FinTech Hive at DIFC has marked another milestone in its continued support for financial innovation with the completion of the 2018 edition of its accelerator programme, launched in collaboration with Accenture.
Students taking up technology courses on the rise in GCC
Dubai-based online school has reported a sharp increase in demand for courses that give young people specialist skills related to computer technology.
New online initiative to enable UAE finance professionals
The Emirates Institute for Banking and Financial Studies (EIBFS) has launched a new online research portal that will enable access to the latest industry and economic reports and whitepapers, scholarly articles and surveys.
Telecoms duo ink deal to drive innovation among UAE youth
Nokia and du have signed a Memorandum of Understanding (MoU) to collaborate to help drive innovation and entrepreneurship among the youth.
Conquering speed through the power of tech
How Mercedes has managed to be on top of the F1 racing season this year thanks to its key tech …
iPhone users take Apple to court over app store “monopoly”
Apple is once again heading to court after customers reportedly file a suit alleging that the company is exploiting its market dominance to inflate the price of iPhone apps.
Tech giant faces civil suit in Russia
Russia has launched a civil case against Google, accusing the tech giant of failing to comply with a legal requirement to remove certain entries from its search results, according to the country’s communications watchdog, Reuters reported.
Kuwait throws hat into regional fintech ring
Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial technology products and services.
GCC nations poised to become global leaders in 5G networks: report
The Gulf Cooperation Council (GCC) Arab States are set to be global leaders in the deployment of 5G networks, with all six markets expected to launch 5G mobile services in the next two years, according to recent reports.
Abu Dhabi-based bank conducts world’s first blockchain sukuk transaction
Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement of an Islamic Sukuk.
Dubai DED inks deal to accelerate transition to cashless society
The Department of Economic Development (DED) in Dubai and Visa have signed a Memorandum of Understanding (MoU) to help grow the UAE’s consumer eCommerce sector by encouraging more merchants to take their businesses online, and educating consumers on the benefits of digital payments and shopping and paying online.
Emirate NBD customers can now use Google Pay
Emirates NBD has announced that its debit and credit card customers can now pay via Google Pay.
Dubai-based property website raises $120 million in investments
Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real estate classifieds website Property Finder, Reuters reported.
Samsung leads GCC smartphone market: report
Smartphone shipments to countries in the Gulf Cooperation Council (GCC) increased for the first time since Q1 2017, according to a recent report.