The United Arab Emirates is renowned as the pathfinders of avant-garde technologies in the world. In a recent report by Euler Hermes titled ‘The Enabling Digitilisation Index: Which countries are digital friendly’, UAE occupied the first position in the Middle East region and 24th in the world. According to Mahamoud Islam, the senior economist for… …
Ransomware continues to prey on the UAE
The latest report by Trend Micro revealed that the GCC countries continue to be the chief targets of cyber-criminals, UAE and Kuwait being the most vulnerable countries prone to attacks. The UAE is the land of boundless possibilities for digital transformation and technological developments. With the great reward and power comes the great trials and… …
Cloud Infrastructure to drive UAE Cloud Computing Market
The UAE cloud market is still in early stages of adoption with the implementation of private Infrastructure-as-a-service (laas) viewed by many as a critical first step towards broader cloud adoption. The biggest challenges to cloud adoption are data privacy concerns, compliance, regulatory issues and infrastructure integration problems. Today, many countries in the region have data… …
AI to contribute $320 billion USD to Middle East GDP by 2030
According to a report by PwC Middle East, Artificial Intelligence could contribute US$320 billion to Middle East economy in 2030, equivalent to 11% of GDP. The greatest gains from Artificial Intelligence are likely to be in UAE with contribution of up to 13.6% GDP in 2030. This is followed by Saudi Arabia (12.4 per cent),… …
