UAE

Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties

Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
July 07, 2024  |  Connected Economy

Emaar Properties PJSC, a real estate developer in the United Arab Emirates (UAE), has adopted a virtual card solution from Visa and Mashreq to facilitate the digitization...

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Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
July 02, 2024  |  B2B Payments

Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This...

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89% of UAE Retail Shoppers Leverage Digital Tools in Physical Stores
89% of UAE Retail Shoppers Leverage Digital Tools in Physical Stores
June 06, 2024  |  Retail

Worldwide, when it comes to shopping, consumers no longer think in terms of channels such as in-store or online. For an increasingly larger share, physical...

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Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
Technology Innovation Institute Launches AI Model With Vision-to-Language Capabilities
May 13, 2024  |  Artificial Intelligence

The United Arab Emirates (UAE)-based Technology Innovation Institute (TII) has announced a new iteration of its large language model (LLM). The new Falcon 2 includes a model with image-to-text...

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Digital Stagnation Pressures UAE Merchant Growth
Digital Stagnation Pressures UAE Merchant Growth
May 13, 2024  |  Payment Methods

In the United Arab Emirates, 71% of consumers actively use digital features to enhance their shopping experiences. Yet valuable opportunities to build on this robust...

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Reem Finance and Visa Partner on Digital Payments in UAE
Reem Finance and Visa Partner on Digital Payments in UAE
April 29, 2024  |  Partnerships

Reem Finance, a financial services provider in the United Arab Emirates (UAE), has partnered with Visa to expand its offering of digital payment solutions. With the new...

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Report: US Looks to Forge AI Partnerships With UAE
Report: US Looks to Forge AI Partnerships With UAE
April 21, 2024  |  Artificial Intelligence

The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE,...

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Microsoft Invests $1.5 Billion in UAE AI Firm G42
Microsoft Invests $1.5 Billion in UAE AI Firm G42
April 16, 2024  |  Investments

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and...

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