The WIRE by Arabian Post

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Revolutionizing Customer Engagement in the Middle East

Revolutionizing Customer Engagement in the Middle East

Voxtron Solution, a leader in innovative communication solutions, has launched Voxvantage, a next-generation cloud contact center solution designed to transform customer interactions across the Middle East. Developed in partnership with long-time co…

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Liminal Custody Granted FSP License, Bolstering Middle Eastern Digital Asset Security

Liminal Custody Granted FSP License, Bolstering Middle Eastern Digital Asset Security

Liminal Custody Solutions, a leading provider of digital asset custody and wallet infrastructure, has secured a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This …
UAE Construction Boom Continues Despite Global Challenges

UAE Construction Boom Continues Despite Global Challenges

The construction sector in the United Arab Emirates (UAE) is experiencing a robust upward trend, defying ongoing global challenges like inflation, interest rate hikes, and geopolitical tensions. This positive outlook is driven by a high-value projec…
Dubai to Get World's Largest Solar-Powered Desalination Plant

Dubai to Get World's Largest Solar-Powered Desalination Plant

Dubai is set to become a leader in sustainable water production with the upcoming Hassyan desalination plant. The facility, commissioned by the Dubai Electricity and Water Authority (DEWA) and ACWA Power, will be the second-largest desalination plan…
Wisconsin Investment Board Makes History with BlackRock Bitcoin ETF Purchase

Wisconsin Investment Board Makes History with BlackRock Bitcoin ETF Purchase

The Wisconsin State Investment Board (WSIB) made waves in the financial world today after it disclosed the purchase of $99 million worth of shares in BlackRock's iShares Bitcoin Trust ETF. This move marks a significant development, as it represe…
Google Cloud Incident Briefly Erases $125 Billion Pension Fund Account

Google Cloud Incident Briefly Erases $125 Billion Pension Fund Account

In a technological blunder with significant financial implications, Google Cloud mistakenly deleted the private cloud account of UniSuper, a colossal Australian pension fund holding a staggering $125 billion. This incident sent shivers down the spin…
Hong Kong Crypto Funds Hemorrhaged Millions This Week

Hong Kong Crypto Funds Hemorrhaged Millions This Week

Hong Kong's fledgling Bitcoin and Ethereum exchange-traded funds (ETFs) witnessed a significant setback this week, with record net outflows exceeding $39 million on Monday alone. This substantial withdrawal effectively erased any gains accumulat…
Crypto Firm Faces Charges for Alleged Illegal Derivatives Access

Crypto Firm Faces Charges for Alleged Illegal Derivatives Access

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Falcon Labs LLC, a crypto prime brokerage firm, alleging that the company illegally facilitated access to digital asset derivatives trading platforms for U.…
OpenAI Unveils Next-Gen AI with Multimodal Mastery

OpenAI Unveils Next-Gen AI with Multimodal Mastery

OpenAI has pulled back the curtain on GPT-4o, its latest advancement in artificial intelligence. This groundbreaking model transcends the limitations of text-based interactions, boasting real-time comprehension of audio and video. The live demonstra…
OpenAI Unveils GPT-4o and Streamlined ChatGPT Desktop App

OpenAI Unveils GPT-4o and Streamlined ChatGPT Desktop App

OpenAI, the research and development company focused on artificial intelligence, has made significant strides in accessibility and capability with the launch of GPT-4o, its latest flagship AI model, and a redesigned desktop version of its popular ch…
UAE Shoppers Embrace Digital Tools, Driving Click-and-Mortar Boom

UAE Shoppers Embrace Digital Tools, Driving Click-and-Mortar Boom

The UAE has emerged as a global leader in shopping satisfaction, with a recent study revealing a strong preference for Click-and-Mortar™ shopping experiences that blend the convenience of digital tools with the physical store environment. The "…
Air Arabia Navigates Challenges, Posts Solid Q1 2024 Results

Air Arabia Navigates Challenges, Posts Solid Q1 2024 Results

Air Arabia, the leading low-cost carrier (LCC) in the Middle East and North Africa, reported a strong first quarter of 2024 despite facing economic headwinds and industry-wide disruptions. The airline posted a net profit of AED 266 million for the f…
ADNEC Group and MATTER Join Forces to Drive Innovation with Deep Science and Exponential Technologies

ADNEC Group and MATTER Join Forces to Drive Innovation with Deep Science and Exponential Technologies

The Abu Dhabi National Exhibitions Company (ADNEC Group) has announced a groundbreaking partnership with MATTER, a leading global think tank focused on deep science and exponential technologies. This collaboration aims to unlock the transformative p…
El Salvador Opens Bitcoin Treasury Doors with New Transparency Tool

El Salvador Opens Bitcoin Treasury Doors with New Transparency Tool

El Salvador, the nation that took the world by storm when it adopted Bitcoin as legal tender in 2021, has taken another bold step towards cryptocurrency integration. On May 12th, the National Bitcoin Office (ONBTC) launched a dedicated mempool space…
Blockdaemon Deepens Roots in UAE, Establishing Entity in Abu Dhabi

Blockdaemon Deepens Roots in UAE, Establishing Entity in Abu Dhabi

Blockdaemon, a leading provider of institutional-grade blockchain infrastructure, announced a significant expansion into the United Arab Emirates (UAE) today. The company plans to set up an office and establish a legal entity in Abu Dhabi under the …
Bank Reveals Data Leak Affecting Over 450, 000 Customers

Bank Reveals Data Leak Affecting Over 450, 000 Customers

JPMorgan Chase, a leading American financial institution, disclosed a data breach impacting the personal information of over 450, 000 customers. According to filings submitted to the Maine Attorney General's office, the bank identified a softwar…
Dubai Financial Hub Sees Major Growth in 2023

Dubai Financial Hub Sees Major Growth in 2023

The Dubai Financial Services Authority (DFSA) reported a year of significant expansion and innovation in its 2023 annual report. The financial regulator highlighted a 25% increase in licensed firms, reaching a total of 791 by year-end. This surge re…
AI Turbocharges Translation in Gulf's Booming Economies

AI Turbocharges Translation in Gulf's Booming Economies

The Gulf Cooperation Council (GCC) region is experiencing a surge in demand for language services, fueled by its booming economies, growing international business ties, and a rising tide of technological innovation. Artificial intelligence (AI) is a…
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