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Cover story: Mastercard’s regional head on developing a financially equitable future

In this exclusive interview, Raghu Malhotra, president of Mastercard Middle East and Africa speaks of the importance of financial inclusion, of leveraging key technologies and offers advice to leaders on handling a crisis

Bitcoin

Bitcoin hovers around $32,000 after boost from Musk

Musk said Bitcoin mining is “shifting towards renewable energy” and his company will likely resume accepting it as payment for electric cars

Saudi Aramco

Saudi Aramco confirms data leak after reported cyber ransom

The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency

Bitcoin slides below $30,000 for the first time in a month

Narratives that had propelled Bitcoin to a mid-April record of almost $65,000 are now being questioned

Sheikh Mohammed launches $1m coding challenge

Graduates of the One Million Arab Coders initiative have been urged to compete in the new challenge

Potential of UAE’s cloud-based manufacturing

A cloud computing model that is as dynamic and adaptable as it is cost effective is considered a true enabler

Dubai monitored by 300,000 cameras, one of the world’s safest cities – Sheikh Mohammed

A new initiative will see the use of drones by the Dubai Police to respond to criminal and traffic incidents across the city

Saudi automotive startup Speero closes $1.8m pre-series A funding round

Launched in 2017, Speero is a digital platform for automotive after-sales

Abu Dhabi’s ADQ and Qatar’s QIA among investors in latest Flipkart funding round

The latest funding round has boosted the Indian online retailer’s valuation to $37.6bn

Coders from across the world can now apply for UAE golden visas

The UAE has announced plans to offer 100,000 golden visas to coders – based both locally and internationally

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed launches new programme for coders in partnership with top tech giants

Sheikh Mohammed said the programme aims to train and attract 100,000 coders and establish 1,000 digital companies within five years

Top tips to do social media detox the right way

Here are eight ways by which you can limit your use of social media and avoid mindless scrolling throughout the day

Low-budget games steal spotlight at annual video game convention E3

This year’s online-only event was much quieter, with many hot releases delayed as a result of the pandemic

Saudi’s Tourism Development Fund deploys Oracle Cloud to automate processes

The implementation is designed to drive automation and integration of TDF’s core functions including banking, finance, HR and procurement

Business continuity: How to set benchmarks amid rising cyber threats

The management of business continuity takes into account all of the resources that are necessary for the essential activities of the business

Asaad Abboud, managing director of Leica Camera Middle East

Leica Camera opens Middle East office in Dubai in joint venture with Perpetual Exposure

The regional operations will be headed by Asaad Abboud, owner and managing director of Perpetual Exposure

HP

Reimagining cybersecurity in the new way of working

For far too long, PC users have had to choose between security on one hand and performance and design on the other

Hou Tao is the vice president of Huawei Technologies

Understanding the impact of the Covid-19 pandemic on technology

The pandemic has brought ICT to the forefront as a critical enabler of business continuity

Dubai’s Emirates launches new payment solution in partnership with Deutsche Bank

Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account

GCC: How can digital government services seize opportunities to accelerate trust

GCC governments must build data management trust, develop data governance policies, engage with end-users to ensure they are continuously informed, and drive sustained digital service delivery improvements

Dubai cloud kitchen Kitopi becomes a unicorn after new $415m funding led by SoftBank

The deal marks one of the largest funding rounds for a Middle East technology company

Watch: As UAE’s e-commerce market booms, here’s how operators can remain profitable

The value of the e-commerce market in the UAE is projected to reach $8bn by 2025

Etisalat

UAE telco Etisalat announces 6G plans

According to experts, 6G will bring about much faster data speed as well as lower latency and higher reliability than 5G

ROG Flow X13_GV301_Scenario Photo_01

Asus launches updated version of ROG Flow X13 gaming laptop in the UAE

It features an all-new RTX 3050 Ti GPU and a state-of-the-art external optional XG Mobile eGPU too

Why this region must adopt energy efficient solutions to drive a sustainable future

ABB’s technologies can reduce energy use in industry, buildings and transport, reveals Ahmed Radwan, MEA business lead at ABB Motion

Emir Tumen, founder of Decosouq

The SME Story: Emir Tumen, founder of Decosouq

Decosouq is a dedicated e-commerce marketplace for pre-owned furniture that recently entered the UAE market

Panasonic sells its entire stake in Tesla to raise cash

Proceeds will be used for investing in future growth

Bitcoin leads broad crypto rally after defense of $30,000 level

The digital currency had reached a record near $65,000 in mid-April

Saudi’s Tamer Group acquires majority stake in UAE’s Mumzworld

The transaction will give Mumzworld access to a pool of capital to foster its growth

Tesla dealt big blow as almost all cars in China need safety fix

In most cases, the fix should be able to be made remotely with an online update to the cars’ active cruise control feature