Business & Investments

EITC receives licenses from UAE Central Bank to offer fintech services

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EITC receives licenses from UAE Central Bank to offer fintech services

Recent licensing has positioned the company to strengthen its role in supporting fintech innovation and contributing to the development of a robust digital ecosystem in the UAE.

Dubai, UAE, 18 March, 2024: Emirates Integrated Telecommunications Company (EITC), today announced that it has received licenses from the Central Bank of the UAE to offer new digital financial services. This milestone positions EITC at the forefront of the evolving fintech landscape in the region and supports the UAE’s commitment to fostering innovation, competition, and financial inclusion by promoting a cashless society.

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Business & Investments

PwC Middle East announces strategic MoUs with key Saudi government

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PwC Middle East announces strategic MoUs with key Saudi government entities in commitment towards the Kingdom’s digital transformation at LEAP 2024

●PwC Middle East signed six strategic agreements with local entities at LEAP 2024, including Ahad, Digital Government Authority, Ejada, Mobily, Saudi Data and Artificial Intelligence Authority, and Tawuniya (in partnership with Oracle) to drive innovation across the Kingdom

● As ‘Digital Consulting Partner’ for the third year, PwC Middle East explored the role of human-led, tech-powered solutions across various themes, including AI, cybersecurity, cloud transformation , space innovation, digital cultural and heritage regeneration, climate tech, amongst others

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Technologies

Yahsat and its Mobility Arm “Thuraya” Gearing up for Active Participation at Satellite 2024

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Yahsat and its Mobility Arm “Thuraya” Gearing up for Active Participation at Satellite 2024

Companies to showcase cutting-edge spacetech solutions and update on latest developments and prospects through participation in three panel discussions

Abu Dhabi, UAE, 13 March 2024: Al Yah Satellite Communications Company (ADX: YAHSAT), the UAE’s flagship satellite solutions provider, and its mobile satellite services arm, Thuraya Telecommunications Company, are set to showcase a wide range of innovative next-generation satellite communications solutions during Satellite 2024.

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Travel & Tourism

Visa-free countries for UAE residents looking to book last-minute getaways this spring term break

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Visa-free countries for UAE residents looking to book last-minute getaways this spring term break

Dubai, UAE, 13 March 2024 – As UAE schools gear up for the upcoming spring term break starting from 25 March, residents are planning for their well-deserved getaways, ready to embark on new adventures and explore the world. Global travel marketplace, Skyscanner recommends these visa-free travel destinations for UAE residents this spring term break.

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Business & Investments

Dubai CommerCity records unprecedented growth in its digital trade operations throughout 2023

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Dubai CommerCity records unprecedented growth in its digital trade operations throughout 2023

  • A 158% surge in completed orders through its digital trade platform.
  • A 56% increase in the volume of goods handled via its online portal, DCC Way.
  • A 92% growth rate in freight shipments from distribution centres.
  • Abdulrahman Shahin, ‘The expansion of Dubai CommerCity’s operations underscores Dubai’s status as a global hub for the digital economy.’
Continue reading Dubai CommerCity records unprecedented growth in its digital trade operations throughout 2023 →