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Changpeng Zhao, founder and CEO of Binance,

Binance secures MVP licence from Dubai’s Virtual Assets Regulatory Authority

The licence is an important milestone that follows a number of registrations for Binance’s local entities in the MENA region and across Europe in Italy, France and Spain

technology

Insights: Advancing the role of tax authorities through technology

Tax authorities are aggressively adopting artificial intelligence to generate and preserve taxpayer data

HSBC executes first blockchain transaction for Middle East’s automotive sector

The Contour platform deploys decentralised technology to integrate digital networks for transfer of data across trade routes

Oracle Saudi

Oracle appoints Reham Almusa as country leader for Saudi Arabia

Almusa joined Oracle in April 2021 as cloud applications director, following which she was given the additional responsibility of leading the brand’s public sector business in the kingdom

HUAWEI Matebook X Pro

Hands-on review: Huawei MateBook X Pro

The upgraded features in the laptop make it an ideal device for business professionals and students

Crypto

Bitcoin, Ether extend crypto selloff as big Fed rate hike looms

An Ether jump since mid-June that was spurred by hype around an upgrade of the Ethereum blockchain is rapidly unwinding

Saudi Arabia’s foreign minister and the secretary general of the Digital Cooperation Organization in Riyadh

Digital Cooperation Organization to establish HQ in Riyadh

Saudi Arabia, Bahrain, Cyprus, Djibouti, Kuwait, Morocco, Nigeria, Oman, Pakistan, Jordan and Rwanda are member states of the organisation founded to drive collaboration in digital transformation

Real-time payments

Real-time payments set to underpin economic growth in the GCC

ACI Worldwide lists three main drivers that enable and accelerate the move towards real-time payments in the region

Dubai-Smart-Police-Stations

Dubai’s smart police stations serve over 2 million visitors since launch

The unmanned police stations have “smartly” processed 363,189 transactions since they were first introduced in 2017

Nanovo launches in Middle East with first phygital retail concept

6thStreet collaborates with Nanovo, opens region’s first phygital store

Customers can select from more than 40,000 products at the store’s self-service terminals

iPhone

Apple counts on upscale shoppers to turn latest iPhone into hit

The iPhone 14 line was unveiled earlier this month alongside new Apple Watches and AirPods

Gaming strategy

Saudi Crown Prince unveils National Gaming and Esports Strategy

The strategy will be implemented through 86 initiatives covering the entire value chain, launched and managed by over 20 government and private entities

Digital Assets

Cover Story: Why digital assets are key for the financial sector

Digital assets can unlock opportunities with immense potential for the financial services industry, allowing fintechs to offer their clients a host of benefits

Inery

Inery acquires investment from Metavest at $128m valuation

The company aims to expand its use cases – particularly in GameFi, where it seeks to explore the full potential of gaming industry

Pure Storage

Pure Storage to demonstrate series of storage solutions at Gitex Global

The company will showcase innovations including its Evergreen//One, Pure Fusion, Portworx Data Services and FlashArray//X

ENOC, Emirates NBD collaborate for payment solutions

Emirates NBD enables H2H digital payment solutions for ENOC Group

The H2H implementation has facilitated the automation of treasury cycles and reconciliation processes through scheduled transmissions

UAE-based technology firms Tahaluf Al Emarat, CPX Holding sign MoU

The partnership aims to provide secure, reliable IT solutions and advisory services to enterprises and government entities

Fugro

Geo-data solutions provider Fugro expands its presence in the Middle East

The facility will host a remote operations centre expanding the company’s remote and autonomous capabilities, transforming the maritime sector

Ethereum

Ethereum completes long-awaited energy-saving ‘Merge’ upgrade

Ether surged more than fivefold in 2021, outperforming Bitcoin by a wide margin, in part on optimism over the Merge

Omnix

Omnix launches center of excellence to support businesses in their digital journeys

The center of excellence is designed to provide a centralised and coherent view of the users’ network, security and operations challenges

Hands-on review: Huawei MatePad Pro

The Huawei MatePad Pro is designed for professionals, students and content creators, to be a smart office tool that is efficient, convenient and easy to use

Samsung emissions

Samsung to invest $5bn under plan to tame rising emissions

South Korea’s biggest company also aims to switch overseas factories entirely to renewable electricity within five years

Teledyne FLIR gives travelers a safe crossing

Teledyne FLIR installs AID camera technology at 1915 Çanakkale Bridge in Turkey

The camera can reliably detect collisions, stopped vehicles, wrong-way drivers and pedestrians in challenging lighting and weather conditions

stc_SDAIA_MoU

Saudi Data and AI Authority, stc to develop digital technologies, AI solutions

The organisations intend to localise digital solutions and exchange experiences and knowledge in the field of data management and governance

Huawei

How Huawei is committed to creating value for its customers

Huawei’s divisions are setting the pace for the company’s growth in the coming months

Google Cloud

Google Cloud inks sustainability agreement with Saudi government authorities

Google Cloud with SDAIA, MEWA and Climate Engine will launch the Earth Observation and Science Programme which will help address environmental, water and agricultural challenges

Ellington Properties

Dubai-based Ellington Properties partners with Microsoft to support business growth

Microsoft’s property management solution minimises manual processes and human interference thereby ensuring enhanced service

Saudi IBM

Saudi govt authorities, IBM join forces to reduce kingdom’s emissions

IBM will work with SDAIA to identify high value applications of artificial intelligence and machine learning to solve challenges in public and private sector organisations

Global AI Summit Saudi

Global summit on artificial intelligence begins in Riyadh

The second edition of the Global AI Summit brings together various stakeholders to discuss the future of artificial intelligence and the kingdom’s contribution to this field

Dulsco

Dulsco opts for Oracle cloud applications to enhance digital operations

With Oracle applications for finance, supply chain, HR and customer service, the company will be able to standardise business processes on a single platform