#Technology

Bitcoin

Bitcoin hovers around $32,000 after boost from Musk

Musk said Bitcoin mining is “shifting towards renewable energy” and his company will likely resume accepting it as payment for electric cars

Saudi Aramco

Saudi Aramco confirms data leak after reported cyber ransom

The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency

Bitcoin slides below $30,000 for the first time in a month

Narratives that had propelled Bitcoin to a mid-April record of almost $65,000 are now being questioned

Sheikh Mohammed launches $1m coding challenge

Graduates of the One Million Arab Coders initiative have been urged to compete in the new challenge

Dubai monitored by 300,000 cameras, one of the world’s safest cities – Sheikh Mohammed

A new initiative will see the use of drones by the Dubai Police to respond to criminal and traffic incidents across the city

Saudi automotive startup Speero closes $1.8m pre-series A funding round

Launched in 2017, Speero is a digital platform for automotive after-sales

Abu Dhabi’s ADQ and Qatar’s QIA among investors in latest Flipkart funding round

The latest funding round has boosted the Indian online retailer’s valuation to $37.6bn

Coders from across the world can now apply for UAE golden visas

The UAE has announced plans to offer 100,000 golden visas to coders – based both locally and internationally

Sheikh Mohammed launches new programme for coders in partnership with top tech giants

Sheikh Mohammed said the programme aims to train and attract 100,000 coders and establish 1,000 digital companies within five years

Saudi’s Tourism Development Fund deploys Oracle Cloud to automate processes

The implementation is designed to drive automation and integration of TDF’s core functions including banking, finance, HR and procurement

Asaad Abboud, managing director of Leica Camera Middle East

Leica Camera opens Middle East office in Dubai in joint venture with Perpetual Exposure

The regional operations will be headed by Asaad Abboud, owner and managing director of Perpetual Exposure

Hou Tao is the vice president of Huawei Technologies

Understanding the impact of the Covid-19 pandemic on technology

The pandemic has brought ICT to the forefront as a critical enabler of business continuity

The need to build low-carbon, energy-saving data centres in the Middle East

Energy conservation and sustainable development are now key drivers of the data centre industry’s development, says Huawei’s Sanjay Kumar Sainani

Etisalat

UAE telco Etisalat announces 6G plans

According to experts, 6G will bring about much faster data speed as well as lower latency and higher reliability than 5G

ROG Flow X13_GV301_Scenario Photo_01

Asus launches updated version of ROG Flow X13 gaming laptop in the UAE

It features an all-new RTX 3050 Ti GPU and a state-of-the-art external optional XG Mobile eGPU too

Why this region must adopt energy efficient solutions to drive a sustainable future

ABB’s technologies can reduce energy use in industry, buildings and transport, reveals Ahmed Radwan, MEA business lead at ABB Motion

Video: Abu Dhabi approves Covid-19 scanners after trial, to roll them out at malls, residential areas

The scanners can detect a possible Covid-19 infection by measuring electromagnetic waves

eyewa

UAE startup eyewa raises $21m in Series B funding round

Eyewa aims to take its e-commerce model and expand into brick-and-mortar retail operations at key locations in the region

Deutsche Bank partners with Oracle to accelerate its digital transformation

The two companies have also agreed to form a joint innovation partnership

E-commerce

UAE retail e-commerce market reaches $3.9bn in 2020

In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail e-commerce market

Global power grids pushed to breaking point

The extreme weather highlights the real world impact of climate change

Louis Vuitton owner signs deal with Google to use AI for boosting sales

The contract will run for at least five years and include training by Google Cloud to LVMH’s staff

Abu Dhabi

Abu Dhabi rolls out mass screening Covid-19 technology

The scanners will be used at entry points to the emirate and will screen for potential Covid-19 infections, providing immediate results and denying entry in case of a positive detection

Elias Aad mastercard

Why smart cities are important to the UAE

Making well-informed data-based decisions around development policy accelerates local business, drives trade, and enables job growth

Explainer: Is data the new oil in the GCC?

Technology has now become a key driver of economic growth in the GCC, with data already defining the region’s future, opines Maurits Tichelman, VP – Sales, Marketing, and Communications and GM – Global Markets and Partners, EMEA at Intel

Desert Control

Desert Control joins Dubai’s in5’s alumni network after raising Dhs85m in IPO

Desert Control is ready to launch its commercial rollout of liquid natural clay that turns deserts into fertile land

Shailesh Dash

How investing in big tech stocks can counter market volatility

Tech growth stocks continue to offer opportunities for investors due to their strong future potential, states entrepreneur and investor Shailesh Dash

Data server

How technology providers can address data centre cooling challenges

Advanced computational fluid dynamics software is increasingly deployed to predict the air speed and temperature field of UPS components, boards, and systems

Abu Dhabi Khalifa Port

Abu Dhabi Terminals partners with Microsoft for AI-enabled container tracking solutions

The new technology will ensure 100 per cent traceability of containers, as well as the potential to launch an autonomous vehicle system

Co-Founders Urban Company

Urban Company raises $255m in Series F funding round

Founded in November 2014, the company with operations in several countries including the UAE and Saudi Arabia is now valued at $2.1bn