The Deputy PM and Minister of Finance discusses ways the UAE government could use ChatGPT and develop AI-driven solutions
digital infrastructure
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
Alexander Klimburg
Aramco CEO joins global pledge to boost cyber resilience in the oil and gas industry
At the World Economic Forum, Aramco joined 18 companies that came together to take collective measures against cyberattacks
digital economy
How Dubai’s digital economy supports an ‘optimised investment climate’ and adds value to consumers
The group CEO of global trading firm Equiti discussed ways to boost the digital economy
business data
Delivering secure enterprise networks in a post-pandemic working environment
As businesses battle with functioning in new areas, including hybrid and remote working environments, the necessity to remain on top of cybersecurity challenges has intensified
cyber attack
GCC banks have ‘sufficient operational risk capital’ to cover losses related to cyber risk: report
The banks’ strong profitability, capitalisation, and liquidity provide a financial buffer against potential incidents, an S&P Global Ratings report said