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July 26, 2021

LegalTech Start-up “Clara” Opens in Dubai Following Investment from DIFC FinTech Fund

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced that it has invested in UK-based legaltech start-up, Clara.

Clara’s innovative platform digitises and automates many of the legal tasks founders need to perform, including setting up companies in different jurisdictions.

The investment reflects the DIFC’s commitment to driving the automation and digitisation of legal services. The investment is by the DIFC FinTech Fund, a USD 100 million fund announced in 2017 to help establish, grow and upscale start-up and growth stage companies seeking access to MEASA [...]

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July 26, 2021

IFS acquires Customerville

Customerville to be integrated into the IFS Cloud proposition helping IFS customers increase engagement with their own customers, improve revenue and profitability, and drive product, service, and outcome innovation.  

IFS, the global cloud enterprise applications company, announces that it has acquired Customerville. Design-Driven Feedback™ technology provider, Customerville, is an award-winning feedback platform that elevates feedback and listening across the entire customer journey, blending technology, design, and behavioral science to emulate how people naturally share and respond to feedback.

The acquisition creates a uniquely strong proposition for IFS. [...]

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July 25, 2021

AVEVA Signs Up to Race to Zero the Largest Ever Alliance Committed to Achieving Net Zero Carbon Emissions by 2050

AVEVA Signs Up to Race to Zero the Largest Ever Alliance Committed to Achieving Net Zero Carbon Emissions by 2050

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announced that it has become the 47th company in the FTSE 100 to join the United Nation’s Race to Zero campaign.

“By joining the Race to Zero initiative and aligning to the highest level of ambition for climate targets under the Paris Agreement, AVEVA is leading by example on climate action. We are demonstrating our commitment to work across our entire value chain to help avoid global impacts from climate change. We are also pleased to be joining [...]

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July 25, 2021

Victoria Zagorsky joins an advisory board of Cryptocurrency World – Perspectives, Insights and Analysis

Insight Middle East and Africa is pleased to announce Victoria Zagorsky, the renowned digital currency expert, Bitcoin investor and crypto trader has joined an advisory board of Cryptocurrency World – Perspectives, Insights and Analysis.

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July 25, 2021

Insight Middle East and Africa launches Cryptocurrency World: Perspectives, Insights and Analysis

Insight Middle East and Africa is delighted to announce the launch of Cryptocurrency World: Perspectives, Insights and Analysis.

Sign up to join the community of the crypto enthusiasts and to stay updated on the latest developments.

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July 25, 2021

Mohammed bin Rashid issues Decree forming Emirati Human Resources Development Council in Dubai

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No. (27) of 2021 forming the ‘Emirati Human Resources Development Council in Dubai’. The Council, which includes representatives from the public and private sector, will oversee the implementation of policies, plans and initiatives aimed at enhancing the employment of Emiratis in the private sector.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, also issued Executive Council Resolution No. (21) of 2021 appointing the Chairman and Members of the [...]

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July 24, 2021

RTA uses artificial intelligence, high-tech to improve bus services

His Excellency Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed that RTA’s precautionary measures and initiatives applied to the scheduling and the operation of public buses, marine transit means and taxis had accelerated the recovery from the Covid-19 pandemic. He stated that such measures contributed to restoring the growth of public transport ridership to 70% of the pre-Covid-19 levels. They also contributed to reducing the number of kilometres travelled by 18%, improving bus on-time arrival by 6%, and cutting carbon emissions by 34 metric tons.

Advanced Algorithms

“In [...]

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July 23, 2021

Visa to Acquire Currencycloud

Visa  announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. The financial consideration will be reduced by the outstanding equity of Currencycloud that Visa already owns.

Currencycloud’s cloud-based platform offers a broad set of APIs enabling banks and financial services providers to offer currency exchange services, including real-time notifications on foreign [...]

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July 23, 2021

DEWA’s R&D Centre collaborates with Stanford University to develop advanced system for PV production

Using its Space-D programme, Dubai Electricity and Water Authority (DEWA) has collaborated with Stanford University to develop an advanced system to forecast PV panel production in the short term at the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world using the Independent Power Producer (IPP) model. It will have a planned capacity of 5,000MW by 2030.

The new system reduces errors in the forecast to less than 10%. This supports DEWA’s efforts to achieve the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai’s total power capacity from clean energy sources by 2050. The system uses modern technologies such as [...]

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July 22, 2021

Emirates takes off to Miami

Emirates has taken off to Miami, marking the airline’s first passenger flight to the coastal metropolis, its second point in Florida, and the airline’s first new destination launched since the pandemic. Emirates flight EK213 departed at 0310hrs local time this morning.

The new four times a week service to Miami takes Emirates’ US network to 12 destinations on over 10 flights a day. The airline is operating over 60% of its pre-pandemic capacity to the United States and continues to expand its presence in line with increasing passenger traffic. The new service to Miami will also serve as a gateway to Central and South America as well as the Caribbean Islands. In the other [...]

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July 21, 2021

Tickets to world’s most inclusive gathering now on sale with chance to win place at Expo 2020 Dubai’s Opening Ceremony

Tickets to Expo 2020 Dubai are now on sale, and among the plethora of reasons to book a season pass for the world’s biggest cultural gathering is a once-in-a-lifetime opportunity to be part of the historic, invite-only Opening Ceremony.

All UAE residents ages 18 and above who purchase an Expo 2020 Season Pass or Family Package before 14 August will be entered into a draw for the chance to win a prized place for themselves and a guest at the star-studded Opening Ceremony on 30 September 2021, with headline acts to be revealed soon. Fifty lucky winners will be announced first week of September via Expo 2020’s social-media channels, followed by a personal invitation to attend [...]

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July 18, 2021

Mimecast launches AI-enabled solution designed to help organizations protect against the most evasive and hard-to-detect email threats

Mimecast Limited, a leading email security and cyber resilience company, today announced the Mimecast CyberGraph™ solution, a new add-on for Mimecast Secure Email Gateway (SEG) that is engineered to use Artificial Intelligence (AI) to help detect sophisticated phishing and impersonation attacks.  CyberGraph creates an identity graph which is built to store information about relationships between all senders and recipients. The graph is designed to detect anomalies and leverages machine learning technology to help organizations stay one step ahead of threat actors by alerting employees to potential cyber threats.

“Phishing and impersonation attacks are getting more [...]

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July 18, 2021

Mining and Metals Companies Accelerate Focus on Sustainability

Schneider Electric’s EcoStruxure™ Platform Combined with AVEVA’s Digital Transformation Solutions Proven to Drive Industrial Sustainability Initiatives

Schneider Electric, the leader in the digital transformation of energy management and automation, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced today that their combined technology offerings are supporting the sustainability initiatives of mining companies in four key pillars: energy efficiency, yield improvement, low greenhouse emission technology adoption, and new green processes.  

Global decarbonization is heavily reliant on the sustainable [...]

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