The growth of low-code tools, heightened by digital transformation, is expected to bring about general employee upskilling across several industries in the region.

FAS Labs Limited Co., a unit owned by Saudi retail firm Arabian Centers, will set up a digital consumer microfinance company. It will be called FAS Finance and will have a capital base of $14.65 million.

Moro Hub, the digital arm of DEWA, has signed an agreement with Axis Communications, a Swedish company, offering video surveillance solutions, access control solutions, audio solutions and intercom.

The Central Bank of Tunisia (BCT) has authorized companies operating in the digital sector to bid for public tenders in convertible foreign currencies. Tunisian media reports, citing the National Federation of the Digital Sector, have said that bidding has been allowed within the framework of calls for tenders for imported...

They said the only work being auctioned was by Picasso’s great grandson Florian and his collaborators.

The UAE's Ministry of Health and Prevention (MoHAP) has signed a memorandum of understanding (MoU) with Amazon Web Services (AWS), a subsidiary of Amazon, to enhance bilateral cooperation. The MoU also covers organizing workshops on creating a cloud-based electronic medical record system and a healthcare portal focused on serving the...

The new UAE-based start-up is trying to instil the virtues of economy among teenagers in the region

The Saudi Central Bank has announced the opening of two branches of two Iraqi banks in Riyadh, and confirmed the signing of an agreement with Iraq to prevent double taxation.

The Saudi Central Bank (SAMA) announced that the number of Points of Sale (PoS) terminals inside the kingdom have exceeded the 1 million mark. These terminals can be found at commercial sales outlets in more than 180 cities and villages, SAMA said, attributing the achievement to a plan that was...

The business environment in the region will experience a transformation that will have a far-reaching impact on economic trends and social dynamics.

Oman's capital Muscat will be the Arab Digital Capital for 2022, the Council of Arab Ministers for Communications and Information has announced following a decision at the 25thsession of the Arab minister's council. The event was hosted via videoconferencing by the Arab League’s technical secretariat general of Arab Ministers of...

The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system.

The region's economic instability, exacerbated by the coronavirus pandemic, has spurred many to turn to online banking and financial tools.

The Central Bank of Bahrain will offer the digital Dinar through a digital payments platform that can be accessed round the clock.

Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and it is here to stay alongside digital currency.

EFG Hermes, the first universal bank in Egypt and the leading investment bank in Frontier Emerging Markets (FEM), has launched an advanced version of its flagship “EFG Hermes One” trading platform.

The Dubai International Financial Centre (DIFC) Courts said on Monday that all its internal processes and customer-facing services were now operating fully digital. Following the launch of the Dubai Paperless Strategy in 2018, the DIFC Courts accelerated the integration of all services into its extensive digital infrastructure, DIFC said in...

The robots being used in the restaurant are imported but the installation, applications and their servers are managed by the University of Mosul.

As part of UNICEF’s UPSHIFT program, Nokia has agreed to a partnership with Orange Foundation and UNICEF to empower marginalized young people, particularly girls, in Morocco with digital, entrepreneurial and environmental skills. The UPSHIFT program will empower young people to become resilient citizens who engage more actively with their everyday life, contribute to...

The acquisition will support the telecom giant's digital ambitions.

The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical world and the digital one.

Abu Dhabi Investment Office (ADIO) and Etisalat will work together to unlock opportunities for businesses in Abu Dhabi by introducing companies to their extensive networks and strengthening cooperation across the economic system. The partnership combines ADIO’s support services with Etisalat’s innovation capabilities to deliver opportunities for businesses in the emirate,...

Japan's ambassador to Saudi Arabia Iwai Fumio has lauded Arab News editor-in-chief Faisal Abbas's efforts in transforming the newspaper into a more digital and more global platform with several international editions.

Mohamed Hamad Al Kuwaiti has said the UAE is fully equipped to transition into AI for governance and economy.

DUBAI: An estimated 47 percent of people worldwide are offline, and the cost of available broadband exceeds affordability targets in 50 percent of developed countries. The importance of making such populations digitally inclusive was discussed during the World Economic Forum EDISON Alliance discussion a couple of days ago. During the...

Medical, lab supplies and equipment can be purchase online.

The wallet, Novi, would let users store cryptocurrencies.

The RTA’s Director-General Mattar Mohammed Al Tayer said this revenue came from just the authority’s e-payment portal and smart kiosks.

The eLink Station is fully sustainable and includes vapour recovery systems to reduce emissions while loading from storage tanks. It is powered by biodiesel, features LED digital screens and lighting, and is equipped with a smart meter.

Chamber members can set and verify their business profiles on Google Search and Maps  The tool can generate a customized total score for each business’s online readiness  Dubai: Members of the Dubai Chamber can set and verify their business profiles across single or multiple locations on Google Search and Maps using...

Governments need to build necessary foundations to exchange non-sensitive public data Develop interoperable digital platforms and a broad range of technological capabilities Governments in the Middle East need to intensify efforts to digitize services, said a study by the Abu Dhabi Digital Authority and Strategy&. Hani Zain, partner Middle East...

Israel has placed restrictions on large cash transactions Digital money could demonstrate apparent autonomy from Israel The Palestinian Monetary Authority (PMA) might launch a digital currency to pave way for monetary independence from Israel. But, it raises questions over whether the measure would be practical at all. Two studies on...

Canadian digital asset manager 3iQ Corp seeks to raise around $200m in the offering Bitcoin price slumped recently due to fresh Chinese crackdown on cryptocurrencies The Middle East's first bitcoin fund launched on the Dubai bourse on Wednesday, with Canadian digital asset manager 3iQ Corp seeking to raise around $200...

Saudi cabinet authorizes finance minister to issue licenses Last year, the Saudi Central Bank (SAMA) licensed 16 financial technology companies to provide payment services Saudi Arabia’s Cabinet on Tuesday gave its nod to the Kingdom’s finance minister to issue licenses for the country’s first digital banks, the Saudi Press Agency...

Two digital banks are being set up, if all goes well with the regulatory agency

By Charles Galunic Going digital requires a lot of change management and perhaps more time and energy is spent here than on anything else. Why would that be the case? As we are discussing it quite frequently, organizations on the digital journey may need to rethink core roles and processes....

The public sector is being transformed under the ‘platform-economy’ model, evolving former silo-based entities into interconnected ones. TRENDS talks to Xavier Anglada, Managing Director – Accenture Digital Lead, Middle East, North Africa and Turkey, about the new digital technologies that will have a major impact on public service business models. Anglada...