The UAE and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose.

The UAE and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose.
The UAE is the fourth most prepared developing economy for online commerce, according to a new index from the United Nations Conference on Trade and Development (UNCTAD).
The UAE ranks first in the region in terms of enterprise adoption of artificial intelligence (AI) applications with an annual growth rate of 33.5 percent, according to a recent study.
Mashreq Bank has concluded the latest phase of its digital transformation initiative, in which it adopted Microsoft’s modern workplace solutions, to further engage customers, empower employees, optimise operations and reinvent products and services.
KoreConX has announced its partnership with Metis Management Consultancy, a UAE-grown consultancy firm focused on providing services to SMEs in the MENA region.
Staying connected is now an obligatory part of showing you care. According to a study from Kaspersky Lab, connectivity is now a vital part of our duty to family, friends and loved ones.
Italian oil services company Saipem said it had identified a cyber-attack out of India that had primarily affected its servers in the Middle East.
The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain.
The Mohammed bin Rashid Al Maktoum Knowledge Foundation, MBRF, and DarkMatter Group have signed a Memorandum of Understanding to collaborate on creating the best digital talent for the UAE’s growing cybersecurity sector.
TechAccess, a value-added distributor in the Middle East, North Africa, LEVANT, Pakistan and Afghanistan, held a joint partner enablement session …
NetApp may open an office in Abu Dhabi as it focuses on growing its market share in the Gulf region after what it admits has been a mixed picture over the years.
The UAE has recently inaugurated the Zayed-Gandhi Digital Museum at Manarath Al Saadiyat in Abu Dhabi.
A majority of UAE residents are willing to get banking services from an established technology company, according to a recent study.
Over 250 developers and tech enthusiasts from the Google Developers Group (GDG) and coding communities in the UAE and MENA region took part in an exciting 18-hour Codeathon, organised by Emirates NBD.
The UAE government has launched five national initiatives to develop the transport sector, as part of its efforts to develop smart and innovative transportation system.
Dnata has that it acquired a majority stake in bd4travel (Big Data for Travel), a tech company that provides artificial intelligence(AI)-driven IT solutions to online travel agencies.
AREA 2071, Microsoft and AI Ventures Lab Partner Netways, sign MoU to promote entrepreneurial opportunities for tech startups in UAE.
The Emirates Institute for Banking and Financial Studies (EIBFS) has launched a new online research portal that will enable access to the latest industry and economic reports and whitepapers, scholarly articles and surveys.
Nokia and du have signed a Memorandum of Understanding (MoU) to collaborate to help drive innovation and entrepreneurship among the youth.
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.