e& UAE has launched a revolutionary Fibre-to-the-Room (FTTR) solution, delivering high-speed internet directly to each room in homes. This innovative service addresses Wi-Fi coverage issues in large residential spaces, ensuring seamless connectivity for smart homes, gamers, and tech users. It represents a significant step towards a digitally empowered future.
The National Bank of Fujairah (NBF) has partnered with Intellect Global Transaction Banking (iGTB) to enhance its digital banking capabilities through cloud-managed services. This collaboration, featuring the eMACH.ai Digital Transaction Banking solution, marks a significant advancement in the UAE’s digital transaction banking landscape, enabling NBF to offer innovative, cloud-powered services to its clients.
Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has published over 300 AI research papers in 2024, including significant contributions to global conferences. In just five years, MBZUAI has become a top 20 global leader in AI, with standout research in gene-sequencing, machine learning, and vision transformers enhancing its reputation.
du has launched educational initiatives, including a Robotics Workshop and the “Skillpreneurship” program, to enhance technological skills and innovation among the youth in the UAE. These programs, organized by the du Youth Council, aim to empower young people through hands-on learning and entrepreneurial opportunities, aligning with du’s commitment to digital transformation and youth empowerment.
Kuwait has launched securities-based crowdfunding platforms to diversify financing for small projects through licensed digital platforms. This initiative, led by the Capital Markets Authority, marks a significant step in advancing Kuwait’s financial markets, promoting fairness, competitiveness, and transparency, and supporting the country’s digital infrastructure and entrepreneurial growth.
Arab Financial Services (AFS) and Samsung Gulf Electronics have launched Samsung Pay in Oman, marking a key step in the country’s digital transformation. This partnership combines AFS’s expertise in digital payments with Samsung’s technology, offering Omani consumers secure, convenient contactless payments and supporting Oman’s financial ecosystem and regulatory goals.
Qatar’s computing sector is set to generate $65.5 million in revenue in 2024, with a projected growth to $82.92 million by 2029. The country is advancing digital innovation and transformation, driving demand for digital skills in cybersecurity, cloud computing, and software development. Google Cloud’s presence further supports this growth trajectory.
Oman’s postpaid mobile subscriptions rose by 9% in the first half of 2024, reaching 1.89 million, while prepaid subscriptions dropped by 4.5%. Fixed internet subscriptions grew by 6.5%, but fixed-line subscriptions declined by 21.7%. Muscat led in fixed analogue lines, despite a 71.1% drop in this category.
Maroc Telecom invested 3.2 billion dirhams in the first half of 2024, marking a 9.8% increase from the previous year. The investment fueled a 5.1% rise in subscribers to 78.4 million. Despite a slight dip in revenue and EBITDA, the group’s adjusted net income grew by 0.3% to 2.94 billion dirhams.
Khalifa University’s RIC2D, through Intratomics, has partnered with LOLC Advanced Technologies Australia to develop and produce graphene-related products. The collaboration includes establishing a state-of-the-art production facility in Abu Dhabi, focusing on sustainable materials and supporting the UAE’s economic diversification through advanced materials like Graphene Oxide and Graphite derivatives.
