Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported.
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 6911
National Media Council joins Facebook in fight against “fake news”
The National Media Council, NMC, and Facebook have teamed to pool their respective resources in an effort to combat the proliferation of false news.
Robots and humans can make travel experiences more efficient: Sophia
Etihad Airways has introduced Humanoid Robot Sophia to the UAE as its spokesperson for the future of innovation and technology in aviation at ATM.
Four billion people will be at risk to cyber-attacks by 2020
The annual cost of damages caused by cybercrimes is expected to reach $6 trillion by 2021, according to a recent industry report.
Etisalat crowned the region’s most valuable brand: report
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Saudi Arabia security forces shoot down toy drone near royal palace
Saudi Arabian security forces had reportedly shot down a recreational drone in the capital on Saturday after online videos showing gunfire in a neighbourhood where royal palaces are located.
Middle East telcos among region’s most valuable brands
UAE-based telco Etisalat has recently been named as the region’s most valuable brand in Brand Finance’s list of the Middle East’s top 50 brands for 2018.
V2 Public Cloud offering goes live in Saudi Arabia
Virtual Vision (V2), has officially opened services for V2 Public Cloud – a public cloud offering based in the Kingdom of Saudi Arabia (KSA) initiated in partnership with CloudSigma and Hewlett Packard Enterprise (HPE).
“We are investing in the future,” says Saudi Arabia finance minister
Saudi Arabia finance Minister Mohammed al-Jadaan has recently highlighted that the Kingdom is determined to make significant investments in diversifying its economy.
GCC millennials prefer to use travel apps for personalised offers: report
With millennials accounting for over a quarter of GCC’s population it is estimated that UAE residents in this age group will generate $40,000 average annual gross income by 2019 with almost half of them book travel through mobile devices.