Few industry shows or exhibits come close to the annual Gitex show in Dubai when it comes to the size of the exhibit area, the number of exhibitors and the level of buzz generated among participants.
The ultra-fast, high-capacity data streams opened up by the fifth generation of wireless telecommunications technology (5G) will enable transformational technologies such as artificial intelligence (AI) for autonomous vehicles to be introduced across the Middle East.
Dubai-based technology firm Careem, which is in the process of being acquired by the US’ Uber Technologies, has expanded its operations into its third city in Iraq.
UK-based Vodafone has signed a non-equity agreement with Oman Future Telecommunications (OFT) to roll out the sultanate’s third mobile telecoms network.
The West Bank technology startup ecosystem is in its early stage but maturing.
Numbrs Personal Finance AG, a Zurich-based financial technology (fintech) company, backed by the sovereign wealth fund Investment Corporation of Dubai (ICD), has reached $1bn in valuation making it Europe’s latest unicorn, news agency Bloomberg has reported.
Dubai International Financial Centre (DIFC), Dubai-based Mashreq Bank and Norbloc (a DIFC-based fintech company), plan to launch the Middle East’s first blockchain know your customer (KYC) data-sharing consortium by 2020.
The cloud services arm of China-based retail giant Alibaba says it has seen an increasing demand across its customers in the Middle East “for innovations to enable data intelligence products such as image search, video streaming and online recommendation engine.” Alibaba cloud snaps at heels of Amazon and Microsoft in the Middle East Selina Yuan,