Gulf Capital has reportedly acquired a strategic stake in Saudi Geidea, a provider of electronic payment solutions and financial technologies in the Kingdom of Saudi Arabia.
News, Telecoms
Etisalat to spotlight opportunities in the mobile ecosystem
Etisalat has announced its exclusive partnership with GSMA for Mobile 360 series-MENA conference in 2018 and 2019, a regional platform that attracts telecom leaders from across the global and regional mobile industry to address key challenges and opportunities in the mobile ecosystem.0 4107
IBM fuels innovation for emerging technologies
The centre aims to fast track the digital transformation of both public and private organisations through advanced technologies in artificial intelligence (AI), cloud, blockchain, security, analytics, Internet of Things and quantum computing.
Etisalat accelerates connectivity services at Expo 2020
Etisalat has announced the achievement of a milestone at Expo 2020 Dubai with the completion of the first phase of construction of two state-of-the-art Points of Presence (PoPs) that will play a critical role as the main interconnection point for the provision of services to the entire Expo 2020 site as well as serve as a communications gateway to the world at the global event.
UAE students tackle childhood cancer with homemade robotic devices
Cancer is the fourth most common cause of death among children under 15 years of age in industrialised nations. In a bid to combat this, 150 students from across 15 schools in the UAE were set the task of creating a product that either helps to detect early symptoms of cancer.
EU calls for increased investments in AI
The European Union is targeting $24.4 billion of investment in artificial intelligence by 2020.
AI, Big Data to bring new opportunities to Dubai’s industrial sector
The Department of Economic Development (DED) as part of its participation in the 10X initiative has announced the ‘Dubai 3i’ project.
Al Shirawi accelerates digital transformation with Oracle
Al Shirawi Group of Companies, one of the largest private business conglomerates in the UAE, has adopted Oracle Human Capital Management (HCM) software application to accelerate its digital transformation journey and empower its workforce.
Emirates NBD achieves major IT transformation milestone
Emirates NBD has announced the launch of its own private cloud platform. The move is part of the bank’s ongoing AED 1 billion IT transformation.
Smart cities must be “talent magnets” to succeed, says Microsoft Gulf GM
“Cities that will succeed will not only embrace these technologies early, but will make themselves talent magnets – the ‘place to be’ – for entrepreneurs, start-ups and ideas, to progress forward and enable them to thrive in these emerging areas,” said Hashish.
Alibaba injects major funding into world’s most valuable AI firm
China’s SenseTime Group has reportedly raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup.