The pilot programme is the first of its kind to be launched by a central bank, allowing banks in Saudi Arabia to use Ripple’s software to instantly settle payments sent into and out of the country.
Riverbed names new VP for global channels
Riverbed has appointed Bridget Bisnette as vice president, Global Channels and Commercial Sales. She will be responsible for implementing the global …
BlueJeans Network signs up Nuvias as EMEA distributor
Value-added distributor Nuvias has signed a pan-EMEA distribution agreement with BlueJeans Network, which offers cloud services to connect desktops, mobile …
DarkMatter names new head of research
The UAE-based DarkMatter has announced the acceleration of its dedicated research function, which consists of three pillars: Artificial Intelligence; Quantum …
Dubai-based Careem buys online restaurant listing platform
Middle East ride-hailing firm Careem has announced that it has acquired RoundMenu and will start trialing food delivery services through …
Facebook faces $125 million fine in data privacy battle
Facebook was threatened with a fine of up to $125 million on Friday, following allegations that the social media giant …
Malicious cyber activity cost US $109 billion in 2016: White House report
Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House Council of …
Abu Dhabi summit to spotlight AI in healthcare
The Summit crowns the continuous efforts and in-depth studies that provide Abu Dhabi with a prominent position in the medical, scientific and technological fields, Sheikh Hazza said.
WhatsApp to launch money transfer service in India
WhatsApp’s latest announcement marks the first global foray into money transfers by the Facebook-owned firm.
Dubai’s RTA begins ‘Bus on Demand’ trials
The 18-seater buses will operate on flexible routes and schedules, and bus drivers can know the service demand through the app to reach the nearest point to their destinations.