Tokenisation, stablecoins and blockchain infrastructure are reshaping liquidity, capital flows and risk management in the region
digital economy
Latest in digital economy
Artificial intelligence
AI boom to drive trillion-dollar leap in digital economy by 2026
New DCO Trends report says rapid advances in AI and frontier technologies will push the digital economy to 28 trillion dollars next year
Amazon
Amazon commits $35bn to India by 2030 to boost AI, exports and job creation
New investment plan aims to bring AI tools to 15 million small businesses, generate one million jobs and push cumulative exports to US$80 billion
digital economy
PwC Middle East outlines blueprint to transform innovation labs into engines of national growth
New report identifies seven principles for governments and organisations to scale innovation labs and deliver measurable national impact as the Middle East emerges as a global innovation hub
Artificial intelligence
Dubai unveils AI platform, taskforce and Unicorn 30 plan to drive global innovation
Sheikh Hamdan approves new AI platform, taskforce and Unicorn 30 programme to boost Dubai digital economy and global innovation
Brand View
Prakriti Singh talks about the future of payments being driven by AI, personalisation and trust
As Mastercard gears up to host the fourth edition of EDGE – its flagship payments forum for Eastern Europe, the Middle East and Africa (EEMEA), Prakriti Singh, Executive Vice President of Core Payments, shares a glimpse into the evolving world of payments
digital economy
PayPal to invest $100m in Middle East and Africa digital economy
PayPal will invest $100m across the Middle East and Africa to fuel innovation, support entrepreneurs, and expand digital commerce after opening its Dubai hub
acquisition
Inside Dubizzle’s plan to power the Middle East’s digital economy
How Dubizzle is redefining digital marketplaces – and what it tells us about the next chapter of economic participation in the Middle East
cross-border payments
Zand, Mastercard partner to boost cross-border payment solutions
The partnership will leverage Mastercard Move, the company’s suite of money movement solutions to deliver secure, efficient, and seamless international transfers for Zand customers
Artificial intelligence
Middle East uniquely positioned to leverage global changes
Strategic AI adoption and climate resilience could add $232bn to the region’s GDP in the next decade, says PwC
digital economy
Dubai virtual asset watchdog VARA grants licence to tokenisation platform Ctrl Alt
Ctrl Alt was given a VARA license that permits the company to administer licensed activities that include Broker-Dealer services and Issuer services
digital economy
EXCLUSIVE: Dubai attracts $272 million in European digital investment over 4 years
The investment flow demonstrates “strong and sustained momentum alongside growing global confidence in Dubai’s advanced digital ecosystem,” says DUbai Chambers chief Mohammad Ali Rashed Lootah
digital economy
Qatar unveils $1bn investment incentives package to boost economic diversification
Qatar’s new incentive scheme offers financial support to both local and international investors in priority growth sectors
Artificial intelligence
Saudi Arabia’s PIF launches HUMAIN to develop AI ecosystem
The Saudi Crown Prince, who will chair the company’s board of directors, stated that HUMAIN will provide a range of AI services, products and tools
digital economy
Dubai Chamber of Digital Economy supported 127 startups with launch or expansion in Q1
Dubai Chamber of Digital Economy sees significant increase in startup support to start 2025
cloud computing
Inside the UAE’s tech-powered economic transformation
With IT services adoption soaring across manufacturing, logistics, real estate, and education, experts predict a transformational decade ahead for the UAE’s digital economy
digital commerce
PayPal expands in MEA region with its newly launched hub in Dubai
Will serve 80 countries in Middle East and Africa from its Dubai Internet City hub; Has signed several deals with regional merchants and partners
