Analysis Banking and Finance UK Islamic fintech wants to take on the world UK fintech has enjoyed meteoric growth in recent years, and Islamic fintech has been a key part of that success. AGBI speaks to industry experts to get the inside track on the sector’s development UK fintech investment hit $37.3 billion in 2021, up sevenfold from $5.2 billion in 2020, according to figures published by global […] June 24, 2022
Analysis From chocolate to solar power, the UK-GCC trade deal is a winner A trade deal between the United Kingdom and the Gulf region has the potential to support jobs “from Dover to Doha”, while building vital green industries and supplying innovative services to the GCC. That’s according to UK Trade Secretary Anne-Marie Trevelyan, who today launched free trade negotiations with the Gulf Cooperation Council, made up of […] June 22, 2022
11 ways robots are transforming the UAE A new AED1 billion ($272 million) library, which opened in Dubai on Thursday, will employ artificial intelligence (AI) in its operations, including in choosing titles and borrowing and returning books. The Mohammed bin Rashid Library will use a first-of-its-kind smart system in the Middle East to send commands to robots to locate books and deliver […] June 16, 2022
Analysis New deal allows Abu Dhabi to tap into global tech talent pool Abu Dhabi’s latest partnership agreement, part of its $545 million Innovation Programme, will help address urgent skill shortages in the technology sector and widen access to the global talent pool. The Abu Dhabi Investment Office (ADIO) yesterday announced a partnership with global in-house centre consulting firm ANSR and artificial intelligence-powered talent sourcing platform Talent500. ADIO […] June 10, 2022
Analysis Crypto users turn to chatbots in crisis UAE-based crypto exchange BitOasis has seen the number of interactions with its chatbot surge from about 300 late last year, to nearly 3,000 this year after Bitcoin’s violent crash – a total rise of 1,400 percent. Bitcoin, the world’s most valuable cryptocurrency, has more than halved since hitting its all-time high of $69,000 in November […] June 7, 2022
Analysis Banking and Finance Opening a bank account still the ‘biggest hurdle’ for UAE startups Some bank accounts taking up to a year to set up Startups waiting, despite obtaining a business licence Lack of consistency on requirements, rules for new businesses Opening a bank account is “still the biggest hurdle” entrepreneurs and business founders face in the United Arab Emirates (UAE), with some waiting as long as a year […] June 1, 2022
Exclusive How technology is transforming the UAE-UK trade relationship A quick look at the latest UAE-UK trade figures might give the impression that the centuries-old relationship isn’t what it used to be. But dig a little deeper and the figures – down sharply from close to £18 billion in 2018-2019 to £12.3 billion in the year to last September – can be explained by […] May 19, 2022
Opinion Why we must harness AI for the common good Artificial intelligence can and should serve goals such as sustainability and gender equity May 18, 2022
Opinion Banking and Finance A crypto market crash doesn’t have to fill us with dread History shows us that these instances are a pivotal point of positive systemic change May 16, 2022
Exclusive Tech Why London-Dubai tech tie-up hits investment ‘sweet spot’ The London Technology Club (LTC), a community in Europe for investment opportunities in the technology sector, has announced the launch of LTC Dubai, its first international investment hub. The hub is supported by Global Ventures, the international venture capital firm focused on investing in emerging market founders. Konstantin Sidorov, founder, CEO and general partner of […] May 12, 2022
Tech Make it happen: How to digitally transform your business Here is the first of our monthly guides to harnessing global trends with a razor-sharp regional focus May 10, 2022
Exclusive Interviews UK-Gulf deal will be ‘tough nut to crack,’ says top Johnson ally The co-chairman of the UAE-UK Business Council and former chief strategic adviser to Prime Minister Boris Johnson says the upcoming UK-Gulf trade agreements could be delayed but bilateral opportunities remain immense Lord Udny-Lister, co-chairman of the UAE-UK Business Council and one of Boris Johnson’s closest political allies, cuts a distinguished figure amid the sumptuous surroundings […] May 10, 2022
