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.
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.
Oman ministry of religious affairs turns to boost efficiencies with AI
Ooredoo has signed an agreement with the Ministry of Endowment and Religious Affairs to adopt and optimise artificial intelligence (AI) technologies for Big Data and the Internet of Things (IoT).
UAE, Saudi Arabia firms fail to integrate tech to drive customer loyalty: study
A recent study highlighted that a majority of organisations in the UAE and Saudi Arabia are failing to measure the right information to really understand what is driving customer loyalty.
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.
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.
Saudi Arabia grooms next generation cybersecurity experts
The National Cybersecurity Authority (NCA) has started training the first batch in the Cybersecurity Training Program (CyberPro), Saudi Press Agency (SPA) reported.