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Abu Dhabi to host its first electric vehicle assembly facility

Constructed by KIZAD, the facility is set for completion in the fourth quarter of 2022

Dubai Metaverse Assembly: WEF, Meta, Mastercard, Emirates participate as partners

Dubai Metaverse Assembly: WEF, Meta, Mastercard, Emirates participate as partners

The event will take place on September 28 and 29 at the Museum of the Future

Urban Tech District

Dubai’s new technology district to offer 4,000 jobs in education, training

Located on the Creekside of Al Jaddaf area, the district will offer conference rooms, training grounds, research labs, seminar rooms, business incubators and other attractions

Planradar

Field management platform for construction and real estate PlanRadar launches in the UAE

The establishment of a regional headquarters in Dubai will support the further expansion throughout the MENA region

Tabby Egypt

UAE’s buy-now-pay later platform Tabby expands to Egypt

Tabby works with multiple brands including Lacoste, L’azurde, Faces, In Your Shoe, Kai Collections, Ariika, Marcqa, Dresscode and Floward

ICP launches third generation of UAE Passport, advanced visa system trial

ICP launches third generation of UAE Passport, runs advanced visa system trial

The new advanced visa system will come into effect starting October 3

Nigeria

Nigeria, Binance in talks for digital city to develop blockchain

Nigeria is targetting digital technology as a means to help diversify the economy away from crude oil

CyberArrow

CyberArrow, G42 Cloud team up to enhance cybersecurity in public and private entities

The agreement will allow for automation of governance, risk management and compliance tasks, helping the government and private entities to become more secure

Bitcoin

Bitcoin loses momentum on weekend with support around 2017 high

Bitcoin dropped as much as 0.8 per cent to $19,591 on Sunday and was little changed as of 7.50am in New York

Financial sector

Insights: The financial sector remains a popular target for cybercriminals

Apart from ransomware, different hacker groups often use multiple attack vectors when looking to target the financial sector

Three ways Fintech is transforming everyday life

What are the three ways fintech is transforming everyday life?

Technology has altered practically every aspect of our lives and nowhere is this more evident than in fintech, particularly payments

clean water

How digitisation is helping cities to provide clean water

Municipalities across the planet are turning to smart water management solutions to ensure supply resiliency, says Gary Wong, Industry Principal – Water and Smart Cities, Aveva

HP Printer

HP unveils LaserJet Tank Printer series for low-cost printing

The series include mess-free toner refill system that takes only 15-seconds to fill

OQ Technology

Spacetech startup OQ Technology raises EUR13m in Series A funding round

The funding round was led by Wa’ed Ventures, the venture capital arm of Aramco, and Phaistos Investment Fund, managed by 5G Ventures in Greece

Digital Banking

Insights: The three elements of a successful digital banking strategy

While omnichannel and digital services aren’t new to banks, many institutions have struggled to keep up with the rapid changes and the scale of demand during the pandemic

Twitter launches an edit button for paying subscribers

Edit Tweet, as the feature will be called, will let users make changes to their tweet for up to 30 minutes after it’s originally published

Rain Financial

Coinbase-backed crypto firm Rain Financial cuts jobs

The staff cuts were made to reflect the operational needs and market conditions

ASUS Zenbook 17 Fold OLED at IFA 2022

ASUS launches Zenbook 17 Fold OLED

The laptop will be available worldwide from Q4 2022

Snap

Snap will cut 20% of workforce, slash investments, add COO

Snap is known for its core social media app Snapchat, which is popular for sending disappearing photo and video messages

Dubai DESC

Oracle’s Dubai cloud region receives DESC certification

Oracle Cloud Infrastructure operates two cloud regions in the UAE – Dubai and Abu Dhabi, providing customers with business continuity and disaster recovery capabilities

Instagram

Instagram adds ways for users to adjust their suggested posts

Instagram has been making major updates to its app over the past two years, increasingly populating feeds with algorithmically generated content

Twitter's new feature

Twitter’s new feature is out: What is it and how does it work?

Starting August 31, this feature will be available on iOS, Android and Twitter.com globally

Asian Chess Federation

The Asian Chess Federation, Checkmate partner to scale up online competitive chess

Checkmate is a Web3 initiative focused on producing and broadcasting linear and online tournaments for a new generation of players

UAE among global leaders in the adoption of a digital lifestyle

UAE ranks among leading countries on digital lifestyle indexes, reveals TDRA report

According to the report, the UAE ranks second globally in terms of internet usage at a rate of 99 per cent compared to the global average of 62.5 per cent

Amazon Web Services opens second region in the Middle East

Amazon Web Services launches second Region in the Middle East, plans investment of $5bn

The AWS Middle East (UAE) Region will support an average of nearly 6,000 full-time jobs annually at external vendors

Hub71 startups

Abu Dhabi’s Hub71 accepts second cohort of tech startups

The second cohort includes 16 startups that have collectively raised more than $67m in funding

Reliance Jio to offer 5G services in India by October, invests $25bn

Reliance Jio to offer 5G services in India, announces $25bn investment

The 5G services will be rolled out in the four metro cities of Delhi, Mumbai, Kolkata and Chennai by October

Whatsapp

WhatsApp rolls out in-app shopping product with India’s JioMart

The new feature lets users in India shop for products from JioMart, and pay for them directly within the app

Africa

McKinsey sees Africa fintech sales surging eightfold by 2025

Financial services revenues in Ghana and francophone West Africa will enjoy the fastest growth, with Nigeria and Egypt the next quickest

CBUAE launches new website

UAE’s Central Bank launches new corporate website with interactive digital services

The website provides the latest financial and monetary news, research and statistics on the UAE and CBUAE regulations