Aligned is a pan-Americas data centre company; Comes on the heels of $350 million investment in Princeton Digital, a pan-Asia data centre, last year
digital infrastructure
Connectivity
Saudi Arabia’s NEOM announces massive telecom centre
The TONOMUS.NEOM Telecommunications Centre will be located at Saudi Arabia’s NEOM
Crown Prince of Dubai
Sheikh Hamdan launches second cycle of Dubai Cyber Security Strategy
The Dubai Cyber Security Strategy aims to establish a safe and secure cyberspace while strengthening the city’s digital infrastructure
consumer behaviour
Global e-commerce expected to hit $8.5 trillion by 2026: Report
The report by the Florida-based FIS showed the Middle East and Africa clocked the highest growth of 21% from 2021-2022
Artificial intelligence
Sheikh Maktoum meets OpenAI CEO Sam Altman during his UAE visit
The Deputy PM and Minister of Finance discusses ways the UAE government could use ChatGPT and develop AI-driven solutions
cloud technology
ISQ backed Lightstorm strike’s partnership deals with Kalaam Telecom and GDH to make big-bang entry into Middle East
The company is expected to make hundreds of millions of dollar investments to fund its operations in the region
digital infrastructure
PIF’s Saudi Downtown partners with MCIT to drive digital transformation
Saudi Downtown signed an MoU with the ministry on the tie-up at the ‘LEAP’ conference in Riyadh on Monday
digital economy
How to close the Saudi Arabia’s skills gap
Saudi Arabia’s Digital Economy poised for growth, as the government and the private sector invest in Digital Skills and Infrastructure
Central Bank of the UAE
UAE announces new tax platform to “dramatically enhance” ability to collect taxes
The new platform will launch in the second week of December
Central Bank of the UAE
FTA’s new EmaraTax platform set to go live on December 5
The improved online platform will enhance taxpayers access to the Federal Tax Authority’s services, payment of taxes and obtaining refunds
Bahrain
Bahrain attracts $98 million FDI in ICT sector in Jan-Sept period
These investments are expected to create over 770 jobs to help achieve the objectives of the Kingdom’s economic recovery plan
Blockchain
Dubai, the leading destination for global luminaires and technology companies
An innovation hub bridging East and West, Dubai offers unrivalled access to the world’s fastest-growing economies
cyber threats
UAE-based Greenstone Equity Partners helps Paladin Capital to raise $372mn for its cyber fund
Greenstone said it supported the Washington-based VC in achieving the fund closure by raising capital from its network of GCC-based investors
chip market
Brain drain poses systemic threat to technology industry, report says
There is a dearth of talent in the chip industry, which is currently facing a global shortage, who would further hardware innovation
decentralised
Dubai to put metaverse into a legal framework: Obstacles and forecasts
The trend is clear: The integration of regulatory authorities into the metaverse has begun, and where one entity enters, others will follow over time
Ammar Al Malik
Dubai Internet City strengthens its status as preferred hub for global tech firms
US tech firm Cloudflare joins the growing ranks of companies setting up operations in Dubai Internet City
