by Jibran Munaf | October 25, 2024 | Fintech, Technology
Intel announced plans on Friday to invest over $28 billion to construct two new chip factories in Ohio, a strategic move aimed at expanding its contract manufacturing business and enhancing its competitiveness with global leader Taiwan Semiconductor Manufacturing Co....
by Jennifer George | October 13, 2024 | Coverage, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
by Jibran Munaf | October 13, 2024 | Fintech, Technology
Nvidia (NASDAQ: NVDA), the AI chip titan, now faces a fresh challenger. Cerebras, a rising star in the artificial intelligence chip space, has filed for an initial public offering (IPO) and claims its chips can outperform Nvidia’s by up to 20 times. Nvidia has...
by Priyanka Sharma | October 9, 2024 | Banking, Financial Education & Literacy, Fintech, Gitex 2024, Technology
Dubai Internet City, a vibrant community of more than 3,500 tech giants, Fortune 500 companies, and start-ups, is set to demonstrate the transformative nation-building potential of emerging technologies at GITEX Global 2024. “Technologists are influential architects...
by Jibran Munaf | October 6, 2024 | Fintech
Bahrain has officially launched its first regulated digital assets exchange, ATME, during the FinTech Forward 2024 event hosted by the Bahrain Economic Development Board (EDB). Licensed by the Central Bank of Bahrain (CBB), ATME aims to democratise access to...
by Priyanka Sharma | September 10, 2024 | Banking, Central Banks, Fintech, News
In what is being seen as a milestone in banking, the National Bank of Ras Al Khaimah has executed a cross-border Central Bank digital currency payment. RAKBANK has now become one of the first banks in the United Arab Emirates to execute such a transaction. The trade...
