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Leap23 announced more than $9 billion in investments to support emerging technologies, digital entrepreneurship, tech startups, and strengthen Saudi Arabia’s position as the largest digital market in the Middle East and North Africa on Monday to kick off a four-day event in Riyadh (MENA). At the event, which is being held at the Riyadh Front […]
The newest advancements in artificial intelligence have been included into a new edition of Microsoft’s Bing search engine. The update uses OpenAI’s ChatGPT technology, which has been sweeping the globe since its release a year ago. The action ushers in an AI arms race between the two businesses and represent by far the largest challenge […]
As part of the Dubai company’s development into technology, Emirati billionaire Hussain Sajwani’s Damac Group is looking at investment opportunities worth €1 billion in Germany. According to a statement released on Tuesday, the company is now “on a fact-finding journey in Germany to explore the market and perhaps discover mutually beneficial partners” for investment. Privately-held […]
To improve their client experience, Emirates NBD has started a global accelerator programme for metaverse entrepreneurs. In accordance with the Dubai Metaverse Strategy, the accelerator programme places the bank in a leadership position for the upcoming wave of banking innovation. The biggest lender in Dubai, Emirates NBD, has never before shown interest in the metaverse, […]
Rakbank will be the first UAE bank to enable Kraken to provide its clients with transparent, efficient, dirham-based digital asset trading, as the UAE works to accomplish its aim of becoming a worldwide virtual asset centre. Residents will be able to fund their crypto accounts using local transfers from any bank in the nation. Currently, […]
Cybersecurity attacks are a persistent issue, particularly for Middle Eastern businesses and organizations. These threats can halt operations, damage a company’s reputation, and result in costly legal action. The more technology a company relies upon, the more vulnerable it is to cyberattacks and challenges. Hackers are increasingly focusing on Middle Eastern firms that are converting […]
Meta, previously Facebook, promises to spend at least $10 billion this year on virtual reality and augmented reality research and development. On Monday, CEO Mark Zuckerberg demonstrated the company’s development by unveiling many of the incomplete headgear prototypes it has produced in its laboratories. Zuckerberg has staked his company’s future on virtual reality, which immerses […]
Sundar Pichai, the CEO of Google, teased a smart eyewear prototype that can translate languages in real-time at the company’s I/O conference. Pichai demonstrated augmented reality glasses that “take its advances and transcriptions” and present them right in front of the user’s eyes in a video. While the glasses are only a prototype, Google claims […]
With the opening of its Metaverse HQ in the dynamic virtual world of ‘The Sandbox,’ Dubai’s Virtual Assets Regulatory Authority (VARA) announced its entry into the Metaverse this Tuesday. VARA was created to provide a scalable operating framework for the virtual asset industry while also protecting market participants and investors. It intends to control the […]
Emirates Airlines already has the first initiatives in the works. A launch is scheduled in the coming months, as part of its focus on expanding its digital reach. In the Metaverse, enthusiasts will be able to obtain collector and utility-based NFTs, as well as a variety of other experiences. Emirates is investing $10 million into […]
FPT smart cloud, has partnered with KT Corporation in a business agreement to promote a business to supply public and financial cloud services to Vietnam. KT Corporation, previously known as Korea Telecom, is South Korea’s largest telecommunications company and also South Korea’s first telecommunications company and as such it dominates the local landline and broadband […]
The world’s largest semiconductor chip manufacturer Intel invests $475 million into its Vietnam division. Which will help in adopting more advanced technology and move beyond its key central processing unit. Intel Vietnam, gets a 50% increase from previous investments, to manufacture core processors and 5G products, the company said the expansion was to help it […]
