Abu Dhabi Islamic Bank Egypt (ADIB) has announced an EGP 1 billion investment in technology and cybersecurity. The bank showcased its digital banking innovations and Islamic Sharia-compliant products at the Cairo ICT Exhibition. Subsidiaries like “Taka” and Arzaq also participated, highlighting advancements in consumer finance and microfinance.
e& Enterprise and Cloudera have formed a strategic partnership to accelerate digital transformation in the Middle East. By combining AI, data management, and industry expertise, the partnership aims to drive innovation, improve efficiency, and create scalable solutions for sectors such as telecom, healthcare, finance, and government.
Morocco has improved to 76th place in the 2024 Network Readiness Index (NRI), climbing one position from the previous year. The report highlights the role of digital public-private partnerships (DPPPs) in advancing global digital transformation and emphasizes the need for robust governance frameworks to drive sustainable progress in ICT.
Middle East retailers are enhancing email security to combat email fraud, with 90% now adopting DMARC records. 40% of top retailers have implemented the strictest ‘reject’ policy, safeguarding consumers from phishing attacks. As e-commerce grows, DMARC and AI are critical in protecting digital transactions and supporting the UAE’s cybersecurity efforts.
du has launched the du Innovation Center to accelerate 5G and AI-powered solutions, aiming to drive innovation across consumer and enterprise sectors. The center will explore new commercial applications in 5G advanced, AI, and immersive technologies, aligning with the UAE’s vision to lead in digital transformation.
Ezditek’s groundbreaking of its flagship data center RUH01 in Riyadh marks a significant step in Saudi Arabia’s digital transformation. The facility will have a capacity of 24MW and offer connectivity across the region. It will also host the Saudi Arabian Internet Exchange and feature advanced AI infrastructure in collaboration with Gcore.
As AI adoption grows, businesses must modernize their infrastructure with cloud-native technologies to meet increasing demands. Cloud-native solutions enable scalability, flexibility, and energy efficiency, supporting the vast computational needs of AI. This transformation is crucial for managing costs, ensuring performance, and fostering sustainability in the evolving AI landscape.
The Sharjah-Pakistan Business Roundtable gathered over 200 investors to explore investment opportunities across various sectors, including manufacturing, trade, and green-tech. The event aimed to strengthen economic ties between Sharjah and Pakistan, providing a platform for businesses to collaborate and expand within Sharjah’s thriving investment ecosystem.
Local manufacturing and assembly of mobile phones significantly increased, with 22.59 million units produced in the first nine months of 2024.
Tawal and 5SKYE join forces to deploy edge AI micro data centers, enabling the adoption of intelligent applications across various industries.
