Author: Sam Allcock

By the end of 2027, over 40% of agentic AI projects will be canceled due to escalating costs, insufficient business value, or inadequate risk controls, according to a new forecast by Gartner, Inc. The findings reflect growing skepticism around the real-world viability of agentic AI as organizations struggle to transition from experimentation to scaled deployment. “Most agentic AI projects right now are early-stage experiments or proofs of concept that are mostly driven by hype and are often misapplied,” said Anushree Verma, Senior Director Analyst at Gartner. “This can blind organizations to the real cost and complexity of deploying AI agents…

At Tech World Shanghai 2025, Lenovo pulled the curtain back on its most advanced gaming laptop to date — the Lenovo Legion 9i (18”, 10) — engineered for both hardcore gamers and game developers seeking elite performance, AI-powered support, and immersive visual capabilities. Described by Lenovo as a device that “sets a new standard”, the Legion 9i integrates next-gen technologies to meet the growing demands of modern gaming and real-time 3D content creation. With an 18” PureSight display supporting up to 4K in 2D and optional 2K 3D support — without the need for glasses — the device is as…

NIKE, Inc. announced today the nomination of Jørgen Vig Knudstorp, former CEO of the LEGO Group, for election to its Board of Directors at the company’s upcoming 2025 annual shareholders’ meeting on September 9, 2025. Knudstorp, known for his transformative leadership at LEGO, served as the toy giant’s President and CEO from 2004 to 2016, then as Executive Chair of LEGO Brand Group until 2023, and currently holds the role of Deputy Chair of the LEGO Foundation. He originally joined LEGO in 2001, holding various strategic and leadership roles before taking the helm during a pivotal turnaround phase. “Jørgen’s strong…

At a high-octane launch event in Dubai, Nissan set the stage for a new era of performance with the world premiere of the most powerful-ever Patrol NISMO, alongside the regional debut of the exhilarating Nissan Z NISMO. The event brought together over 250 guests, including customers, motorsport enthusiasts, and media, to celebrate Nissan’s legendary racing DNA and deep connection with Middle Eastern drivers. The dual unveiling marked a pivotal moment for the brand’s NISMO (Nissan Motorsports International) line-up, reinforcing its commitment to creating emotionally charged, high-performance vehicles tailored for the region’s driving culture. Unveiled with dramatic flair, the Patrol NISMO…

JAGGAER, a global leader in autonomous commerce, has announced the launch of JAI—an advanced AI-powered procurement orchestrator that reimagines the relationship between procurement professionals and enterprise technology. Described as a human-guided intelligent partner rather than a traditional assistant, JAI is poised to transform enterprise procurement into a dynamic, outcome-driven experience. Built as the next evolution of JAGGAER Assist and embedded within the JAGGAER One platform, JAI (pronounced “Jay”) leverages the latest advancements in large language models (LLMs) to offer a powerful suite of capabilities, including natural language Q&A, PO invoice anomaly detection, and generative AI for summarization and drafting. With…

Dubai Investments, a leading company listed on the Dubai Financial Market, has officially launched construction on Asayel Avenue, a new AED 400 million residential cluster within its flagship Mirdif Hills development. The project is being developed through Dubai Investment Real Estate (DIR), the Group’s real estate subsidiary. The ground-breaking ceremony, held in Mirdif, was attended by senior officials from Dubai Investments and DIR, along with representatives from the project’s consultants and contractors. The move marks a significant new chapter for the Mirdif Hills community, already known for its integrated and family-friendly design. “Asayel Avenue reflects our commitment to sustainable, high-quality…

Union Coop has reaffirmed its operational readiness and strategic preparedness to maintain the uninterrupted availability of essential consumer goods amid ongoing regional tensions. The UAE-based retail cooperative said its supply chains continue to operate with high efficiency and adaptability, ensuring that consumers face no disruption in accessing basic commodities. In a statement, Union Coop emphasized that it holds a sufficient strategic stock of essential goods, especially those produced locally. The organization highlighted its prioritization of national products as a vital component of its strategy to mitigate any potential supply chain disruptions. Mohamed Al Hashemi, CEO of Union Coop, stated, “Our…

Dubai’s Global Village has officially opened applications for retail shops and guest services for its upcoming Season 30, inviting business owners and entrepreneurs to be part of what it promises will be its “most spectacular season to date.” The announcement follows the success of Season 29, which saw a record-breaking 10.5 million visitors from around the world. Known for its multicultural entertainment, food, and shopping experiences, Global Village continues to be one of Dubai’s most visited attractions, drawing guests of all ages and nationalities. The invitation extends to those looking to either launch or expand their businesses in the retail…

Egyptian cinema fans are abuzz with anticipation as acclaimed actor Karim Abdel Aziz is officially set to reprise his role in the third installment of the hugely successful Blue Elephant film series. The announcement, amplified by a public endorsement from Saudi entertainment chief Turki Al-Sheikh, marks a significant step toward the continuation of one of the Arab world’s most iconic psychological thrillers. A photo shared on Al-Sheikh’s official Facebook page showing him with the film’s crew sparked widespread excitement across social media platforms. Alongside the image, Al-Sheikh commented, “The Blue Elephant will be fire,” confirming that production on the third…

Trosmic Sports has announced plans for a $1bn indoor arena in the GCC that could reshape the region’s entertainment industry. Trosmic Sports has unveiled conceptual plans for Flux Halo, a $1 billion indoor megastadium that aims to set a new benchmark for live entertainment and sporting experiences in the Gulf Cooperation Council (GCC) region. The announcement, made on Tuesday, outlines a vision for a multi-purpose venue that will seat up to 20,000 spectators and host a wide variety of events, from football and basketball games to concerts, esports tournaments, and conventions. While the precise location of the stadium is yet…