Checkout.com, a prominent global digital payments company, has announced the launch of Visa Direct’s Push-to-Card solution, becoming the first acquirer in the UAE to do so. This new service facilitates both cross-border and domestic transactions, enabling merchants and consumers to conduct real-time money transfers efficiently The Visa Direct platform connects over 190 markets and offers...
Dream Security, an Israeli cybersecurity startup, has reached a significant milestone by attaining a billion-dollar valuation. The company specializes in artificial intelligence solutions and has garnered support from an investor based in Abu Dhabi. Co-founded by former Austrian chancellor Sebastian Kurz, Dream Security is poised to make a notable impact in the cybersecurity landscape. The...
Abu Dhabi has taken a significant step in advancing autonomous mobility solutions with the successful live demonstration of the HEXA light sport passenger electric aircraft. This event was conducted by the Advanced Mobility Hub in partnership with LIFT Aircraft Middle East, showcasing the aircraft’s cutting-edge technology, safety features, and eco-friendly propulsion systems The HEXA aircraft...
The Arab Interior Ministers Council held a meeting where the primary focus was on enhancing security cooperation between the United Arab Emirates (UAE) and Kuwait. This meeting aimed at bolstering regional stability and addressing security challenges faced by both nations. According to WAM, during the discussions, various strategies were proposed to improve collaboration in security...
The Ministry of Health and Prevention (MOHAP) in Dubai has organized a forum focused on the ethics of artificial intelligence (AI) in the healthcare sector. This event aims to address the challenges and implications posed by the integration of AI technologies in medical practices and patient care. During the forum, experts and stakeholders gathered to...
The United Arab Emirates has signed 13 significant deals valued at Dh3.97 billion during the International Defence Exhibition (IDEX). Among these, nine local contracts amounted to Dh3.8 billion, while four international agreements totaled Dh143.4 million Notable local agreements include a contract worth Dh1.8 billion with Calidus Land Systems for the purchase of Multitasking MATV 4...
The food and beverage sector in the UAE is witnessing notable growth fueled by innovation and a focus on consumer preferences. Industry leaders have outlined a roadmap for future development, emphasizing the importance of adapting to changing market demands. Megat Iskandar, the Trade Commissioner of Malaysia to the UAE, mentioned that Malaysia is concentrating on...
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), addressed the necessity for emerging economies to adapt to the transformative effects of artificial intelligence (AI) during her speech at the AlUla Conference for Emerging Market Economies in Saudi Arabia. She emphasized that these economies must embrace AI to remain competitive and ensure sustainable...
The International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2025 commenced in Abu Dhabi today, taking place under the high patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This significant event showcases advancements in military and naval technology and aims to enhance collaboration among defense industries globally. The exhibitions are...
Generative AI is being recognized as both an opportunity and a challenge for business leaders in Qatar. According to Ahmed Ben Abdallah, Partner and Advisory Head of Digital and Innovation at KPMG in Qatar, the successful harnessing of generative AI’s potential will require strong ethical frameworks, investment in training, and the implementation of effective AI...