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UAE banks driving tech, data can overcome COVID-19 disruptions fast ( 04/08/2020 - 6:16pm
“UAE banks are also embracing blockchain, which can offer benefits, including enhanced operational efficiencies, reduction of intermediary costs, and a culture of transparency -- without the ..., Blockchain,
Regulatory, stimulus measures to help UAE banks repel virus ( 04/08/2020 - 4:56pm
He pointed out that certain sectors will benefit as economies will accelerate post-Covid-19, including technology, the Internet of Things, digitalisation, blockchain, distance learning, healthcare and ..., Blockchain, Internet of Things,
Global central bank stimulus presages gold surge ( 03/31/2020 - 8:18pm
That makes all safe havens less safe except one. Gold’s growing supply scarcity and rising production costs make it solider than bitcoin, real estate, bonds or stocks. The 19th century asset is having ...
Banking Cartel,, Bitcoin, Gold, Precious Metals, Stocks,
'Digital restoration' is the answer to getting the global economy back on track ( 03/29/2020 - 9:13pm
Technology can also help restore normal business activities through the use of blockchain to securely and remotely sign and exchange documents, or enable workforce training and development, or even ..., Blockchain, Exchange,
Egypt approves amendment to Anti-Money Laundering Law ( 03/17/2020 - 7:33pm
and cryptocurrency, among other assets. “The amendments will also toughen penalties in the form of a seven-year prison sentence and hefty fines on those convicted of laundering any of the ..., Cryptocurrency, Egypt, Laundering,
Knowledge Oasis Muscat Smart City pilot project unveiled ( 03/16/2020 - 9:23am
The launch of this project is held at Sas Center for 4th Industrial Revolution at MTC, which will train Omanis in the 4-IR technologies, such as IoT, AI, Blockchain and others. We hope that this ..., Blockchain,
Thesaurum integrates blockchain gaming to reward its users with gold ( 03/16/2020 - 1:29am
The blockchain-based gold mining investment company also extended its mining area to 2.55 ㎢ with a current value of $1,290,000,000. Thesaurum has continued to grow their popularity and acceptance ..., Blockchain, Gold, Mining, Precious Metals,
MTC, Omantel and Madayn launch KOM Smart City pilot project ( 03/14/2020 - 11:42pm
The launch of this project is held at Sas Center for 4 th Industrial Revolution at MTC, which will train Omanis in the 4-IR technologies, such as IoT, AI, Blockchain and others. We hope that this ..., Blockchain,
Drones, robots to help deliver licensing services in Dubai ( 03/14/2020 - 7:22pm
It reduces the number of visits and time needed for transactions. A platform built on blockchain technology will bring together Dubai entities like Dubai Municipality, Department of Economic ..., Blockchain, Platform,
Al Tayer approves initiatives to improve drivers and vehicles licensing services ( 03/13/2020 - 9:05pm
It is imperative to use artificial intelligence, big data and blockchain technologies to realise the smart transformation vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President ..., Blockchain,
Bitcoin plummets as cryptocurrencies suffer in market turmoil ( 03/12/2020 - 12:30am
The biggest cryptocurrency slumped as much as 24% during morning trading before clawing back some of its losses. It was last down 18% at $6,500, still on course for its biggest daily loss in five ...
Altcoins,, Bitcoin, Cryptocurrency, Market,
Abu Dhabi Government launches 'Digital Month' initiative ( 03/11/2020 - 9:03pm
artificial intelligence and blockchain technology," Al Ketbi added. The official stressed that all government entities in Abu Dhabi have been working together for months to place the latest and ..., Blockchain,
The Abu Dhabi Government launches the "Digital Month" initiative to enhance customer access to innovative services and solutions ( 03/11/2020 - 2:51am
the Internet of Things (IoT), artificial intelligence and blockchain technology," H.E. added. H.E. stressed that all government entities in Abu Dhabi have been working together for months to place the ..., Blockchain, Internet of Things,
Digital transformation heralds a new era for Al Wathba Insurance Company ( 03/10/2020 - 8:13pm
Award-winning innovations which have led to this success includes introduction of blockchain technology into the claim procedures, allowing for speedier and more transparent processing. Clients can ..., Blockchain, ERA, Innovations,
$135bln invested in Fintech in 2019: KPMG ( 03/10/2020 - 4:23pm
Blockchain and cryptocurrency investment continued to fluctuate, falling from $6.3 billion to $4.7 billion year-over-year, although Facebook’s announcement of Libra and the People’s Bank of China’s ..., Blockchain, China, Cryptocurrency, Facebook, Libra,
Lubna Olayan joins global trade leaders in Riyadh ( 03/08/2020 - 7:44pm
Our shared desire to fast-track the digitization of trade through continuous innovation, led to SABB being the first bank in Saudi Arabia to complete a blockchain-based trade transaction, a milestone ..., Blockchain, Desire, Innovations, Saudi Arabia,
Siemens signs 10-year lease agreement to base its Dubai operations at District 2020 ( 03/04/2020 - 11:37pm
District 2020 supports the UAE’s vision for sustainable economic development and is focused on driving growth in key industries and technologies including: travel & tourism, logistics & transport, ...,
US Expert Kris Bennett leads IGCF 2020 session; says blockchain can be utilised to improve communications ( 03/04/2020 - 3:53pm
Ninth edition of International Government Communication Forum hosts international blockchain expert at a session titled, 'Communication in the blockchain era' Sharjah: To explore the impact of ..., Blockchain, ERA, International...,
Al Tayer opens 3rd Emirati-French Business Summit engaging 45 French firms ( 03/02/2020 - 11:27pm
It also examined digital transactions known as blockchain technology. Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible ..., Blockchain,
Lubna Olayan joins global trade leaders debating new era of growth in Riyadh ( 03/02/2020 - 1:23am
Our shared desire to fast-track the digitization of trade through continuous innovation, led to SABB being the first bank in Saudi Arabia to complete a blockchain based trade transaction, a milestone ..., Blockchain, Desire, ERA, Innovations, Saudi Arabia,
Call to utilise Blockchain technology to minimize fraud ( 03/01/2020 - 7:11pm
Dubai: Almost 20 per cent to 30 per cent degree certificates in the UAE are fake and employers can utilize Blockchain technology to detect fraud, according to Abdulqader Obaid Ali, Chairman of the UAE ..., Blockchain, Danger, Fraud,
National Bank of Fujairah partners with Ripple for cross-border money transfers ( 03/01/2020 - 6:08pm
Bank’s customers will now be able to conduct secure and real-time payments with clear end-to-end tracking of transactions DUBAI - The National Bank of Fujairah, NBF, has announced its partnership with ..., Ripple, XRP,
DIFC, Mashreq offer instant bank accounts with region's first KYC blockchain ( 02/29/2020 - 9:51pm
The region’s first know-your-customer (KYC) blockchain data-sharing platform is live. Launched by Mashreq Bank and Dubai International Financial Centre (DIFC), the platform will enable licensed ..., Blockchain, International..., KYC, Platform,
Dubai International Financial Centre and Mashreq Bank launch instant Bank Account Opening with the region's first KYC Blockchain platform - Now Live ( 02/29/2020 - 6:34pm
Growing from an initial “Proof of Concept” to confirm the possibility of using cutting-edge blockchain technology, the KYC platform is now ready and open to all licensing authorities and financial ..., Blockchain, International..., KYC, Platform,
MoHAP Organizes the 1st Conference on Artificial Intelligence in Healthcare ( 02/26/2020 - 8:13pm
“MoHAP is keen to improve the quality of life and the sustainability of health care using artificial intelligence techniques, augmented reality (AR), virtual reality (VR), telemedicine devices and ...,
DIFC signs MoU with Singapore blockchain accelerator ( 02/26/2020 - 12:50am
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Tribe Accelerator, the first Singapore government supported Blockchain accelerator, for knowledge ..., Blockchain, International..., Singapore,
IDC hosts Middle East's most influential technology decision makers at CIO summit in Dubai ( 02/25/2020 - 9:29pm
This next step will require government agencies to build the required digital infrastructure, experiment with artificial intelligence, make blockchain a central part of their transaction systems, and ..., Blockchain,
Dubai International Financial Centre reaffirms commitment to advancing FinTech Ecosystem ( 02/25/2020 - 9:28pm
New partnership agreement signed with Tribe Accelerator, the first Singapore government supported Blockchain accelerator to collaborate on knowledge sharing and events DIFC Authority and DIFC FinTech ..., Blockchain, International..., Singapore,
Dubai's KYC blockchain consortium is credit positive for UAE banks ( 02/25/2020 - 6:11pm
The creation of Know Your Customer (KYC) blockchain platform is credit positive for UAE banks, as it will support the asset quality of the banks mainly by reducing operational risk. On 19 February, ..., Blockchain, KYC, Platform,
The new normal should be cashless ( 02/25/2020 - 5:22pm
I would, of course, regret depriving the libertarian community of a financial bearer instrument whose anonymity offers protection from an overbearing and possibly predatory state; but those who want ...,
Riyadh, Jeddah top hospitality development list in Mideast ( 02/23/2020 - 10:14pm
Virtual reality (VR), AI, Robotics, Blockchain, and 3D printing will play an even bigger role to play in the region’s hospitality industry in the coming years. AI could increase hotel revenues by over ..., Blockchain,
STO LAB MENA publish comparative digital assets regulatory framework report ( 02/23/2020 - 10:03pm
Abu Dhabi, UAE: As digital assets built on blockchain revolutionize the world of Fintech, whether in payments, fund raising, and asset ownership and trading, regulators globally and in the MENA region ..., Blockchain,
HE Saeed Mohammed Al Tayer inaugurates DEWA Innovation Week ( 02/22/2020 - 11:56pm
These include AI; Unmanned Aerial Vehicles; Energy Storage; Blockchain; Internet of Things (IoT); among others,” said Marwan bin Haidar, Executive Vice President of Innovation and the Future at DEWA., Blockchain, Innovations, Internet of Things,
FireEye Mandiant M-Trends 2020 report reveals cyber criminals are increasingly turning to ransomware as a secondary source of income ( 02/22/2020 - 5:26pm
FireEye Mandiant consultants attribute this trend to organizations improving their detection programs, as well as changes in attacker behaviors such as the continued rise in disruptive attacks (e.g., Hackers,
UAE telecom transformation to ride on 7 macro trends ( 02/20/2020 - 4:05pm
The applications are limitless. No wonder, every major telecom operator is focused on utilizing it. Blockchain: Blockchain is an open ledger that can be used to verify records of payment between ..., Blockchain, Ledger, Ledger,
Dubai introduces instant bank account for new entrepreneurs ( 02/19/2020 - 5:13pm
Dubai Economy has established a blockchain consortium in partnership with six UAE banks, whereby freelancers and entrepreneurs in Dubai will soon be able open bank account instantly. "KYC (Know Your ..., Blockchain, KYC, SIX,
Dubai Economy joins hands with 6 banks to launch the first KYC Consortium in UAE ( 02/19/2020 - 12:21am
Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early joiners “Our strategic alliance with banks to launch the ...
Banking Cartel,, KYC,
64 global thinkers and experts from 16 countries to headline 57 diversified events at IGCF 2020 ( 02/18/2020 - 11:16pm
Is There Room for Humans’, ‘Communication in the Blockchain Era’, ‘Artificial Intelligence as the New Face of Communication’, and ‘Why Does the Screen Have So Much Impact on Public Opinion?’. The IGCF ..., Blockchain, ERA,
From 3D printing to making life better for farmers ( 02/18/2020 - 1:16am
An X-cellent future for farmers India-based Agri10X, which is striving to transform the roots of agriculture by working at grassroots level with farmers, Farmer Producer Organisations (FPOs), local ..., India,
More hope for sukuk market growth: S&P ( 02/17/2020 - 10:12pm
BANKING ON INNOVATION On the tech front, 2019 witnessed the launch of a blockchain-enabled platform for Sukuk issuance and management. Yet to gain traction in the market, the platform simplifies the ..., Blockchain, Innovations, Market, Platform,
Banque Saudi Fransi selects TCS BaNCS Global banking platform to enhance customer experience ( 02/17/2020 - 8:10pm
Designed on a Digital First, Cloud First philosophy, the platform’s Open Banking capabilities complemented by TCS’ blockchain offering, Quartz™, will enable participation in larger ecosystems., Blockchain, Cloud, Platform,
$500bln NEOM megacity a catalyst in driving investments in Saudi Arabia’s PropTech sector ( 02/17/2020 - 4:19pm
The real estate sector is no exception. Today, the property sector dynamics globally is being shaped by the latest trends in technology, including blockchain and Artificial Intelligence (AI). The real ..., Blockchain, Saudi Arabia,
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