MENA

MENA region’s GDP to rise to 2.2 percent in 2024 amid rising economic, political uncertainty: World Bank

Growth in GCC countries is projected to rise from 0.5 percent in 2023 to 1.9 percent in 2024

ADQ, Bank Audi sign definitive agreement to acquire 96 percent of Odea Bank

This move would accelerate Odeabank’s growth and drive tech advancements in financial services

Gitex Global 2024: Presight launches Datahub to empower organizations in unlocking data value

The cloud-native platform helps public and private organizations transform data into a growth catalyst

Gitex Global 2024: Digital Dubai, Microsoft UAE partner to drive innovation and enhance AI skills across government entities

The deal will equip government employees with the necessary technologies and knowledge for achieving Dubai's objectives

Gitex Global 2024: FTA, Dubai Land Department to enhance tax compliance for real estate, commercial land sales

The initiative seeks to streamline tax compliance by collecting VAT on real estate and land transactions

Gitex Global 2024: Collaboration between Ericsson, e& UAE unlocks 5G capabilities for app developers

The partnership will enable third-party developers to create services on the 5G Standalone (SA) network, enhancing user experiences and monetization

Gitex Global 2024: 7X adds EtihadWE to whitelisted companies on ‘Wayn’ platform

The 'Wayn' platform ensures secure messaging for EtihadWE’s clients while protecting their data

Middle East sustainable bond issuances hit $16.7 billion in first nine months of 2024: S&P

Total volume of sustainable sukuk globally reached $7.1 billion in the first nine months of 2024, down 11 percent year-on-year

Expand North Star 2024 draws 65 unicorns valued at $400 billion

CEOs of unicorns noted that Dubai is an ideal gateway for launching global digital initiatives

Gitex Global 2024: e& UAE, UiPath launch RPA as managed service to accelerate digital transformation in UAE

By merging RPA with AI, they enable companies to optimize their operations, minimize manual errors, and enhance overall efficiency

Gitex Global 2024: DGE Abu Dhabi launches TAMM 3.0 AI unified app offering 800+ seamless services

Personalized and highly intuitive, the platform is designed to meet the evolving needs of citizens, residents, visitors and investors 

Gitex Global 2024: DCD Abu Dhabi launches Bayanat community platform to streamline reporting, enhance decision-making

The platform seeks to foster collaboration and measure social impact across the emirate

Gitex Global 2024: ADJD highlights future of judicial services through innovative technologies, customer-centric solutions

The department seeks to familiarize visitors with its groundbreaking judicial and notarial service

Gitex Global 2024: EtihadWE completes installation of smart meters, full integration expected by end of 2025

These smart meters, which monitor electricity and water, are a key step in providing advanced customer services

Oil prices recover modestly amid Middle East stability concerns, weak demand

Brent crude futures for December delivery rose zero point four percent to $74.55 per barrel

Huawei Cloud summit UAE 2024: Leap into Intelligence with a Better Cloud across Middle East

The summit underscores Huawei Cloud’s commitment to boosting digital economy in the region

Abu Dhabi’s Masdar, Presight forge partnership to create AI-driven asset management tool

Masdar aims to digitize its global operations, transitioning from a reactive to a predictive model

UAE Stands with Lebanon campaign raises over $29.9 million in first week

The UAE pledged $100 million in aid and $30 million for Lebanese refugees in Syria

AWS and e& sign $1 billion agreement to enhance cloud solutions, support AI for digital transformation

The focus will be on cloud services like storage, computing, networking, cybersecurity, and AI/ML advancements

RAK Properties collaborates with Commercial Bank of Dubai on $544.5 million financing agreement

The funding will support RAK Properties' projects, including luxury hotels and residential communities in Mina Al Arab

Expand North Star 2024: Dubai Chamber of Digital Economy highlights emirate’s business environment advantages

The emirate is fostering digital companies, boosting its reputation as a global digital economy capital

Gitex Global 2024: Khalifa Fund launches AI platform to enhance operational efficiency, transform public services

The platform aims to improve government solutions for better service delivery and adaptability

Saudi Arabia, Egypt ink maritime connectivity agreement to enhance passenger transport and expertise exchange

The collaboration areas include yacht and marine passenger transport, plus passenger ferries