Findings of a report titled ‘Role of Smart Cities for Economic Development’ estimate that the smart city concept has the potential to boost the economic development of global cities by over 5 percent and deliver at least USD 20 trillion in additional economic benefits by 2026. The numbers were released as discussions on the economic
Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest Islamic bank, reported a growth rate of 8 percent during 2015- 2018, with 8.9 percent increase in operating income and a 27 percent expansion in the number of mortgages in 2018. Additionally, its current accounts grew 6.6 percent in 2018 amid the rising
UAE businesses show a significant lead in both maturity and proactivity when it comes to the adoption of artificial intelligence solutions, according to a Microsoft report titled, ‘AI Pulse’. ‘AI Pulse’ is a Microsoft initiative designed to establish the attitudes and intentions of senior executives around the world towards artificial intelligence. The report is the
‘Building Digital Resilience for Digital Businesses’ was the highlight of Etisalat Digital’s keynote at the seventh edition of Gulf Information Security Expo and Conference (GISEC), the Middle East’s largest and most comprehensive cybersecurity event. Etisalat Digital showcased its digital security offerings and also conducted live demos of IoT hacks at the event. At GISEC 2019,
Pearson Middle East welcomed more than 60 professionals across the UAE, Saudi Arabia and Bahrain higher education sector with the aim to help them drive higher levels of digital literacy amongst their students. The full-day events recently hosted in the United Arab Emirates (UAE), Bahrain and the Kingdom of Saudi Arabia (KSA) offered educators the
A new online survey for Cirium reveals the impact of flight delays and cancelations and the need for better management of flight disruption, with more communication via proactive flight updates for affected passengers. A staggering 80% of those surveyed online said they would be likely to use an app which alerted their friends, family or
