UAE will set up the country’s first Industry 4.0 Enablement Centre aimed at promoting, enabling, and supporting the digital transformation and the adoption of Industry 4.0 technologies across the country’s manufacturing sector. UAE’s Ministry of Industry and Advanced Technology (MoIAT) and EDGE, which signed a memorandum of understanding, will explore...

An Ethiopian delegation of 10 members, comprising decision-makers from the public and private sector, visited Dubai Chambers between July 25- 30.

UAE’s publishing sector has grown by 150 percent during the current decade and it will reach $650 million in 2030, according to a report by Pricewaterhouse Cooper, which estimates that global media and entertainment services sector will reach $2.4 trillion next year. The report said the UAE accounts for 25...

The United Arab Emirates has formed a committee that aims to supervise and guide the development of the digital ecosystem in the country. The committee will also enhance readiness, competitiveness, flexibility and digital alignment between projects and digital systems in federal government agencies, an official statement said. The formation of...

Pushing intelligence out to the edge will drive change in the design of our products, services, processes, and organizations, and transform how decisions get made – giving greater autonomy to the devices at the edge. The only question is: how quickly can you respond to start building the future? he...

Morocco and Israel added legal links to a growing list of cooperation accords since they normalized relations in 2020, during a visit Tuesday by Israeli Justice Minister Gideon Saar. He signed a judicial accord in Rabat with his Moroccan counterpart Abdellatif Ouahbi. A joint statement said the two countries would...

An agreement between Dubai Land Department and Emirates NBD eliminates the need for manually managing postdated cheques submitted to landlords.

France's central bank said Tuesday it will push ahead with the second phase of its experiment with a digital euro with the aim of rolling out the cryptocurrency next year. Last year, the Banque de France successfully completed the first stage of its experiment with a central bank digital currency. "We'd...

Based on the mutual market access model, Tabadul will allow investments across Bahrain Bourse and Abu Dhabi and enable investors to trade directly on both exchanges through licensed brokers in both markets.

The metaverse version -- where players largely do the same thing but can earn cryptocurrency rewards and buy extra kit for their avatars -- has only opened to the public for special events.

Everything is open-sourced, permission less and on-chain, Holaplex CEO Alex Kehaya tells TRENDS on the rising popularity of NFTs.

Many governments refuse to acknowledge that they ordered any interference in communications, and sometimes put pressure on telecommunications companies to prevent them from revealing why communications are blocked.

It has tied up with Cognite to bolster digitization in MENA.

Firms in the region are now offering better participation, levels of cooperation and communication to their staff through productive workspaces in virtual offices. TRENDS takes a look at the some of the UAE's metaverse initiatives.

Roads and Transport Authority’s revenues collected through digital platforms increased by 32 percent in 2021, said Mattar Mohammed Al Tayer, Director-General RTA. RTA’s total digital revenues amounted to AED3.5 billion ($952 million), compared to approximately AED2.65 billion in 2020. The number of digital transactions reached 676 million last year, a...

To many they are art's next big thing -- digital images of jellyfish pulsing and blurring in a dark pink sea, or dozens of butterflies fusing together into a single organism. The Argentine artist Sofia Crespo, who created the works with the help of artificial intelligence, is part of the...

The study stresses the need for digitally delivered financial inclusion; and for using this as a platform to distribute health and education services to the masses.

Qatar participated in the forum as a golden strategic partner, where it reviewed its strategy in the field of digital transformation.

Firms must have a specific and clear target list. What applies to real estate won't necessarily succeed in the automotive sector, 199X MD Khaled El Masry tells TRENDS.

Digital technologies can reduce greenhouse gas emissions by up to 20% by 2050 in the three highest-emitting sectors: energy, mobility and materials, according to a study by the World Economic Forum and Accenture.

A slew of celebrity endorsements helped inflate a multi-billion dollar bubble around digital tokens over the past year, but cryptocurrencies are crashing and some fear NFTs could be next.

Dubai’s Museum of the Future will develop and launch several digital products on the blockchain, starting with the first-ever NFT collection. The collection, named The Most Beautiful NFTs in the Metaverse, and other products will be developed in collaboration with Binance NFT, the NFT marketplace of Binance. The Museum, which...

A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add an additional $2.54 trillion to the global economy, World Economic Forum (WEF) said in its latest report. The compound effects of the pandemic, pre-existing inequalities, and the rapid technological change...

Mubadala Investment Company and ENGIE signed an agreement to explore the development of a digital platform for charging electric vehicles in Abu Dhabi and the Middle East region. The two companies will work on a joint solution for the installation and operation of charging infrastructure as well as sustainable mobility...

Arab News, the leading multilingual pan-Arab daily, celebrated its 47th anniversary with a commitment to continue to be the platform of choice for voices that matter to its audiences worldwide.

Online payments giant Stripe on Friday said it will start letting Twitter stars get paid in a dollar-pegged form of cryptocurrency in the latest endorsement of digital money.

The EV Community Hub website covers the latest government strategies, targets, incentives, and relevant regulations for EVs

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Terminus Group, an international Artificial Intelligence of Things (AIoT) smart solution provider, to strengthen the company’s trade-related digital infrastructure projects in the UAE and its expansion into new markets. The agreement, signed...

Digital payments made through a mobile device accounted for 35 percent of all near-field communication transactions in Saudi Arabia in 2021, according to Saudi Payments. The share of payment transactions made using a mobile device in all NFC payments grew from 22 percent in 2020. The number of payment transactions using...

The United Arab Emirates (UAE) has given go-ahead to the formation of a digital economy council in a cabinet meeting. It also approved a plan according to which the digital economy can contribute 20 percent to the gross non-oil national economy in the coming years.

The UAE has earned a unique distinction of becoming the only Arab country to be propelled into the premier club of nations with the most technologically advanced governments.

Dubai Future Foundation (DFF) has announced the launch of a new, first-of-its-kind initiative in the region to encourage and support tech start-ups to participate in a special challenge. The challenge is to utilize the latest technologies and innovations and contribute to the development of a quality and innovative experience for...

Bahrain will build the region's first data center park in partnership with stc Bahrain to create an integrated digital center in the Middle East.

Digital Dubai and Dubai Police will strengthen their partnership and collaborate towards achieving strategic goals in cybersecurity.

The Department of Economy and Tourism (DET) in Dubai and du, from Emirates Integrated Telecommunications Company (EITC), have opened the Digital Business Hub.

Al Rajhi Bank of Saudi Arabia will start providing a digital guarantee service through the electronic financial services platform called Etimad.

Art Dubai, the Middle East's largest annual contemporary art fair, has featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub.

The meeting was attended by the Minister of Communications and Information Technology Abdullah Al-Sawaha, as well as the heads of universities in the region.

Over 27,800 new member companies joined the Dubai Chamber of Commerce in 2021, a 66.8 percent increase compared to 2020, which brings the organization’s total membership to over 287,000. In 2021, the Dubai Chamber of Commerce saw the return on investment of its digital transformation over the years. The Chamber...

Saudi Arabia and Egypt have signed an agreement to strengthen cooperation between the two countries in the fields of telecommunications, frequency spectrum and human capacity building.

A panel discussion was organized by the Riyadh Economic Forum to review the progress of an important study, “New Investments, Digital Transformation and the Knowledge Economy”, as part of the forum’s preparations for its tenth session. Several government officials, academics, businessmen and women and others participated in the discussion. The...

Are regional governments ready to adopt blockchain technology to boost business payments, transactions, interbank payments and corporate dealings?

Artificial intelligence, machine learning, robotics and automation will define the future of jobs, says renowned economist Professor Nouriel Roubini

Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350 million

Cloud market in UAE is at emerging stage and is likely to witness rapid growth in the coming years due to high adoption rate among SME’s and the digital transformation agenda.

The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art and people wanted to know who they were.

The final offer price was set at SR128 ($34.1) per share, the top end of an indicative range.

A 2021 report by McAfee estimates the monetary loss from cybercrime globally to be approximately $945 billion. When you add to this the global cost of cybersecurity products, the world is facing an annual loss in excess of $1 trillion, he adds.

Saudi Arabia’s General Authority of Civil Aviation (GACA) has signed an MoU with Oracle to develop and support a roadmap for digital acceleration using Oracle cloud services in GACA’s digital transformation initiative. The memorandum was signed on the sidelines of the Global Tech Conference "LEAP" held in Riyadh. It includes...

The Digital Cooperation Organization (DCO) has announced the launch of the DCO Startup Passport to make it quicker, easier and less expensive for startups to do business across borders, local media reports said. This opens up potentially lucrative markets with a combined population of more than half a billion people...