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Middle East

93% of firms in Saudi have advanced strategies for AI integration: Cisco
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4 March, 2024

93% of firms in Saudi have advanced strategies for AI integration: Cisco

The recent Cisco survey reveals that while 93% of companies in Saudi Arabia have advanced strategies for AI integration, only...
Saudi Arabia marks founding day with ‘Cultural Universe’ metaverse
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2 March, 2024

Saudi Arabia marks founding day with ‘Cultural Universe’ metaverse

The Cultural Universe metaverse platform provides users with information about key events in Saudi Arabia's history by simply approaching landmarks...
Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors
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17 February, 2024

Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors

Bridgewater Middle East will operate as a conduit for United Arab Emirates-based enterprises seeking to pivot into digital currencies and...
UAE’s blockchain ambitions will improve trade finance for SMEs
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16 February, 2024

UAE’s blockchain ambitions will improve trade finance for SMEs

Currently, SMEs in the United Arab Emirates face a challenging task in securing trade finance, underscored by several issues like...
AI innovation in the Middle East can match EU, North America, analysts say
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7 February, 2024

AI innovation in the Middle East can match EU, North America, analysts say

While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader"...
UAE records first digital dirham transaction via mBridge CBDC
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4 February, 2024

UAE records first digital dirham transaction via mBridge CBDC

The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China at the...
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