With millennials accounting for over a quarter of GCC’s population it is estimated that UAE residents in this age group will generate $40,000 average annual gross income by 2019 with almost half of them book travel through mobile devices.
Technology, UAE
UAE parents “concerned” but “don’t take action” in protecting kids online
A majority of UAE parents (96 percent) worry about their children’s online safety but many may not know how to protect them, according to a recent study by Norton.2 4089
Kuwait to begin electronic visa renewal next year: report
Kuwait’s Ministry of the Interior has reportedly announced plans to digitize the renewal of residence visa for expatriates from the beginning of 2019.
Five Google innovation hubs coming to Saudi Arabia
The Saudi Federation for Cyber Security and Programming has reportedly finalised agreement with Google to set up five Google Innovation Hub centres across the Kingdom of Saudi Arabia.
“UAE is a rapidly developing tech economy,” says expert
The UAE is ahead of the global pack in its adoption of blockchain and cryptocurrencies, according to Rashid Yusup, the CEO and Co-Founder of Taklimakan, a crypto education, analytics and social networking firm.
Saudi Arabia leads Arab world in science and tech patents
Saudi Arabia was reportedly granted 664 patents last year. The latest number is double that of all Arab countries combined during the same period.
GCC consumers eye switch to “digital only” banks: report
Nearly two-thirds of GCC banking customers would be prepared to move to a digital only bank, according to latest findings from EY.
Sophia to deliver opening address at Oman summit
Sophia, hailed as the world’s most advanced android, is set to appear at the Oman Global Tech and Investment Summit 2018, which will be held at the Grand Hyatt Muscat on 29th to 30th April 2018.
Dubai Municipality deploys smart waste containers in key areas
The Dubai Municipality has rolled out 100 smart containers for waste storage along Sheikh Zayed Road from Dubai World Trade Center roundabout to the first Interchange linking the bridge on Safa Street and Financial Center Street.
Dubai to launch world’s first digital currency for creativity
The Dubai Culture and Arts Authority (Dubai Culture) has launched its blockchain-powered digital bank for art, ArtBank.
UAE telco du inks deal for smart project in Ajman
Ajman’s Municipality and Planning Department and the Emirates Integrated Telecommunications Company (du) have recently teamed-up to turn the emirate’s Rumaila District into a smart and sustainable residential area.