ABU DHABI, 8 August 2022: Etisalat UAE, branded as etisalat by e&, today announced its exclusive offer for senior Emirati citizens as a token of gratitude for their contribution to the growth and development of the UAE. This is also aligned with the UAE’s National Policy for Senior Emiratis to cater to all segments of […]
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The current digital transformation in the UAE banking sector is thriving. What we are witnessing today is more than just a simple change in how we make transactions; it goes well beyond simply transitioning from a traditional into a digital world. This entire concept of digital transformation strategy in banking is integral to how banks […]
The world is entering the new age of digital finance, and financial technology is a pivotal element that will help shape the industry’s future. There is no denying that the COVID-19 pandemic played an integral role in altering the UAE’s financial services, going from unconnected traditional ones to becoming a critical and essential factor that […]
Bahrain is in advanced talks for investment deals with cloud computing companies from the United States, China and the United Arab Emirates, an Economic Development Board executive said, as the country seeks to diversify its oil-based economy. Cloud computing and foreign direct investment are key planks of Bahrain’s economic recovery programme that aims to grow […]
Telephony Communication Technologies has embarked on its metaverse journey, as it leverages Web 3.0 technologies to bring merchants even closer to In conjunction with Elon Musk’s birthday on June 28, the Dubai-based supplier of communication services and solutions, which refers to itself as “the biggest ambassador of decentralised technology.” announced the soft launch of TCTx. […]
An electric vehicle (EV) assembly plant to be built in Saudi Arabia is likely to be one of three in the kingdom, investment minister Khalid Al-Falih said on Wednesday. United States-based EV maker Lucid Motors, which is more than 60% owned by Saudi Arabia’s sovereign wealth fund, plans to build its first overseas production factory […]
Saudi Arabia’s Public Investment Fund (PIF) has taken a 5.01% stake in Nintendo Co Ltd as the sovereign wealth fund increases its exposure to the Japanese video gaming industry. The investment in the Kyoto-based group company was made for investment purposes, a filing said, and comes as PIF has also taken stakes in video game […]
Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of “physical violence” and coercion during questioning by India’s financial crime fighting agency, according to a court filing seen by Reuters. Officials from the Enforcement Directorate warned the company’s former India managing director, Manu Kumar Jain, current Chief Financial Officer Sameer B.S. Rao, […]
Twitter buyer Elon Musk calls himself a free speech absolutist, but that could be put to the test in the Middle East where critics say authoritarian governments use the platform to track opponents and spread disinformation. Twitter did not immediately respond to a request for comment on how it might deal with Middle Eastern governments’ […]
Zain is undoubtedly one of the pillars of the telecom sector in the Middle East and North Africa. The story started in 1983 with the establishment of the Mobile Telecommunications Company (MTC), in a time where digital mobile communications was still being developed with mostly predominant fixed telephony. MTC soon became among the first providers […]