Bitcoin has seen prices fluctuate throughout the day, which shows how volatile the currency is, prompting the question, what leads to such huge movements?
Preparing young Emiratis in AI is vital for UAE’s future, says ministerOmar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.0 2906
UAE-based bank rolls out region’s first digital kiosk
Emirates NBD has partnered with Diebold Nixdorf to soon launch Emirates NBD EasyHub, the region’s first integrated digital kiosk that will allow customers to sign up for new products and access a variety of teller services, functioning like a mini-branch that is open beyond normal banking hours and all days of the week.
Abu Dhabi to improve capital markets with blockchain deal
Abu Dhabi Securities Exchange (ADX) has recently signed a partnership agreement with London-based fintech firm Equichain with aims to bring efficiencies to capital markets.
RAK accelerates e-commerce drive
Ras al-Khaimah Economic Development Department has launched a range of recent incentives that include the “Virtual Merchant Licence Initiative,” WAM reported.
RAKBANK enhances customer service with AI
RAKBANK has recently introduced a cognitive chatbot that allows bank employees to interact with an AI-powered IBM platform to help them answer questions, find solutions or quickly route pending requests to human advisors.
UAE digital bank plans to expand in other regional markets
Liv., the lifestyle digital bank by Emirates NBD for millennials has completed its first successful year of operations.
BitOasis AED transactions “temporarily disabled”
BitOasis, a Dubai-based cryptocurrency exchange, will reportedly no longer be processing deposits or withdrawals in dirhams beginning 15th May 2018.
Abu Dhabi digitises visa and permit-related services
Abu Dhabi Global Market (ADGM) has announced the official launch of ACCESSADGM, a fully digital, integrated online client portal.
Despite tech advancements, M&A remains a human activity, says experts
The fundamentals of merger and acquisition (M&A) deals in the GCC region have not been significantly affected by artificial intelligence (AI) and still rely on human cognition, according to experts at the recent accountancy and finance body ICAEW’s Corporate Finance Faculty roundtable.
Virgin Mobile Middle East closes $30M pre-IPO sukuk
Virgin Mobile Middle East and Africa has announced that it successfully closed a $30 million pre-IPO Exchangeable Sukuk.