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UAE’s new low-cost airline ‘Air Arabia Abu Dhabi’ will start operations from the Capital in the first half of next year, said Tony Douglas, CEO of Etihad Aviation Group, on Monday. Speaking on the sidelines of a press conference at Dubai Airshow on Monday, Douglas refused to disclose the inaugural flight date or destination for […]
OPay, the startup behind one of Nigeria’s leading mobile payments services, has raised $120 million in a Series B funding round joined by a host of Chinese investors. The round – which comes on the heels of a $50 million round in June – was joined by Meituan-Dianping, DragonBall Capital, GaoRong Capital, Source Code Capital, […]
Facebook is taking on Venmo, Apple Pay and others with a consolidated payments service that works across its main app, Messenger, Instagram and WhatsApp. People have been able to make purchases and send money to each other through Facebook’s various apps for some time but the new Facebook Pay service promises to make the experience […]
JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts. With technology giants increasingly moving in on banks’ turf, JPMorgan Chase has decided that its best option is to help them do […]
UK fintech Curve is now allowing its users with Android-operating devices to shop with Google Pay. The ‘over-the-top’ banking platform provides its users with a single Curve card which can make payments from any other bank card they have. Curve’s integration with Google Pay means its users will be able to link all their bank […]
The Federal Aviation Administration has allowed Wing, an Alphabet-owned drone delivery service, to perform at home deliveries using the vehicles. TechCrunch is reporting that it’s the first time a drone delivery company has earned the distinction, and it’s in partnership with FedEx Express and Walgreens. Wing was awarded an Air Carrier Certificate from the FAA that allows for […]
Australia’s flag carrier Qantas completed on Sunday a non-stop test flight from New York to Sydney, researching how the world’s longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers. Carrying 50 passengers and crew on board, Qantas Flight 7879 on a new Boeing 787-9 Dreamliner touched down in Sydney […]
Dubai is all set to reap the benefits of six-month long Expo 2020 as the countdown for the mega event starts today. The emirate is expected to grow over 4 per cent in the next one year as economic activity gains momentum, which will benefit the construction, interior fit-outs, banking, hospitality, aviation, event management and […]
While everyone’s heard of Bitcoin, not everyone knows how it works. So, here’s a technical yet accessible explanation to ensure you are up to speed. Australian crypto exchange Mine Digital has outlined the origins of the cryptocurrency and why it’s so secure, so if you’ve always dreamed of investing in a decentralised alternative to traditional currency […]
The U.S. and the U.K. have signed a first-of-its-kind agreement that will allow law enforcement agencies in the countries to access data from tech companies more quickly in criminal investigations. In a press release late Thursday, the Justice Department said the historic agreement will “dramatically speed up investigations by removing legal barriers to timely and effective […]
World-famous Sophia the humanoid robot may have accepted the Saudi Arabian citizenship already, but now the UAE also has a robot that has Emirati written all over it. A group of UAE University students have created Bu Saif – a robot that speaks Arabic and teaches UAE history and culture. Dressed in traditional Emirati attire, […]
Virgin Hyperloop One, the company that is developing futuristic transit systems in the UAE and India, is looking to connect Gulf countries as well as areas within Dubai, drastically reducing travel time, a senior official said on Sunday.“We have a vision to connect Gulf region which will enable travelling from Abu Dhabi to Riyadh in […]
