Klumi Ventures and Fuze have partnered to bridge traditional finance with digital assets in the UAE. This collaboration aims to accelerate Web3 adoption by enhancing cross-border payments, offering educational initiatives, and developing new digital asset solutions. The partnership aligns with Abu Dhabi’s Vision 2030 and is set to transform the region’s financial landscape.
Abu Dhabi’s Marlan Space has partnered with Loft Orbital to launch Orbitworks, the Middle East’s first private space infrastructure company. Orbitworks will produce LEO satellite constellations, with plans to launch the first platform by 2026, marking a significant milestone in the UAE’s space industry.
The UAE’s launch of the Foresight-1 SAR satellite marks a major step in its global space leadership. Bayanat and Yahsat’s collaboration on this project strengthens the UAE’s space capabilities, enhances geospatial solutions, and supports the National Space Strategy 2030. The upcoming merger will establish “Space42” as a key player in the global space sector.
Hewlett Packard Enterprise (HPE) has launched Wi-Fi 7 access points in the UAE, offering 30% more capacity and enhanced security for enterprise applications. Announced at HPE Discover Dubai, these APs support AI, IoT, and more, while HPE’s Digital Life Garage showcases their transformative impact on technology and society.
The ‘Digital Sharjah’ platform, launched by the Sharjah Digital Department in 2021, has processed over 952,000 transactions and attracted 95,000 users. The platform offers more than 60 services, demonstrating significant growth in user engagement and downloads. It continues to advance digital transformation in Sharjah, providing seamless, secure access to various services.
RakBank has partnered with Bitpanda Technology Solutions to launch a platform allowing UAE residents to manage digital assets efficiently. Pending regulatory approval, this collaboration aims to transform the UAE’s digital financial landscape, providing RakBank customers with access to a wide range of digital assets and fostering sector growth.
Bayanat and Yahsat have successfully launched their first LEO SAR satellite, developed in collaboration with ICEYE. This satellite, part of a larger SAR constellation, will enhance geospatial monitoring across the Middle East, offering near real-time imaging for disaster management, maritime surveillance, and smart mobility, underpinning the upcoming merger into Space42.
The ‘Digital Sharjah’ platform, launched in 2021 by the Sharjah Digital Department, has processed over 952,000 transactions and attracted more than 95,000 users. It offers over 60 digital services and has seen significant growth in user engagement and downloads, demonstrating its impact on digital transformation in Sharjah.
Du, also known as Emirates Integrated Telecommunications Company (EITC), has received licences from the UAE Central Bank to offer digital financial services. This move positions Du at the forefront of the fintech sector, supporting the UAE’s vision for innovation and financial inclusion, and enabling the company to provide secure, customer-centric financial solutions.
The UAE’s Telecommunications and Digital Government Regulatory Authority has launched the ICT Regulatory Sandbox to test new tech products and services. This initiative allows for a controlled environment to assess impacts before market release, fostering innovation and enhancing legal frameworks to support rapid technological advancements.
