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First-of-its kind innovation hub launched in Dubai

Abu Dhabi / WAM In yet a new bid to help drive the implementation of artificial intelligence (AI) across the UAE, Oracle announced the opening of a first-of-its-kind Innovation Hub in Dubai. As the nation celebrates the centennial of the birth of late Sheikh Zayed bin Sultan Al Nahyan with the ‘Year of Zayed’ initiative, Oracle has named the new ...

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Global IT spend to hit $3.7trn in ’18

DUBAI / Emirates Business Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 4.5 percent from 2017, according to the latest forecast by Gartner, Inc. “Global IT spending growth began to turn around in 2017, with continued growth expected over the next few years. However, uncertainty looms as organizations consider the potential impacts of Brexit, ...

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DIB named ‘fastest growing bank in UAE’

DUBAI / WAM Dubai Islamic Bank (DIB) has been recognised as the Fastest Growing Bank in the country at this year’s International Finance Magazine Awards. The International Finance Magazine (IFM) Awards recognises and honors individuals and organisations that make a difference and bring significant value to the international finance industry. Dr Adnan Chilwan, Group CEO of Dubai Islamic Bank, said, ...

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