With the aim of regulating the use of fintech technology, the UAE's Minister of Economy has announced a regulatory framework for fintech companies adopting experimental licenses to conduct their operations. Similar frameworks were introduced by Dubai International Financial Centre and Abu Dhabi Global Market over the last year.
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As the demand on data is exponentially growing, the importance of fiber has grown even more. Its positive outcomes are centered on the improvement of services, connectivity and living conditions, in addition to providing more access to information for more people and businesses. Its ultimate advantage is its ability to transfer vast amounts of data at the local and global levels. Fiber deployment visions and plans are seeing the light today in the MENA region as more telcos are investing in fiber technologies.
Digital technology has been booming in recent years and is at the heart of a new era that is changing the traditional socio-economic models of business and government. There is general agreement that the digital revolution is a tremendous opportunity for state development and business growth. However, this transformation cannot take place without a profound change in organizations, processes and working methods. It requires judicious technological choices.
Artificial intelligence (AI) is recognized by many within the ICT sector and beyond as an emerging technology that has the potential to completely reshape entire industries and organizations as we know them. AI is being embraced by enterprises, governments and manufacturers on a global basis who share a consensus that it represents the future in terms of technological advancement and progress. However, many influential and high profile figures in the IT and technology sector have voiced their skepticism regarding the impact it will have on society.
In today's mobile network, more than 80% of wireless services occur indoors inside buildings, and this figure is set to increase to more than 90% once 5G mobile technology is commercially launched in the next few years. Therefore, indoor mobile networks in the 5G era are vital and will become one of the core competitiveness of operators. With the advent of the 5G era, there will be various service applications, such as VR, IoT and telemedicine, which will emerge. To meet the requirements of optimal user experience, efficient O&M and intelligent operation, a digital indoor network must be constructed in the 5G era.
University students in the UAE are being given an opportunity to help shape the future through an Expo 2020 Dubai program that entrusts youth to develop creative solutions to global challenges that affect the region.
The royal wedding of Prince Harry and Meghan Markle was the biggest day ever for BBC Online with audiences consuming 11.9 petabytes (equivalent to nearly 3 billion photos on a phone with a 12 megapixel camera) of data, peaking at 2.8 terabits per second when people saw their first glimpse of the bride's dress.
In the framework of its efforts aiming at confirming mobile phones’ compliance with legislations and international standards in Lebanon, and in order to protect consumers from counterfeit and counter customs tax and VAT evasion, the Lebanese Minister of Telecommunications Jamal Jarrah announced new measures that the ministry will start implementing in cooperation with Lebanese operators touch and Alfa.
5G is expected to complement 4G technologies to improve standard of living for consumers and society as a whole, and open new revenue opportunities for enterprises across a wide spectrum of industries. Early commercial deployments are expected in 2019, and widespread deployment will still take a number of years - 5G is designed to deliver incredible data speeds, provide large capacity, low latency and energy efficiency to support innovation and services across industries.
Oman's Telecommunications Regulatory Authority (TRA) is planning to roll out 5G networks in Oman with the help of a national level team it established. The 5G national team includes members from the TRA and mobile network operators in the Sultanate who will develop a 5G strategy that will facilitate the deployment of the 5G network in Oman and tackle challenges that could arise during the roll-out, according to H.E Dr. Mohammed bin Hamad al Rumhi, chairman of TRA.