PayFort, an Amazon company, has announced the registration of a new wholly owned company in Saudi Arabia via the Saudi …
Saudi Arabia, Technology, UAE
Excessive technology use to blame for child obesity in UAE, Saudi Arabia
Nine in 10 children across UAE and KSA have access to tablets, smartphones or other handheld electronic devices with screens.1 3985
UK lawmakers initiate probe into virtual currencies
Britain’s Treasury Select Committee of lawmakers on Thursday said it is initiating an inquiry into virtual currencies and the underlying …
Saudi Arabia leads GCC’s concern for data security in cloud
A recent study commissioned by F5 Networks, and conducted by research agency Think Positive, revealed that the biggest cloud concern …
Dubai-based Careem buys online restaurant listing platform
Middle East ride-hailing firm Careem has announced that it has acquired RoundMenu and will start trialing food delivery services through …
Saudi Arabia’s central bank signs blockchain deal with Ripple
Saudi Arabia’s central bank has signed a deal with U.S.-based Ripple to help banks in the kingdom settle payments using …
Cryptocurrencies could revive the barter system: Texcent COO
Singapore-based fintech start-up Texcent has recently announced plans to launch a new payment platform, Paycent, in the region for cryptocurrency …
Saudi Arabia to crack down on delayed payments
Saudi Arabia has ordered an inventory of all delayed payments to the private sector, urging a quick resolution for outstanding payments in the Kingdom.
Saudi Arabia to streamline housing process with digital rent network
The Ejar network will provide many electronic services to all parties of the rental process, such as contract documentation and e-payments.
AI could “fundamentally disrupt markets” in MENA: reports
A PwC Middle East study has said that artificial intelligence (AI) will contribute $320 billion to the Middle East economy …
Bitdefender inks distribution deal with Ingram Micro
Ingram Micro has signed a distribution agreement with Bitdefender, a global cybersecurity technology company. Through this agreement, Ingram Micro is …