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DIFC FinTech Hive, the financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, announced that it will host its annual flagship Investor Day event in the metaverse for the first time. 

One of the critical challenges of doing business in Africa is the lack of a reliable and efficient payment gateway infrastructure. This often leads to companies relying on cash-based transactions, which can be expensive and risky.

Saudi Arabia, which is implementing the third stage of the three-stage data-driven government or the National Strategy for Digital Transformation, is currently bringing all public services under a single digital platform as part of the Smart Government Strategy (2020-2024), which, once implemented, will deliver public services to citizens' fingertips via smartphones.

The global digital economy is in high gear, anticipating the return of the world's largest, most inclusive tech and start-up event, which will open next month in Dubai with unprecedented record capacity, fueling the installation of three additional sold-out halls at the Dubai World Trade Centre.

Dubai stands out as a leader in three waves. For starters, it has successfully attracted leading technology companies for many years with an aggressive corporate tax rate incentive capped at zero. Smaller tech firms followed suit with UAE operations.

Rackspace Technology®, a provider of end-to-end multicloud solutions, announced that it has been designated as a Qualified Security Assessor Company (QSAC) for the Payment Card Industry Data Security Standard (PCI DSS) in EMEA (referred to as Europe and CEMEA by the PCI SSC).

NextGenFDI seeks out businesses from around the world that are focused on applied technology in various sectors and provides them with the market entry fundamentals required to launch and scale from within the UAE. These firms employ highly skilled AI, gaming, data science, and software developers, coders, and consultants.

The forum had important industry stakeholders who are exploring the outlook of biotech innovation and research in the UAE. This is at par with the expansion of the healthcare sector as part of the Centennial 2071 project launched by the Cabinet of the United Arab Emirates. UAE even allocated 8.09% of its federal budget to healthcare and community protection.

Participating start-ups will be matched with suitable partners during the sprint, after which they will have the opportunity to pitch their business idea to senior stakeholders of leading financial partners in the Middle East.

Musafir.com, a Middle Eastern e-travel company, announced its participation in the 28th Arabian Travel Market exhibition.This ATM 2022, the travel company will demonstrate its AI-enabled travel platform for travel agencies to integrate a white-label turnkey solution to distribute hotel, rental, flights, transfers, visa, and vacation packages for both corporate and leisure travelers - providing a proper representation of Musafir's platform.