The U.K. released a 10-year plan named the "National Artificial Intelligence Strategy" designed to increase and encourage the use of AI among the Kingdom's businesses and attract international investment. The plan comes also as a competitive move to try and keep up with the fast-growing AI scene in China and the U.S.
Across industries, the pandemic has enabled rapid adoption of technology and accelerated digital transformation. Companies are increasingly utilizing disruptive technology to generate value whether through increasing efficiency or improving customer experience. Which of the current digitalization trends will likely gain traction in the next few years?
A major property firm in the UAE is looking to invest in a multitude of data centers in Italy. The Dubai-based company DAMAC sees data centers as an area of interest within the country. Italy is gearing up to award a $1 billion cloud hub project by the of next year which is a sign of increase in data centers in the country.
Dubai's based Emirates NBD which is a leading banking group in the region has recorded 34 million contactless transactions in eight weeks as part of its 'Get Together. Go Contactless' campaign in partnership with VISA.
Etihad Airways has recently announced the launch of the next phase of digital transformation for its finance division which is in partnership with Microsoft AI to automate its bank reconciliation Process.
IBM (NYSE: IBM) today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue their work to develop digital-first solutions, ultimately broadening access to financial services on the continent.
PayPal has introduced an all-in-one, personalized app which provides customers with a single destination to easily and securely manage their daily financial lives and do more with their money. The app allows customers to access a variety of different services such as in-app shopping tools that will enable customers to earn rewards redeemable for cash back or PayPal shopping credit and uncover deals with hundreds of merchants in one app.
According to a new survey done by Visa, 73 percent of UAE consumers would not shop at a store that does not accept contactless payments (compared to 44 percent globally).
Netflix launches a free plan in Kenya that allows Kenyans to watch a set of Netflix shows for free without ads. The company is using this model only in Kenya out of all Africa and it is a move that will likely convert some free-plan users to convert to paying consumers.
The container transportation and maritime giant, based in Marseille, revealed in a security advisory that customers’ names, email addresses, phone numbers, and employment information have been leaked. It has not yet been confirmed how many individuals were affected by the incident, but CMA CGM said that its operations were not affected.
A new poll by MIT Technology Review Insights, in association with Palo Alto Networks, underscores the cybersecurity struggles countries in Europe, the Middle East, and Africa have with outdated software and tools. When the pandemic forced employers to support remote work, these infrastructure security shortfalls became all too apparent.
G42 Healthcare, a subsidiary of Abu Dhabi's artificial intelligence and cloud computing company Group 42, has launched a contract research Organisation that will specialize in healthcare research and therapeutics.
The U.K. Medicines and Healthcare products Regulatory Agency has developed an extensive work programme to inform regulatory changes including key reforms across the software as a medical device lifecycle, from qualification to classification, to requirements that apply pre and post-market.
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