Author: Akin Naphtal

Abu Dhabi’s Integrated Transport Centre (ITC) has entered into two agreements with Google, underscoring the United Arab Emirates’ commitment to advancing AI research and sustainability. The announcements were made during an event at the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), where the ITC unveiled two groundbreaking initiatives. One of the initiatives, named Project Green Light, employs AI techniques to collect and analyze traffic data at intersections. By leveraging this analytical system, the ITC aims to enhance the efficiency of traffic lights, alleviating traffic congestion and reducing CO2 emissions across the emirate. READ ALSO:Nvidia’s AI Potential Ignites Investor Excitement…

Nvidia Corp, the chip designer, witnessed a significant surge in its shares, rising approximately 28% after its stellar outlook revealed the untapped potential of artificial intelligence (AI) in the company’s future. The stock rally, which has already doubled Nvidia’s value in 2023, prompted analysts to reassess their price targets and led to a broader rally in the chip sector and AI-focused firms. READ ALSO:Altair Partners with Redington to Expand its Reach in the Middle East and Africa Neuralink Receives FDA Approval to Test Brain Implants in Humans Dubai Emerges as a Leading Hub for Crypto and NFT Businesses in the…

Altair, a global leader in computational science and artificial intelligence (AI), has announced a partnership with Redington, an integrated technology solutions provider. Redington will join Altair’s channel partner network and serve as a channel partner for the Middle East and African regions, delivering Altair’s portfolio of data analytics and simulation solutions. By joining forces with Redington, Altair aims to tap into the Middle East and Africa market, which is known for its openness to adopting advanced technologies. The collaboration will enable customers in the region to leverage Altair’s cutting-edge solutions and benefit from Redington’s extensive market expertise. READ ALSO:Neuralink Receives…

Elon Musk’s start-up, Neuralink, has announced that it has obtained approval from US regulators to conduct tests of its brain implants in human subjects. The approval from the US Food and Drug Administration (FDA) marks a significant milestone for Neuralink’s technology, which aims to establish a direct interface between the human brain and computers. In a tweet, Neuralink expressed excitement about receiving FDA clearance for its first in-human clinical study, regarding it as an important initial step. However, the start-up has not yet opened recruitment for the clinical trial. READ ALSO:Dubai Emerges as a Leading Hub for Crypto and NFT…

Dubai, a prominent financial center in the Middle East, has positioned itself as a thriving hub for blockchain technology and cryptocurrency businesses. The city has gained recognition for its progressive approach to exploring blockchain and has even introduced its own blockchain-based payment system called emCash. Entrepreneurs looking to venture into the exciting world of crypto and NFTs can find an ideal base in Dubai. The emirate offers a strategic location, a favorable regulatory environment and a dynamic economy, making it an attractive destination for launching crypto and NFT businesses. READ ALSO:PayerMax Showcases Cutting-Edge Digital Payment Solutions at Seamless Middle East…

PayerMax, a leading digital payment solutions provider, successfully participated as a gold sponsor at Seamless Middle East 2023, held on 23-24 May. The company seized the opportunity to exhibit its innovative payment solutions and share industry expertise with peers in the region. Essay Zhu, Chief Operating Officer at PayerMax, delivered a keynote address at the event, focusing on the role of digital payments in shaping a cashless society in the MENA region. READ ALSO:Renault Trucks and Al Masaood Launch the First Fully Electric Waste Truck in the UAE The ENTERTAINER Partners with Spades for Seamless Voucher Redemption and Payment Experience…

Renault Trucks Middle East and Al Masaood, in collaboration with Tadweer, have introduced the first 100% electric waste truck in the United Arab Emirates (UAE), marking a significant step towards the country’s net-zero goals and sustainability agendas. This milestone also represents the first fully electric heavy truck launched in the Middle East. The inaugural Renault electric truck will be utilized by Tadweer, the sole waste management authority in Abu Dhabi, for household waste collection in the emirate. Manufactured by Renault Trucks under the dealership of Al Masaood, the truck’s deployment follows the signing of a memorandum of understanding (MoU) between…

The ENTERTAINER, a global provider of entertainment offers and discounts, is thrilled to announce its partnership with Spades, a cutting-edge dine-in payment solution. This collaboration aims to transform the way ENTERTAINER members redeem vouchers and settle their dining bills, offering a seamless and convenient experience. Known for its exceptional savings and exclusive offers, the ENTERTAINER app has become a popular choice for individuals seeking memorable dining experiences through its extensive network of partner restaurants. With the integration of Spades, ENTERTAINER members can now take their dining experience to the next level. READ ALSO:Yango Deli Tech to Showcase Retail Technologies at…

The second-largest payments network, Mastercard has partnered with Cyber Security Authority (CSA) to host its first-ever Fraud and Cyber Security Forum in Ghana. The event brings together key players in the ecosystem, including financial institutions, regulators, and fintech, to examine the latest fraud trends and address crucial aspects of cybersecurity in Ghana. With the increased adoption of digital services, new payment flows, and connected supply chains, cyber risk is one of the top risks faced by organisations currently. It is essential that this risk is well understood and managed by organizations to protect themselves and their customers. The threat of…

Blockchain payments company, Centbee has formed a strategic partnership with nChain, a world leader in Web3 and Blockchain technologies to strengthen its blockchain payments technology offerings. The partnership will supplement Centbee’s technical team with nChain’s specialist software development team who are experts in the BSV blockchain and other services. The agreement will significantly strengthen Centbee’s technical skills, leveraging its deep experience in BSV blockchain technology. Lorien Gamaroff, CEO of Centbee said “We are very pleased to be collaborating with another leading BSV company to build the future of digital payments. The software development team will focus on building blockchain technical…