices rose 9 percent year-on-year, driven by a 14.4 percent increase in the manufacture of chemicals and chemical products, a 14.3 percent rise in wearing apparel, and a 13.2 percent increase in refined petroleum products. GASTAT’s figure showing Saudi Arabia’s Producer Price Index annual changes. Prices for the manufacture of basic metals increased 8.4 percent annually, while food products rose 4.6 percent. Elsewhere, prices for…
Author: Editorial Team
As the world marks International Youth Day, OMODA & JAECOO is highlighting how a new generation of intelligent mobility technologies is responding to the changing expectations of young drivers in the UAE. With AI, OMODA 4 and SIVP at the centre of its technology roadmap, the brand is bringing together intelligent interaction, assisted driving and electrified mobility to create vehicles that reflect the digital lifestyles and evolving priorities of younger consumers. OMODA & JAECOO’s global vision to “Co-Create A Beautiful Life With Young People” reflects this shift, placing young users’ expectations for intelligent technology, individuality and sustainable mobility at the…
LG Uplus recently improved the provision of AWS cloud services for public sector groups. This update was achieved by incorporating the set-up in its network and existing access systems. The operator stated the move provides access to an AWS cloud infrastructure brokerage through its existing support set-up for public sector organisations, meaning it can offer direct help in deploying tailored services. LG Uplus explained the approach can help customers deploy chatbots, generative AI services and search functions, and establish statistical and administrative databases. The operator believes such a system is crucial due to a surge in digital transformation projects. “LG…
MADRID — Much of Europe have enjoyed their most dramatic solar eclipse for nearly 30 years, with millions thought to have witnessed the once-in-a-generation event. Those watching the astronomical phenomenon from the UK on Wednesday were treated to a partial eclipse, which peaked shortly after 19:00 BST, when most saw more than 90% of the Sun covered by the Moon. But parts of Greenland, Iceland and Spain experienced the complete darkness and spectacle of a total eclipse. The path of the total eclipse began at the northern tip of Siberia in Russia, far away from crowds and telescopes. But it…
e& UAE recently announced the launch of NetSecure360, a network assessment, management and security platform designed to help small and medium-sized businesses across the UAE protect their IT operations, identify vulnerabilities and access expert technical support at competitive value. NetSecure360 helps small and medium-sized businesses identify and monitor network performance issues and security vulnerabilities that could affect day-to-day operations. The offering gives businesses greater visibility into their network environment alongside access to specialised support around the clock. Esam Mahmoud, Senior Vice President, SMB, at e& UAE, said: “For many small and medium-sized businesses, network and security vulnerabilities can disrupt operations,…
GOTHENBURG, Sweden, 12th August, 2026 (WAM) — Etihad Airways today announced a new seasonal service between Abu Dhabi and Gothenburg, starting 17th December 2026 and operating four times a week until 21st March 2027. The new service will create Gothenburg’s first direct air link to Asia, connecting Sweden’s west coast directly with Abu Dhabi and providing some of the fastest one-stop journeys to sought-after destinations across India and Asia through Etihad’s Abu Dhabi hub. Etihad’s complimentary Abu Dhabi Stopover programme allows eligible guests connecting through the city to add a hotel stay of up to two nights, turning their connection…
SHARJAH, 12th August, 2026 (WAM) — Under the directive of H.H. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Entrepreneurship Centre (Sheraa), Sheraa has launched the second edition of the Sharjah Women Impact Fellowship (SWIF), offering high-potential entrepreneurs leadership development, mentorship and strategic networks to help scale their ventures. SWIF builds on Sheraa’s long-standing commitment to advancing women-led entrepreneurship. Today, women lead 49% of the ventures supported by Sheraa, significantly exceeding global averages. Through the fellowship, Sheraa advances its broader vision of equipping founders to grow successful businesses and emerge as influential leaders shaping the UAE’s entrepreneurial ecosystem.…
For years, conversations about artificial intelligence (AI) have focused on copilots, chatbots and workplace productivity. These applications have dominated headlines, yet AI’s most transformative impact may be unfolding more quietly across infrastructure, with far greater long-term significance. AI is … Source: Tahawul Tech
RIYADH — Saudi Arabia emerged as one among the world’s top 10 countries for private AI investment, according to the latest World Bank report. The World Bank Group’s World Development Report 2026, titled “The Promise of Artificial Intelligence,” highlighted Saudi Arabia’s growing position in the global AI landscape. “The Kingdom has become an attractive destination for AI talent and a model for government data integration,” the report pointed out. This international recognition reflects the support and empowerment of the Kingdom’s leadership through an integrated national approach established by Saudi Vision 2030 to build an economy driven by data, compute, and…
SHARJAH, 12th August, 2026 (WAM) — Investments by Emirati youth in Sharjah’s real estate sector reached a cumulative value of AED 4.3 billion as of August 2026, through 7,052 properties traded by 5,314 young individuals. This reflects their growing position as strategic partners and their strong confidence in the attractiveness of the emirate’s economic and legislative environment. The statistical figures released by Sharjah Real Estate Registration Department coincide with the celebration of International Youth Day on 12 August, highlighting the pivotal role played by the nation’s youth in strengthening the real estate sector and their growing investment awareness, which has…