Now Money is a smartphone app that offers bank transfers, remittance, and other services to migrant workers in the Gulf region unable to afford traditional bank accounts. It aims to provide access to affordable financial services for everyone.
News, Telecoms
Oman’s Ooredoo connects 77,000 homes with ‘super fast’ fibre broadband
Oman-based telecom provider Ooredoo has provided 77,000 homes across the Muscat region with super fast fibre home broadband from the existing fast home broadband. 0 5632
Dubai’s smart car rental service registers over 60,000 trips
Since its launch in January this year, the smart car rental service has executed 60,277 journeys; which tantamount to 49,139 rental hours.
Saudi Telecom in talks to acquire $3.9bn Turk Telekom stake
The potential deal comes as Oger Telecom, Turk Telekom’s biggest shareholder, faces increasing pressure from creditor banks after missing debt repayments of $290 million in both September and March on a $4.75 billion loan.
SoftBank-designed robot priest available for funeral hire in Japan
Funeral arrangers have the option to deck Pepper out in the robe of a Buddhist monk, and can even live-stream the ceremony to those who can’t attend the funeral in person.
UAE official news agency cloned in bid to spread ‘fake news’
Wam tweeted on Tuesday that “attempts to fabricate the #WAM website have been made by unknown sources.”
Mimecast warns against latest email exploit ‘ROPEMAKER’
Using this latest exploit, Mimecast claims that a malicious actor can change the displayed content in an email at will.
Why boardrooms will prioritise innovation, data centres and security in 2018
The Middle East’s shift to digital business has created a dilemma for the regions CIOs. They need to innovate and implement change, while also retaining levels of control and management.
Elon Musk joins AI experts in backing ‘killer robots’ ban
The group of founders of AI and robotics companies have sent an open letter to the UN calling for it to prevent the arms race that is currently under way for killer robots.
DIFC’s new fintech accelerator enrolls 11 start-up finalists
The FinTech Hive programme provides a platform in which they can collaborate with leading regional and international financial institutions to accelerate their fintech potential.
Global spending on IT security products to hit $86.4bn in 2017
Gartner forecasts fast growth in the security testing market, with spending expected to grow to $93 billion in 2018, due to continued data breaches and growing demands for application security testing as part of DevOps.