Abu Dhabi Launches FIDA Cluster to Drive Next-Generation FinTech, Digital Assets and Insurance Growth

Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster to accelerate growth in next-generation financial services. Approved by Sheikh Khaled bin Mohamed bin Zayed and unveiled at Abu Dhabi Finance Week 2025, the initiative is projected to add AED56 billion to GDP by 2045, create 8,000 jobs, and attract AED17 billion in investment. The cluster will strengthen digital assets, fintech, insurance, ESG finance, and alternative investments while reinforcing Abu Dhabi’s position as a global financial innovation hub.

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President stresses faster rollout of telecom towers, SLUDI and NIC issuance

Sri Lankan President Anura Kumara Dissanayake has urged faster progress on key digital infrastructure projects, including telecom tower rollout, SLUDI, and NIC issuance. Reviewing the work of TRCSL, DRP, and GovTech, he emphasised eliminating delays, scaling infrastructure, and strengthening governance as essential pillars for the 2026 Budget’s digital economy objectives and long-term transformation goals.

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Etihad Salam Telecom and Cloud Solutions Partner to Revolutionize Digital Healthcare in Saudi Arabia

Etihad Salam Telecom and Cloud Solutions have partnered to revolutionize digital healthcare in Saudi Arabia. By combining telecommunications infrastructure and cloud technology, the collaboration aims to improve healthcare accessibility, efficiency, and patient outcomes. This initiative aligns with Saudi Vision 2030’s digital transformation goals for healthcare.

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Saudi Arabia’s Cashless Journey Accelerates: Digital Payments Now Reach 80% Milestone

Saudi Arabia’s shift toward a cashless economy is accelerating, with 67% of consumers now relying mainly on digital payments. Visa reports declining cash use across everyday purchases as mobile and card payments gain ground. Coordinated efforts under Vision 2030 are driving safer, faster, and more convenient payment experiences nationwide.

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