United Arab Emirates-based UAE Exchange and US startup Ripple plan to launch cross-border remittances to Asia via blockchain by the first quarter of 2019, UAE Exchange’s group CEO said in an interview with Reuters.
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 1263
Five trends that will dominate digital businesses in 2019
Too many aspiring digital businesses aren’t set up correctly for digital transformation. Here are five trends that will be dominant in the digital business in 2019.
Veritas Technologies on enabling partners to harness the power of data
Geoff Greenlaw, senior director, head of channels, EMEA Emerging Markets, Veritas Technologies, calls out to ‘born in the cloud partners’ to …
UAE-based bank transforms workplace with Microsoft
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.
Dubai’s Careem to provide fleet management tech
Careem has signed an agreement to offer its technology to Private Limousine for managing its fleet and in accommodating its customers’ requests.
Robo-advisory firm first to graduate from Dubai’s regulatory sandbox
Robo-advisory firm, Sarwa, has become the first participant to graduate from Dubai Financial Services Authority’s regulatory sandbox following nearly 12 months of testing.
Microsoft demonstrates the power of ‘AI for government’
Microsoft has recently demonstrated the power of its Cloud and Artificial Intelligence solutions to accelerate the Kuwait’s efforts towards e-services and drive digital transformation across all sectors in the country.
Facebook to repurchase additional $9 billion of shares
Facebook will buy back an additional $9 billion of its shares, as it looks to pacify investors following a slump …
UAE residents trust tech companies more than banks: study
A majority of UAE residents are willing to get banking services from an established technology company, according to a recent study.
Global hotel chain faces lawsuit over major data breach
Hackers have reportedly stolen about 500 million records from Marriott International’s Starwood Hotels reservation system in an attack that began four years ago.