#Technology

Preparing for the future of work: Promoting creativity in the age of automation

Building creative capacity requires a community of entrepreneurs, creatives, visionaries, and coaches to help local talent bring their ideas to life

Mastercard, OPay partner to grow cashless ecosystem

OPay customers from countries such as Egypt, Nigeria, Ethiopia and the UAE will benefit from Mastercard’s virtual payment solution linked to their ewallet

dubai uae

Dubai wants metaverse to contribute $4bn to its economy by 2030

A new task force has been set up by the Dubai government to track the latest developments in the digital economy

Amazon university esports masters MENA region 2022 series

Abu Dhabi to host MENA’s first Amazon University Esports Masters Series

University teams from Saudi Arabia, UAE, Egypt and Morocco will participate in the esports event taking place in the UAE’s capital in July

Oracle research Morocco

Oracle opens new research and development lab in Morocco

New facility in Casablanca taps into African talent to create cloud solutions for Oracle customers worldwide

Anghami founders

Anghami reports revenue of $35.5m in 2021, paid subscribers rise to 1.4 million

Anghami reported its advertising revenues touched $9.8m, with the advertising gross margin growing from 38 per cent in 2020 to 53 per cent in 2021

Protecting cloud

Protecting data in the cloud: Whose responsibility is it?

Research from Veritas found that the usage of cloud collaboration tools has increased by 20 per cent since the start of the pandemic

Aveva

Aveva launches enhanced digital twin with wearable scanning

Aveva’s clients may now experience a complete digital twin within 60 days, even if there are no existing models

mobility

How SMEs can leverage opportunities within the on-demand mobility and contactless driving sectors

The e-hailing industry is expected to develop at a CAGR between 15 to 28 per cent, resulting in an increased market size of $285bn by 2030

MeetingVR

MeetinVR launches metaverse collaboration solution for businesses and education

Since 2016, the company has been developing a virtual reality platform for meetings, workshops, training, and education

Semiconductor Gartner

Worldwide semiconductor revenue to grow 13.6% in 2022: Gartner

The component supply constraints are expected to gradually ease through 2022

Detasad technology

Saudi’s Detasad unveils new technology at Satellite 2022 conference

Dynamic bandwidth optimisation technology is one of the four solutions patented by the infrastructure provider in 2022

Nokia Oracle

Nokia moves HR functions to Oracle Fusion Cloud HCM

The telecommunications group digitises HR systems on Oracle to support its global workforce

Apple’s Chart-Topping Run Gets a Boost From Retail Investors

Apple drops 22% from January peak as tech selloff continues

The stock is on track for a seventh straight weekly drop, which would represent its longest such streak since November 2018

EFG Amazon.eg

Amazon invests $10m in EFG Hermes, may convert to 4.255% stake in subsidiary valU

ValU has a current post-money valuation $235m

summer in the UAE

Asus lights up Burj Khalifa for The Pinnacle of Performance launch event

At the show, the brand announced its leading market position in two new segments

Emirates Huawei

ATM 2022: Emirates extends strategic partnership with Huawei

Both firms originally formed a strategic agreement in early 2020 by making the Emirates app available on Huawei’s AppGallery

Dr Alzarouni

Dr Marwan Alzarouni joins Everdome as official advisor

Dr Alzarouni is known for his work as the CEO of Dubai Blockchain Center and serves as the managing partner at innovation consultancy Accelliance

Digital dentistry - dental

Align Technology expands regional footprint into Oman

Orthodontists in Oman will now be able to receive Invisalign training in order to provide clear aligner therapy to their patients

Dubai SME leverages fintech to support start-ups in partnership with Beehive

BlackBerry partners with Midis Group to drive growth in Eastern Europe, the Middle East, and Africa

Midis Group will focus on driving growth for BlackBerry’s cybersecurity business unit

UAE ransomware

Over 59% of UAE organisations surveyed were hit by ransomware in 2021 – research

The average cost to recover from the most recent ransomware attack in 2021 was $1.26m

Okadoc

Okadoc appoints new chief executive officer for Saudi Arabia

Taher comes to Okadoc with over 15 years of experience in the industry

Multi-factor authentication

Multi-factor authentication to generate $27bn globally for mobile operators in 2022 – research

A Juniper Research study found that operators will generate this revenue from termination of SMS messages related to multi-factor authentication

Cloud end-user spending

Worldwide public cloud end-user spending to reach nearly $500bn in 2022: Gartner

In the Middle East and North Africa, end-user spending on public cloud will total $5.8bn in 2022, growing 18.8 per cent from 2021

Turtlemint

Insurtech platform Turtlemint, raises $120m in Series E funding

Through a digital solution, the platform assists financial advisers in matching consumers with products that is suited for their needs, reducing the difficulties of paperwork

Dennis Whitney

Insights: How remote proctoring aids online learning

The introduction of AI has made it possible for educators to closely monitor a candidate’s activities and also conduct exams online

Binance regulatory

Crypto exchange Binance gets French regulatory nod in European push

The regulatory nod will help boost the company’s ambitions in Europe and marks the exchange’s first major approval from a G-7 member nation

counterfeiting solutions - evoteq Jihad Tayara

How technology can curb counterfeiting

According to official World Health Organization figures, 1 per cent of medications accessible in developed countries are counterfeit

Thales RUAG

Thales acquires RUAG’s simulation and training business

This integration will help accelerate the move towards developing more environmentally efficient and digital training solutions for the military

Gucci

Gucci to start accepting crypto payments in select US stores

Gucci, owned by Kering SA, will initially accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Dogecoin and Shiba Inu