Search results for "UAE"

The Execution of Blockchain in Trade Finance

One of the digital age’s most relentless discussions circulates around the connection of blockchain in trade finance. Blockchain has the power to reshape trade finance as it has the utmost capacity to decrease unnecessary frictions and inefficiencies taking over the trade finance value chain. This cryptographic ledger is a vital apparatus that would optimize any […]

Bahrain in Talks for Cloud Computing, FDI Deals

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 […]

With the launch of TCTx, Telephony Communications Technologies expands into the Metaverse.

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. […]

Zain Kuwait, and the Urgent Need to “Globalize” the Local Identity

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 […]

Du Telecom's Raging Battle with e&: A Leader-Follower Game in Action?

Du mobile telecommunications service, owned by the Emirates Integrated Telecommunications Company (EITC), was established in 2007 as the second operator in the United Arab Emirates (UAE), aiming at contesting the hegemony of Etisalat, the undisputable leader in the telecom sector in the UAE and other foreign markets. Du offers mobile and fixed telephony, broadband connectivity, […]

Saudi Telecommunication Company (STC): When an Oligopoly Replaces a Fading Monopoly

The Saudi Telecommunication Company, known as STC, is the leading telecom operator in the Kingdom of Saudi Arabia (KSA), competing with United Arab Emirates (UAE)-based Etisalat for the number one spot in the region. Established in 1998, the company has been witnessing successive periods of evolution and portfolio diversification that often mirror the telecom landscape […]

Dissecting the Birth of e&: When Vision and Ambition Meet Opportunism

The United Arab Emirates (UAE) has been witnessing consecutive waves of changes to the various constituent sectors shaping its economy. As part of its vision for decades to come, the gulf state is looking to secure a futureproof resilient strategy by unlocking potential economic growth opportunities that will allow different sectors to change, progress, and […]

Groundbreaking Desalination Tech to Be Unveiled

Three Eastern European companies developed a novel water purification technology that depends heavily on recycled materials, particularly banners.  According to people familiar with the project, this groundbreaking zero-emissions technology will bring water to the places that need it most.   Project spokesman Endre Kodolányi says that “the initiative is based on modular technology, similar to the […]

KSA, Foxconn Talks of Building $9 Billion Facility

Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products.  People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]

Dubai to Attract Tech Talent with the DIFC’s AI and Coding License

The United Arab Emirates (UAE) Artificial Intelligence Office and Dubai International Financial Center (DIFC) officially initiated its Artificial Intelligence (AI) and coding license to appeal to a global new wave of technology firms and coders.  The license will give companies obtaining it the ability to work with the DIFC Innovation Hub, in addition to representing an estimate […]