Reports and Coverage

In what comes as heartening news to the digital currency market in the UAE, the country’s top minister has acknowledged the “major role” that cryptocurrency will play in the economy. 

2023 is set to be a busy year for UAE's space exploration, from making history as the first Arab nation to land a rover on the Moon to sending an Emirati astronaut for a six-month trip to the International Space Station.

The technology industry is yet to recover from its current predicament of dismissing employees and suffering from depreciation. The drop in demand from the COVID-19 crisis amid a steep rise in costs has led several executives from the sector to reverse their course of action in the HR department and lose significant value due to shifting demand patterns.

The MEA region is paving its digital journey with superapps on the horizon. Telcos have shown great interest in this business model, in addition to fintech organizations and banking institutions.

The International Telecommunication Union (ITU) has established an expert focus group to work towards international technical standards for the metaverse.

Global tech ambitions drive use cases for maturing technologies such as artificial intelligence (AI), and one startup is willing to pay US$1 million to put their AI chatbot to the test in an actual courtroom.

The Telecommunications and Digital Government Regulatory Authority (TDRA) held the workshop titled “Management and Allocation of Aeronautical Radio Frequency Spectrum in the GCC Countries” in Abu Dhabi, in collaboration with the International Civil Aviation Organization (ICAO) and in coordination with the GCC Technical Office for Telecommunications.

The International Telecommunication Union (ITU), commissioned in April 2022 to assess the damages to the telecommunication infrastructure and resilience of the ICT ecosystem in Ukraine as a result of Russia's invasion in February of last year, has disclosed an estimate of $1.79 billion in investment needed to restore the country’s telecommunication sector.

China is seeking a greater role in overseeing the country’s powerful tech companies, particularly Alibaba, considered the "Amazon of China." A venture on Tencent, the developer behind the dominant social media and messaging app, WeChat, is also reported to be in the works.

In April 2019, South Korea launched a global-first 5G network, which has been adopted by KT Corporation. 5G networks have been delivered by at least 209 operators globally, spreading across 83 countries. 5G offers significantly improved performance over earlier network technologies such as 3G and 4G.