Author: Akin Naphtal

A study commissioned by Amazon Web Services reveals that the United Arab Emirates (UAE) has the potential to generate an additional $181 billion in economic value over the next decade (2023-2033) by accelerating the adoption of cloud services. This amount accounts for approximately 2.5 percent of the UAE’s cumulative gross domestic product (GDP) during that period. Among countries in the Middle East and North Africa (MENA) region, the UAE stands out as the leader in driving economic growth through cloud adoption. The study indicates that a one percent increase in cloud adoption by UAE organizations translates to an average GDP…

Ericsson and Zain Group have entered into a memorandum of understanding (MoU) to collaborate on sustainability initiatives aimed at developing more energy-efficient networks. The partnership will focus on reducing the carbon footprint of both companies and supporting their transition to Net Zero. With a strong existing relationship, Ericsson and Zain Group will explore ways to minimize energy consumption and waste generation in Zain Group’s networks. Ericsson, drawing on its global expertise, will conduct workshop sessions to share knowledge on sustainable network practices. READ ALSO:India’s Tata Consulting Services to Provide Digital-First Administration for UK Teachers’ Pension Scheme stc Bahrain Commits to…

Tata Consulting Services (TCS), India’s largest IT service provider, has been chosen by the UK government to deliver digital-first administration and customer experience for the Teachers’ Pension Scheme in England and Wales. This scheme is the second largest public sector pension scheme in the UK, with more than 2 million members. As part of the partnership with the Department of Education, TCS will establish a service hub in Darlington to expand its presence in the UK. Under a ten-year contract awarded by the Department of Education, TCS will be responsible for managing various aspects of the scheme administration, including pension…

stc Bahrain, a leading digital enabler, has reaffirmed its dedication to consumer protection by signing a set of Undertakings with the Telecommunications Regulatory Authority (TRA). These Undertakings serve as a testament to stc Bahrain’s commitment to providing clear and understandable information, promoting billing transparency and accuracy, responsible promotion of services and products and maintaining high service quality standards. By entering into these Undertakings, stc Bahrain solidifies its position as a customer-centric organization that values transparency and places consumer protection at the forefront. The company’s focus on building trust and delivering exceptional customer experiences is exemplified through these commitments, which are…

Google has announced its compliance with Egyptian laws by imposing a 14% value-added tax (VAT) on its services in Egypt. According to a letter by Google on June 2nd, the multinational technology company will begin implementing the VAT starting July 1st. The move aligns with the Egyptian Ministry of Finance’s efforts to levy taxes on online services and platforms in recent years. To ensure compliance, Google has requested users of its services in Egypt to provide their tax identification number (TIN). This requirement allows Google to track and monitor users’ tax obligations as per local regulations. READ ALSO:OpenAI Website Close…

ChatGPT designer OpenAI’s website saw its traffic soar in March towards the coveted billion mark for unique monthly visitors, research by web trawler Veza Digital found. Throughout March, a total of 847 million users accessed OpenAI’s website, a month-on-month surge of just over 54% that brought Sam Altman’s flagship project into the world’s top 20 if one goes by online visitors. If, for some reason, anyone remained unconvinced that large-language models are officially a big deal and likely here to stay, the findings should silence the last of the naysayers. “This is indicative of a clear public interest in AI-powered…

Mastercard, the second-largest payment-processing corporation worldwide and NAPS, a leading Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses. The partnership consolidates the strong historical relationship between the two entities. NAPS is on a mission to expand the horizons of digital payments in Morocco. NAPS benefits from the 30+ years of expertise of M2M Group in software for electronic payments and biometric identity. As Mastercard’s partner, NAPS benefits from access to its extensive network, expertise and wide-ranging portfolio of products and services, powered by innovative and secure technologies. In line with NAPS’s long-term…

Boston Consulting Group (BCG) has ranked Xiaomi 29th on its 50 Most Innovative Companies of 2023 list, two places higher than last year. The designation is recognition that Xiaomi makes innovation a priority, commits investment and talent to it, and works to transform investment into results. In this year’s first quarter, Xiaomi’s research and development (R&D) expenses increased by 17.7% compared to the year before, reaching RMB4.1 billion. As of March 31, 2023, the number of R&D personnel reached approximately 16,500, which was more than 50% of Xiaomi’s employees. Xiaomi’s R&D efforts have yielded the company more than 32,000 patents…

Yellow Card, a leading pan-African fintech and cryptocurrency exchange, and Tether, the world’s largest stablecoin provider, are pleased to announce the successful completion of Phase 1 of their strategic collaboration across three key African markets. The two-month collaboration focused on raising awareness, providing education and driving adoption of USD₮, Tether’s stablecoin, among students and young professionals in Nigeria, Kenya and Ghana. Activities included Financial Literacy Tours in universities and a canvassing campaign which involved Yellow Cards Brand Ambassadors engaging with individuals across major cities in the three countries. Over 10,000 young people were reached – including students drawn from the…

Kaspersky, a Global Leader in Next Generation Cybersecurity Solutions and Services, researchers have uncovered an ongoing mobile Advanced Persistent Threat (APT) campaign targeting iOS devices with previously unknown malware. Dubbed as ‘Operation Triangulation’, the campaign distributes zero-click exploits via iMessage to run malware gaining complete control over the device and user data, with the final goal to hiddenly spy on users. Kaspersky experts have uncovered a new mobile APT campaign while monitoring the network traffic of its corporate Wi-Fi network using the Kaspersky Unified Monitoring and Analysis Platform (KUMA). Upon further analysis, company researchers discovered the threat actor has been…