5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024, according to a recent industry report.
UAE outlines future-oriented transport strategy
The UAE government has launched five national initiatives to develop the transport sector, as part of its efforts to develop smart and innovative transportation system.
UAE-based dnata to focus on AI-enabled travel experiences
Dnata has that it acquired a majority stake in bd4travel (Big Data for Travel), a tech company that provides artificial intelligence(AI)-driven IT solutions to online travel agencies.
Dubai to attract top tech talents with new initiative
Dubai Internet City (DIC) has launched its GoFreelance permit that will enable freelance talent to work in the technology sector.
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.
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.