Wednesday , 22 November 2017

Tag Archives: Technology

Cloud migration can help finance reap rewards

Cloud-based finance technology is an attractive proposition for forward-looking finance leaders looking to increase business performance, optimize operational efficiency and keep up with regulatory changes. Furthermore, moving finance to the cloud will help truly transform it into a strategic function. A tipping point for finance Amid the digitisation of the economy, the finance function is at a tipping point. Today’s …

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Careem set to launch in Palestine

Careem, a ride-hailing service in the Middle East and North Africa, will launch in Palestine on June 15, it announced on Tuesday. Starting in the city of Ramallah and expanding to more locations in the near future, Careem says it hopes to highlight the opportunity the Palestinian tech ecosystem provides to local businesses. Careem’s investment in Palestine falls in line …

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Dubai’s Emirates considers introducing augmented reality aboard

As part of its plans to further revolutionise its services, boost its competitiveness and survive the headwinds besetting the aviation industry, the Emirates Airlines is reportedly studying ways to equip staff with augmented reality glasses that display a passenger’s name and travel habits! “We could enhance customer service tremendously,” said Christopher Mueller, Emirates’ Chief Digital and Innovation Officer in statements …

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Bahrain launches new rules for fintech firms

Bahrain’s central bank has issued new rules to create a regulatory unit that will allow financial technology firms to test and experiment banking ideas in a controlled environment. Other global regulators from Hong Kong to Brazil have established similar regulatory incubators to allow fintech firms to experiment with new business models and products without falling foul of financial rules. Bahrain’s …

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Pearson brings virtual reality learning technology to Middle East

Pearson, Microsoft and Google collaborate on state-of-the-art learning technology. Pearson launched its latest augmented reality (AR) and virtual reality (VR) educational technology in the Middle East. This includes content for Microsoft HoloLens, the brand new augmented reality viewer, as well as content for VR including interactive 360° courseware. Microsoft’s HoloLens, is the world’s first untethered augmented reality system. HoloLens is …

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Zain to host technology conference in Jordan

Zain Group is set to host its sixth annual Zain Technology Conference (ZTC) from 5-7 December in Jordan. The theme of this year’s Conference is ‘Moving Forward’, and will focus on Zain’s strategy execution as it continues its transformation to becoming a digital lifestyle provider in a highly competitive environment. In addition to keynote speeches from Zain’s main technology partners …

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PwC acquires Dubai-based technology consulting firm

PwC Middle East announced yesterday that it has entered into an agreement to acquire NSI DMCC, an industry-pioneering technology consulting company headquartered in Dubai. The acquisition of NSI will complement PwC’s digital transformation capabilities and enhance its ability to deliver innovative solutions across all channels, platforms and devices. The acquisition further enhances PwC Middle East’s ability to deliver a suite …

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GMIS a platform for technology standardisation, says UNIDO at Moscow roadshow

Global Manufacturing and Industrialisation Summit will enable discussion on standardising new technologies for industry-wide applications Current lack of standardisation means developing Internet of Things technologies are unable to communicate universally, limiting their potential The Global Manufacturing and Industrialisation Summit (GMIS) will further global discussions and spur international action on emerging technology standardisation, said Ludovica Alcorta, Director of the Development Policy, …

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Is Saudi Arabia’s Vision 2030 starting to take shape?

Microsoft co-founder Bill Gates believes young people in Saudi Arabia are key to the country achieving its Vision 2030 reform plan. The reforms put in place earlier this year by the oil-rich kingdom appear to be taking hold, if we are to go by two major economic announcements this week. The first was the Saudi Arabian central bank’s announcement that …

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“Gulf Islamic Investments” raises US.$145 million for Silicon Valley Technology Company “Apttus”

Gulf Islamic Investments LLC (‘GII’), a UAE based Islamic financial services company, today announced the successful closing of US.$145 million fund raising for “Apttus”, a Silicon valley based company delivering Enterprise Class, Software-as-a-Service (Saas) Solutions to complete the Quote-to-Cash customer process and the Procure-to-Pay supplier process. This is the fourth company out of Silicon Valley for which GII has raised …

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