| Mobile Web

Search results for UAE

AI & Enterprise

South Korea holds AI investment forum with UAE

South Korea\'s Ministry of Science and ICT, the National AI Strategy Committee and the Ministry of Trade, Industry and Energy held a Korea-UAE AI infrastructure and semiconductor investment forum in Seoul. The event follows discussions by a bilateral government-private working group formed after a UAE state visit in November 2025. UAE participants included officials and representatives from Core42, MGX, ATRC, TII, Mubadala and Abu Dhabi Investment Authority.

AI & Enterprise

Asia\'s rise clear amid global AI spread - Microsoft report

Microsoft\'s think tank, the AI Economy Institute, released an AI diffusion report analysing changes centred on the digital divide and software development. It said the share of the global working-age population using generative AI rose to 17.8 percent in the first quarter of 2026 from 16.3 percent. Countries above 30 percent increased to 26 from 18, while South Korea posted the steepest rise. The report said usage gaps between the Global North and Global South widened.

Crypto

Mastercard teams up with Yellow Card to pilot stablecoin payments in Africa and Middle East

Mastercard will work with Africa-based stablecoin operator Yellow Card to examine ways to use stablecoins in key financial areas such as remittances and corporate payments in the Eastern Europe, Middle East and Africa region. The partners will initially focus on cross-border remittances, business-to-business settlements, digital loyalty ecosystems and treasury management. Pilot markets include Ghana, Kenya, Nigeria, South Africa and the United Arab Emirates, with a focus on safety and regulatory compliance.