
Divsha Bhat
Technology Editor at AGBI
Journalist | Editor | Writer Technology Editor at Arabian Gulf Business Insight
Articles
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2 days ago |
restofworld.org | Divsha Bhat |Munira Mutaher
The race for super-apps is intensifying in the Middle East. Unlike Western markets, where Google, Apple, and Meta maintain separate app ecosystems with strict integration limits, in countries like the United Arab Emirates and Saudi Arabia, tech giants are following in the footsteps of China’s WeChat. Dubai-based Careem, which started as a ride-hailing company, has evolved into a comprehensive app handling transportation, food delivery, grocery shopping, payments, and home cleaning.
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Jul 4, 2024 |
agbi.com | Divsha Bhat
Maroc Telecom must pay $626m to InwiAnti-competitive practicesFine exceeds its 2023 profitsUAE telco e& (formerly Etisalat) has lost its appeal against an anti-competitive practices compensation payment in a Moroccan court. Maroc Telecom, which is 53 percent owned by e&, is now required to pay AED2.3 billion ($626 million) to Casablanca’s Wana Corporate (Inwi). It was first ordered to pay the compensation by the Commercial Court of Rabat in January 2024.
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Jul 3, 2024 |
agbi.com | Divsha Bhat
BNPL use doubled since 2022Linked to strong e-commerceRegulation challenges remain A tech-savvy society, an expanding e-commerce market and the appeal of flexible financing options is fuelling the UAE and Saudi Arabia’s buy-now-pay-later (BNPL) sector, according to industry experts. BNPL – when people can make immediate online purchases and spread payments over interest-free instalments – has grown in popularity in the Gulf since the Covid-19 pandemic.
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Jul 2, 2024 |
agbi.com | Divsha Bhat
Demand growing enormouslyFear of chip shortagesBut lack of engineering talentPlans by the UAE and Saudi Arabia to become centres of computer chip manufacturing are threatened by everything from shortages of engineering talent to a lack of water, experts have warned. The ambitions of the two countries will fail unless they invest in training and form partnerships, they say.
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Jul 1, 2024 |
agbi.com | Divsha Bhat
GlobalFoundries buys Tagore techFaster with lower energy consumptionMubadala a major sharedholderChipmaker GlobalFoundries, backed by Abu Dhabi’s Mubadala Investment Company, has bought a new technology to boost power in electric vehicles, artificial intelligence and data centres. It bought the gallium nitride (GaN) technology from semiconductor company Tagore Technology for an undisclosed sum.
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The UAE and Saudi Arabia's ambitions to become chip giants are facing a downpour of challenges. Experts warn that water scarcity, alongside a talent gap, could sink their plans. @nvidia @michaelbruck @intel @SamsungSemiUS #semiconductor #uae #saudiarabia https://t.co/qZWE2gZyF5

RT @VPasquali: The #UAE has taken steps towards regulating its payments sector with the introduction of Payment Token Services Regulation i…

Microsoft’s $1.5 billion investment in Abu Dhabi’s artificial intelligence company has received a significant vote of confidence from US authorities @Microsoft @G42ai #microsoft #AbuDhabi #ArtificialIntelligence #ai #technology #uae #US #China https://t.co/ts9tdhlGsb