Browsing: Digital Transformation

Business

Hamdan bin Mohammed Inaugurates Dubai AI Campus Cluster

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of the Higher Committee for Future Technology and Digital Economy, today inaugurated the Dubai AI Campus cluster at the Innovation Hub, Dubai International Financial Centre (DIFC).

Banking

Consumer Confidence in UAE Banking Rises to 90%

H.E. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from 84% in 2022 to 90% in 2023 reflects its continuous development, as customer trust is an important pillar in banking and finance. He explained that the UAE ranks above the global average in the Trust Index and ranks higher than prominent international financial centres, which confirms the banking sector’s ability to meet the requirements of diverse customer segments.

Business

Digital Trade Winds: CargoX and Middle East Shipping Future

Bojan Čekrlić, CEO of CargoX, a pioneer in blockchain-based trade documentation and electronic bills of lading (eBL), recently shared insights on the digital transformation reshaping maritime shipping and trade in the Middle East. This region, crucial for its strategic trade routes, is embracing a digital revolution that promises to redefine global trade documentation practices significantly.