Last month, Binance secured a $2billion investment from MGX, the new technology investment company created by United Arab Emirates (UAE) sovereign wealth fund Mubadala Investment and AI firm G42. Mubadala, one of the most active sovereign wealth funds in the Middle East, manages around $230billion in assets under management. For at least the last 15 years, it has been diversifying away […]
Category: TECHNOLOGY
GCC’s Food Future: Smarter, Fresher, and Independent
Every year, the GCC countries imports nearly 85% of its food*. At the same time, retail food waste in the GCC is notably 38% higher than the global average*. A tomato from Europe spends weeks in transit before reaching Qatar. One broken cold chain link? Spoiled. A supermarket may discard perfectly edible food because it “looks old.” A restaurant […]
AI in the Gulf Region: Prospects and Security Challenges
Lev Matveev, Founder of SearchInform, discusses the advancement of artificial intelligence in Gulf countries, the significant security risks associated with this technology and explores strategies to mitigate these risks. It’s not a secret that countries of the Gulf region are heavily investing in innovations and information technologies. AI swiftly became one of the most successful […]
Founder Spotlight: Daniel Hungerford, EverFriends.ai
Daniel Hungerford started his first business right out of college at 22. Dan has had the opportunity to start businesses for himself and help others grow them for most of his adult life. Dan is a John Maxwell Trained Speaker and Corporate Trainer. He has been COO and Sales Manager for companies in the Nutrition, […]
Company Spotlight: Hassan Ahmed, CTO at Respond.io
Tell us about yourselves and how you met your co-founders I come from a remote frontier region of Pakistan, belonging to the Pashtun ethnic group, where I developed a passion for technology at an early age. At 13, I taught myself C and web programming, and within a few years, I was freelancing in building […]
The Future of Identity Management: Trends in Biometrics and AI
Let’s face it, identity management doesn’t sound like the most exciting thing in the world, but it’s getting a serious upgrade with biometrics and AI. These two technologies are changing the game, making it easier (and safer) to prove who you are. No more wrestling with passwords or worrying about hackers sneaking into your accounts. […]
How AI is Revolutionizing SMEs in the MENA Region: Insights from PLATMA
Small and medium-sized enterprises (SMEs) are making a significant contribution to the MENA region. Studies show that formal SMEs contribute up to 45% of employment and 33% of GDP in developing countries. Among them, MSMEs have a very high share of private sector employment in the Middle East and North Africa (MENA). According to official […]
Reimagining Education with Artificial Intelligence
The fusion of artificial intelligence (AI) with traditional instructional design will revolutionize how educators create engaging learning experiences. This integration not only personalizes education but also enhances efficiency, catering to diverse learner needs. Strategies for Integrating AI in Instructional Design The transformative potential of Artificial Intelligence (AI) in instructional design is reshaping how educators and […]
The Future of Fintech in the Middle East: Mobile Wallets Reshaping the Financial Landscape
The fintech industry in the Middle East is experiencing unprecedented growth, driven by a surge in digital innovation and shifting consumer behaviors. As we project into the next five years, mobile wallets are set to play a pivotal role in transforming financial transactions, offering an alternative to traditional payment methods like credit cards. This article […]
AI Enablement for Corporate Success: Building AI Literacy Across Functions for a Competitive Edge
Artificial intelligence has shifted from a futuristic concept to a pivotal tool for maintaining competitiveness in modern business. Its ability to automate tasks and provide predictive insights holds the potential to revolutionize corporate functions. However, many organizations face challenges in effectively leveraging AI due to workforce unfamiliarity. I’ve experienced this first-hand. And I’ve overcome it. […]