The number of POS and eCommerce transactions in Bahrain shot up by 65 per cent in August, year-on-year, reaching a total value of nearly $744 million during the month, after topping $3.62 billion in the first half of 2021, the Central Bank of Bahrain (CBB) revealed. According to new figures from the CBB, there were more than 11.3 million digital transactions in Bahrain last month, […]
Shutterstock, Inc. a global creative platform offering full-service solutions and applications for brands, businesses and media companies, recently announced the acquisition of PicMonkey, an online graphic design and image editing platform that enables creators of any skill level to design high-quality visual assets — from presentations, advertisements and logos, to business cards and banners — […]
Ezoic, the AI technology provider for online publishers and websites monetising content with display ads, recently announced that it will invest $12.4 million directly in customers over the course of the next year as a part of initiatives aimed at expanding their product and service offerings. “When our customers grow and succeed, so do we. Our $12.4 million investment allows […]
Sharjah Islamic Bank (SIB) has announced the launch of its corporate digital banking services, providing an integrated banking experience characterised by speed, flexibility and security. Rahma Mohammed Al Shamsi, Head of Corporate Banking Group, Sharjah Islamic Bank, said that it is part of the bank’s efforts to enable companies to obtain an integrated digital banking experience, […]
eGain, the cloud platform for customer engagement automation, recently announced the availability of eGain Knowledge Hub™, the company’s next-gen knowledge management solution. Powered by AI reasoning, ML, Natural Language Processing, and analytics, eGain Knowledge Hub is a rich, one-stop knowledge management solution for the digital-first, remote-first era. Among the benefits are: Knowledge harmony created by […]
Technology provider BenQ has appointed Juma Al Majid Est – Office Equipment Division as its B2B solutions distributor in the UAE for Projectors & Digital Signages. As a supplier of technologically advanced products with proven success and efficiency, Juma Al Majid Est. – Office Equipment Division will be distributing BenQ’s Smart Projectors, Laser Projectors, High […]
The UAE Government has unveiled a global campaign to attract foreign investment and talents and promote the features that distinguish the UAE as one of the world’s most dynamic, competitive and innovative business hubs. The “United Global Emirates” campaign will champion the world-class capabilities, services, infrastructure, legal frameworks and resources available to international investors, entrepreneurs […]
SICO BSC (c), a regional market maker and investment bank, recently unveiled its newly rebranded subsidiary, SICO Capital, a full-fledged capital markets services provider based in Saudi Arabia. SICO Capital is the new brand for Muscat Capital, which has been operating in Saudi Arabia since 2009. The launch of the new identity follows the completion […]
Saudi Arabia has been ranked second among G20 countries in the Digital Competitiveness Report 2021 issued by the European Center for Digital Competitiveness. The report is based on data issued by the World Economic Forum and backed by statistics issued by the World Bank and the International Telecommunication Union. In a bid to further improve […]
UAE’s shopping mall, retail and leisure operator Majid Al Futtaim (MAF) has opened its first contactless and checkout-free store in the region using its artificial intelligence-enabled “Simply Walk Out” strategy. Carrefour City+ in Mall of the Emirates allows consumers to buy stuff from the convenience store and walk out without having to queue and pay […]
