#Technology

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

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

Oman’s sovereign wealth fund boosts assets to $41.5bn

The fund now manages over OMR16bn of assets in 40 countries and has achieved an annual average return of 10.3 per cent

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

Binance

How Binance and FTX sent shockwaves through the crypto world

Binance Holdings is now set to acquire FTX.com in what would be a radical consolidation of power in the crypto world

ToYou Geida partnership

ToYou joins forces with Saudi payments infrastructure giant, Geidea

The partnership will deliver next-level payment infrastructure, boosting customer experience and driving innovation for consumers, partners and merchants

Apple

Apple cuts outlook for iPhone shipments on China lockdowns

The company sees strong demand for the iPhone 14 models but the lockdowns mean customers will experience longer wait times to receive their new products

Swftbox

SoftConstruct opens NFT stores in Dubai

The stores will supply limited edition offers and other merchandise by the artists in Dubai Mall and Mall of the Emirates

Clones

How the use of clone cartridges negatively affects your printer’s fleet

What should be considered when choosing cartridges, and what is the advantage of choosing an original one over clones?

Abu Dhabi Airports Groupe ADP sign MoU

Abu Dhabi Airports, Groupe ADP ink MoU to explore advanced air mobility solutions

The French company will be supporting Abu Dhabi Airports in laying the ground for electric vertical take-off and landing aircraft to transport people and cargo

Hub71

Hub71, Yahsat partner to advance UAE’s mobile satellite capabilities

Hub71 startup, Mental VR, secures first contract resulting from new partnership to support Yahsat with remote learning

cybersecurity

Insights: Bridging the gaps in cybersecurity with cyber resilience

Organisations must internally promote cyber resilience, a crucial component of cybersecurity today

Direct device to satellite Ali Al Hashemi is the CEO of UAE’s satellite solutions provider, Yahsat Group

How direct satellite-to-device connectivity can transform the satcom sector

Direct satellite-to-device technology opens the door for satellite services to go mainstream and leverage mass-market equipment production

FOO

FOO, Network International partner to enhance digital experiences in the Middle East and Africa

The collaboration will deliver a comprehensive digital wallet solution designed to boost customer-centricity

virtua

How Virtua is poised to take a giant leap into the metaverse

The company has continued working on its digital collectables and items while developing virtual environments

Crypto

Top 5 gadgets crypto aficionados must own

Check out the roundup of crypto gadgets and accessories you should buy

Telcom

Telecom industry’s value creation blueprint for the future

Telcos are already speeding the digitisation journey with new products and solutions developed on their own or through public-private partnerships

nfts

NFTs are here to stay: Here are the top 3 use cases

NFTs are here to stay and its cutting-edge technology could change our lives and solve some of the biggest problems

Phygital fashion

Here’s what we can expect from phygital fashion

Brands are embracing phygital fashion to bring added value and create a better retail experience for customers