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Tag Archives: Tech

Research, education and infrastructure: How governments should spend to avoid tech obsolescence?

World Economic Forum research suggests more jobs will be created than destroyed through technological disruption Governments around the world concerned about the impact that technological change can have on jobs creation need to invest in research, education and infrastructure, according to a leading academic. Speaking at a press conference held on the sidelines of the World Economic Forum’s Global Future …

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UAE fully ready for tech disruptions of the future

The UAE is all set to meet the challenges that disruptive technologies will bring in the coming years, experts at the fifth edition of the Global Innovation Summit said. Jointly hosted by the Department of Economic Development (DED) in Dubai and SPI Greatsands Group, the event celebrated the achievements of several innovators across various sectors including technology, aviation, and healthcare. …

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Will Morocco’s Chinese-Funded ‘Tech City’ Ever Break Ground?

In the desert scrubland of Morocco’s Tangier region, a donkey laden with water bottles trots down a pebble lane chased by two small children. A farmer herds his cows in the near distance. Crickets leap in the dry grass. It’s within these gently undulating hills, just inland from the coast, that China plans to build an entire city that will …

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Blockchain-based tech to enrol bank customers extended to SMEs in Abu Dhabi

ADGM chief tells Fintech Abu Dhabi that e-KYC, private financing and trade finance platforms should ease access to funding The chairman of Abu Dhabi Global Markets (ADGM) has said that it intends to extend the electronic know-your-customer (e-KYC) technology developed to help banks onboard retail customers earlier this year to incorporate SME customers. Speaking at the Fintech Abu Dhabi event …

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A.I. on the way: Business leaders plan to integrate robotic and artificial intelligence tech within 2 years

By Staff Writer, ZAWYA International business executives plan to invest in and integrate robotic technologies and artificial intelligence (AI) in their retail business in the coming two years, a survey by KPMG has shown. KPMG’s Global Consumer Executive Top of Mind Survey found that “41 percent of digital leaders are using robotic process automation and 46 percent plan to start …

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Saudi Arabia appoints Apple co-founder Steve Wozniak as tech ambassador

Wozniak is considered as one of the most important minds that have changed the history of the world The Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP) has named Apple co-founder Steve Wozniak as an ambassador for the creation of a “Saudi Tech Hub.” Saud Bin Abdulla Al-Qahtani, the head of the federation and an adviser to the Royal Court, …

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Saudi’s growing e-commerce market offers global tech opportunities

Saudi Arabia’s e-commerce sector is set to explode, and the IT sector in the country will see increased demand as a result The battle for Saudi Arabia’s e-commerce market is hotting up, after US tech giant Amazon purchased Gulf retailer Souq.com last year, in a bid to spread its reach into the kingdom. Meanwhile, Saudi Arabia’s first homegrown mega e-tailer, …

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Accelerating Entrepreneurship: Sharjah’s Sheraa grants $50,000 to tech start-up

The UAE’s Sharjah Entrepreneurship Center (Sheraa) awarded $50,000 to Solva Technologies, a tech start-up that offers environmentally-friendly solutions to electric motorbikes, Sheraa said in a press release on Sunday. The Emirates, over the past two years, has been increasing efforts to support tech start-ups and entrepreneurs, it sees as vital to the country’s growth and prosperity. Late last month, Sheikh …

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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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Regulators must adopt emerging tech: Accenture

Innovative products and services are increasingly challenging regulatory processes By Staff Writer, TradeArabia Regulators must embrace the innovative application of emerging technologies, known as RegTech, to enable a more effective regulatory environment, mitigate risks and drive competitive advantage, said leading global professional services company Accenture in a new report. According to the report titled “RegTech for Regulators”, released in collaboration …

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