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chess

The Arab Esports Federation moves into Web3 and launches online chess platform

The federation is headquartered in Riyadh and is led by Prince Faisal bin Bandar bin Sultan

Asus

How ASUS ExpertBook B5 Flip gives businesses a competitive edge

ASUS ExpertBook B5 Flip offers an ergonomic design, robust security features and seamless networking connectivity for business users

Qashio

UAE-based fintech Qashio raises $10m in a seed round

The company’s virtual and physical cards combined with its software allow businesses to manage their spending in a more automated and transparent way

Komainu

Komainu secures MVP licence from Dubai’s Virtual Assets Regulatory Authority

The company can now offer an approved range of virtual asset related services to institutional investors in Dubai

Twitter head of France quits, says ‘it’s over’ in staff exodus

Damien Viel had led the region for about seven years

accidents

How artificial intelligence can help reduce road accidents

Daniel Avdagic, CEO of AV Living Lab explains some of the technologies to look out for in 2023 that will focus on road safety

threat

Threat landscape insights and predictions for 2023

At Kaspersky’s annual Cyber Security Weekend – META, its experts discussed various topics and threats specifically facing enterprises, businesses and industrial organisations

Dubai

Dubai Future Academy announces the launch of three digital courses

The courses are free of charge, self-paced and available globally

ADDED launches Index for manufacturers

Abu Dhabi launches Smart Manufacturing Index to support move to Industry 4.0

The index empowers manufacturers with the necessary knowledge and training to initiate an Industry 4.0 transformation journey and scale up with speed and quality

chargebacks retailers

Top five ways retailers can reduce chargebacks and prevent fraud

Chargebacks are among the biggest issues facing merchants today

Customers can pay for parking at Dubai's DXB by scanning QR code

Customers can scan QR code, pay for car parking at Dubai’s DXB

Dubai Airports has launched the ‘Scan, Pay and Go’ method, whereby customers can scan the QR code on their parking entry ticket

Crypto

ADGM launches Crypto Hub at Abu Dhabi Finance Week 2022

Holding its third day of sessions, the event under the theme of “Crypto Abu Dhabi”, facilitated the assembly of the global crypto, blockchain and decentralised finance entities

decipher

Crypto Oasis joins Algorand’s “Decipher” conference as regional partner

The event will take place from November 28-30 at Madinat Jumeirah, bringing together blockchain experts from Kraken, Binance, Sino Global Capital and more

Here’s how fintech helps businesses control their expenses and manage financial operations

Remo Giovanni Abbondandolo, VP of Commercial – MENA at Checkout.com explains how the company is helping firms optimise existing payment methods

Binance

Binance receives licence from Abu Dhabi regulator

The permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by FSRA

Blockchain

Web3 expert Kevin O’Leary to speak at the Middle East Blockchain Awards

The inaugural event will be held as part of Abu Dhabi Finance Week at W Abu Dhabi on Yas Island, on November 18, 2022

Baraka

UAE fintech baraka raises $20m Series A funding round

The company marks the first regional investment for Valar, a venture capital firm backed by entrepreneur Peter Thiel

Silkhaus

UAE proptech startup Silkhaus raises $7.75m seed round

Silkhaus’ operating system for asset owners provides them with the tools needed to monetise and manage their properties for short-term rentals

Amazon, Meta join ranks of tech companies slashing thousands of jobs

Amazon, Meta join ranks of tech companies slashing thousands of jobs

In recent earnings reports, Alphabet, Amazon, Meta Platforms, Microsoft and others fell short of projections, sending shares plunging and shaving hundreds of billions of dollars from their market valuations

Nike

Nike to open its virtual sneaker store and trading platform

The sportswear company will release its goods on the Swoosh platform

Alula

Saudi’s Royal Commission for AlUla enters the metaverse

RCU has created a 3D model of Hegra’s Tomb of Lihyan, son of Kuza, a UNESCO World Heritage site

Amazon

Amazon’s new warehouse robot could one day replace humans

Amazon employs hundreds of thousands of workers, whose dexterity and intuition currently let them pick and pack items more quickly and more reliably than existing machines

Manufacturing

Manufacturing sector leads in highest average ransomware payments – report

Of the organisations surveyed that paid the ransom, the average cost was $2,036,189 – more than double the cross-sector average of $812,360

sustainability

Framing sustainability success will help create impact where it matters most

From ESG reporting and finance to climate risk assessment, business leaders must recognise sustainability as a core element of their business strategy and plan accordingly

Port of Fujairah

Port of Fujairah opts for Oracle cloud to accelerate growth and support global trade

The port has automated finance, human resources and supply chain functions to enhance business agility and speed up daily work

Huawei

Huawei, Tianjin Port build driverless, zero-carbon transportation solution

The project has achieved Level 4 autonomous driving, enabling 76 intelligent guided vehicles in a fleet to collaborate efficiently

Musk’s Twitter staff shift focus from midterms to brand fakes

“Over the next few days, the absolute top priority is finding and suspending any verified bots/trolls/spam,” Musk wrote in an email to staff

Crypto

Crypto prices sink amid further FTX woes after surging on US CPI

Bitcoin dropped as much as 5.5 per cent to as low as $16,837

HPE and Alpha Data: Accelerating digital transformation

HPE and Alpha Data: Accelerating digital transformation

At Gitex Global this year, we spoke to Morad Qutqut from Hewlett Packard Enterprise (HPE) and Sajeev Perunnelly from Alpha Data, who provided an insight into the scope of cloud-based technologies

Meta

Meta to lay off more than 11,000 employees

The company has also extended its hiring freeze through Q1 of next year, with a small number of exceptions