The two companies have signed a three-year partnership.

Abu Dhabi, UAE--ADNEC Group has announced the launch of the region's first Bitcoin MENA Conference 2024 set to take place on 9-10th December 2024 in the Abu Dhabi National Exhibition Centre (ADNEC Centre Abu Dhabi). Co-organised by Capital Events, the event management arm of ADNEC Group, and BTC Inc., the...

Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the risks of a technology developing at breakneck speed, while also fostering innovation on the continent.

Dubai, UAE--Total spending using international cards in the UAE witnessed a growth of more than 25% during the year 2023. J.K. Khalil, General Manager, MENA East, Mastercard, told Emirates News Agency (WAM) that digital payments continue to experience remarkable growth in the UAE, with more users and companies opting for...

Riyadh, Saudi Arabia--The biggest tech show in the Middle East, LEAP 2024, hosted by Saudi Arabia in Riyadh, is preparing for what organizers are terming as "record-breaking" final day with more announcement of investments expected to be made on the occasion. Abdullah Al-Swaha, Saudi minister of communications and information technology,...

Barcelona, Spain -- e& Friday pledged to invest $6 billion between 2024 and 2026 in technological advancement, infrastructure development, and innovative digital solutions to extend meaningful connectivity to everyone. In an announcement at Mobile World Congress (MWC), e& said this investment is set to provide accessible and affordable network connectivity...

ABU DHABI, UAE - Abu Dhabi’s residential sector has witnessed one of the best years on record, where a total of 11,200 units were sold across the capital, up 83 percent y-o-y. The increase in demand for residences has been driven by several positive initiatives and announcements by the government,...

Sao Paulo, Brazil-- The UAE has affirmed that it collaborates with the BRICS nations in order to establish sustainable development policies, effective financing solutions and an advanced digital infrastructure. This was stated by Mohamed Hadi Al Hussaini, UAE's Minister of State for Financial Affairs at the first BRICS finance ministers...

It will help customers to seamlessly process transfers.

Dubai, UAE-- The World Governments Summit (WGS) has ushered in a new decade of positive impact, inspiring governments and societies to join the global community in its ongoing journey to shape the future, according to Hamid Al Zaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing...

Dubai, UAE--South Korea has pressed for boosting cooperation with the UAE in the field of advanced technology and artificial intelligence (AI) to enable digital government. This was stated by Dr. Koh Jean, Chairman of the Presidential Committee on the Digital Platform Government in the Republic of Korea, on the sidelines...

The company said orders nearly doubled in mobility division.

The majority stake was acquired for $7.6 million.

The Noqodi platform will enable digital payments.

Abu Dhabi, UAE-- The UAE and Malaysia have signed a memorandum of understanding (MoU) to boost investment cooperation in the digital-infrastructure sector with an emphasis on data centres in Malaysia. The MoU centres on establishing robust and efficient collaboration through the development of bilateral relationships between public and private organisations....

Park City, United States -- Artificial intelligence promises to make death "optional," as the technology learns to perfectly emulate our personalities, memories and dreams, keeping a version of ourselves alive long after our physical bodies have perished. But if rapidly improving AI achieves its lofty goal of digital immortality -- as...

Dubai, UAE--The Dubai Electricity and Water Authority (DEWA) has laid over 364 kilometres of fibre optic (FO) ducts across different areas in Dubai in 2023. The expansion has increased the total length of these cable ducts to 3,998 kilometres, a 10% increase compared to 2022. This initiative aligns with DEWA's...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) announced that its customers conducted around 12.5 million digital transactions in 2023, compared to around 10 million digital transactions in 2022, an increase of about 25 percent. This reflects DEWA’s leading role in supporting the leadership’s vision to make Dubai the...

The aim is to redefine outdoor media advertising in Abu Dhabi.

Kuwait City - Weyay was recognized as 'Fastest Growing Digital Bank' in Kuwait by Mastercard on the sidelines of the recent Mastercard Mena East Business Forum held in Dubai, and attended by numerous professionals, including fintech and industry experts and banking leaders to exchange ideas and discuss the future of...

Manama, Bahrain-- The GCC Commercial Arbitration Centre has started to harness AI techniques, according to its secretary general, Dr. Kamal bin Abdullah Al Hamad. The initiative aims to enhance international commercial arbitration processes, aligning with the national visions of the Gulf Cooperation Council countries. It is in harmony with the...

Riyadh, Saudi Arabia -- Aramco Digital Co. and Intel have unveiled plans to establish Saudi Arabia’s first open radio access networks (RAN) development center. The step aims to drive innovation, promote technological advancement, and contribute to Saudi Arabia’s digital transformation, according to a statement by both companies. This collaboration will...

Riyadh, Saudi Arabia -- Saudi Arabia jumped 10 ranks to second place among the G20 countries according to International Telecommunication Union’s ICT Development Index (IDI) 2023. The Information and Telecommunication Technology index monitors the economies of 169 countries to measure their progress in ICT services through two main pillars ‘universal...

Doha, Qatar--The General Authority of Customs and the General Tax Authority have announced the launch of the interconnection between their electronic services, as part of the efforts to facilitate procedures for business owners and benefit from the development of the digital infrastructure in Qatar. The interconnection launch announcement comes to...

Abu Dhabi, UAE -- The Abu Dhabi Judicial Department has introduced a new service that allows marriage contracts to be delivered instantly through text messages and approved electronic channels. This is the first service of its kind and it enables the marriage contract to be sent directly to the spouses...

Several companies specialising in so-called "ghost bots" have emerged in the United States in recent years. But the industry is booming in China, according to Zhang Zewei, the founder of the AI firm Super Brain and a former collaborator with Wu.

Bac Giang, Vietnam - Vi Thi Anh spent half a decade doing monotonous low-paid work in industrial hubs near Vietnam's capital Hanoi, assembling mobile phones for global electronics companies including Samsung. Then she discovered she could earn vastly more hawking food products to thousands of followers as one of the country's...

TAMM becomes first to use UAE’s Falcon large language models.

Cairo, Egypt -- Egypt's global prominence received a boost as it jumped from 11th to third place in the 2023 Offshore BPO Confidence Index. The Offshore BPO Confidence Index 2023 report, highlighting Egypt's ascent, delves into key global outsourcing locations. Egypt's performance across seven categories—Local Labor Market, Infrastructure, Commercial Property,...

MEEZA is a Managed IT Service and Solutions provider in Qatar.

Manama, UAE--The Bahrain Institute of Banking and Finance (BIBF) has partnered with UpGradelle, a leading French-based consultancy firm, to develop capabilities in the field of digital transformation. The agreement was signed during the visit of Eric Giraud-Telme, the Ambassador of France, who serves to strengthen education and training ties between...

Brussels, Belgium - Tech giants Meta and TikTok are contesting the scope of an EU law that from March will set new rules on competition in the digital marketplace. The European Commission has designated 22 big online companies as "core platform services" to be subject to additional scrutiny and obligations under...

Its shares rose over 6 percent on the Frankfurt Stock Exchange.

Dubai, UAE - Dubai Investments, the leading investment company listed on the Dubai Financial Market (DFM), acquired additional 7.68 percent equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority (UK) and the Prudential Regulation Authority (UK). This increases the Group’s holding in...

Abu Dhabi, UAE - The National Anti-Money Laundering and Combating Financing of Terrorism and Financing of Illegal Organizations Committee (NAMLCFTC) and UAE supervisors, issued guidance on combating the use of unlicensed virtual asset service providers. Prepared by the supervisory subcommittee, the guidance aims to educate licensed financial institutions (LFIs) and...

"To comply with evolving European regulations, we are introducing a new subscription option in the EU, EEA (European Economic Area) and Switzerland," it said in a statement.

ALULA, SAUDI ARABIA –   The Royal Commission for AlUla (RCU) has reinforced its commitment to technology innovation and cutting-edge digital solutions by signing two new agreements with global tech leaders Artefact and Dassault Systèmes. Announced at the seventh annual Future Investment Initiative in Riyadh, the agreements are focused on the...

Samruk-Kazyna is Kazakhstan's $70bn asset sovereign wealth fund.

Abu Dhabi, UAE – Zest Equity, a venture-backed technology company offering digital infrastructure for private market transactions, has closed a $3.8 million seed round. The Hub71 startup will use these funds to drive the company's ambition to expand its product offering in the MENA region, providing private market stakeholders with...

UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum, who chaired a meeting of the cabinet where the budget was approved, said that during 2024, the development and social benefits sector will receive 42 percent, government affairs 39 percent and the remainder will be channeled to enhance the infrastructure and...

It will join the UAE's FDI program to expand footprint.

RIYADH, SAUDI ARABIA - The Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) with Pakistan here on Sunday to expand bilateral cooperation in communications and information technology by accelerating digital transformation, promoting innovation and developing digital infrastructure. Saudi Arabia’s Minister of Communications and Information Technology Eng. Abdullah Alswaha...

Amman, Jordan - The UAE Cyber Security Council discussed cybersecurity in the inaugural Jordan Cyber Security Summit 2023, known as DOT Cyber Summit 2023. The DOT Cyber Summit 2023 explored issues related to cyber policies and strategies, international issues related to cyber risks and threats faced by countries. This includes...

Dubai, UAE - UAE and China explored opportunities for the two countries to cooperate and exchange experiences in areas related to labor, human resources development and skills enhancement. A discussion on these issues was held at a meeting between Dr. Abdulrahman Al Awar, UAE's Minister of Human Resources and Emiratization,...

DOHA, QATAR -  The Ministry of Labor (MoL) launched the "Istamer" digital platform, which deals with employing Qatari retirees wishing to work in the private sector. The unveiling of the Istamer platform is a key component of promoting the National Program for Job Localization in the Private Sector. Its purpose...

Clearance of goods transactions increased by 35.8%.

Bahrain FinTech Bay is a fintech ecosystem builder.

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has adopted Microsoft Power Platform and its AI-powered tool Copilot to build smart programs and applications to support its operations. The move is part of DEWA’s efforts to utilise the latest global technologies in all areas and benefit from the capabilities of generative...

New York, US--The UAE has announced the launch of a new digital response platform that will support disaster-affected countries to quickly and efficiently communicate their humanitarian needs to the international community.The UAE made the announcement during a United Nations Security Council open debate titled “Maintenance of international peace and security:...

Dubai, UAE - Emirates NBD made an investment in Erguvan, a climate and financial technology venture aimed at providing financial institutions and corporations with digital infrastructure, enabling them to manage the impacts and risks of climate change. The investment was made via Deniz Ventures, an investment fund launched by DenizBank...