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.
Dubai DED inks deal to accelerate transition to cashless society
The Department of Economic Development (DED) in Dubai and Visa have signed a Memorandum of Understanding (MoU) to help grow the UAE’s consumer eCommerce sector by encouraging more merchants to take their businesses online, and educating consumers on the benefits of digital payments and shopping and paying online.
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).
Emirate NBD customers can now use Google Pay
Emirates NBD has announced that its debit and credit card customers can now pay via Google Pay.
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.
Samsung leads GCC smartphone market: report
Smartphone shipments to countries in the Gulf Cooperation Council (GCC) increased for the first time since Q1 2017, according to a recent report.
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.