In an unprecedented initiative in Lebanon, the Municipality of Jounieh in collaboration with the Arab Forum for Smart Cities and under the patronage of the Lebanese Prime Minister- Designate Saad El Hariri, organized a workshop entitled "Digital and Smart Transformation in Arab Cities: Reality and Outlook".
Relam Investment, an international investment company headquartered in Dubai, UAE, owned by local entrepreneur Sultan Ali Rashed Lootah, has announced the global launch of its third generation blockchain technology: Hetachain, which promises faster processing time and lower energy use.
With the aim of regulating the use of fintech technology, the UAE's Minister of Economy has announced a regulatory framework for fintech companies adopting experimental licenses to conduct their operations. Similar frameworks were introduced by Dubai International Financial Centre and Abu Dhabi Global Market over the last year.
Smart Cities World Forums is currently conducting a poll in an effort to establish which city our global readership thinks is the 'smartest' in the world.
As the Middle East accelerates its digital transformation and Smart Cities growth, regional data center spend will reach a record-high of USD 5 billion by 2020, industry experts announced today ahead of GITEX Technology Week.
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