Tag Archives: Technology

Technology and internet changing the nature of financial services

FinTech

Dubai: A raft of financial technology (fintech) companies are sprouting up across the globe and in the UAE, attracting the interest of hordes of customers and investors, including angel venture capitalists, family offices and even private equity funds. But for most people, the question is: What is fintech? Fintech is a term used broadly and often to describe the technology …

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New Report Predicts Augmented and Virtual Reality Technology to be ‘Widespread’ Across GCC by 2025

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AR and VR Will Radically Change Private and Public Processes in the GCC, Says Research firm Frost & Sullivan. From VR Studios to AR-Enabled Surgeries, GITEX Technology Week Experts to Highlight Ground-breaking Use Cases. Dubai, United Arab Emirates: According to new research conducted by Frost & Sullivan in collaboration with GITEX Technology Week 2016, the next 10 years of augmented …

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UAE travel agents at forefront of technology in meeting traveller trends and growing the emirates’ travel industry

travelport

Assembly of Abu Dhabi’s leading travel agents attend innovation workshop in Lebanon hosted by Travelport. UAE – Travelport, a leading Travel Commerce Platform, has hosted a congregation of Abu Dhabi’s leading travel agencies at a series of innovation workshops at the Travelport office in Beirut, Lebanon last month. Among the attendees were representatives from well-known travel agencies such as Asian …

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GCC Airports – a snapshot of the future

gcc air

Regional airports leading the world in development, luxury and innovation. Dubai – Wego.com, the leading travel search site in the Middle East and Asia Pacific, today reviews the incredible state of airports in the GCC, and why they’re leading the world in air passenger traffic points and growth. “Middle Eastern carriers are setting a benchmark for the future of air …

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Companies failing to leverage technology to combat fraud, despite it being a significant enabler for fraudulent activity

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KPMG international report. Global Profiles of a Fraudster also reveals majority of fraud continues to be due to weak internal controls. According to a new report by KPMG International, technology was found to be a significant enabler for a quarter (24 percent) of the 750 fraudsters investigated by forensic specialists across 78 countries. By contrast, the Global Profiles of the …

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Ajman University and DIFC Academy of Law sign cooperation agreement

ajman

The College of Law at Ajman University of Science and Technology and The Academy of Law for the DIFC today announced details of a newly signed cooperation agreement covering the development of training programmes for the benefit of the UAE legal community. The memorandum was signed by Dr. Khalid Al Khaja, Acting Chancellor, Ajman University and Vice-Chancellor for Academic and …

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Advancement of science and technology key for socio-economic development in OIC member states

idb

The Islamic Development Bank (IsDB) Group participated in the 15th General Assembly of the Organization of the Islamic Cooperation (OIC) Standing Committee for Science and Technology (COMSTECH) held in Islamabad, Pakistan on 31 May – 1 June 2016. The meeting was preceded by the 30th Executive Committee meeting of COMSTECH on 30 May 2016. The General Assembly meeting, chaired by …

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Al-Tayyar Travel Egypt signs technology partnership with Amadeus

al tayvar

Growth opportunities and customer satisfaction underpin Al-Tayyar’s tie up with Amadeus. Cairo, Egypt – 26 May 2016: Amadeus, a leading provider of IT solutions for the global travel industry, has announced today that it has signed a technology partnership agreement with Al-Tayyar Travel Group in Egypt, a subsidiary of the KSA-based group, one of the largest travel agencies in the …

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LinkedIn, Facebook, Dell and Ericsson launch Connecting Women in Technology (CWIT) chapter in Middle East

CWIT

LinkedIn, Dell , Facebook and Ericsson held the first ever MENA Connecting Women in Technology (CWIT) event in Dubai earlier this week. CWIT, a collaborative initiative which started with 15 technology companies in Ireland, was created to attract and retain women in the technology industry. The MENA chapter aims to drive initiatives that encourage and support a culture of innovation …

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Abu-Ghazaleh: Lebanon Must Embrace Technology

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Beirut – HE Dr. Talal Abu-Ghazaleh, chairman of Talal Abu-Ghazaleh Organization (TAG-Org), highlighted the role of technology in building Lebanon which will lead to its prosperity and sustainable development. Speaking at a seminar held by Notre Dame University- Louaize (NDU) in Lebanon under the theme ‘Building the Structure of Lebanon: A Dream or Reality,’ Dr. Abu-Ghazaleh said, “Rapid developments in …

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