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August 4, 2022

How cryptocurrencies and digital wallets work

According to MarketsandMarkets, the market size for cryptocurrencies is projected to increase from USD 1.6 billion in 2021 to USD 2.2 billion in 2026, at a CAGR of 7.1%. Transparency, distributed ledger technology, and raised venture capital expenditures are some primary reasons driving industry expansion. With cryptocurrencies gaining popularity, it is essential to understand what they are and how to use and store them to invest in any of these blockchain-based coins.

by News Desk | 4 min read
August 4, 2022

Global cyberattacks increase by 42% with ransomware the top threat

Check Point® Software Technologies Ltd., has released its 'Cyber Attack Trends: 2022 Mid-Year Report,' which highlights how cyberattacks have become firmly entrenched as a state-level weapon, including the new ransomware method of 'Country Extortion.
by News Desk | 2 min read
August 3, 2022

Cloud adoption challenges: data sovereignty and expertise gaps

Cloud adoption and AI were topics of discussion in a conversation with Talal Al Kaissi, CEO of G42 Cloud, a provider of AI-optimized cloud infrastructure. To read the complete interview with a technology and AI expert
by News Desk | 3 min read
August 2, 2022

What’s new at GITEX in 2022?

One of the world's most influential technology industry events is set to take place this year in Dubai from Monday, 10 October to Friday, 14 October. Taking place every year, the event brings together thought leaders, creators, innovators, and makers
by News Desk | 2 min read
July 29, 2022

Ministry of Energy and Infrastructure to reinforce maritime collaboration with Egypt

The UAE Ministry of Energy and Infrastructure met with Egypt's Ministry of Transport on the sidelines of the Arab Academy for Science, Technology, and Maritime Transport's General Assembly, The two parties discussed proposed development projects and plans that will benefit the maritime economy and increase investment opportunities in a variety of critical areas, such as developing ports and logistics services through scientific research and Artificial Intelligence.
by News Desk | 3 min read
July 29, 2022

Headed for the Metaverse: CBI joins the virtual world

CBI is among one the early adapter bank in the middle east region to establish a virtual Metaverse presence in Decentraland, a notable blockchain-based world. Decentraland also hosts Warba bank, a Kuwait-based Islamic bank. Warba also has a site in the sandbox showing a strong footing in the metaverse.
by News Desk | 2 min read
July 27, 2022

Dubai reaffirms its desire to become the hub of global digital economy

‘Today, we established the Higher Committee for Future Technology and Digital Economy in Dubai to consolidate Dubai’s status as a global digital economy hub. Dubai’s digital transformation drive was initiated by @HHShkMohd in 1999.
by | 2 min read
July 21, 2022

Metaverse leadership is Dubai’s goal

Dubai is investing heavily in metaverse and announced its ‘Dubai Metaverse Strategy’ to make the metaverse sector contribute more towards national economy.
by News Desk | 3 min read
July 20, 2022

ZorroSign announces its next-generation solution plans

ZorroSign, provider of blockchain-based digital signature solutions announced gradual plans to launch its next-generation platform for subscribers in the UAE and around the world beginning on August 15, 2022, upgrades to user experience and interface,
by News Desk | 2 min read
July 19, 2022

Nvidia joins the list of brands favored by fraudsters

Scammers frequently use the guise of well-known companies to reach out to a specific community. The attackers in a new malicious activity discovered by Kaspersky experts were hidden behind the technology company Nvidia.
by | 2 min read