Friday 4 September 2015
 
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Digitization

Mena digital market value to hit $35bn in 2015

Mena’s digital market value is expected to reach $35 billion in 2015, and overall digitization initiatives could add $820 billion to regional GDP, creating 4.4 million jobs by 2020, a report said. However, this rapid digitiz

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Rapid digitization adds to cyber-threat exposure

Mena’s digital market value is expected to reach $35 billion in 2015, and overall digitization initiatives could add $820 billion to regional GDP, creating 4.4 million jobs by 2020. However, this rapid digitization and the r

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Digitalization stressed for business growth

The role of digitalization in enhancing business was highlighted at a recent summit organised by ValueLabs, a product development, IT services and consulting company, in Dubai, UAE. The CXO IT Summit 2015 was aimed at expanding it

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The varying effects of digitization on economies

While digitization provided a $193 billion boost to world economic output and created six million jobs globally in 2011, the effects of the growing technologies are uneven across countries and sectors, a report said. “Access

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Digitization ‘offers big gains in GDP, new jobs’

With enabling ICT policies and focus on digitization, the South Asia and the Mena region can realize a $1.3 trillion cumulative impact on its GDP by 2020, creating more than 7.2 million new businesses and 13 million new jobs, a report said.

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StanChart plans new digital services in UAE

Standard Chartered has announced that it will be introducing a series of digital services and solutions including mobile and online banking to the UAE market this year. The bank also inaugurated its fifth Electronic Banking Unit (

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New capabilities ‘key to Mena digital market’

In order to penetrate the Mena region’s rapidly growing digital services market and overcome related challenges, telecom operators must build an entirely new capabilities system, a report said. With the market for digital se

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