Africa’s technology landscape is evolving rapidly, driven by a burgeoning network of technology hubs and innovation ecosystems. These hubs are fostering entrepreneurship, driving digital transformation, and contributing to the continent’s economic development. Here’s a detailed look at the key technology hubs, their impact, and the broader innovation ecosystem across Africa: 1. Prominent Technology Hubs in […]
Technological Advancements in GCC Industries
Technological advancements have significantly transformed industries across the Gulf Cooperation Council (GCC) countries, comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). These advancements span various sectors, leveraging innovation to drive efficiency, sustainability, and economic growth. Here’s an overview of technological advancements in key GCC industries: 1. Oil and Gas 1. […]
How industries in the Middle East are embracing Digital Transformation
Digital transformation is reshaping industries across the Middle East, with businesses embracing technologies such as artificial intelligence (AI), Internet of Things (IoT), blockchain, and cloud computing to drive innovation, improve efficiency, and enhance competitiveness. Here’s how various industries in the Middle East are leveraging digital transformation: 1. Finance and Banking: The finance and banking sector […]
Digital Transformation in United Arab Emirates Banking
The banking sector in the United Arab Emirates (UAE) has been actively embracing digital technologies to undergo a significant transformation in recent years. This shift is driven by the changing expectations of customers, advancements in technology, and the government’s commitment to fostering innovation. Here’s a discussion on how UAE banks are embracing digital transformation to […]
How the shift toward Electric Mobility will impact the World in the Future
In spite of the industry’s increased downturn around the world, the rise of electric mobility is forging ahead at a breakneck speed. The transition to electric mobility is taking place at a rapid pace. Transportation is being revolutionized by new forms of electric transportation including e-scooters, electric vehicles, electric boats, e-bikes, and even electric taxis that can […]
Shaping and Sustaining The Future Of Agritech
Agriculture technology, or agritech, has the potential to shape the future of farming and food production in significant ways. Agritech, or agriculture technology, uses technology and innovation to improve agricultural productivity, efficiency, and sustainability. Agritech encompasses a wide range of technologies, including precision agriculture, biotechnology, robotics, data analytics, and more. Some examples of agritech applications […]
How generative AI and ChatGPT will usher in a new era of innovation across multiple industries
As a result of generative AI and other foundation models such as ChatGPT, the field of artificial intelligence (AI) and assistive technologies are entering a new era. For productivity and innovation to be driven across the entire organization, automation is essential. The up-and-coming technologies that are keeping pace with the competition are generative AI and […]
By 2025, Emerging Technologies for life after COVID would be worth more than $3 trillion with the potential to foster an inclusive recovery environment
According to the new UNCTAD Technology and Innovation Report, emerging technologies for life after COVID-19 are expected to be worth over $3 trillion by 2025. The United Nations Conference on Trade and Development (UNCTAD) has urged developing countries to adopt cutting-edge technology aimed at combating the COVID-19 pandemic. However, UNCTAD stated that failing to do […]
The Impact of Technology on Business and the Economy, including Job Creation and GDP Growth
The impact of technology on business and the economy is profound and multifaceted, influencing various aspects such as job creation, GDP growth, productivity, and competitiveness. Here’s an overview of these effects: 1. Increased Productivity and Efficiency: Technology has significantly improved productivity by automating tasks, streamlining processes, and enhancing communication and data management. Businesses can produce […]