• Keen on promoting digital payments in India, UAE, says RBI

    NEW DELHI, INDIA – The Chief General Manager of the Reserve Bank of India's Department of Payment and Settlement Systems, said that the country is looking forward to more meaningful cooperation with the UAE in the field of digital payments. Speaking to the Emirates News Agency (WAM) on the sidelines...
  • GCC Secretary General praises DCO role in digital transformation of Saudi economy

    RIYADH, SAUDI ARABIA –  Secretary General of the Gulf Cooperation Council (GCC)Jassem Mohamed Albudaiwi visited the Digital Cooperation Organization (DCO) headquarters. The secretary general was received by Dima Al Yahya, Secretary General of DCO. Albudaiwi said that the DCO plays an important role in Saudi Arabia, in employing technology for...
  • Bitay to expand in UAE’s burgeoning crypto market

    DUBAI, UAE –   Bitay, a cryptocurrency platform from Turkey, announced its expansion into the UAE's burgeoning crypto market. The UAE, which has an impressive 99% internet penetration rate according to a McKinsey study, welcomes Bitay. This move aligns with the UAE’s growing stature as a global digital hub and its...
  • Dubai Taxi Corporation unveils digital transformation plan 2022-2025

    Dubai, UAE--Dubai Taxi Corporation (DTC) has launched its strategic plan for digital transformation 2022-2025 designed to improve the quality of the service it provides to customers. The plan seeks to accomplish a host of strategic goals highlighted by digital mobility, excellent operation, financial sustainability, people’s happiness, and shaping the future....
  • Fawry to expand into Saudi Arabia

    The money transfer firm plans to set up base across the GCC.
  • UAE’s digital platform, U.AE, attracts 9.1m visitors in H1

    Dubai, UAE-- Around 9.1 million people visited the UAE’s Government Unified Digital Platform, U.AE, from the start of 2023 until the end of June. According to the Telecommunications and Digital Government Regulatory Authority (TDRA), the jump in the average number of pages viewed was 3.52%, compared to the same period...
  • Dubai Transport Authority’s digital channels record 10% jump in 2022 revenues

    Dubai, UAE-- Dubai's Roads and Transport Authority (RTA) has reported a 10 percent increase in revenues for 2022 to $953 million from its digital channels. The company has also recorded 814 million digital transactions up from 676 million in 2021, a 20 percent growth rate. The company also reported a...
  • Mubadala invests in CoolIT Systems

    KKR had invested in CoolIT through its Global Impact strategy.
  • Greater data access and control for users as EU modifies digital policy

    "Once the data act enters into force, it will unlock the economic and societal potential of data and technologies and contribute to an internal market for data," said Sweden's minister for public administration Erik Slottner.
  • Dubai Chamber of Digital Economy launches report on the emirate’s economy 

    DUBAI, UAE  - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has launched its third report on the emirate's digital economy. The Dubai's Venture Capital Ecosystem report provides an overview of the investor landscape backing the start-ups and scale-ups that are transforming Dubai and...
  • DEWA, SAP-SE keen to enhance digitalization of utility sector

    Dubai, UAE - Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) and Christian Klein, CEO and member of the Executive Board of SAP-SE, a leading global software corporation, Wednesday discussed collaboration and ways to enhance the digital transformation of the utility sector. They also...
  • Middle East rich looking for alternative investments: EY report

    Dubai, UAE -- High net-worth individuals (HNWIs) in the Middle East are increasingly looking for alternative investments, such as private equity and real estate, as they seek to diversify their portfolios, the 2023 EY Global Wealth Research Report said while analyzing key trends in the Middle East wealth management market....
  • Apple launches spatial computer; takes VR world by storm

    CUPERTINO, California: Apple on Monday unveiled Apple Vision Pro, a spatial computer that seamlessly blends digital content with the physical world, while allowing users to stay present and connected to others. Vision Pro creates an infinite canvas for apps that scales beyond the boundaries of a traditional display and introduces...
  • Dubai Islamic Bank unveils digital banking services

    Dubai, UAE - Dubai Islamic Bank launched DIB alt, a full-fledged digital umbrella brand to house all of the bank's digital offerings and capabilities under one roof. DIB ‘alt’ is a full-service transformative digital banking experience that is set to enhance the banking experience for DIB’s customers by many folds,...
  • UAE government launches chatbot allowing users to access information on services

    Dubai, UAE-- The UAE government has launched an AI-powered chatbot that allows users to access information about government services in one place in Arabic and English. The “U-Ask” platform, a unified AI-powered chatbot, is now available on the official portal of the UAE government. Using generative AI technology, the platform...
  • ‘Partnerships with technology leaders help in Dubai’s digital transformation’

    DUBAI, UAE - First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum on Thursday met with Charles Meyers, President and CEO of Equinix here. During the meeting, Maktoum bin Mohammed highlighted Dubai’s keenness to strengthen...
  • UAE signs MoU with Microsoft, PwC to set up ‘centre for digital excellence’

    Dubai, UAE-- The UAE has signed a memorandum of understanding (MoU) with Microsoft and PricewaterhouseCoopers (PwC) to set up the "UAE Centre for Government Digital Excellence." The centre will look to support the government’s digital transformation, enabling government authorities to benefit from the best global practices and modern technologies to...
  • Saudi Arabia strengthens ties with Estonia, Denmark in digital government

    Riyadh, Saudi Arabia -- Saudi Arabia will be enhancing partnerships in the digital sector with Estonia and Denmark, according to the kingdom's Digital Government Authority (DGA) which held several meetings with officials during a visit to these countries. Governor of DGA Ahmed Mohammed Al-Suwayan held meetings with Luukas Ilves, Estonia's...
  • First-ever Dubai-Palestine business meet focuses on startups

    Dubai, UAE - A delegation of Palestinian business executives including 21 start-up representatives visited Dubai Chamber of Digital Economy. It is the first-ever business meeting between Dubai and Palestine, with the delegation involved in 237 meetings, one of the highest ever. Participants at the event included Hashim Shawa, Chairman of...
  • Arab Federation for Digital Economy signs deal with Union of Arab Chambers

    Abu Dhabi, UAE-- Designed to achieve a common Arab vision for the digital economy, the Arab Federation for Digital Economy and the Union of Arab Chambers signed a cooperation agreement at the Entrepreneurs Investment Summit, held in parallel with the Annual Investment Meeting 2023 (AIM) in Abu Dhabi. The agreement...
  • UAE minister calls for using digital tech in building peace

    New York, USA - Omar Sultan AlOlama, UAE's Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, called for the use of digital technologies to build and sustain peace during a United Nations Security Council open debate on “peacebuilding and sustaining peace.” “The emergence of new, powerful...
  • MoHAP inks deal with Coursera to upgrade skills of employees

    The agreement also provides for the creation of a cohesive relationship between the ministry's strategic priorities and training needs, as well as offering training programs that improve the personal abilities and skills of employees. This, in turn, contributes to increasing job satisfaction within the ministry.
  • A ‘VUCA’ world demands digital resilience

    As organizations prepare for the next wave of disruption, including responding to cyber-attacks, keeping the enterprise environment secure, and accommodating remote workers, digital resilience will be the watchword.
  • Presight signs MoU with Senegal for digital transformation in African nation

    Abu Dhabi, UAE--Presight AI and the Ministry of Communication, Telecommunications and Digital Economy of the Republic of Senegal (MCTEN), have signed a Memorandum of Understanding (MoU) to accelerate digital transformation initiatives and economic benefits for the citizens of Senegal. Under the agreement, Presight will work closely with MCTEN to support...
  • Dubai Chamber reviews software development, Artificial Intelligence sector

    DUBAI, UAE - Dubai Chamber of Digital Economy highlighted software development and artificial intelligence (AI) industry in its 10th session of regular digital industry workshops here. Top executives, business leaders, experts and entrepreneurs discussed the challenges and opportunities in the industry, local media reports said. UAE Minister of State for...
  • Germany ponders monitoring Microsoft over anti-competitive practices

    Berlin, Germany - Germany's anti-cartel watchdog said Tuesday it was examining if it needed to place US giant Microsoft under close watch for any possible abuse. The Federal Cartel Office said it was taking a first step to see if Microsoft is of "paramount significance across markets". If this is found...
  • AI partnership to boost Abu Dhabi sustainability efforts

    Abu Dhabi, UAE - The Technology Innovation Institute (TII) said Monday its AI and Digital Science Research Center (AIDRC) has partnered with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to accelerate the emirate's goal of becoming a smart and sustainable city by 2030 by enhancing its capabilities in AI...
  • Aramco signs MoU with Samsung

    The deal is designed to enhance Saudi digital transformation.
  • Fraudsters prowl digital world, robbing unwary people in Middle East

    Dubai, UAE-- Making payments digitally for every purchase may have become a universal thing, but it is not always the safest method, according to a new survey by Kaspersky. The survey revealed that some 18% of respondents from the Middle East experienced financial losses associated with threats when using online...
  • Satellites could beam poorest nations out of digital desert

    At the moment just 36 percent of the 1.25 billion people in the world's 46 poorest countries can plug into the internet, the International Telecommunication Union said. By comparison, more than 90 percent have access in the European Union. The ITU condemned the "staggering international connectivity gap".
  • UAE keen on new technologies, says minister at Raisina Dialogue 2023

    NEW DELHI, INDIA -  UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Sultan Al Olama said that his country has succeeded in adopting state-of-the-art, digital, and futuristic solutions as a key pillar for enhancing prosperity. Al Olama made this remark at the Raisina Dialogue...
  • Some sectors may benefit more than others as more GCC companies turn to metaverse to boost business

    Industries in the region may use metaverse interchangeably. However, there is no specific way to know which sector will benefit the most from the latest technology, says an expert.
  • Ras Al Khaimah to launch a free zone for virtual asset companies

    RAK Digital Assets Oasis will be a purpose-built, innovation-enabling free zone for non-regulated activities in the virtual assets sector.
  • Boosting investment in health systems is essential, says OECD

    PARIS, FRANCE -  Governments should urgently adapt their health systems to better respond to future shocks, given the huge impact of the COVID-19 pandemic on people and the global economy. Major investment is needed in the health workforce, alongside increased spending on prevention and digital infrastructure, according to a new...
  • Sharjah Electricity, Water and Gas Authority installs 23,000 smart meters

    Sharjah, UAE--Sharjah Electricity, Water and Gas Authority (SEWA) has completed the installation of 23,000 new smart meters in 2022 and replaced mechanical meters with smart meters in various regions of Sharjah. The new smart meters are accurate which contribute to providing accurate readings free from errors, as well as rationalising...
  • Voice still key component of client’s satisfaction

    It is, therefore, critical that contact center agents are properly trained to detect and handle emotional ups and downs in a conversation. These are often opportunities to convert a dissatisfied caller into a satisfied customer, and perhaps even, a brand ambassador, adds AlMasri.
  • CBUAE unveils FIT program to promote digital transactions

    Dubai, UAE---The Central Bank of UAE Sunday launched Financial Infrastructure Transformation Program (FIT program) to accelerate the digital transformation in the financial services sector. In a statement, the bank said the FIT is a step towards enabling the CBUAE to be among the top central banks globally. The program aims...
  • Dubai Chamber of Digital Economy discusses sector’s future

    Dubai, UAE--Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has organised a workshop designed to bring key players, investors and related parties together to discuss the future of this nascent sector. The workshop, held at Dubai Chambers headquarters, included a lively roundtable session, where...
  • Innovations chart Dubai’s path to sustainable future

    "An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that has enhanced the UAE’s competitiveness. Innovation has also helped in formulating strategies and unlock new achievements,” Al Basti adds.
  • Adopting best practices only way to secure data

    Businesses must remain prepared for the ‘whatever’ scenario. Cloud computing will continue to evolve, with best practise bound to change. If enterprises become data-centric now, both on the cloud and on-premises, they’ll be ready for whatever the future throws their way, he adds.
  • Monetization remains key concern as GCC turns to metaverse for investments, business expansion

    The region remains cautious as it takes a strategic approach to invest in the technology by focusing on experimentation and finding suitable business use cases, says an expert.
  • UAE takes part in G20’s first Health Working Group meeting

    NEW DELHI, INDIA -   The UAE participated in G20'S first health working group session held in India from January 18 -20. The aim of the meeting was to discuss the priorities for the health track within G20 under the Indian presidency this year. The Indian G20 presidency said that it...
  • DIC buys 9% equity in Monument Bank

    Equity will help DIC enter one of the most regulated markets
  • GCC leads from the front as MENA’s digital economy moves toward $500bn mark on the back of ecommerce

    Non-Gulf countries' contributions to the digital economy in the region will increase to more than 35 percent during this time, says a latest report.
  • ASBU president calls for upgrading of digital content industry

    Tunis, Tunisia--The President of Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority Mohammed bin Fahd Al-Harthi has called on media institutions in the Arab countries to develop and keep pace with changes by upgrading the local digital content industry to global standards. Speaking on the sidelines of...
  • Middle East cybersecurity market set to grow in 2023 as region sees surge in internet, social media users

    Nearly 60 percent of organizations in the region had increased their cybersecurity spending in 2022, Abhay Pandey, Founder and CEO at MAST Consulting Group, tells TRENDS.
  • Abu Dhabi Chamber enhances digital Effortless Certificate of Origin service

    ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless Certificate of Origin service, which aims to enhance customers’ experience and reduces the time taken for acquiring the service. This comes as part of its participation in the Abu Dhabi...
  • Dubai Courts, Moro Hub ink pact to enhance cooperation in cyber security

    DUBAI, UAE  -  Dubai Courts signed a Memorandum of Understanding with Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, to enhance their collaboration in digital transformation and cybersecurity. Leveraging on Moro’s capabilities in the digital security field, the MoU will serve the...
  • IT sector needs to prioritize few key areas in 2023

    Telco companies have already been building clouds for years, but as the drive towards distributed applications, choice and a highly flexible environment increases, we’ll start to see more cloud companies get into networking, infrastructure and customer-site management, adds Baguley.
  • FAB, Magnati, PayRow join hands

    The move will help Dubai in becoming a cashless economy.