The Amazon founder Jeff Bezos’ net worth broke $150 billion on Monday morning, according to the Bloomberg Billionaires Index, making him the “richest man in modern history.”
Dubai’s Noon to take on Amazon, mulls online grocery business
UAE-based online shopping platform Noon aims to enter the online groceries business in the next six months, said the company’s founder Mohamed Alabbar said in a recent interview with CNN.
Russia blocked 25M cyber-attacks during the World Cup: Putin
Russia became the target of nearly 25 million cyber-attacks during the FIFA World Cup tournament, according to President Vladimir Putin.
UAE to lead the world in VAT innovation, says software experts
The introduction of Value Added Tax (VAT) this year, UAE is all set to incorporate innovation across VAT legislations to be able to lead as a global VAT player.
Norway to flaunt maritime innovations at Expo 2020 Dubai
Norway will promote its innovations, technologies and further development of the country’s ocean industries to a global audience of millions, after confirming its participation at Expo 2020 Dubai.
Saudi Arabia’s Sipchem promotes education and technical innovation
Sipchem has launched its innovation club ‘Sipchem Tech’ in Saudi Arabia with the aim of building the capabilities of the youth in various fields, including artificial intelligence (AI), programming, 3D printing and robotics.
Fast track growth: Visa mentors Dubai tech startups
Visa and Startupbootcamp have hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec).
Saudi Arabia to host first ever Hajj hackathon next month
The event promises to attract leading programmers from around the world to innovatively leverage technology to enrich and enhance the Hajj experience for pilgrims.
Facial recognition tech poses “human rights risks”: Microsoft president
Microsoft called for government regulation of facial recognition technology and for laws governing its acceptable uses.
New mobile-based payment app launches in Saudi Arabia
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.
Abu Dhabi to launch student-made satellite this year
Khalifa University of Science and Technology and Yahsat have jointly announced that the Yahsat Space Lab has successfully completed the Assembly, Integration and Verification (AIV) of the engineering model of MYSAT-1.
Smart Dubai explores prospects of an integrated tech infrastructure
Smart Dubai has organised a brainstorming session at its headquarters in Dubai Design District, d3, as part of its Smart Cities Hackathon.
GCC trio in talks to drive regional fintech industry
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
UAE eyes more satellite launches in the coming year: space agency official
The UAE Space Agency highlighted its successes since 2014, during the fourth anniversary celebrations at Abu Dhabi’s Dusit Thani Hotel on 12 July 2018.