Author: Mahdeehassan

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FFAI”) and FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (formerly AIxCrypto Holdings, Inc. and AIXC) (“FFR”) signed definitive agreements on October 12, 2026, for FFR to acquire FFAI’s robotics assets and business in an all-stock transaction. FFR to become the First U.S.-Listed Pure-Play Humanoid and Bionic EAI Robotics Company under the agreement. The parties agreed on a valuation of approximately $200 million for FFAI’s robotics business and approximately $60 million for FFR on a fully diluted basis. The closing is expected to be completed by the end of October 2026. Los Angeles, CA…

Freelander will showcase FREELANDER 8 at the 2026 chery international User Summit, hosted by Chery Auto at its global headquarters in Wuhu, China, next week. Following its Global Brand Launch in Abu Dhabi on 29th September 2026, where the UAE was confirmed as its first international market, the brand will present how british design heritage and intelligent technology come together in its first strategic model. Held under the theme “ECO-TECH FOR OUR FUTURE LIFE”, the Summit will bring together users, media and ecosystem partners from around the world. Centred on technology, ecosystem and convergence, it will showcase green tech and…

Bitmanager researchers Kirill Borodin and Vasily Kudryavtsev presented scientific papers at Interspeech 2026 in Sydney. Interspeech was the flagship conference of the International Speech Communication Association (ISCA) and the world’s largest scientific conference dedicated to speech processing technologies. Acceptance into the main programme marked an important step in the development of Bitmanager’s research capabilities. Multilingual speech technologies were among the company’s strategic priorities. One of the presented studies examined the detection of AI-generated speech and voice deepfakes across languages. The authors developed LRLspoof, a multilingual research dataset containing more than 2,700 hours of synthetic speech in 66 languages, generated using…

Dubai-based business setup consultancy Dubiz has expanded its 24/7 support service for international founders, allowing entrepreneurs across different time zones to access guidance on company formation, licensing and related requirements around the clock. The move comes as Dubai continues to attract new international businesses. In the first quarter of 2026, the Dubai Chamber of Commerce welcomed 562 new British companies and 211 French companies, reflecting continued interest from overseas founders and investors. With enquiries increasingly coming from markets across Asia, Europe, Africa and the Americas, the company said access to business setup information is no longer limited to conventional UAE…

Kerno, a UAE-based manufacturer of enterprise-grade IT infrastructure, and SAAL.ai, a UAE developer of Data Platform and Agentic AI solutions for government and enterprise, today signed a Memorandum of Understanding at AI Everything 2026. Under the agreement, the two companies will co-develop and deploy an integrated Sovereign AI-in-a-Box solution that is engineered, manufactured and supported entirely in the UAE. The MoU was signed by Evgeny Ostrovskiy, Chief Revenue Officer and Co-Founder of Kerno, and Vikraman Poduval, Chief Executive Officer of Saal.ai.  The solution gives organisations one accelerated path from data preparation to agentic AI. It is delivered at optimal cost, and customers…

Tumodo, the UAE-based online business travel platform, reports on corporate travel demand, pricing and destination trends for Q3 2026. The region had a difficult beginning of 2026, but forecasters expect a recovery. International travel in MENA and South Asia will grow 17% in 2027, more than twice the global rate of 8%. Compared with Q3 2025, trips on Tumodo’s platform rose 112% and spend rose 132%. Against Q1 2026, trips were up 44% and spend was up 72%. A recent report projects that Middle East business travel spending will reach $16 billion in 2026. September was the busiest month for…

As artificial intelligence makes it easier to produce content at scale, the challenge for brands is increasingly shifting from creating more to deciding what deserves attention. This was among the key themes to emerge at the third edition of the Communicate AI Conference 2026, held on 29 September at Dubai Knowledge Park under the theme‘The Age of Abundance’. Organised by Communicate, the leading Middle East advertising and media platform, in partnership with NordStella, the region’s leading community-driven event and content powerhouse, speakers explored how brands and agencies can differentiate their work in an environment where speed and scale are no…

Riverbed, the leader in AIOps for observability, today announced the results of the Riverbed Global Survey on ‘The State of Autonomous IT Operations’. Artificial intelligence has crossed the threshold from experimentation into the IT operating model, with organisations accelerating efforts to operationalise AI and progress towards autonomous IT. As AI assumes a greater role in enterprise operations, the ability to understand, trust and govern it will become increasingly important.* The Saudi findings from this new research indicate that organisations in the Kingdom are particularly alert to this requirement. More than half (54%) of Saudi respondents are extremely confident in their…

AHOY, the group building the world’s leading deployed sovereign physical AI platform, today announced the appointment of Kamil Hilali to its board of Directors as an Independent director. Mr. Hilali is Group CEO of TASC Towers Holding, an independent digital infrastructure platform operating across the Middle East and North Africa. He previously served as Group Chief Strategy Officer of Zain Group, where he led the development and execution of the 4Sight and 4WARD strategies underpinning Zain evolution from a mobile operator into a diversified digital and infrastructure TechCo, leading landmark M&A, capital restructurings, IPOs and tower divestments. He serves as…

BHM capital financial Services PSC, the leading financial institution in the capital markets of the United Arab Emirates, has announced the expansion of its presence in kazakhstan with its appointment as a market maker on Kazakhstan Stock Exchange (KASE). Following its recently announced appointment as a market maker on Astana International Exchange (AIX), this strategic step strengthens the company’s international presence and advances its global expansion strategy. The appointment reflects BHM Capital’s commitment to extending its market-making expertise across international exchanges and building closer connections between the UAE and global financial markets. Through its appointment on KASE, BHM Capital aims…