Technology adoption is powering the shift in retail and the UAE is at the forefront of taking significant strides towards embracing innovations shaping the future, experts noted during the ongoing Smart Stores Expo.
Aramco IPO delays push Saudi fund to focus on tech
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of the sovereign wealth fund spearheading a risky plan to diversify its economy.
Pure Storage acquires cloud-first storage firm
Pure Storage has announced the acquisition of privately-held, Sunnyvale, California-based software company StorReduce, a cloud-first software-defined storage solution for managing large scale unstructured data.
Exclusive Networks announces new formula for data centre transformation
Exclusive Networks, as part of its partnership with Mellanox, is offering NuMeRu, a complete data centre transformation bundle of solutions, services and go-to-market support for BigTec channel partners.
“The choices we make now will determine our place in the digital future,” says Microsoft executive
“AI Week is the perfect platform, both for companies that are new to AI and for those that have solutions already in place,” said Microsoft Gulf’s Group Lead.
Amazon joins Apple in the $1 trillion club
Amazon.com made history on Tuesday as it becomes the second publicly traded US company to reach the historic threshold after Apple.
Global fintech experts to descend into Abu Dhabi
FinTech Abu Dhabi Summit 2018 will go ‘live’ in two more weeks with two full days of activities for fintech start-ups.
Bahrain’s Investcorp snaps up recruitment-focused tech firm
Investcorp Technology Partners, a European lower middle market technology investor, has announced that it acquired Berlin-based Softgarden, a Human Resources (HR) software provider for an undisclosed sum.
Dubai scouts new innovations to transform hospitality industry
The Dubai Department of Tourism and Commerce Marketing (Dubai Tourism) along with a number of top industry partners has launched the second annual Futurism Challenge.
Five tech trends that will blur the lines between human and machines
Gartner’s Hype Cycle for Emerging Technologies, 2018 revealed five distinct emerging technology trends that will blur the lines between humans and machines.
Abu Dhabi Police deploys additional kiosks for traffic services
Abu Dhabi Police GHQ has launched the third generation of the smart teller kiosks (Sahl) in a number of ADNOC service stations (ADNOC Oasis) and integrated services centres (Tam) across the capital.
GITEX 2018
Why digital transformation starts with the network
As businesses around the world continue to transform their offerings to better enable their employees and serve their customers, networks must be ready to adapt for the future.
Mubadala leads funding round for US medical tech firm
Abu Dhabi’s Mubadala Investment Company has led $132 million Series D equity financing for US-based medical technology company.
Egypt wants its own robot citizen: Bloomberg
Egypt is reportedly planning to build its own version of Sophia, the robot that was granted Saudi citizenship to dramatise the kingdom’s plan to build a $500 billion futuristic city.
Emirates Foundation to create a culture of innovation among UAE youth
Emirates Foundation has announced the renewal of their partnership with BP Exploration and Operating Company, designed to support youth development programmes throughout the UAE.
Talend appoints Redington Value as Middle East and Africa VAD
USA-based cloud and big data integration solutions company Talend has appointed Redington Value as the value-added distributor for the Middle East …
Dubai’s DFSA inks FinTech deal with Singapore authority
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
Cybercriminals are shifting to more covert methods: study
Cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources.
AI-driven FM tech start-up seeks more footprint in Middle East
Facilio, an Atlanta-based FM Tech start-up, has announced that it established a strong foothold in Dubai across IoT & AI-driven …
Brick-and-mortar stores can thrive in the digital era: study
While the global e-commerce market continues to grow, today’s consumers still like to visit brick-and-mortar stores regularly and retailers must rethink their business model in order to stay ahead of the curve.