The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) have jointly launched a common digital currency project ?Aber? that will be used in financial settlements between Saudi Arabia and the UAE through blockchains and distributed ledgers technologies
Information Technology
StarLink sets US$400mn target for 2019
StarLink, IT security solutions provider in the Middle East, Turkey and Africa (META) region, has announced a US$400mn target for 2019
?AI and drones are emerging trends in coming years?
With the UAE government progressing in drone technology developments and the Dubai flying taxi scheduled to be released in 2020, the private sector is expected to become more open towards integrating drones into their operations, according to the UAE-based Falcon Eye Drones
Yahsat and Hughes finalise satellite broadband JV
The UAE-based Al Yah Satellite Communications Company (Yahsat) and Hughes Network Systems (Hughes), a subsidiary of EchoStar Corporation (EchoStar), have completed a joint venture arrangement to provide greater access to commercial Ka-band satellite broadband services across Africa, Middle East and Southwest Asia
IIoT creates opportunities in industrial cybersecurity industry
High penetration of Industrial Internet of Things (IIoT) technology in critical infrastructure and the manufacturing sector has resulted in a growing number of potential cyber-attack surfaces, a market research company Frost & Sullivan observed