SWIFT and Top Global Banks Working on blockchain-based Overhaul
Global financial messaging network SWIFT and more than 30 global banks announced on Monday they were now working “at pace” on making cross-border…
Category: TECHNOLOGY
TECHNOLOGY
UAE dominates Middle East space market with $18bn valuation
The UAE is expected to capture over 50% of the regional downstream market, dominated by satellite communications and Earth observation, which comprise nearly…
Kingdom of Morocco and UNDP launches a new facility to help accelerate digital transformation in the Arab States region and Africa
In a high-level event on the sidelines of the 80th United Nations General Assembly (UNGA-80), the Kingdom of Morocco launched its new Digital…
Hackers contact Harrods after 430,000 customer records IT breach
Luxury department store Harrods has been contacted by hackers after data relating to 430,000 customer records was stolen in an IT breach. Harrods…
Morocco’s strategic bet on rail infrastructure
Morocco’s preparations to co-host the upcoming 2030 FIFA World Cup, together with Spain and Portugal, are driving significant investment in transportation infrastructure within the country.…
Saudi Arabia Advances Vision 2030 with Manufacturing, Localisation, Economic Growth
As Saudi Arabia celebrated its 95th National Day on Tuesday, the Kingdom is showcasing rapid economic reforms designed to cement its role as…
Nvidia to invest $100bn in OpenAI
US tech giant Nvidia will invest up to $100bn (£73bn) in OpenAI, the firm behind ChatGPT, the companies have announced. Nvidia said it…
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres that support AI…
Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent…
Hybrid planes are coming
An aviation rarity touched down in the Norway’s second city of Bergen earlier this month. Alia had flown 100 miles (160km) in 55…