Tuesday , 24 April 2018
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Technology

Dubai-based Wrappup bought by Silicon Valley firm

Company’s co-founders will all join competitor Voicera. By Michael Fahy, ZAWYA A Dubai-based technology company started at a hackathon event three years ago has been bought out by a Silicon Valley-based competitor. Wrappup, which has been developing an app using artificial intelligence (AI) to record and automatically note action points in meetings, has been acquired by Voicera, which has also …

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ATM 2018: Technology, sustainable tourism set to be event highlights

GCC tourism industry grows ten-fold and more since first show opened New hospitality projects, advanced technologies and sustainable travel trends will be discussed and highlighted during the 4-day Arabian Travel Market 2018, which opens today at Dubai World Trade Centre. The 25th edition of the ATM, the largest gathering of region’s hospitality and tourism companies and professionals since its inception, …

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Software sector witnesses highest talent turnover in MENA: Study

The trouble with retaining tech talent is high-demand and rising compensation within the industry. By Staff Writer, Khaleej Times The technology sector, retail and media industry witnessed the highest talent turnover in the Mena region as employees moved to search for better opportunities, a study by LinkedIn has revealed. The findings, based on LinkedIn’s data on half-a-billion professionals, show that …

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Bahrain is about to collaborate with a country to support the FinTech sector, find out who it is

According to the Bahrain Economic Development Board (EDB) Financial Services Executive Director, David Parker, Bahrain is planning on collaborating with Malaysia’s financial sector since both markets are in similar development phases when it comes to the FinTech sector. “We can work on our strengths because Malaysia and Bahrain both have relatively newly implemented policies when it comes to fintech. I …

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Dubai Internet City Hosts Over 6,000 Visitors During Step 2018 Event

Dubai Internet City (DIC) concluded two days of hosting the STEP Conference held on its premises. The event, which saw more than 6,000 visitors, including professionals, startups, entrepreneurs and students visiting the Dubai Internet City community, brought together over 300 speakers from across the technology ecosystem. STEP, which comprised four different conference streams running in parallel, took place across different …

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World Finance Magazine awards Temenos “Best Islamic Banking & Finance Software Solution” at their 2018 Islamic Finance Awards

IslamicSuite, Temenos’ scalable innovative technology, scores highly in both reader votes and judges panel to come out on top at this year’s Islamic Finance Awards The banking software company, today announced that it has won “Best Islamic Banking & Finance Software Solution” in World Finance magazine’s annual Islamic Finance Awards (goo.gl/zPXo9E). Temenos’ IslamicSuite (goo.gl/TuLPJe) was first nominated by World Finance …

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Etisalcom appointed as Huawei’s First Channel Service Partner in Bahrain

Huawei, a leading global ICT solutions provider has recognized Etisalcom as its first Channel Service Partner (CSP) in Bahrain. Manama, Bahrain: Huawei, a leading global ICT solutions provider has recognized Etisalcom as its first Channel Service Partner (CSP) in Bahrain. The certification will open doors for Etisalcom to offer vendor-backed services such as design and deployment of Huawei certified solutions …

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UAE’s ADNOC awards $3.5bln contracts to Samsung Engineering

Two contracts were signed by ADNOC Refining and Samsung Engineering Abu Dhabi National Oil Co (ADNOC) said on Monday it had awarded two contracts to South Korea’s Samsung Engineering 028050.KS worth more than $3.5 billion. The contracts were signed by ADNOC Refining, a wholly owned subsidiary of ADNOC, and Samsung Engineering. The first engineering, procurement and construction (EPC) contract was …

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Abu Dhabi’s utility folded into new energy department: spokesman

Oil-rich Abu Dhabi has seen some of its largest firms merge in the last two years as part of a strategic review in response to an oil price slump. ABU DHABI: Abu Dhabi has folded utility Abu Dhabi Water & Electricity Authority (Adwea) into the emirate’s newly established department of energy as part of a consolidation of state-owned entities, a …

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UAE leads MENA in digitisation: Report

Digitisation continues to take the global economies by storm The UAE is now leading the MENA region with an impressive 16.4 percent in digital penetration, according to a detailed report by Al Masah Capital Limited titled, “Digital Banking – ME Trends”. “Digitisation continues to take the global economies by storm. As a revolution whose uptake in the Middle East and …

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