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Middle East

IDC guide predicts worldwide AI spending to reach $632 billion by 2028
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27 August, 2024

IDC guide predicts worldwide AI spending to reach $632 billion by 2028

The IDC notes in its guide that the meteoric rise of generative AI systems over the last 24 months will...
Zumo joins the Abu Dhabi Sustainable Finance Declaration
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21 August, 2024

Zumo joins the Abu Dhabi Sustainable Finance Declaration

Zumo has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing the platform's commitment to a greener financial services industry as...
Qatar exploring tokenization despite digital currency ban
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8 August, 2024

Qatar exploring tokenization despite digital currency ban

The Qatar Financial Centre launched the Digital Assets Labs and is now welcoming the first cohort of 20 participants who...
META region’s AI spending may climb to $7B by 2026: report
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15 July, 2024

META region’s AI spending may climb to $7B by 2026: report

Data released by the IDC shows that the projected AI spending of up to $7 billion would be driven by...
Middle East in strong position for AI innovation: report
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2 July, 2024

Middle East in strong position for AI innovation: report

The Middle East is positioning itself as a strong player in AI innovation, with the results of a Dell survey...
Dubai appoints 22 Chief AI Officers for government offices to streamline operations
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1 July, 2024

Dubai appoints 22 Chief AI Officers for government offices to streamline operations

The 22 newly appointed CAIOs will be deployed to different government agencies in Dubai, leading across several sectors, including health,...
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