Author: Akin Naphtal

Dubai is rapidly becoming the center of technological innovation and it is on its way to becoming the Silicon Valley of the Middle East. To capitalize on this trend, Suffescom Solutions Inc., the top blockchain development company, has recently announced the opening of its new office in Dubai. With over 13 years of experience in the IT industry and serving more than 1500 global clients, Suffescom has established itself as the leading blockchain development company in Dubai. Mr. Gurpreet Singh Walia, Managing Director of Suffescom Solutions Inc., expressed his excitement about the opening of the new office, stating that “it…

Mashreq, a top financial institution in the MENA region, has announced the successful launch of its NEOBiz Connect API integration with strategic partner Virtuzone. This new integration allows free zone or trade license authorities to submit a full NEOBiz account application from their own platform, enabling a one-click SME account opening, subject to approval, for the first time in the region. Virtuzone customers can now open a bank account through API integration, which simplifies, speeds up and smoothens the process. Fernando Morillo, Group Head of Retail Banking at Mashreq, said, “APIs play a key role in transforming the global digital…

The Kenyan and Korean Governments have launched four Economic Innovation Partnership Program (EIPP) projects aimed at fast tracking the development of the Konza Technopolis project. The projects include the Intelligent Transport System (ITS) and Integrated Control Centre, Establishment of a Startup Ecosystem at Konza Technopolis, Development of Smart Logistics in Konza and the development of the Konza-Nairobi Corridor Transport Network. The launch follows the successful implementation of the first EIPP projects in March 2022. These projects included the Development of the Smart City Master Plan, Feasibility Study on the Integrated Control Centre and Establishment of a transportation network and smart…

General Motors (GM) is reportedly exploring the use of OpenAI’s ChatGPT to power virtual assistants in its vehicles, as part of a collaboration with Microsoft. Semafor reported last week that GM was using Microsoft’s Azure cloud service, which includes a ChatGPT API, to develop a virtual personal assistant. GM Vice President Scott Miller said in an interview that “ChatGPT is going to be in everything”. He suggested the chatbot could be used to provide drivers with information about their vehicle’s features, such as advising on what action to take when a diagnostic light appears on the dashboard or instructing on…

Bahrain is set to begin issuing its new e-Passports on March 20, as part of the country’s digital transformation efforts. The announcement was made by Sheikh Hisham bin Abdulrahman Al Khalifa, the Undersecretary for Nationality, Passports and Residence Affairs, at a press conference. According to Sheikh Hisham, the e-Passports will first be issued to those whose passports have expired or are near their expiry date. He added that the new passport design contains modern security technologies that have never been used before. READ ALSO:Banque Misr and Mastercard Sign Agreement to Boost Digital Payment Services in Egypt Ericsson’s Interference Sensing Software…

Banque Misr, one of Egypt’s leading banks, has signed a long-term agreement with Mastercard to provide customers with the latest digital payment technology. According to a press release, the deal will allow Banque Misr to offer new products, services and innovative solutions to customers from all segments while supporting advanced and competitive digital solutions. In line with Egypt’s strategy to achieve digital transformation and promote e-payment systems, the partnership will help connect unbanked segments of society to convenient financial solutions. Chairman of Banque Misr, Mohamed El Etreby and EEMEA President of Mastercard, Dimitrios Dosis, signed the agreement. READ ALSO:Ericsson’s Interference…

Ericsson’s Interference Sensing software, which was announced on February 9, 2023, has been awarded the “Innovative Breakthrough in Mobile Technology” GTI Award 2023 and the Outstanding Award for significant contribution to the industry at the Mobile World Congress (MWC) 2023 event in Barcelona. The software is designed to optimize mid-band Massive MIMO performance by minimizing inter-cell interference, resulting in an increase in network capacity of up to 40 percent. Interference Sensing is one of more than 10 new radio access network (RAN) and transport solutions unveiled by Ericsson earlier this month. READ ALSO:Jordan and Amman Chambers of Industry Host Workshop…

Jordan and Amman Chambers of Industry conducted a workshop on digitisation as part of the Najahna project. The workshop titled “The Concepts of the Fourth Industrial Revolution, Evaluating and Enhancing Readiness for its Implementation in the Industrial Sector” aimed to discuss the concepts of the Fourth Industrial Revolution. During the workshop, the participants also discussed the impact of digitisation on manufacturing processes, including the gap between skilled and unskilled workers, among other relevant topics. The Fourth Industrial Revolution is a term used to describe the current trend of automation and data exchange in manufacturing processes. This revolution is expected to…

Flex Yang, the former CEO and founder of Babel Finance, is leading the restructuring efforts of the now embattled crypto asset unicorn while introducing a new decentralized project called Hope. The project aims to blend centralized finance (CeFi), decentralized finance (DeFi) and traditional finance (TradFi) to offer transparency and security while providing easy access to users. The Hope project has its namesake token, which will eventually be pegged close to the dollar as adoption grows. However, the token will initially use Bitcoin and Ether as reserves instead of cash and cash-equivalent assets, which may raise some eyebrows. Yang compares Hope…

SAP, the German software company, has sold its American subsidiary Qualtrics to a consortium led by US and Canadian investment firms for $7.7 billion. The sale of the online market research software firm comes as SAP is looking to focus on its core cloud businesses, amid turbulence in the tech sector. The transaction was conducted at a price of $18.15 per share and SAP had bought Qualtrics several years ago for $8 billion. The total value of Qualtrics is now $12.5 billion, according to SAP. READ ALSO:Silex Technology unveils Wi-Fi and Bluetooth module for NXP i.MX series TuneIn Launches Interactive…