With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of the sovereign wealth fund spearheading a risky plan to diversify its economy.
Editor's Picks, Technology, UAE
Telecom subscribers in UAE rise to 24 million: TRA
The number of subscribers to telecommunications services in the UAE, whether through mobile phones, landlines and the internet, rose to around 24 million during the first five months of 2018.1 6439
Dubai’s Blockchain Technology Capital launches ICO auditing services
ICO Watchdogs Smart Contract Auditing Service Tokengrade, audits smart contracts to ensure it is line with a startups whitepaper, as well as auditing the quality and security of the smart contract itself.
AI to detect mobile banking fraud in seconds
Microsoft has developed a solution using artificial intelligence (AI) that can identify fraudulent mobile banking transactions in less than two seconds.
Urban municipalities will be AI-driven within the next decade, says Dubai
Artificial Intelligence (AI) will drive the way cities are run and it might happen sooner than expected.
GITEX 2018
UAE initiatives boost regional Smart City spending to $2.3 billion
The UAE’s government-led Smart City projects are driving regional Smart Cities spend to reach a record-high of $2.3 billion by 2021.
Lock your digital treasures: why data encryption is vital for security
Organisations in the Middle East work in a fast-paced and competitive environment. Data is the new oil, powering growth, efficiency …
Pure Storage acquires cloud-first storage firm
Pure Storage has announced the acquisition of privately-held, Sunnyvale, California-based software company StorReduce, a cloud-first software-defined storage solution for managing large scale unstructured data.
Exclusive Networks announces new formula for data centre transformation
Exclusive Networks, as part of its partnership with Mellanox, is offering NuMeRu, a complete data centre transformation bundle of solutions, services and go-to-market support for BigTec channel partners.
Cyber-attacks targeting UAE entities down 39%: TRA
A total of 274 cyber-attacks targeted government, semi-government and private sector entities in the UAE during the first seven months of the year.
Amazon joins Apple in the $1 trillion club
Amazon.com made history on Tuesday as it becomes the second publicly traded US company to reach the historic threshold after Apple.