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.
Digital transformation investments to cross $40 billion in four years
Annual spending on digital transformation (DX) initiatives in the Middle East, Turkey and Africa is set to cross the $40 billion by 2022.
Dubai visitors can soon get entry permits in just 15 seconds
The General Directorate of Residency and Foreigners Affairs (GDRFA) in the UAE has announced an automated system that allows people to apply for an entry permit in just 15 seconds.
UAE residents can now trade via this locally based crypto exchange
A digital currencies wallet and trading platform which offers an additional cash deposit service has recently launched in the UAE.
AI is a key tool for human development, says UAE minister
Artificial intelligence and advanced technologies are key tools for humanity, according to Omar bin Sultan Al Olama, UAE Minister of State for AI.