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December 2022 

CONTENTS 

P08 | LAUNCH EXPRESS 

P10 | CRYPTO & DIGITAL ASSETS 

P12 | BIOTECH 

P34 | FINTECH 

P72 | EDTECH 

P14 | DATA & DATA INTELLIGENCE 

P16 | TECH MY MONEY 

P20 | DIGITAL TRANSFORMATION 

P22 | GAMING 

P40 | COVER STORY 

P46 | EVENT 

P74 | AVIATION 

P26 

P24 | WEB3 

P48 | MARKETING TECH 

P50 | APP EXPRESS 

P52 | ROBOTICS 

P38 

P28 | GADGET REVIEWS 

P30 | LATEST TECH 

P32 | AI & ML 

P56 | SPACE TECHNOLOGY 

P60 | BUILDING AUTOMATION 

P68 | SUSTAINABLE TECH 

P70 | STARTUPS IN FOCUS 

P44 

P54 



GOOGLE PIXEL WATCH 

The Google Pixel Watch is 

Google’s first Pixel wearable 

offering, promising a smooth, 

polished experience and hoping 

to be regarded as “the Apple Watch of 

Androids”. The Pixel Watch also carries 

the future of Wear OS as a platform, 

and many will be watching to see 

whether it will advance the operating 

system. The Pixel Watch introduced 

features that Wear OS had already 

had before Wear OS 3.5. The operating 

system has been fully redesigned with 

more polish and better attention to 

detail in animations and sounds. The 

Watch is made to be comfortable to 

wear all day and to appear inviting 

and helpful. The Google Pixel Watch 

starts at a $349 ($399 for the LTE 

model), which makes it $50 cheaper 

than the Apple Watch, which starts at 

$399. Still, at its price point, Google 

is setting up its customers with high 

expectations from the Watch 

For the Pixel Watch, Google went 

for an understated and minimalist 

look. The Watch is round, with its 

protective layer of glass formed into 

a dome that elegantly wraps around 

the circumference of the Pixel Watch. 

Meanwhile, the watch case is made 

of stainless steel, comprised of 80% 

recycled material. 

THE NEW APPLE IPAD PRO 

Apple’s newest iPad Pro is a 

mature, iterative update of 

the best iPad you can buy. It’s 

almost 18 months since Apple 

updated its iPad Pro (the last release 

was in May 2021), and clearly, Apple 

saw no reason to change its design— 

the new version looks identical to the 

last one, even down to the colours. 

The biggest news around the latest 

iPad Pro is the fresh, competent Apple 

M2 processor that powers it. This is 

the same M2 chip released earlier 

this year in the latest MacBook Pro 

13-inch and new-design MacBook Air. 

Unsurprisingly, it promises excellent 

performance, which Apple says is 

faster than any chip in any other 

tablet, including its own. Since the Pro 

iPads are here to ensure the most 

demanding users have a stutter-free, 

smooth experience, it makes sense 

that Apple would install its latest and 

most effective chip. 

Apple upgraded both iPad Pro 

models for 2022, with the 11-inch iPad 

Pro starting at $799 and the 12.9-inch 

version starting at $1,099 (this review 

focuses on the latter). Both have the 

same story—the same design as their 

predecessors, with an updated chip 

inside. 

The other fundamental change to 

the iPad Pro lineup is that Apple has 

introduced its Apple Pencil Hover 

experience. The feature allows you to 

hold the tip of the Apple Pencil 12 mm 

above the surface without touching the 

display. The iPad will then sense the 

position and angle of the pencil and 

maybe — do something relevant. Its 

work was supported across the UI, with 

app icons swelling as the Apple Pencil 

crosses over the top of them. 

This may require more developer buyin 

to become ubiquitous. 



GIGABYTE G5 SERIES GAMING LAPTOP 

The Gigabyte G5 is proof that 

the best gaming laptops don’t 

necessarily have to break 

the bank: it’s one of the most 

affordable gaming machines on the 

market, yet it’ll still play the best 

games out there at 1080p quite 

comfortably. 

As gaming laptops go, the Gigabyte 

G5 is towards the plainer and more 

understated end of the spectrum, but 

that’s not necessarily a complaint – 

it depends on how many colourful 

accents and flashing lights you like on 

your gaming machine. It’s a reasonably 

bulky slab of black plastic, and only 

the thickness and the oversized 

grilles at the side give away the power 

underneath the hood here: even the 

Gigabyte lettering on the lid is subtle 

and straightforward. 

If you’re measuring out some room 

on your desk, you need to know that 

the laptop has 361 x 256 x 31.8mm 

dimensions and weighs in at 2.1kgs. 

Gigabyte has been generous with 

APPLE MIXED-REALITY HEADSET 

In recent months, there have been 

numerous speculations regarding 

Apple working on a top-secret 

headset project. But at the same 

time, the rumours are getting more 

complicated, with claims that Apple 

will use mixed reality (MR) somewhat 

of only augmented reality (AR) or 

virtual reality (VR). 

Next year will see the release 

of Apple Inc.’s following significant 

product, a mixed-reality headset that 

the company hopes will catapult into 

a new computing era. However, the 

company’s job postings and personnel 

changes provide a sneak peek at some 

of the device’s capabilities. 

The headset will probably cost 

between $2,000 and $3,000 because it 

is a high-end product with the highest- 

the ports, too: you get HDMI 2.0, 

DisplayPort 1.4, and Mini DisplayPort 

1.2, so you can, in theory, hook up three 

external displays. On top of that, you 

get three USB-A ports, an SD card 

reader, a 3.5mm microphone, and a 

3.5mm headphone port. You’ve got 

plenty of options for peripherals. As 

resolution displays ever included in 

a mass-market headset, a Mac-level 

M2 chip, and more than ten cameras 

inside and outside the device. 

far as build quality goes, the laptop 

feels very well put together, from the 

display hinge to the power button. The 

15.6-inch screen runs at a resolution of 

1920 x 1080 pixels and offers a refresh 

rate of 144Hz or 240Hz, depending on 

the model specification you pick and 

pay for, for super-fluid motion. 



MENA IS THE WORLD’S FASTEST- 

GROWING CRYPTO ADAPTER 

The Middle East and North Africa region is the fastest-growing cryptocurrency market in the 

world, accounting for 9.2 per cent of global digital currency transactions from July 2021 to 

June 2022, according to a report by blockchain data platform Chainalysis. 

Global crypto adoption 

levelled off 

Individual investors 

in the MENA region 

received $566 billion in 

cryptocurrencies during the period, 

an annual increase of 48 per cent, 

Chainlysis said in its 2022 Global 

Crypto Adoption Index, which was 

dominated by emerging markets. 

Global crypto adoption levelled off 

after growing consistently since mid- 

2019. However, the research found it 

has remained well above its pre-bull 

market levels in 2019. 

In Turkey and Egypt, fluctuating 

cryptocurrency prices have coincided 

with rapid fiat currency devaluations, 

strengthening the appeal of crypto 

for savings preservation. The Turkish 

lira has inflated by 80.5 per cent in 

the last year; the Egyptian pound has 

weakened by 13.5 per cent. 

Bitcoin plunged from a record 

high of about $68,000 last year to 

trade at around $19,928, while the 

cryptocurrency sector’s market 

capitalization has fallen below the $1 

trillion mark. According to analysts, 

the sector’s rollercoaster ride is far 

from over, dragged down by this year’s 

equity bear market, global economic 

uncertainty, higher interest rates, and 

a sharp rise in the cost of living around 

the world. Long-term cryptocurrency 

holders have continued to hold through 

the bear market. While their portfolios 

have lost value, those losses aren’t 

locked in yet because they haven’t sold, 

Chainalysis said. It added that onchain 

data suggests those holders are 

optimistic the market will bounce back. 



CRYPTO & DIGITAL ASSETS 

“Users in the lower middle and 

upper middle-income countries 

often rely on cryptocurrency to send 

remittances, preserve their savings 

in times of fiat currency volatility and 

fulfil other financial needs unique to 

their economies,” Chainalysis said. 

Chainanalysis and Grauer about MENA 

“These countries also lean on Bitcoin 

and stablecoins more than other 

countries.” 

Turkey was the most prominent 

cryptocurrency market in the Mena 

region, with its citizens receiving 

$192bn. However, the report said this 

represented slower yearly growth 

of 10.5 per cent compared with other 

countries in the area. Meanwhile, 

Egypt was the MENA region’s fastestgrowing 

cryptocurrency market, 

having recorded 221.7 per cent growth 

in transaction volumes annually. 

Saudi Arabia also showed strong 

potential as deal volumes grew by 195 


per cent, said Chainalysis. “In Egypt, 

digital currencies are being used as 

a means of savings preservation. 

Cryptocurrencies are an attractive 

means of protection again currency 

devaluation,” said Kim Grauer, director 

of research at Chainalysis. 

“Also significant in the country 

is the use of cryptocurrency for 

remittances — the country’s national 

bank has already begun a project 

to build a crypto-based remittance 

corridor between Egypt and the UAE, 

where many Egyptian natives work.” 

Lebanon was ranked third in the MENA 

region in terms of cryptocurrency 

transaction volumes, which rose by 

an annual 120.9 per cent, followed 

by Morocco (120.8 per cent), the UAE 

(37.2 per cent), and Turkey (10.5 per 

cent). The index findings showed 

that Emirates recorded $38bn in 

cryptocurrency activity in the time 

frame compared with $28bn in the 

previous year. The exceptional levels of 

grassroots cryptocurrency adoption in 

Morocco seem to be tied more to the 

government’s newly permissive digital 

asset stance than to any particular 

macroeconomic tailwinds, the report 

said. “Adoption in the UAE is driven 

by the country’s clear ambitions of 

positioning itself as a global crypto 

hub,” Ms Grauer said. “Government 

support, forward-focused regulations, 

mechanisms for consumer protection, 

and support for the establishment of 

crypto businesses are all driving the 

adoption of cryptocurrencies and Web3 

technologies in the country. 

-feature@thetechnologyexpress.com 


BIOTECH 

G42 HEALTHCARE PARTNERS WITH 

SAPHETOR SA 

To increase its clinical 

genomics capabilities, Abu 

Dhabi-based AI healthtech 

firm G42 Healthcare 

is joining Saphetor SA, a 

Swiss precision medicine business 

and developer of the VarSome suite of 

bioinformatics tools. 

In addition to enhancing the UAE’s 

standing as a centre for global 

innovation and clinical genomics 

research, the collaboration will 

promote the health of future 

generations, according to a statement, 

by enabling biologists, geneticists, 

and physicians to push the limits of 

healthcare innovation and discovery. 

Enhancing these new capabilities is 

part of G42 Healthcare’s mission to 

provide insights and facilitate early 

diagnosis and treatment of cancer, 

rare and metabolic diseases, and 

other regional genetic conditions. 

The company recently launched over 

250 comprehensive clinical genetic 

testing panels that use state-of-theart 

sequencing technologies with 

the shortest turnaround time. This 

collaboration also enables clinical 

genomics, at scale, as a service, 

using G42 Healthcare’s three genomic 

sequencing platforms offering both 

extended and short-read capabilities. 

A few insights by great minds! 

“VarSome is a precious resource 

to support clinical decisions and 

for clinical genomics research in 

delivering comprehensive genome 

data, biological insights, and 

healthcare outcomes for better 

personalized and preventive 

healthcare delivery,” said Andreas 

Massouras, CEO and founder at 

Saphetor SA. 

Andreas Massouras, CEO and 

Founder of Saphetor SA, said: “Since 

its inception, Saphetor has been 

committed to enabling accurate 

molecular diagnosis at scale for a 

wide range of disorders through 

identification and interpretation of 

human genomic variants by leveraging 

proprietary algorithms and expert 

domain knowledge. VarSome is a 

precious resource to support clinical 

decisions and clinical genomics 

research in delivering comprehensive 

genome data, biological insights, 

and healthcare outcomes for 

better personalized and preventive 

healthcare delivery. At Raptor, we are 

all excited for our technology to serve 

the people of the UAE and beyond via 

our partnership with G42 Healthcare”. 

G42 Healthcare’s goal is to aid in the 

early identification and treatment of 

cancer, rare and metabolic disorders, 

and other genetic conditions in the 

area. The business just released over 

250 comprehensive clinical genetic 

testing panels with the quickest 

turnaround times, utilizing sequencing 

technologies. The statement noted 

that the three genomic sequencing 

systems offered by G42 that support 

long and short reads are used in 

this cooperation to provide clinical 

genomics at scale as a service. 

“The collaboration will fortify 

G42 Healthcare’s clinical genomics 

solutions by leveraging the VarSome 

suite of bioinformatics tools to deliver 

valuable data insights and improved 

outcomes. This partnership is a 

pivotal step in our efforts to reinforce 

UAE’s reputation as the regional hub 

of innovation in healthcare and life 

sciences,” said Ashish Koshy, CEO of 

G42 Healthcare. 




CYBER SECURITY 

WAYS TO FIGHT CYBER THREATS FOR UAE- 

BASED BUSINESSES 

The UAE Cybersecurity Council and the Emirates Nuclear Energy Corporation (ENEC) have 

signed a Memorandum of Understanding (MoU) to establish guidelines and standards for 

cybersecurity in the country’s energy industry. 

In a flash, the world has been 

thrust into a new way of working. 

Employees are working outside 

of the formalities of the office 

environment – and many are 

not used to this. All are facing new 

logistical and productivity challenges, 

and cybercriminals have wasted no 

time in leveraging this. By launching 

campaigns that aim to take advantage 

of the new reality, cybercriminals are 

using social engineering to trick users 

who are typically more distracted 

than usual. Despite many businesses 

restarting office-based work in the 

UAE, there are still many people 

relying on online platforms to perform 

their daily tasks remotely. Eighty-two 

per cent of organizations in the UAE 

faced at least one cyber attack in 2019, 

with more than half (55 per cent) of 

CSOs and CISOs citing human error 

and lack of security awareness as one 

of the biggest IT security risks. 

A FEW RESEARCH ANALYSIS 

There are organizations in the UAE 

maturing in the way they approach 

their cybersecurity strategies. 

Different research highlights how 

UAE companies are optimistic that 

cybersecurity will become more of 

a business priority moving forward, 

with 50 per cent reviewing their 

cybersecurity strategy twice a year or 

more and 69 per cent expecting their 

cybersecurity budget to rise by 11 per 

cent or more over the next two years. 

Cyber-attacks increasingly target 

people rather than infrastructure, 

and this requires a new approach 

by organizations: one that puts 

employees at the centre of their cyber 

threat mitigation plans. It is vital that 

organizations in the UAE, as well as 

across the globe, recognize the human 

factor threat and embrace a peoplecentric 

approach to their overall cyber 

strategy. A key component of this is a 

continuous, customized, and holistic 

training program. 

The more relaxed home environment 

may also lend itself to the potential 

bending of cyber security best 

practices expected in the office. For 

example, using personal machines 

for convenience, using corporate 

machines for personal activity, 

poor password hygiene, or failing to 

properly log in and out of corporate 

systems. 

With the UAE being the second most 

targeted country in the region for 

cyberattacks, the need for companies 

to become cyber resilient has become 

of utmost importance. 

HOW TO PROTECT YOURSELF FROM 

THE ATTACKS 

However, actions now go beyond 

firewalls and anti-viruses. Here is how 

to keep your infrastructure protected, 

according to Dubai-based tech support 

and solutions company Geeks: 

1. Start with the team: 

Cyberattacks usually start at an 

individual level. Be sure to educate 

and train employees on a regular basis 

to increase awareness of security 

threats. 

2. Conduct regular audits of systems 

and software: 

Constant reviews of policies and 

procedures, as well as reducing users’ 

privileges to a minimum, will help 

reduce potential threat channels. 

3. Stay on top of patch updates: 

Hackers target vulnerabilities that 

were fixed in the latest software 

versions in the hopes that companies 

have not updated them yet. 

4. Implement a solution that covers all 

vulnerable channels: 

These include emails, web browsers, 

and applications. Create information 

flow between employees to help 

recognize potential phishing attempts. 

5. Stay up-to-date on new 

technologies: 

Just as new hacking methods appear 

every day, so do new solutions and 

technologies to counter them. Remain 

up to date to help your company stay 

covered against the newest types of 

threats. 

6. Backup your data: 

Make sure your files are backed up 

to prevent a data loss disaster. Do not 

forget that it is just as important to 

test your backup as it is to have one. 




DATA & DATA INTELLIGENCE 

ESTABLISHING A TRUSTED DATA 

ENVIRONMENT 

The ability to detect weak signals, analyze behaviour, combat fraud, and create new 

services depends on having the most up-to-date data accessible. The main goal of the Data 

Governance Act (DGA), which was recently authorized by the European Council, according to 

Frédéric Fourquet, data intelligence product marketing manager at MEGA International, is to 

coordinate data exchanges for increased performance and innovation for businesses. 

How to Create a Data- 

Driven Culture 

The Data Governance Act 

is a European regulation 

on data governance that 

aims to transform the practices of 

private and public organizations. This 

act seeks to organize and control 

the future data-sharing market 

through the core concepts of security, 

compliance, sovereignty, and ethics. 

Global data interchange has evolved 

into a “Wild West,” and the European 

Commission wants to turn it into a 

cornerstone of the economy. 

This new legal framework’s four 

major goals are to support the reuse 

of public sector data, develop a new 

financial model for data intermediation, 

promote this area’s altruism, and 

establish a committee encouraging 

data innovation. 

The Data Governance went into 

effect on June 23, 2022, and will be 

in effect starting in September 2023 

after a 15-month grace period. Several 

European nations and businesses 

are already leading this change. 

The majority of public and private 

participants will need to get ready 

early to take advantage of this chance. 

With the GDPR, Europe was a leader 

in data privacy. This law served as 

a model for similar laws passed 

worldwide, including the California 

Consumer Privacy Act (CCPA) and 

Brazil’s LGPD. We may infer that 

the Data Governance Act, which 

concentrates and perfects all the 

greatest ethical data-sharing methods, 

may have a similar effect in the years 

to come outside of Europe. 

Trusted Data Environment: Not only 

data integration but data integrity 

Based on creating a detailed 

framework for data sharing, the 

Data Governance Act establishes 

a particularly positive incentive 



DATA & DATA INTELLIGENCE 

The information economy is in full swing right now. 

More than ever, businesses can now leverage data and 

analytics to improve their operations. Although there 

are countless applications for data analysis, managing, 

integrating, and cleansing data to make it useful for 

decision-making remains difficult. 

environment (Data Exchange). Both 

on the data supply side and to control 

and monitoring the reuse of new 

data transferred, it establishes new 

responsibilities. 

Registered data intermediaries have 

been given a new accreditation for 

data exchange services. A registered 

data intermediary safeguards data 

flow under stringent technical and 

ethical requirements. This strategy 

guarantees openness and confidence 

among all parties, which is essential 

to ensuring that the European Data 

Exchange market is reputable and 

follows high standards for data usage. 

Regulate Exchanges to Create Value 

Globally, the minimum projected 

gains from data usage include new 

goods and services that boost the 

European market’s GDP by 1% to 

2.5%. Before competing overseas, 

businesses will have an additional 

opportunity to establish themselves 

as regional innovation leaders. 

Companies will have valuable 

resources to support R&D and datadriven 

AI thanks to streamlined 

access and lower purchase costs for 

external data. Start-ups and mid-sized 

businesses, who previously could 

not access or purchase these data 

resources, will profit from this. 

Protection of All Data Types 

The Data Governance Act addresses 

the exchange of both personal and 

non-personal data. Additionally, it 

intends to inspire all public or private 

businesses to promote and establish 

new exchanges. 

These data-related issues haven’t 

been properly addressed in the past, 


but if handled morally and securely, 

they might present new opportunities. 

Thus, the General Data Protection 

Regulation is one of the things that the 

DGA depends on (GDPR). The same 

security safeguards that apply to nonpersonal 

data, such as anonymization 

and obtaining the data owner’s 

consent, also apply to personal data. 

The new DGA is incentive-based; 

it allows each party to choose the 

requirements for effectively reusing 

their data rather than requiring 

anybody to make their data available 

for free or commercially. 

Benefits from DGA 

Even though institutions can 

promote and advance Data Exchange, 

only businesses hold the key to 

reaping the rewards of this new data 

legislation. Everyone must structure 

their data governance and work 

toward industrializing it. Let’s face it, 

joining this “data-driven” strategy will 

need a significant amount of work. 

Several obstacles must be addressed, 

including compliance, cybersecurity, 

identifying opportunities for innovation, 

and choosing and implementing 

technical solutions. 

A new organization and way of 

thinking about businesses and their 

data-sharing methods are part of 

the DGA. Experience has shown that 

business line-driven microprojects are 

the only sources of true innovation. It 

stays fragmented until one topic pops 

out and becomes so significant that 

senior management takes control of it. 

Industrialized Data Governance 

Approach 

It is feasible to choose fresh 

data that aligns with the company’s 

strategic objectives and monetize this 

data using an industrialized approach 

to data governance. A company must 

answer these questions: What new 

data do I need? to accomplish this? 

What are AI-related initiatives active 

in my company right now? Which data 

trajectory ought I to specify? Who 

manages the data governance process 

and organizes it? 

A huge data market is meaningless 

if businesses cannot identify their 

data-related areas of innovation, if 

they do not yet have access to data 

analysis and processing solutions, and 

if their data is neither qualified nor 

utilized. 

The next stage is to designate a 

Chief Data Officer (CDO) if the answers 

to the questions above have been 

provided. And one of the first tasks 

in developing a data governance 

community is building a data catalogue 

that will automatically produce a 

business glossary so that everyone 

in the data community can speak the 

same business language. 

The CDO will need to determine 

whether sectors are interested in data 

monetization and determine the cost 

of the data sets. This is encouraging 

because it means that new, safe 

platforms run by reputable companies 

will have been developed to enhance 

data dissemination, its capacity for 

innovation, and its capacity to support 

stakeholders in making better, datadriven 

decisions. 



TECH 

MY 

MONEY 

ONEPLUS 11 5G 

OnePlus is preparing to 

launch its next flagship, the 

purported OnePlus 11, instead 

of the OnePlus 11 Pro. Max Jambor, 

a leaker, claims that the business 

won’t introduce a “Pro” model with 

the OnePlus 11 series. But OnePlus 

will also release the OnePlus 11 with 

professional features. The OnePlus 

11 is anticipated to go on sale in the 

first half of 2023, especially around 

January. 

The Qualcomm Snapdragon 8 gen 

two chipsets will most likely power 

the next OnePlus 11. The 6.7-inch QHD+ 

AMOLED screen on the OnePlus 11 

will most likely have a refresh rate 

of 120Hz. A punch-hole camera might 

be cut into the top of the display for 

selfies. A 50MP primary rear camera, 

a 48MP ultra-wide sensor, and a 32MP 

telephoto sensor may be included in 

the OnePlus 11’s triple rear camera 

setup. The primary camera may 

include Hasselblad branding. 

According to specific reports, the 

OnePlus 11 will ship with a Snapdragon 

8 Gen 2 SoC. Later in the year, OnePlus 

might also release a Pro model with 

the Snapdragon 8+ Gen2 SoC. 

The OnePlus 11 may be introduced 

with 16GB of RAM and 256GB of 

internal storage, and the phone will 

probably come pre-installed with 

Android 13 OS. 

The OnePlus 11 is also anticipated to 

have an in-display fingerprint sensor, 

Dolby Atmos, Wi-Fi 6E, Bluetooth 

5.2, GPS, and a USB Type-C port for 

charging. It will also support 5G. 

Display: 6.55-inch, Fluid AMOLED 

Screen 

Camera: 50 MP + 48 MP + 32 MP Triple 

Rear Camera 

Battery: 5000 mAh Battery 

Performance: Qualcomm SM8250-AC 

Snapdragon 870 5G (7 nm) 

RAM: 8 GB 

Storage: 128 GB 



GAMING 

When Resident Evil Village 

was due to debut, Re: 

Verse was postponed to 

give it additional polish. 

The game vanished from 

view but has since begun its beta, 

switching from a cell-shaded to a 

more photo-realistic appearance. 

It’s fantastic to see characters from 

various franchise periods placed into 

one arena because it’s meant to be 

a celebration of everything Resident 

Evil. Play as Jack Baker from RE7 as 

he slashes characters; he has never 

met with his garden shears in this 

game. Want to know the outcome of 

the Tyrant stalkers’ war between Mr 

X from RE2 and Nemesis from RE3? 

Well, you can now. 

How is a competitive online shooter 

celebrating all things Resident Evil, 

aside from its charming cast of 

characters that tickle our nostalgia? 

A series that established itself and 

excels when it embraces survival 

terror. Resident Evil has always 


included shooting enemies with 

powerful weapons, but not other 

players. 

Looking at your RE6, Resident Evil’s 

forays into mindless action typically 

fail. However, the franchise frequently 

has its greatest achievements when it 

strikes a balance between frightening 

us and letting the bullets fly, as in 

RE4 and RE: Village. Re: Verse doesn’t 

appear to be aware of this, and we 

find it difficult to fathom Capcom’s 

steadfast desire to engage a market 

that we’re beginning to believe does 

not exist. 

This isn’t to say that multiplayer RE 

can’t work; it can. Online functionality 

was available in earlier iterations of 

The Mercenaries and functioned fairly 

well. Unfortunately, Re: Verse wasn’t 

an option in Village’s rendition of this 

minigame. Also not to be forgotten are 

the storied RE Outbreak video games, 

which set the standard for multiplayer 

Resi. 

Re: Verse is not strong enough to 

compete with shooters like Modern 

Warfare 2 or Overwatch 2. And playing 

one of the numerous RE remakes 

would be preferable for RE enthusiasts 

seeking a burst of nostalgia. 

Re: Verse is the Resident Evil 

universe-based competitive 

multiplayer shooter you’ve always 

wanted if you love these games 

and enjoy competitive multiplayer 

shooters. Fans of the franchise may 

find it a nice diversion, but it doesn’t do 

much to uphold the series’ legacy. 

Developer: Neobards Entertainment 

Released on October 28, 2022 

Available on: Xbox One, Xbox Series 

X|S, PC, PS4, PS5 


TECH 

MY 

MONEY 

EVERYWHERE 

Anew metaverse mega-metropolis 

may be coming soon, and its 

name is Everywhere. It was this 

year’s first brand-new game to be 

unveiled at Gamescom. A confusing 

trailer, including gameplay from 

at least four different genres, was 

shown to the audience. Only when 

Build a Rocket Boy, an independent 

game creator, explained it easier to 

make sense of everything going on. A 

“multi-world experience,” according 

to their spokesman, is a game “where 

gamers may meet, have fun, and build 

their own story.” It’s a game that aims 

to be everything, a notion that has 

historically failed. 

The game with the working title of 

“Everywhere,” developed by Rockstar 

and Grand Theft Auto alumnus Leslie 

Benzies, will debut in 2023 from the 

Edinburgh-based studio Build A Rocket 

Boy. 

One of those games that genuinely 

strives to allow you to travel 

everywhere and complete your 

objectives is called Everywhere. 

You believed that GTA provided 

you freedom? Think again since 

Everywhere is here to take over and is 

frequently referred to as the GTA killer. 

In an entirely new multi-world gaming 

experience, Everywhere “seamlessly 

integrates gameplay, adventure, 

creation, and discovery,” according 

to a press release. This experience 

“redefines how players connect and 

the digital world around them.” 

Currently, Everywhere’s description 

and trailer could be more precise, and 

the official website could provide more 

insight into the film’s objectives. Its 

Reddit sub is flooded with inquiries 

from curious readers. Due to developer 

job descriptions for blockchain 

technology and the vague description 

that sounds like “NFTs in gaming,” 

there have been doubts about it being 

an NFT and cryptocurrency game. 

There is a chance that everything will 

integrate NFTs and bitcoin because 

Build a Rocket Boy has responded 

that they are merely studying the 

technology. However, a lot about the 

game is still up in the air. 

Actually, though the company appears 

to have a sizable crew and is adding 

many new employees, it still seems 

to be a lot of work. Even with industry 

experts on the team, it seems 

improbable that an ambitious game 

from a studio with no prior releases 

will be ready in time. Previous 

initiatives like Identity, Yogventures, 

and Areal made similar promises but 

eventually failed in development. Even 

those that were released frequently 

fell short of expectations. Everywhere 

might be the next open-world game 

to forget, or even worse, it might end 

up being yet another NFT game with 

hollow promises. 



TECH 

THE VICTRIX PRO BFG 

CONTROLLER 

MY 

MONEY 

The Victrix Pro BFG modular gaming controller is a customization-friendly peripheral for PlayStation and PC gamers 

alike to incorporate into their setup. The controller is characterized by its ergonomic construction that promises 

impressive comfort at all times during gameplay, while the removable components support customization. This will 

enable users to swap out the joysticks and buttons according to the specific console they’re playing with rather than needing 

to keep multiple controllers on hand. 

The Victrix Pro BFG modular gaming controller is officially licensed for use with the PlayStation 4, PlayStation 5 and PC 

gaming. The controller can be used in three distinct profiles to make it well-suited for homes with multiple gamers to let 

them enjoy a customized experience every time they play. 



DIGITAL TRANSFORMATION 

UAE AND US 

EMPHASISE 

SMOOTH DATA 

TRANSMISSION 

TO BUILD A 

ROBUST DIGITAL 

ECONOMY 

The UAE and the US, the largest economy in the world, signed a joint agreement on 

data transmission across borders and discussed the significance of data collecting and 

transmission. According to Omar Al Olama, Minister of State for Digital Economy, AI, and 

Remote Working System, the UAE is committed to working with the US and establishing 

practical international cooperation to drive sustainable growth in the digital economy. 

Mr Al Olama said the 

collaboration with 

the US reflects the 

UAE’s global message 

on the importance 

of promoting partnerships and joint 

initiatives between governments, 

solidifying international stability and 

economic cooperation. 

Mr Al Olama held a meeting with 

Arun Venkataraman, assistant 

secretary of commerce for global 

markets and director general of the 

US and foreign commercial service, 

Sean Murphy, Charge d’Affaires at the 

US embassy in Abu Dhabi, and Meghan 

Gregonis, US consul general in Dubai. 

He said the meeting reaffirmed 

the importance of building digital 

foundations based on data, knowledge 

and innovation. It will also enhance 

the ability to collect data and facilitate 

its transmission across borders to 

ensure the development of the digital 

economy, sharing solutions to pressing 

challenges and developing digital 

systems to achieve rapid growth in 

trade and the digital economy, Mr Al 

Olama added. 

“Today’s announcement signals our 

countries’ commitment to ensuring 

robust data privacy protections, 

which are crucial to innovation and 

development of the digital economy 

and the future of US-UAE trade,” Mr 

Venkataraman said. 

The meeting also discussed the 

expected benefits of accelerating 

digital transformation in the global 

economy and increasing the use of 

technology to supply services. 

It touched on the importance 

of empowering the workforce 

and consumers, enhancing risk 

management capabilities and 

increasing innovation and economic 

growth. 

Since 2009, the UAE has been the 

number one export market for US 

goods in the Middle East and North 

Africa. 

Last year, bilateral trade reached 

$23.03 billion, with the US exporting 

more than $17bn of goods and services 

to the UAE — a 16 per cent increase 

from 2020, official figures said. 

This robust trade relationship 

reflects the success of the UAE’s 

increasingly diverse economy, of which 

non-oil sectors account for nearly 70 

per cent. 

Earlier this month, the UAE and 

the US signed an agreement to invest 

$100bn to produce 100 gigawatts of 

clean energy globally by 2035. 




UAE NEWS 

Abu Dhabi-based InsurTech Wefox 

aims to double revenue in 2023 

Wefox, an insurance technology 

startup sponsored by Mubadala 

Investment Company in Abu Dhabi, 

plans to roll its technology out 

to additional brokers in 2023 and 

increase its revenue to €1.2 billion 

($1.25 billion). According to Julian 

Teicke at Abu Dhabi Finance Week, the 

Berlin-based company, which offers 

insurance products through internal 

and external brokers, aims to fill a 

gap in the $5 trillion global insurance 

market. 

Abu Dhabi-based G42 Cloud 

partners with SAP to enhance 

digital transformation of the public 

sector 

A deal between the German software 

giant SAP and G42 Cloud, a division 

of the artificial intelligence startup 

G42 in Abu Dhabi, aims to support 

businesses in accelerating their 

digital transformation through the 

use of the cloud. According to the 

cooperation, SAP services will be 

used for consumer initiatives in the 

private sector as well as operations 

of businesses in the public sector 

and regulated firms, according to a 

statement released by G42 Cloud. 


Zomato terminates food delivery 

services in the UAE 

Some employees in the emirates will 

lose their jobs as a result of Zomato’s 

planned discontinuation of its food 

ordering service in the UAE which 

started on November 24. According to 

a Zomato representative, the impacted 

employees will get a severance payout. 

It also covers the cost of healthcare for 

our people and their families, as well 

as “financial and immigration support, 

and outplacement opportunities.” 

ADGM Academy launches school 

of Digital Assets to expand digital 

education in region 

A School of Digital Assets has been 

established by Abu Dhabi Global 

Market Academy, the educational 

arm of the UAE capital’s financial free 

zone, to oversee the advancement of 

new digital competencies. The new 

institution will provide foundational, 

intermediate, and advanced level 

programs. It was announced during 

Abu Dhabi Finance Week. The 

metaverse, non-fungible tokens, 

cryptocurrencies, blockchain, 

decentralized finance, or DeFi, and 

cybersecurity are just a few of the 

topics they will cover. 

ADGM partners with ADIB, 

RAKBANK and Wio Bank to support 

businesses in Abu Dhabi 

The international financial hub in 

Abu Dhabi, Abu Dhabi Global Market 

(ADGM), has teamed up with Abu 

Dhabi Islamic Bank (ADIB), Wio Bank, 

and RAKBANK to promote knowledge 

sharing on recent developments in 

banking and assist small and mediumsized 

enterprises (SMEs) with access 

to essential financial services. 

Masdar collaborates with Jordan’s 

Energy Ministry to implement 

renewable energy projects 

The Kingdom of Jordan has reaffirmed 

its commitment to sustainability 

and decarbonization by signing a 

preliminary agreement with Masdar, 

an Abu Dhabi-based clean energy 

corporation, to build renewable 

energy projects in the country. The 

two organizations will investigate 

investing in renewable energy projects 

in Jordan with a production capacity of 

up to 2 gigawatts under the agreement 

reached at the Cop27 climate summit 

in Egypt, according to Masdar. 

Masdar collaborates with Jordan’s 

Energy Ministry to implement 

renewable energy projects 

The Kingdom of Jordan has reaffirmed 

its commitment to sustainability 

and decarbonization by signing a 

preliminary agreement with Masdar, 

an Abu Dhabi-based clean energy 

corporation, to build renewable 

energy projects in the country. The 

two organizations will investigate 

investing in renewable energy projects 

in Jordan with a production capacity of 

up to 2 gigawatts under the agreement 

reached at the Cop27 climate summit 

in Egypt, according to Masdar 


GAMING 



Games based on the Dragon 

Ball franchise have 

historically fallen into 

two primary categories. 

Fighting games are the 

most prominent genre, as evidenced 

by titles like the superbly produced 

Dragon Ball FighterZ from a few years 

back. The second category is action 

RPGs that incorporate elements of 

fighting games, such as Dragon Ball Z: 

Kakarot and Dragon Ball Xenoverse 2. 

Dragon Ball: The Breakers, released 

by Bandai Namco in 2022, is a new 

entry in the Dragon Ball franchise. 

Dragon Ball: The Breakers is a 

multiplayer survival game that can 

only be played online instead of a 

traditional fighting game. 

The gameplay of Dragon Ball: The 

Breakers is comparable to that of 

games like Predator: Hunting Grounds 

and Dead by Daylight. In these games, 

one player takes on the role of a 

monster who must eliminate every 

other team member. 

In the game Dragon Ball: The 

Breakers, there are seven players, 


and the monsters are Cell, Frieza, or 

Buu. The remaining seven players are 

regular people without Goku’s or other 

Z fighters’ unique abilities. 

The game Dragon Ball: The Breakers 

has a nice tutorial that is very long and 

is led by the character Trunks. You can 

design your human character, and he 

will instruct you to withstand hostile 

character attacks. 

The game’s Practice mode is another 

fantastic feature. It’s incredibly 

beneficial. Before playing with and 

against real online gamers, you may 

essentially learn how to survive in 

Practice mode. Before choosing to 

begin playing the game for real money, 

you are free to use the practice mode 

as many as you like. 

You can select your preferred 

fighting style and skin type before the 

game begins. For instance, you can 

play as your original character or one 

of the many well-known Dragon Ball 

characters. You can also play as other 

characters, such as Oolong the pig and 

Bulma. 

In Dragon Ball: The Breakers, there 

are different strategies you can use to 

help your team win games. Depleting 

the Raider’s life bar is the trickiest way 

for the team to triumph. Using the Z 

fighters’ brief special abilities, you can 

use a bazooka or team up with other 

players to combat. 

Released on October 14, 2022 

Developed By: Dimps 

Available On: Nintendo Switch, 

PlayStation 4, PlayStation 5, Xbox One, 

Xbox Series X and Series S, Microsoft 

Windows 



WEB3 

FIVE WAYS THE METAVERSE COULD 

BE REVOLUTIONARY FOR PEOPLE 

WITH DISABILITIES 

The concept of virtual 

mobility has long been 

used to describe how the 

internet can provide an 

accessible alternative to 

activities that usually require physical 

mobility. Virtual mobility was in 

full swing during the pandemic, as 

work, entertainment, and socializing 

efficiently moved online. The Metaverse 

– the next phase of the internet 

powered by virtual and augmented 

reality (VR and AR) – has the potential 

to take things even further. 

This article will investigate the 

potential of the Metaverse to introduce 

life-changing benefits for disabled 

and older people, as well as develop 

solutions to improve its accessibility 

and inclusivity. 

Five ways the Metaverse could 

be revolutionary for people with 

disabilities: 

1. Social life 

The benefits of conventional social 

media for disabled people have been 

long established. Designed well, 

social spaces in the Metaverse will 

advance these benefits through virtual 

social reality, which mimics in-person 

interaction and permit people to 

interact freely without obstacles in 

the physical world. Notably, users 

in Metaverse platforms like Meta’s 

Horizon Worlds can represent 

themselves using virtual avatars. 

Research suggests that virtual avatars 

are a means through which some 

disabled people reflect aspects of their 

disability as a central part of their 

identity. 

Others may self-represent through 

avatars that are imagined. The 

Metaverse gives users freedom and 

creativity regarding how they want to 

be seen and eliminates preconceptions 

that disabled and older people might 

face when interacting with others in 

person. 

2. Education 

The Metaverse can potentially 

improve the range and quality of 

education delivery pathways available 

to disabled users and late-life 

learners. Immersive technologies 

mean that higher education can be 

delivered engagingly without requiring 

physical attendance. 

This delivery mode would eliminate 

some factors that exclude many people 

from accessing quality education, 

such as needing to move away from 

home or travel to a physical campus. 

There are also numerous opportunities 

to use the Metaverse for remote 

coaching, personal development, and 

skills training. 

3. Work 

A recent survey by Microsoft found 

that only 16% of the 31,102 survey 

participants, across generations, 

did not see themselves carrying out 

at least some of their job duties as 

“metawork” shortly. The pandemic has 

shown how quickly we can adjust to 

new working methods. Many people 

expect to work in the metaverse one 

way or another. 

The Metaverse can provide access to 

the types of work that one’s disability 

or age might otherwise make it 

difficult for them to access in the 

physical world. A growing community 

of designers is getting ready to create 

virtual interiors that will exist only 

within the Metaverse. Other areas 

with attractive metaverse-based job 

prospects are digital fashion, real 

estate, and building the Metaverse 

itself. 

4. Entertainment and leisure 

The pandemic brought music to 

the digital world in new ways, with 

artists from Travis Scott to Ariana 

Grande performing in virtual spaces. 

Gigs in the Metaverse are just one 

entertainment option – virtual cinemas, 

theatre performances, and museum 

and gallery exhibitions are already 

taking place. Tourism is another arena 

where the Metaverse can provide 

opportunities to travel through digital 

environments. Tourists could also 

explore remote physical locations from 

the comfort of home through a virtual 

reality headset, making travel more 

accessible and affordable. 

5. Healthcare and wellbeing 

The Metaverse can also become 

a powerful platform in the medical 

world, useful in different fields of 

medicine. For example, extended 

reality (XR) simulation can be used 

for various types of medical education 

and training, such as emergency 

response and mental health. VR and 

AR can also enhance medical imaging 

in radiology and support diagnostics, 

treatment planning, and medical 

research. Another area of medicine 

where the Metaverse has potential 

is telemedicine. VR can facilitate 

remote consultation, especially 



WEB3 

where the medical personnel is not 

geographically available, like in many 

rural regions. It is worth noting that 

the Metaverse is not meant to replace 

life and experiences in the physical 

world but to offer new options. 

However, for its potential to come to 

fruition, the Metaverse must be built to 

be accessible, inclusive, and equitable 

across the spectrum of ability and age. 

This applies not just to the functional 

aspects but also the social elements. 

Other challenges with privacy, security, 

safety, communication, and ethical 

behaviour are also likely to emerge. 




WHEELS 

2023 TOYOTA SUPRA 3.0L GR 

The 2023 GR Supra, Toyota’s 

pinnacle sports vehicle, makes 

up for the brand’s more subdued 

sedans, hatchbacks, and SUVs with 

enough thrills, panache, and drama. 

The GR Supra, created and constructed 

alongside the BMW Z4 convertible, 

has comparable build quality and 

less complex but attractive interior 

elements. Although the 255-hp 

turbocharged four-cylinder engine 

at the base level offers more than 

enough power, we can’t help but 

appreciate the savage, optional 382-hp 

turbocharged 3.0-liter BMW inline-six 

that propels this two-seater. The only 

configuration is rear-wheel drive, and 

the GR Supra excels on winding roads 

and race tracks thanks to its surefooted 

chassis and precise steering. 

Even so, the GR Supra continues to 

be one of our favorite sports cars. 

BMW parts might too heavily influence 

it for certain Toyota fanboys, and its 

sweptback external design produces 

some relatively wide blind spots. It is a 

driver’s vehicle and a lover’s delight. 

Toyota has introduced a six-speed 

manual transmission to the lineup 

for the 2023 model year, no doubt 

motivated by the complaints over 

the GR Supra’s absence of a manual 

transmission. The more potent 3.0-liter 



WHEELS 

turbocharged inline-six from BMW 

will have a free option for the manual 

transmission, and the A91-MT model’s 

new special edition will come standard 

with it. The suspension and steering 

systems have been retuned, and a new 

driving mode called Hairpin+ has been 

included. Hairpin+ allows for greater 

wheelspin on one of the rear tires to 

aid in rotating the GR Supra around 

incredibly tight hairpin turns. 

SPECIFICATIONS 

Horsepower: 382 Hp 

Torque: 368 Lb-Ft. 

Transmission: 8-spd auto w/OD 

Drivetrain: rear-wheel 



GADGET 

REVIEWS 

FUJIFILMX-H2 WITH 8K VIDEO 

RECORDING 

By introducing a new camera 

in its X-series, the Japanese 

multinational conglomerate 

Fujifilm is expanding its array of 

mirrorless digital cameras. A new 

back-illuminated 40.2MP X-Trans 

CMOS 5 HR sensor, which will be 

included in the company’s X-H2 

mirrorless camera, was unveiled. 

The camera also consists of the 

X-Processor 5, which improves 

overall performance and provides 

superior image and video quality. 

Another noteworthy feature is 

the camera’s ability to capture 

videos in up to 8K or 30P with 

compatibility with Apple ProRes. 

The Fujifilm X-H2 has an electronic 

shutter with a speed of 1/80000 

seconds and meets ISO 125 standards. 

It also has a five-axis in-body image 

stabilization system with up to seven 

assistance stops for users when 

shooting videos, a 0.8x magnification 

and 5.76 million dots EVF, and a card 

slot compatible with CF. Additionally, 

the camera has Pixel Shift Multi-Shot, 

which offers better results. The new 

device also has a subject-detection AF 

based on Deep Learning technology, 

which automatically detects a broader 

range of subjects like animals and 

birds, cars, motorcycles, bicycles, 

aeroplanes, and trains, as well as 

human faces and eyes. 

HORIZON MAGSAFE 3-IN-1 

WIRELESS CHARGER 

TThe first double MFi Certified 

foldable wireless charging stand 

in the world ensures that your 

iPhone, Apple Watch, and AirPods 

always receive the quickest and safest 

charging possible wherever you are. 

It is sturdy enough to serve as your 

bedside or office charging stand while 

still being lightweight enough to carry 

everywhere. 

On Indiegogo, this excellent MagSafe 

charger surfaced. It features a highly 

inventive foldable design and is a 3-in- 

1 wireless charger for your iPhone, 

Apple Watch, and Apple Watch. It 

may be folded up or down in various 

ways and can also take on a variety 

of shapes. Additionally, it is fully 

compatible with MagSafe, allowing 

for the fastest possible charging 

of the most recent iPhone models. 

Additionally, it features a pretty 

elegant design constructed of recycled 

aluminium. 



GADGET 

REVIEWS 

VICTROLA MUSIC EDITION 1 

AND MUSIC EDITION 2 

Design is typically one of the 

first things to be sacrificed in 

tufty-tufty Bluetooth speakers. 

Not so with Victrola’s most recent 

pair of portable music players: the 

Music Edition 1 and 2 are incredibly 

fashionable and weatherproof. 

Both models are machined from 

anodized aluminium, which makes 

them much easier on the eye than 

the combination of fabric and plastic 

you’ll find from the similarly priced 

competition. They should look stylish 

inside and outside the house thanks to 

soft-touch rubberized plastic panels 

and buttons that sit flush with each 

unit and contribute to the premium 

feel. They are both rated IP67 water 

and dust-resistant, making them 

perfect for listening to music outside. 



LATEST TECH 

MCLAREN IS USING NEW 

TECHNOLOGY TO CHANGE SPONSOR 

LOGOS ON THE CAR IN REAL TIME 

As part of an exclusive deal 

that the Woking-based 

squad has signed with 

British company Seamless 

Digital, McLaren cars 

will run with the new technology in 

practice sessions for the remainder of 

the season. 

By using the new technology, 

McLaren has achieved a first by 

enabling the team to modify the 

branding on its cars during a race. 

The technology will debut at the USGP 

and be utilized up to the end of the 

current campaign, although only during 

practice sessions. 

To deploy the technology, which 

enables branding or messages on 

panels next to the cockpit opening to 

be altered while the car is in motion, 

McLaren has agreed with British 

business Seamless Digital for several 

years. 

Although it is being used 

experimentally this season, with 

Android branding one of those being 

run using the technology and initial 

logos related to its Google partnership, 

it is hoped that its use can be 

expanded in the future and could also 

be implemented in McLaren’s broader 

racing portfolio before F1. 

Two display modules will surround 

MCL36 cockpits. They will be on each 

side of the driver, according to images 

released by the team. 

According to Louise Evans, executive 

director of brand and marketing at 

McLaren, one of the most exciting 

advancements in digital advertising 

technology. The group anticipates that 

it will enable them to offer its partners 

more versatile branding alternatives. 

We are eager to see how this will 

affect the more significant business 

since being able to switch out the 

brands on our automobiles is a gamechanger 

in our market, Evans said. 

For its other racing endeavours, 

which include IndyCar, Extreme E, 

and, starting in 2023, Formula E, the 

team is considering implementing the 

technology. 

When it added the Google Chrome 

browser’s branding to its wheel hubs 

earlier this year, McLaren claimed 

another advertising first. Lighted 

intersections were tested in the team’s 

postseason testing from the previous 

year. 

Seamless Digital created the 

technology that will be in use starting 

this weekend. “This is only the 

beginning of flexibility on automobile 

branding and motor racing assets,” 

CEO Mark Turner remarked. 

“By making sure the technology runs 

on a Formula 1 car, we have already 

broken the hardest area to innovate 

and are going to disrupt advertising 

throughout F1, motorsport, golf, US 

sports, and ultimately wider more 

popular use,” says the company. 

According to Turner, marketers 

utilize the screens to “deliver 

situationally appropriate messaging.” 

To cater to local markets or account 

for changes in regulations, several 

sponsors already change their logos 

and designs from race to race. 




Israel’s OurCrowd to set up Abu 

Dhabi investment center and AI 

hub 

One of the largest venture capital firms 

in Israel, OurCrowd, is partnering with 

the Abu Dhabi Investment Office to 

extend its activities in Abu Dhabi with 

a new investment hub and an artificial 

intelligence hub. The firms announced 

in a joint statement, during Abu Dhabi 

Finance Week, that the venture capital 

center of OurCrowd Arabia, which 

was incorporated at Abu Dhabi Global 

Market in 2021, will manage deals 

for its current platform and serve 

emerging markets. 

OurCrowd and Adio will also launch 

Integrated Data Intelligence, an AI 

hub, which will be based at ADGM’s 

Hub71 start-up center and is aimed at 

commercializing AI for businesses, the 

companies said. 

Order secures $1m pre-Seed round 

Order, a Saudi SaaS company 

offering technical assistance to F&B 

proprietors, reported that it had been 

successful in raising $1 million. During 

the pre-Seed Funding Round, various 

angel investors were in charge. The 

company’s initial efforts to grow 

its market share and improve the 

innovation and development of its 

services are represented by this round. 

Faisal AlAnazi, Order Founder and 

CTIO, commented, “Investors’ belief 

in us is the main motive for us to 

have continuous development and 

innovation for the services we provide 

in the company, which will give us a 

competitive advantage in the market 

as our solutions are comprehensive 

and offer financial freedom to brand 

owners in this sector.” 


Alcazar Energy Partners concludes 

a $337m funding round from 8 

investors 

Asset management with a focus on 

renewable energy, Alcazar Energy 

Partners, reported raising close to 

$337 million from investors, including 

the European Investment Bank, 

to support its expansion into new 

markets. The money was raised for the 

Alcazar Energy Partners II fund, which 

is domiciled in Luxembourg. The firm 

said that it has a final goal size of $500 

million and a hard cap of $650 million. 

Alcazar said eight investors 

participated in the funding, also 

including the European Bank for 

Reconstruction and Development and 

the International Finance Corporation, 

the private-sector lending arm of the 

World Bank. 

Dubai’s Nakheel receives $4.6 bn 

to fund expansion 

The developer of Dubai’s The Palm 

Jumeirah, Nakheel, has obtained Dh17 

billion ($4.6 billion) in finance as it 

seeks to grow amid the emirate’s real 

estate boom. According to Nakheel, 

the agreement involves a refinancing 

of Dh11 billion and additional funding of 

Dh6 billion to support the development 

of new projects, such as the Dubai 

Islands and other sizable coastal 

developments. 

The Dh11bn refinancing agreement was 

reached through a syndicate of three 

banks — Mashreq Bank, Dubai Islamic 

Bank, and Emirates NBD. 

Abu Dhabi-based Swftbox raises 

$2m in expansion aims 

UAE-based business Swftbox raised 

$2 million in a seed fundraising round. 

Mena Technology Fund, a Londonbased 

investment firm, served as the 

round’s lead investor. Other investors 

in the investment round included 

Polymath Ventures, AirAngels, Ithraa 

Investment Company, and several 

strategic investors from the US, the 

UAE, Saudi Arabia, and Europe. 

FUND ING 

N EWS 

Khalifa Fund teams up with Abu 

Dhabi’s Finance House offering 

support for Emirati-owned 

businesses 

A partnership between the Khalifa 

Fund for Enterprise Development and 

the Finance House company in Abu 

Dhabi will increase the finance options 

available to Emirati-owned small and 

medium-sized businesses. According 

to the Khalifa Fund, the initiative, 

known as the credit guarantee plan, 

will offer its members financial 

benefits, including the chance for 

SMEs to borrow directly from banks at 

more affordable rates. 

Algerian tech startup Yassir closes 

$150m funding round aiming 

expansion 

Technology startup in Algeria Yassir, 

which in Arabic means “easy,” has 

raised $150 million in a capital round 

to help the business grow and further 

develop its core technology. Bond 

served as the lead investor in the new 

funding round, which also included 

DN Capital, Dorsal Capital, Quiet 

Capital, Stanford Alumni Ventures, 

Y Combinator, and several strategic 

investors. 

Dubai’s Fintech Hive hosted 

disruptive startup funding event in 

the metaverse 

The annual Investor Day of FinTech 

Hive, the start-up accelerator 

supported by the Dubai International 

Financial Centre (DIFC), took place 

in the metaverse, allowing its startup 

founders to pitch their ideas to 

investors for the first time in the 

rapidly developing digital market. 

On November 10, the flagship event 

included more than 40 founders 

of financial technology start-ups, 

who networked with the program’s 

knowledge and financial partners, 

FinTech Hive announced. 


AI & ML 

GENERATED HUMANS: AI CREATES 

100,000 FULL-BODY IMAGES OF PEOPLE 

WHO DON’T EXIST 

People who don’t keep up with the current trends may be startled by some of the new 

possibilities AI opens up. AI technology is developing quickly. 

AI is making it simpler 

and easier to create 

convincing-looking 

but completely phoney 

images of individuals. One 

business is now trying to put these 

images to use by making 100,000 AIgenerated 

faces available to everyone 

for free. Many photographs appear 

false, although some are hard to tell 

apart from pictures obtained through 

stock photo agencies. 

Generated Photos is one of the 

many AI companies producing realistic 

photographs of hypothetical humans. 

Faces were initially present, but now 

those faces also have bodies. 

The project, Generated Humans, is a 

collection of 100,000 free whole-body 

photographs of humans who appear 

genuine but are entirely artificial. The 

business claims that depending on how 

it plays out, and this series may either 

be the “worst nightmare of modelling 

agencies” or the start of “new amazing 

chances.” 

The benefits of these nonexistent 

models include never having to worry 

about likeness rights and not having 

to sign model releases. The “pictures” 

are GDPR and CCPA compliant, claims 

Generated Photos. 

The designers developed a 

proprietary dataset by capturing 

thousands of photographs of 

individuals in its studio, from which 

the full-body shots are drawn. The 

company claims that because the 

images are shot in a controlled 

setting, “we can ensure that each face 

has a consistent look and quality.” 

Additionally, several races are shown 

to make up for the lack of diversity in 

machine learning and fashion. 

After inputting into several 

generative adversarial networks 

(GANs), the images are then used 

to create subjects that have never 

previously been seen. 

As long as you provide link 

acknowledgement to generate photos, 



you may use the photographs for free 

for non-commercial uses. The staff 

assures you that you won’t need to 

“think about legal problems.” However, 

licenses are required for those wishing 

to use AI-generated characters in 

commercial endeavours. 

A group of twenty AI and 

photography professionals called 

Generated Photos believes that 

Generated Humans would have “even 

greater job possibilities” than AIgenerated 

faces. The models in the 

metaverse, art, fashion, game creation, 

merchandising, academic research, 

and machine learning, among other 

fields, are predicted to have a bright 

future. 

Uses of Technology 

The corporation acknowledges that 

its product has been used in some 

unusual ways. The prevention of crime 

is one such instance. 

“Our images aid law enforcement in 

apprehending felons and paedophiles 

online. As this includes personal 

information and matters still active 

in court, we cannot provide much 

information about it, the business 

notes. 

The resulting images were put on 

a website for COVID-19 patients in 

the United States to demonstrate the 

coronavirus’s enormous effects on 

the nation. Each of the 535,000 faces 

represented a victim of the illness. 

Another intriguing instance included 

a retired librarian who battled age 

discrimination by applying for remote 

jobs using an AI image that resembled 

a younger version of herself. 

Moving Forward 

The business behind Generated 

Photos, Generated Media, already 

operates a Face Generator program 

and aims to develop it into a complete 

body generator. 

The full-body AI samples available 

right now are all of young, trim 

individuals. The business intends to 

diversify by offering customers a 

variety of ages, body kinds, positions, 

and outfits. 

AI & ML 

As long as you 

provide link 

acknowledgement 

to generate photos, 

you may use the 

photographs for free 

for non-commercial 

uses. The staff 

assures you that 

you won’t need to 

“think about legal 

problems.” 



FINTECH 

6 BEST CAREERS IN FINTECH 

Blockchain technology 

effort. It can also facilitate real-time 

Blockchain technology is gross settlement among central, 

gaining popularity due to commercial, and independent banks. 

its inherent security and The financial services industry 

transparency. This technology is looking to blockchain and DeFi 

can revolutionize financial services as more secure and efficient 

such as the stock market, banking, technology sources. As more people 

asset management, and insurance. enter the digital asset space, DeFi 

Fintech companies are adept at and blockchain will expand their 

adapting new technologies to better capabilities and become more robust 

their services. They did it with mobile in terms of scalability and security. 

Internet and digital communications 

Data Scientist 

to facilitate international payments, 

You can start a career in data science 

money transfers, and mobile banking. 

without a degree. Still, you’ll need to 

Now, they have their eyes set on 

be a skilled statistician, well-versed 

blockchain to create the next stage of 

in query languages, NoSQL databases, 

their evolution. 

data visualization tools, and data 

As a result, blockchain is one of the 

science toolkits. It is a high-income 

most in-demand and lucrative jobs in 

job, and according to Payscale, data 

fintech, with an average annual salary 

scientists earn an average annual 

of $101,661, according to Glassdoor. 

salary of $97,665. 

Your role as a fintech blockchain 

The weighing and evaluation of risk is 

programmer may include building apps 

a key tenant of finance. Risk evaluation 

with blockchain technology, developing 

travels across the financial spectrum, 

smart contracts, and creating and 

from creating online working capital 

maintaining decentralized digital 

loans to making investment decisions. 

databases. 

Data science is the backbone that 

Even central banks are experimenting 

allows fintech to build quicker and 

with blockchain because it has the 

more precise credit risk decision 

potential to save time, money, and 

processes than could ever be 

imagined in traditional institutions. The 

preciseness of the evaluation opens 

up an entirely new client base while at 

the same time sharply lowering credit 

risk. Data science allows the online 

capital lender and others to accurately 

determine the creditworthiness of 

an individual by evaluating 15,000 

data points. Items as unexpected as 

application typing speed and word 

usage are used along with traditional 

data like a credit score to build a credit 

risk model. This evaluation can vary 

from basic analytical scores built on 

the volume of spending, from month to 

month, to more complex calculations, 

such as the use of payment records 

and spending habits to target 

marketing, loyalty rewards, and other 

forms of active customer interfacing. 

Product Manager 

Given the lean structure of a FinTech, 

the product manager, along with the 

internal product development team, 

is expected to actively participate in 

business development discussions 

and pitches at incubator and funding 

events. This adds a very strategic 

dimension to the expectations of the 

product manager. Traditionally, a PM 



works closely with the Engineering, 

Design, Analytics, and Marketing 

teams. With so many stakeholders, the 

PM role becomes even more critical: 

after all, it is the PM’s responsibility to 

deliver a great product, and all these 

teams are essential to making that 

happen. 

As FinTechs are pioneers of 

innovation, a product manager is 

expected to develop products by 

adopting unconventional techniques. 

An innovative mindset, customer 

empathy, unconventional techniques, 

and relationship management are 

critical for a product manager to drive 

the growth story of the FinTech firm. 

All the players in the ecosystem are 

assessing multiple ways to enhance 

their customer offerings and create 

a differentiated positioning for 

themselves. The product manager 

can help FinTech firms provide an 

unparalleled customer experience 

through innovative product offerings. 

Cybersecurity Analyst 

The companies that offer financial 

services using technology or some 

application possess a major threat 

of being attacked. Because these 

applications only run with the help 

of the Internet, so the chances of the 

data being hacked are high. These data 

mainly contains personal information 

like bank details, credit number, and 

various other data. If the data is not 

properly handled, it will cause a great 

loss. Hence such companies should 

ensure that they are well secured and 

make sure that they use the latest 

cyber security services in order to 

curb these cybercrimes. Cyber threat 

Intelligence will be coming into play 

to reduce the damage caused by 

cybercrimes. They will keep a close 

watch on the pattern of attacks and 

vulnerabilities. 

The companies referred to in the 

market research report are XL Catlin 

Group Limited, American International 

Group, Axis Holding capitals, GSK 

Insurance, and ten other companies. 

The report incorporates an indepth 

assessment of the competitive 

landscape, product market sizing, 

product benchmarking, market trends, 

product developments, financial 

analysis, strategic analysis, and 

so on to gauge the impact forces 

and potential opportunities of the 

market. Apart from this, the report 

also includes a study of major 

developments in the market, such 

as product launches, agreements, 

acquisitions, collaborations, mergers, 

and so on, to comprehend the 

prevailing market dynamics at present 

and their impact during the forecast 

period 2018-2022. 

Financial Analyst 

If you like numbers and analyzing 

the success of a business, think about 

becoming a fintech financial analyst. 

A financial analyst helps businesses 

make better decisions by compiling 

and analyzing financial information. 

This might include macroeconomic 

data, such as what is going on in the 

global economy, as well as figures 

specific to the company. An analyst 

uses this information to create a 

financial model for the company and 

identify areas in which expenses 

can be cut, revenue can be grown, 

and the company can make more 

money. Review and analyze trends 

of expenses, revenues, and losses 

to identify opportunities to improve 

performance. Review the budget 

on a monthly basis to ensure the 

organization is meeting its financial 

objectives and ensure proper 

resolution of major variances in budget 

Provide direction in determining 

the way financial information will 

be documented, maintained, and 

reported. Manage/contribute to adhoc 

Group Executive Management/ 

Board of Directors requests and due 

diligence processes. Perform general 

accounting activities for company 

entities, including reconciliation of 

accounts and accounting entries. 

Ensure the reliability of the financial 

reporting (internal and external 

reporting). Preparing the accounts for 

company entities by applying all the 

valuations and accounting rules laid 

down by the relevant accounting laws 

and regulations are some of the tasks 

performed by analysts in the Fintech 

industry. 

Quant Analyst 

Historically in the financial markets, 

technology was deployed quite early 

to assist with data processing and 

task automation. As Modern Portfolio 

Theory emerged in the 1950s and 

1960s, the use of machines was a 

natural fit for those seeking to analyze 

stocks, assess the efficient frontier, 

and engage in portfolio optimization. 

With the rise of option pricing and 

quant trading in the 1970s and 1980s, 

computers became a cornerstone of 

the derivatives market. In the early 

1990s, electronic trading platforms 

were introduced and pushed the 

global expansion of the stock, bond, 

and credit markets through the 2000s. 

For quant finance, in particular, the 

spectacular growth in the volume 

and variety of data has driven intense 

activity in machine learning in the 

2010s, and that effort continues today. 


www.thetechnologyexpress.com December 2022 / 35

FITNESS, LIFESTYLE & FASHION TECHNOLOGY 

HIGH FASHION AND HIGH TECH 

The global fashion industry has 

evolved and transformed at a rapid 

pace in recent years, mostly due to 

the influence of new technology. While 

most people are probably aware of 

the mutually beneficial relationship 

between the fashion industry 

and social media platforms, the 

transformation that’s taken place is not 

just skin-deep. 

High-end luxury brands making good 

of technology 

Over the past years, major brands 

such as Burberry, Tom Ford, and 

Ralph Lauren have turned the fashion 

industry on its head by launching 

“see now, buy now” campaigns that 

allow consumers to immediately 

purchase pieces straight off the 

catwalk (when they would otherwise 

have to wait months). These brands 

rely increasingly heavily on new 

technology to efficiently manage their 

supply chains and ensure real-time 

product availability while effectively 

capitalizing on digital media to 

generate brand interest. Depending on 

who you ask, high fashion might mean 

classic Parisian ateliers like Chanel 

or Bode’s one-of-a-kind bespoke upcycled 

pieces. The same focuses pop 

up: high-quality materials, immaculate 

tailoring, and of course, hours and 

hours of handmade craftsmanship that 

elevates garment-making from a skill 

to an art form. 

This work can include intricate 

patterns of embroidered sequins, 

layers of fluffy tulle, or even a sleek 

little black dress; what matters is that 

it draws on years of human expertise 

and developed techniques. The sprayon 

dress at Coperni’s recent Spring/ 

Summer 2023 show poses a new and 

interesting question. 

Ten minutes: That’s how long it 

took for Bella Hadid to go from nude 

underwear to fully dress. She strutted 

down the runway in a dress made on 

the spot with synthetic fibres sprayed 

onto her body and swiftly tailored by 

Coperni’s head of design, Charlotte 

Raymond, to include a draped neckline 

and thigh-high slit. It was sleek, chic, 

and a little sexy. It also defied any 

notion of traditional dress-making — a 

bold reimagination of what it means to 

make a garment. 

Applications using technology in the 

fashion industry 

Pinterest is another app service 

shaping the way people experience 

fashion. With 150 million monthly 

users, Pinterest allows the opportunity 

to advertise to a targeted audience, 

and they are rolling out new features 

to address this. Although still in beta, 

the app is working on a search tool 

that allows people to use their camera 

lens to search for an item, giving 

them similar styles or what to wear 

with it for inspiration. It is incredible 

technology for the app to recognize 

what something is, search for other 

options, and give styling advice. They 

have also released ‘Shop The Look’, 

enabling specific things within the pin 

to be selected, taking the consumer 

through to purchase. 

Virtual reality is another technology 

that is on the cusp of mainstream. 

Wearing a headset, consumers can 

be fully immersed in an alternate 

reality, adding a depth of experience 

to a brand or product. Tommy Hilfiger 

utilized this tech in 2015, adding VR 

headsets to his stores which enabled 

the consumer to “attend” a fashion 

show, see the collection on the 



THE RISING ROLE OF TECHNOLOGY IN 

FASHION 

runway, and even go backstage. In the 

alternate reality version of the show, 

you can walk amongst the models 

and see the garments up close. The 

consumer can then purchase from the 

collection in-store. 

Connecting with the consumer 

Connecting with the consumer 

is no doubt imperative to a 

brand’s success. With the 

development and efficiency 

of chatbots, brands can 

provide personalized help 

to their customer while they 

are on their website. Chatbots, 

in this context, are essentially digital 

sales assistants that use artificial 

intelligence to help online shoppers. 

David Fischer, CEO and founder of 

online publication Highsnobiety, 

says using chatbots to assist 

with their online store can 

deliver news faster than ever 

before. Currently using the chatbots 

exclusively to keep customers up to 

date with new sneaker releases, the 

bots aim to build a loyal relationship 

with fans who visit the site every day. 

The global fashion industry is worth 

approximately $3 trillion dollars. 

As fashion and technology become 

virtually inseparable as we move 

forward, this figure will only increase 

over time. With the help of technology, 

the fashion industry can reach its full 

potential in every part of its supply 

chain. Technology benefits, not only 

brands like Rebecca Minkoff that 

experience increased revenues but 

also consumers who are granted 

more convenience and accessibility 

when making purchase decisions. For 

the fashion industry, the tech trend is 

definitely here to stay. 



WHEELS 

CADILLAC CELESTIQ 

The Cadillac Celestiq is an 

upcoming electric ultra-luxury 

sedan. As the brand transitions 

to a future of battery electric vehicles, 

it will eventually become Cadillac’s 

flagship vehicle. Except for a few 

motor and battery components, the 

Celestiq will be the first car produced 

at the GM Global Technical Center in 

Warren, Michigan. 

The Celestiq display car offers a 

sneak peek at the styling, amenities, 

components, and technological 

advancements that will eventually 

be used in the production model. 

These include GM’s future driver 

assistance technology, Ultra Cruise, 

enabling hands-free driving in most 

practical situations. The Celestiq will 

be among the first cars to feature this 

technology. 

The Celestiq will also be the first 

car to have a Suspended Particle 

Device (SPD) SmartGlass, allowing 

passengers to change the opacity of 

the roof according to their preferences 

by charging particles electrically. 

This technology offers additional 

advantages, such as more headroom 

and an extended driving range. The 

Celestiq’s interior features five HD 

interactive entertainment screens, 

including a large 55-inch LED screen 

that spans the dashboard’s width 

and has digital electromechanical 

shutters to shield the driver from the 

passenger’s screen. 

On GM’s BEV3 platform, the 2024 

Cadillac Celestiq uses a 111-kWh 

battery pack to power a two-motor 

system for all-wheel drive propulsion. 

The ultra-luxury vehicle is equipped 

with a 200 kW DC fast charging 

technology, which can extend the 

range by an estimated 78 miles in just 



WHEELS 

10 minutes at some charging stations. 

To offer the best torque and improve 

the ride quality and the range of an 

electric vehicle, the sophisticated AWD 

system can also disengage the front or 

rear drive motors as needed. 

GM estimates the system will produce 

600 horsepower and 640 pound-feet 

of torque. The Celestiq boasts unique 

11.59:1 front and 11.63:1 rear gear ratios, 

uniquely intended to enhance range 

and performance, unlike other Ultiumbased 

EVs. The vehicle can go from 0 

to 60 mph in 3.8 seconds because of 

its excellent horsepower and torque. 


Type: Electric vehicle 

Battery: Ultium 

Horsepower: 600 

Torque: 640 pound-feet 

Acceleration: 0 to 100 km/h in 3.8 seconds 

Drive wheels: AWD 



COVER STORY 

“A lot of NFT projects are still following Web2 rules and 

traditional rules for fundraising and building businesses without 

understanding the important differences Web3 requires to succeed.” 



COVER STORY 

MARIO NAWFAL 

FOUNDER, IBC GROUP 

M 

ario started his career by selling blenders door to door which led to him 

establishing Froothie Australia, Mario continued his entrepreneurship journey 

by establishing a range of brands in various niches including kitchen appliances, 

personal mobility, fitness and e-cigarettes. Leveraging the infrastructure and 

connections developed throughout his entrepreneurship journey, Mario established GoGlobal, 

IBC, We Are Growth Hackers, TheRoundtable Club and NFT Technologies. 

Exclusive to The Technology Express 

A brief introduction of yours 

highlighting your major milestones & 

achievements 

Major milestones include launching 

my first business and e-commerce 

business from nothing to seven figures 

in the first year and to eight figures in 

year two. 

So that’s milestones number one 

and two, and then starting the biggest 

event in the health and wellness 

space in Australia the next year, and 

then getting into b2b with IBC in the 

crypto space in 2017, launching it from 

almost nothing to one of the biggest 

consulting firms in the crypto space in 

2017 and 2018. 

Then getting scammed and lost 

millions and still survived in 2018 as 

both of my companies, Froothie and 

IBC, got heavily screwed in the same 

year. Both of them are doing incredibly 

well and achieving record numbers 

this year. Co-founded NFT Tech and 

took it public on the stock market in 

2021. These are probably my major 

milestones, and obviously, I became an 

international Bachata artist in 2020, So 

I travel the world dancing the Bachata 

at events. I would also like to mention 

migrating as a kid from a third-world 

country to Australia and being able to 

adapt pretty well. This is potentially 

another milestone. Lastly am travelling 

the world and speaking at events as 

of 2020-2021 and doing it on a regular 

basis. One final thing I’ll add which is 

launching the roundtable, which is the 

biggest weekly live event in crypto in 

2022. 


Throughout your journey in building 

and investing in companies, can 

you summarize the most important 

elements of entrepreneurship and 

leadership? 

I’ll put it into three categories from 

least important to most important. All 

three are very important, but I’ll list 

them in order of importance. Again, the 

least important one is working hard. 

So, all else being equal, the person 

who works that extra day, that 

works that extra hour will end up 

winning. All the extra work hours 

and efforts will keep adding up and 

eventually compound so working 

hard is extremely important. Number 

two, which is more important, is 

making sure you’re doing the right 

thing, if you’re working hard building 

a restaurant in an African country, 

it’s going to be pretty difficult selling 

kebabs in some African country to 

make millions, not impossible just 

difficult. If you put in that same effort 

building an incubator in crypto or a 

business in the psychedelic space in 

an advanced economy, your likelihood 

to succeed is significantly higher 

because you’re doing something that 

has higher returns on every hour 

of work. So that’s the second most 

important thing. 

And then the third most important 

thing is timing. If you were launching 

a crypto business in 1995, I’m giving 

an extreme example, it’s not going 

to work because crypto didn’t exist 

back then. People were still figuring 

out the Internet, but if you launched it 

in 2014, 2015, and 2016, when nobody 

was paying much attention to the 

space, you don’t have to do much to 

be successful because your timing is 

spot on. 

So, I would say work hard, do the 

right thing and do it at the right time. 

There is a great video by Bill Gross that 

I always refer to, if you go on Google 

and type Bill Gross’s Ted Talk, you 

will get a TED speech where he gives 

examples of how timing is the most 

important factor for success based on 

his research. 

Those three are the main success 

elements of entrepreneurship, 

working hard, doing the right thing, 

and timing. For leadership, I’d add one 

more element which is important for 

success as well, and that is the ability 

to understand and deal with people 

because you can get everything wrong, 

except hiring the right people and 

managing them well and I made sure 

to do that in launching IBC with very 

little knowledge about crypto, that was 

possible by hiring the right people 

around me back in 2017 until I built 

up my skill set. So, if you manage to 

hire someone that will make sure you 

do the right thing. Hire someone that 

will do all the work for you and do the 

execution. Hire someone else to figure 

out the timing. Hire a hybrid financial 

person, a marketing person etc. All you 

have to do is to manage them well. It 

is kind of playing politics dealing with 

people, you have to motivate people. 

Make sure to implement all the basics 

that give you everything you need to 

achieve success. 


COVER STORY 

Being a very busy man, how do you 

manage to keep upskilling yourself 

consistently? 

I used to read a lot of books until 

I realized that the market especially 

in crypto changes so fast that books 

become outdated pretty quickly. If it’s a 

book about human emotions, humans 

are humans, if it’s a book about 

fundamentals of life, life is life, if it is 

a book about chemistry, chemistry is 

chemistry. Suppose it’s a book about 

the Internet, digital marketing, or of 

course crypto, the space changes 

so fast that books are not the best 

option. So to learn and gain knowledge 

about crypto, I’m a lot more podcasts 

oriented, and that is how I learned 

being an audio guy. So, I learn better 

and absorb information better 

when it’s audio because I have to do 

something while learning like getting 

a massage, travelling, exercising, or 

taking a shower. I have to be doing 

something because if I’m doing nothing 

but listening, my ability to absorb 

information is severely diminished 

when I’m not doing anything else. The 

first thing one should do is understand 

how they learn. Obviously, you can’t 

learn if you don’t know the best way 

you tend to absorb information, and 

the second thing is I’ll make sure I 

learn the right thing because there’s 

so much information. There’s massive 

information overload. So, the ability 

to get my information from the right 

sources is number two. 

There are some things I will always 

do no matter how much money I have, 

for example flying commercial. I’ll 

always fly commercial no matter how 

much money I make. Because I have 

gone through the process of flying so 

many times it became a monotonous 

task, going through security, sitting 

in a café, walking around the airport, 

I’ve gone through this process 

dozens if not hundreds of times that 

it’s a monotonous task for me and 

it’s a perfect time for me to absorb 

information so I tend to learn the most 

at an airport. 

While receiving knowledge and 

learning you should pay attention to 

actions or what we call action steps. 

So, while you’re learning, you’re 

gonna forget very quickly what you’ve 

learned. So, you have to act on what 

you learned pretty quickly. I used to 

use my smartwatch all the time and 

record voice notes on it, right now I 

use my phone. Whenever a good idea 

comes to my mind I make sure to list it 

and I immediately take action because 

I know the human brain forgets really 

quickly. So that’s my tip, learn how you 

learn, do that every spare minute you 

have, and take action throughout the 

process and never depend on your 

memory. 

How do you see crypto and digital 

assets being integrated with the 

startup funding ecosystem? 

It is done through a better 

understanding of tokenomics and 

token structure. So, when tokens were 

pumping in 2017 and again in 2021, VCs 

flocked to the scene. 

They loved tokens and everyone 

wanted to invest in tokens. Why? 

Because they were pumping. But the 

problem is they didn’t understand 

tokenomics or token structure. 

The first step is understanding 

how that works. If you just buy a 

token because you think it will pump, 

you’ll end up buying tokens that are 

structurally flawed and that will dump 

just as quickly as we saw some tokens 

plunging down by more than 99%, even 

though they had a great team and they 

were building up in a fast pace and 

most importantly they were not a scam 

project. They just had a fundamental 

flaw in the tokenomics and it’s not 

just about having utility, does the 

utility work? How does that integrate 

with some projects that raise money 

through NFT tokens and equity? Where 

is the value congregated? 

Understanding is probably the 

biggest hurdle right now for investors 

on both sides of the fence because a 

lot of investors are jumping into tokens 

without understanding how they work. 

At the same time, there are a lot of 

people avoiding investing in tokens 

because again, they don’t understand 

how the value flows through the 

ecosystem when there is a token built 

into it. 

So, I go back to the same thing I 

always say in the space that education 

is heavily needed and the same applies 

to NFTs. What role do NFTs have to 

play in whatever ecosystem has been 

built? A lot of places are building an 

ecosystem that includes tokens and 

NFTs and they have equity as well. 

The best example is Yuga Labs and 

the Board Ape Yacht Club, they started 

with an NFT then they raised an equity 

round, and then they did a token drop. 

They’ve done a really good job at 

it, and as a result the whole token 

structure and the token economics 

started making sense. But it’s very, 

very, very difficult to pull it off. 

What does IBC Group offer to the 

technology community here in the 

UAE? 

Incubation and guidance. One thing I 

found in the ecosystem here in Dubai 

is that there’s a lot of money flowing 

around and a lot of talent. There 

is a strong lack of understanding, 

especially by investors in the 

ecosystem. 

What is the Metaverse? What are 

NFTs? People still look at NFTs as 

digital art and collectables. What is the 

Metaverse? What are NFTs? How will 

the ecosystem look a few years from 

now? 

Understanding the tech and 

investing in the right places, Dubai 

investors want to support the space, 

but they also don’t have enough people 

guiding them in the right direction, 

everyone’s chasing their money. So 

recently we started to try, we are 

working hard to educate the traditional 

money here in Dubai, there’s a lot of 

it about the space so don’t waste your 

assets by deploying them in the wrong 

places. 

We are advising investors to build 

those relationships. We are trying to 

support more Dubai-based projects to 

make sure they have the right token 

structure, the right tokenomics, and 

the right utility for the NFTs when 

they launch them, make sure they get 

the support of the NFT community 

and ecosystem, which is extremely 

important for an NFT project success 

because a lot of projects are still 

following Web2 rules and traditional 

rules for fundraising and building 

businesses without understanding the 

important differences Web3 requires to 

succeed. 

I say this again. A lot of businesses 

are following Web2 rules to build a 

business and raise money for that 

business. Ignoring the intricate 



COVER STORY 

differences within the Web3 ecosystem 

which are extremely important and 

almost needed for project success. To 

our surprise, we did a lot of research 

to get to this conclusion. 

What are the factors that you take into 

consideration before investing in a 

startup or SME? 

1. Understanding of tokenomics and 

token structure 

2. Understanding of the space 

3. The team and how important their 

credibility is to them 

4. Who are their advisors and 

backers 

But how much thought is put into 

token structure, tokenomics, and 

long term rather than focusing on the 

short-term, height and launch of the 

project are very important for me and 

the utility of the token as well, which 

goes back to the first idea of token 

structure and tokenomics. 

What are some of the real-life utilities 

that you predict NFTs will serve? 

NFTs are just digital ownership. 

Look at everything we own right now 

in the physical world and see how 

that would apply to the digital world 

identity. You’re going to own your own 

identity virtually, whether it’s a version 

of the physical identity you have or a 

whole new identity you build online. Ingame 

assets, being able to own assets 

within a game, trade and move them 

from game to game is going to become 

the norm. 

Most assets in the physical world 

will likely have a digital representation 

of them just because of the benefits 

of immutability and the ability to 

transfer them very efficiently without 

the need for intermediaries. Financial 

instruments, tokenization of financial 

instruments and there are just so 

many the list goes on. Just looking at 

the physical things that we own and 

seeing how we can replicate them in 

the digital world should be of sufficient 

answer for someone to come up with 

like hundreds of examples. 

How do you foresee the future of the 

financial market moving forward? 

It is a question I don’t usually answer 

because it’s so impossible to know. 

But I’ve just had so many smart people 

come on my show week after week, 

and I’ve listened to their answer time 


and time again and my conclusion 

really hasn’t changed, the smartest 

people disagree. 

I just have a thesis of investing 

when there’s blood in the waters 

when everyone’s scared and everyone 

seems pretty scared right now. 

Even though I just don’t see enough 

reasons to be scared or as scared as 

they are. There’re reasons I just don’t 

think they’re sufficient. I just don’t 

see the war in Ukraine escalating 

to Armageddon levels considering 

those two assumptions of fear, the 

risk assets are going to do well in the 

near term and the long term, thanks 

to globalization, our economy has 

just become so complex, it’s such 

a complicated economy. I just think 

crypto is well positioned very early, 

growing a lot faster than expected 

and getting adoption a lot faster than I 

expected. For me it’s a no-brainer as a 

place to put in capital and more of my 

time. 

What advice do you have for new 

investors in the crypto space? 

Two points of advice. Understand it. 

Because when you understand it you’re 

going to be extremely excited when 

you understand what NFTs are. It’s not 

just art or collectables. 

Your whole perspective is going to 

change. I’ve had so many traditional 

investors that were sceptical of NFTs 

and after I explained to them very 

objectively what NFTs are, some 

of them invested on the spot. They 

invested like hey Mike, can you buy me 

an NFT? Or where can I deploy capital 

or can you help me invest? Multiple 

times, all I did was explain to them that 

NFTs are not art or collectables. It’s 

digital ownership, art and collectables 

can be NFTs, but it’s a very small 

percentage of what the technology is. 

Their whole mindset changed after 

I explained to them what NFTs are 

and understanding what the open 

Metaverse means is enough to change 

the entire view of the space. I’m talking 

about traditional investors that don’t 

understand the space. Crypto investors 

just look at what happened in 2017, 

2018, 2019, and 2020. If you’re feeling 

hurt by the current bear market, just 

remember that this happened time and 

time again. I should be more excited 

right now to deploy more capital rather 

than being hurt and scared. 

Lastly, what message do you have for 

our readers? 

The best piece of advice I can 

give anyone is to understand human 

emotions. 

Once you understand that, as 

humans, we’re like sheep and we have 

FOMO and we start getting scared 

when everyone else is scared. You 

start to realize that what you feel is 

the right decision could very well be 

the wrong decision. What do I mean by 

this? When everyone was talking about 

every Metaverse being worth billions, 

if not trillions in 2021. 

You’ll be like, hey, everyone’s 

talking about this because everyone’s 

throwing money at this. 

I should be sceptical because it 

just doesn’t add up. It doesn’t make 

sense that something that didn’t exist 

a year ago is suddenly worth trillions 

in people’s minds. Every Metaverse 

project is pumping 100x logically 

doesn’t make sense. So, understanding 

human emotions and understanding 

that the ability to be a contrarian at 

the right time is probably one of the 

most financially rewarding things you 

can do and that will give you a massive 

edge in crypto, it’s easy to understand 

what I just said, but it’s extremely 

difficult to practice because of human 

emotions. When everyone is scared, 

it’s probably a good time for you to 

start getting involved and getting more 

interested in a certain investment or 

asset class. I know it’s nothing new 

for most people, but it’s funny enough 

that people still don’t practice it, a year 

ago, they thought the world was going 

to be changed because of blockchain a 

year later the world’s coming to an end 

and Cryptocurrencies are dead. That’s 

insane! 



WHEELS 


Type: Solar vehicle 

Horsepower: 174 hp max 

Torque: 1,269 lb-ft max 

Acceleration: 0 - 100 km/h in 10 seconds 

Top speed: 160 km/h 



WHEELS 

LIGHTYEAR 0 

The world’s first solar vehicle 

ready for production has been 

unveiled by Dutch solar EV firm 

Lightyear under the name Lightyear 0. 

The solar automobile reached a climax 

on the world stage after six years of 

its invention. 

Lightyear 0’s fundamental technology 

sets it apart from other solar-powered 

vehicles, which is why it has drawn 

greater attention. The engineering 

team created the production-ready 

model after six years of study and 

development. 

The Lightyear 0 has a fastback- 

style body with a highly futuristic 

appearance. Additionally, it has aero 

alloy wheels up front, slim LED 

headlamps, an LED light bar at the 

back, and aero wheel covers. The 

4-seater solar-powered EV has a drag 

coefficient of 0.19 thanks to all these 

aerodynamic features. The electric 

car has a solar roof and bonnet with 

double-curved solar panels covering 

five square meters each. Using these 

panels, you can increase your range by 

up to 11,000 km annually and by 70 km 

daily. 

The car boasts long, elegantly 

flowing body lines that enhance its 

aerodynamic properties and help 

it achieve a drag coefficient of 0.19 

Cd. The company also claims that 

the Lightyear 0 is the most energyefficient 

electric vehicle in the world, 

using just 10.5 kWh for every 100 

kilometers driven at highway speeds. 

It will allow drivers to travel without 

stopping at a charging station or home 

outlet for up to seven months. 



EVENTS 



EVENTS 



MARKETING TECH 

WHY IS 

MARKETING 

TECHNOLOGY 

IMPORTANT? 

I 

n today’s world, falling behind 

in technology means falling 

behind your rivals. Whether you 

work in business, agriculture, 

or education, technology is 

everywhere. Naturally, marketing falls 

under this as well. But did you know 

that marketing technology goes by 

another name? 

As you can see, the alternate 

moniker for marketing technology is 

“MarTech,” which is just the two words 

put together. What is it, then? 

MarTech, or marketing technology, 

is a general term that represents 

technologies used by marketers 

to make their tasks easier. Digital 

marketing typically uses these 

technologies. Offline marketing 

channels can also be optimized using 

marketing technology, or MarTech. 

Marketing technology is a crucial 

component of every organization. But – 

What is the importance of 

Marketing Technology/ MarTech? 

The importance of MarTech can be 

summed up in one sentence: It makes 

marketing more accessible, efficient, 

and convenient for marketers and 

Customers. 

MarTech, or marketing technology, 

is a collective term for all the 

technological tools employed in 

contemporary marketing. As a result, it 

manages the entire marketing process 

from beginning to end and strengthens 

the customer bond. 

Benefits of Marketing Technology/ 

MarTech 

Getting into specifics, the following 

are the top benefits of Marketing 

Technology/ MarTech: 

1. Faster Marketing: Since employing 

MarTech will give you the ability to 

complete marketing tasks more 

quickly, this is a given. You may 

save time using automation bots 

and programs to perform repetitive 

tasks like file format conversion, 

scheduling, and asset discovery. 

You can also delegate the analysis 

of current trends and the creation 

of a list of potential industries for 

your marketing campaign to the 

automation bots. 

2. Better Communication: You may have 

a fluid channel for communication 

with your consumers by employing 

components like CRM and Social 

Media Manager. Additionally, you 

may improve the distribution of 

work and the effectiveness of your 

company’s workflow channels 

by using a CMS and a few other 

technologies. As a result, marketing 

is quicker and more effective. 

3. Smarter Contents: You can use 

various MarTech (marketing 

technology) solutions to produce 

better content. You can gather 

enough information to develop 

personalized content geared to 

draw clients in your niche by 

using insights from SEO tools, 

trend research, and customers 

from analytics. You may improve 

performance, give customers a 

better experience, and deliver 

targeted information. 

4. Build Better Relations: Better 

communication and “smarter 

content” go hand in hand with this 

advantage of marketing technology. 

Gaining your client’s trust will be 

simpler after you open a line of 

communication with them and 

meet their needs. They convey their 

worries and expectations more 

clearly as you gain their trust. As 

a marketer, you may use this as a 

valuable source of information to 

give your customers the services 

and goods they want. 

5. Generate Better leads: One of the 

most significant advantages of 

marketing technology is the ability 

to produce better leads. Looking for 

top trends to create engaging digital 

commercials and other marketing 

campaigns to draw potential 

prospects is simple. Additionally, you 

may use data analytics with MarTech 

to evaluate the effectiveness of your 

marketing effort. You can produce 

better leads by integrating your 

toolkit with some work. 

6. Better ROI (Return on Investment): 

You may improve your return on 

investment by combining automation, 

analysis, and management systems. 

While there will initially be a slight 

delay in more significant ROI, your 

ROI will significantly rise over time. 

Additionally, marketing technology 

follows suit as technology advances, 

guaranteeing that if you play your 

cards well, your ROI will remain 

higher irrespective of market 

conditions. 

When all of these factors come 

together, you get a very effective 

marketing situation where planning, 

understanding your target audiences 

and creating content make up most of 

the process. Once you have these, you 

can use various tools and technology 

to complete the remaining tasks. 




UAE NEWS 

3M establishes new regional 

headquarters in Dubai 

3M has relocated its regional 

headquarters to Dubai Internet City, 

the largest technological hub in the 

Middle East and North Africa (MENA) 

region. Dubai Internet City is a 

subsidiary of TECOM Group PJSC. This 

move demonstrates 3M’s continued 

commitment to the UAE and supports 

Dubai’s goal to establish the Emirate 

as a hub for international innovation 

and production, which is driven by the 

country’s savvy leadership. 

Creative Zone announces 

partnership with Global 

Possibilities. 

In order to support Creative Zone’s 

expansion into important international 

markets and assist other foreign 

entities in obtaining market entry 

advisory for setting up in the UAE, 

Qatar, and Saudi Arabia, business 

setup advisory firm Creative Zone has 

announced its partnership with the 

leading boutique agency in the UAE, 

Global Possibilities. 

Safari Holding inks deal with 

UAE-based HITEK to promote the 

latter’s new technology 

Leading UAE-based smart property 

management solutions company 

HITEK Services, which is part of the 

Farnek group of companies, has signed 

an exclusive five-year partnership 

agreement with Riyadh-based Safari 

Holding. The contract which was 

signed at the Safari Group’s head office 

in Riyadh, allows the Saudi company 

to offer a suite of smart technology 

solutions including CAFM, IoT, BMS, 

energy and carbon management 

solutions, all developed by HITEK’s 

in-house technology team, exclusively 

to building owners and property 

managers, as well as other FM service 

providers and consultants, throughout 

the Kingdom. 

Abu Dhabi to host UAE’s largest 

fulfilment centre to provide 

support for e-commerce industry 

In order to serve the rapidly expanding 

e-commerce sector in the country, 

the Abu Dhabi Investment Office and 

the Dubai-based online marketplace 

Noon have agreed to construct the 

largest fulfillment center in the UAE. 

2024 is the projected opening year for 

the 252,000 square meter complex 

that will be constructed at Khalifa 

Economic Zones Abu Dhabi (Kezad). 

According to a statement released by 

Adio, it will boost the Emirates’ digital 

economy program by generating 6,000 

employment. 


Dubai Chamber of Digital 

Economy’s metaverse academy 

receives more than 150 

applications 

For its recently opened “Future of 

the digital economy: business in 

the metaverse” school, the Dubai 

Chamber of Digital Economy, one of 

three chambers operating under the 

umbrella of Dubai Chambers, got 153 

applications from 27 different nations. 

The specialized training program, 

which was unveiled last month in 

cooperation with the SEE Institute 

in Dubai, is intended to give digital 

start-ups the skills and resources 

they need to create and succeed in the 

metaverse. 

Abu Dhabi Airports inks MoU 

with Groupe ADP to develop 

infrastructure for air taxis 

In order to examine the possibility of 

creating ground infrastructure for air 

taxis in the UAE’s capital, Abu Dhabi 

Airports has inked a contract with 

France’s Groupe ADP, which operates 

airports. According to Abu Dhabi 

Airports, the two parties will look into 

the possibility of using electric vertical 

take-off and landing (eVTOL) aircraft 

to transport people and freight in Abu 

Dhabi. 


APP EXPRESS 

CO-STAR 

Co-Star uses algorithms to evaluate NASA data on planet movements 

and compare it to text authored by in-house astrologers. The app is 

recognized for its straightforward, unexpectedly accurate, and often 

critical insights and suggestions, which have earned it 2 million Instagram 

followers by meme-ifying the zodiac. Users can add friends to keep track of 

their compatibility and receive daily updates; users can pay extra fees to view 

their compatibility with people who aren’t on the app and receive advanced 

readings. 

Co-Star declared in 2017 that it was “the first-ever A.I. It should not have 

been so proud of its powered horoscope app.” Co-Star later raised $6 million 

to bring this top-rated software to Android. 

The Co star app, created by one of the top app development companies, has 

adopted an intelligent market strategy. 

TODOIST 

Todoist is the world’s most popular to-do list and task manager for organizing your life and work. Get tasks 

out of your thoughts and into Todoist, no matter where you are or what device you use, to regain clarity and 

serenity. It’s a simple yet powerful to-do list app named best-in-class by Apple, Google, The Verge, Forbes, and 

other publications. Over 25 million 

people have used Todoist to organize 

their work and lives since 2007, 

completing over two billion tasks. 

There are numerous ways to start 

projects and collaborate with others. 

The program connects with systems 

such as Sunrise Calendar, Cloud 

Magic, Google Drive, Zapier, and IFTT, 

allowing you to connect two services 

interactively and automatically. 

Using Todoist offers you the 

confidence that everything is 

structured and accounted for, allowing 

you to focus on critical tasks. 



APP EXPRESS 

GAS 

Anew social networking app called “GAS” is quickly becoming popular, particularly among high school teens, 

because it allows users to “boost each other’s app.” 

The Gas app is not like other social media platforms. There is no option to communicate or upload anything, 

but you can interact with polls, motivate 

individuals you know, and tell them you have a 

crush on them anonymously. 

Some users may compare it to the BeReal 

app, although Gas maintains your identity 

private. 

The Wall Street Journal calls Gas “the hottest 

app right now,” It was founded by Isaiah Turner, 

Dave Schatz, and Nikita Bier, who also founded 

TBH, a similar app that Facebook acquired in 

2017 but shut down in 2018. 

Like the NGL app, Gas is essentially an 

anonymous question-and-answer app where 

users can engage with others from their 

school, neighbourhood, or others anonymously. 

It promotes small social groups connecting 

without the use of direct messaging. 

HAPPY COW 

HappyCow is a mobile app that assists users in locating vegetarian and vegan eateries in their neighbourhoods. 

Eating less meat is one of the best things you can do to lessen your impact on animal agriculture, which is 

one of the primary contributors to greenhouse gas emissions. HappyCow makes it simple to identify plantbased 

dining options while you’re out and 

about, allowing you to stay on track even 

when you’re not cooking at home. 

You can use the HappyCow app to find 

vegan and vegetarian restaurants (as 

well as those with vegan and vegetarian 

alternatives) worldwide! 

For Android, there are both premium 

and free versions. However, there is only 

a premium version available for Apple 

devices. However, both paid versions cost 

$4, which is acceptable if you want to use 

them frequently. 

HappyCow today has over 150,000 

businesses and over 2.5 million users 

worldwide. Because of this, you will have 

no issue obtaining an inclusive dinner 

everywhere you go. 



ROBOTICS 

ROBOTICS AS A SERVICE 

In line with the Everything as a Service philosophy, Robotics as a Service, also known as Robots as 

a Service or RaaS, is changing how small and medium-sized companies automate their processes. 

Robotics, once the domain of big businesses with lots of resources, is increasingly revolutionizing the 

global business environment. 

Companies in various industries need to be aware of this for the advantages and difficulties that new 

technology will present. It will eventually become commonplace to have robots carry out specific 

activities. 

What Is Robotics as a Service 

(RaaS)? 

RaaS is all about automation. 

It alludes to service-oriented 

computing in which businesses 

can employ robots as needed. This 

means that it is not essential to 

purchase them directly, which helps 

small and medium-sized enterprises 

with no liquidity for such expensive 

investments lower capital expenses. 

Consider it as if it were a lease, for 

example. More businesses can access 

automation technology through OPEX 

rather than CAPEX costs by hiring 

robots as just another computerrelated 

service. This lowers entry 

hurdles for companies looking to 

automate risky, boring, and repetitive 

jobs that must be completed precisely. 

How does robotics as a service work? 

When a business obtains licensing 

for a real industrial or service robot, 

this is a typical use case for RaaS. The 

software-as-a-service (SaaS) model 

and this are similar. The actual robotic 

device and the technology that powers 

it are not owned by the corporation. 

Instead, they obtain a license to utilize 

the robot for their business. For 

the continuous use of the RaaS, the 

company must pay a monthly cost. A 

contract between the robotics provider 

and the industry specifies the prices 

and other conditions for using the 

robot. 

Benefits of Having Robots as a Service 

Businesses had to deal with the 

high costs of owning robots before 

this service was available. It’s not 

just about getting them. Robots 

require upkeep, network connectivity, 

and accurate calibration for certain 

operations. When using robotic 

services, all these are now delivered 

by a third party. 

Companies don’t need to worry 

about having specialized technological 

knowledge to employ the required 



ROBOTICS 

robot capacity. Even more, firms may 

quickly scale up or down when needed, 

assisting all organizations in adapting 

to shifting market conditions. This is 

feasible because RaaS is adaptable. 

Software for robots can easily be 

updated and kept track of. Based on 

real-time data and Machine Learning 

algorithms, robot service providers 

can use the cloud to deploy new units 

and modify existing setups. 

Having robotics as a service has 

some of the following advantages: 

• Automate repetitive tasks. 

• Cheaper than buying robots. 

• Operational tasks are delegated to a 

third party. 

• Robots are integrated through the 

cloud. 

• Operational excellence. 

• Collect valuable data through robots. 

• Implement powerful ML features. 

• Reallocate low-value labour costs to 

more valuable tasks. 

• High precision for demanding tasks. 

RaaS Foundations 

For many, RaaS is a combination of 

the following: 

• Internet of Things (IoT) 

Typically, robotic equipment runs 

on an IoT industrial platform. In other 

words, they can function like any other 

Internet-connected IoT device, enabling 


businesses to obtain real-time data 

and monitor processes. Additionally, 

users can operate robots using IoTcompatible 

devices like smartphones 

by setting up an IoT network for a 

robotic system. The ability to monitor 

robot-driven processes is made 

possible by effective IoT apps. 

• Cyber-physical System (CPS) 

Software and physical components 

communicate with one another in a 

cyber-physical system. Software that 

is easily editable via cloud computing 

is used to control robots. In some 

instances, consumers can even have 

direct control over them. Since every 

business requirement is unique, there 

is no ideal strategy for using robots. 

Businesses must comprehend that 

robots represent a bridge between 

their business processes and the 

actual world and algorithms or the 

world of bytes. 

• Autonomous Decentralized System 

(ADS) 

Robots’ ability to function 

autonomously while still interacting 

with one another and their 

environment is a crucial aspect of their 

design. This enables the creation of 

intricate interactions between robots 

and their surroundings. 

• Cloud Computing 

Software and physical components 

coRobots can now be remotely 

controlled with all the advantages 

of wireless technology thanks to 

user-friendly cloud technologies. 

Ironically, this is frequently the most 

significant hurdle many businesses 

must overcome to implement any 

digital transformation strategy. Finding 

a trustworthy DevOps service provider 

who can assist companies with 

implementing cloud technology is the 

best alternative. 

Concluding… 

It’s pretty close to accomplishing 

some duties with a robot. Small 

and medium-sized businesses 

are starting to recognize that it is 

already happening. It won’t be long 

before numerous industries use this 

technology as a standard procedure. 

Before implementing robotic 

technology, businesses must ensure 

that a solid technological foundation 

is in place. If this is not done, there 

will undoubtedly be issues when 

introducing robot-driven automated 

systems. 

It is advised that businesses get in 

touch with subject-matter specialists 

to configure the proper infrastructure 

for a successful robot operation. 

Failure to do so could lead to subpar 

computer systems that quickly become 

outdated and introduce legacy issues. 



WHEELS 

MCLAREN ARTURA 

With the sculptural 2023 Artura 

supercar, McLaren embraces 

a hybridized future of high 

performance. A novel, lightweight 

structure supports the recently 

unveiled mid-engine two-seater. It 

also creates a plug-in hybrid model, 

another first, by combining a twinturbo 

V-6, a first for the brand, with 

a battery-electric engine. The pair 

produce a total of 671 horsepower 

and 531 pound-feet of torque. The 

estimated performance is emphasized 

by a 2.6-second zero-to-60 mph 

time and a top speed of 205 mph. Its 

exterior is McLaren, complete with 

pronounced air vents and scissorstyle 

doors. The 2023 Artura includes 

a more luxurious and roomy interior 

than the 720S and several convenience 

and driving-assistance systems. 

The Artura is a brand-new vehicle for 

the British supercar manufacturer 

that uses a hybrid V-6 powertrain and 

debuts a new platform (MCLA). 

A new hybrid twin-turbo V-6 that 

produces a combined 671 horsepower 

and 531 pound-feet of torque powers 

the Artura. A 7.4 kWh lithium-ion 

battery pack is positioned under the 

back of the cabin and powers an 

e-motor housed inside the casing of 

the eight-speed dual-clutch automatic 

transmission. Even 11 miles of allelectric 

driving can be accomplished 

with the new powertrain. Everyone 



WHEELS 

praised the Artura for its brisk 

acceleration. The company’s new 

Carbon Lightweight Architecture 

(MCLA), which is touted to be lighter 

than its predecessor’s construction, 

is also included for the first time in 

the Artura, another McLaren vehicle. 

Although the handling is razorsharp 

and fun to maneuver around a 

racetrack, it also offers a gentler side 

that makes commuting or highway 

riding more comfortable. 


Engine: V6 Turbo 3.0 Liter 

Trim: Base Coupe 

Horsepower: 671@7,500 

Torque: 531@2,250 

Transmission: 8 Speed Automatic with Manual Mode 



SPACE TECHNOLOGY 

NASA’S DART: 

World’s First Planetary Defense Test 

NASA has announced that 

its experimental spacecraft 

Double Asteroid Redirection 

Test (DART) successfully 

altered the orbit of asteroid 

Dimorphous. After two weeks of data 

collection and analysis, the agency 

found that DART’s impact shortened the 

asteroid’s rotation around its parent, 

Didymos, by 32 minutes. 

“All of us have a responsibility to 

protect our home planet. After all, it’s the 

only one we have,” NASA Administrator 

Bill Nelson, the administrator of NASA, 

said. “This mission shows that NASA 

is trying to be ready for whatever the 

universe throws at us. NASA has proven 

we are serious as a defender of the 

planet. This is a watershed moment for 

planetary defence and all of humanity, 

demonstrating commitment from NASA’s 

exceptional team and partners from 

around the world,” he added. 

Before DART’s impact, it took 

Dimorphos 11 hours and 55 minutes to 

orbit its more giant parent asteroid, 

Didymos. Since DART’s intentional 

collision with Dimorphos on September 

26, astronomers have been using 

telescopes on Earth to measure how 

much that time has changed. 

Dimorphous 

Now, the investigation team has 

confirmed the spacecraft’s impact 

altered Dimorphos` orbit around Didymos 

by 32 minutes, shortening the 11-hour 

and 55-minute rotation to 11 hours and 23 

minutes. This measurement has a margin 

of uncertainty of approximately plus or 

minus 2 minutes. Before its encounter, 

NASA had defined a minimum successful 

orbit period change of Dimorphos as 

a change of 73 seconds or more. This 

early data show DART surpassed this 

minimum benchmark by more than 25 

times. “This result is one important 

step toward understanding the full 

effect of DART’s impact with its target 

asteroid,” Lori Glaze, director of NASA’s 

Planetary Science Division at NASA 

Headquarters in Washington, said. “As 

new data come in each day, astronomers 

will be able to assess better whether 

and how a mission like DART could be 

used in the future to help protect Earth 

from a collision with an asteroid if we 

ever discover one headed our way,” 

Lori added. The investigation team is 

still acquiring data from ground-based 

observatories around the world and with 

radar facilities at NASA Jet Propulsion 

Laboratory’s Goldstone planetary radar 

in California and the National Science 

Foundation’s Green Bank Observatory in 

West Virginia. 

DART has given us some fascinating 

data about both asteroid properties and 

the effectiveness of a kinetic impactor as 

a planetary defence technology,” 

They are updating the period 

measurement with frequent observations 

to improve its precision. The focus is 

shifting toward measuring momentum 

transfer efficiency from DART’s roughly 



SPACE TECHNOLOGY 

22,530-kilometer per-hour collision 

with its target. This includes further 

analysis of the “ejecta” - the many 

tons of asteroidal rock displaced and 

launched into space by the impact. 

The recoil from this blast of debris 

substantially enhanced DART’s push 

against Dimorphos - a little like a jet of 

air streaming out of a balloon sends the 

balloon in the opposite direction. More 

information on the asteroid’s physical 

properties, such as the characteristics 

of its surface and how strong or weak 

it is needed to understand the effect of 

the recoil from the ejecta. These issues 

are still being investigated. “DART has 

given us some fascinating data about 

asteroid properties and the effectiveness 

of a kinetic impactor as a planetary 

defence technology,” Nancy Chabot, the 

DART coordination lead from the Johns 

Hopkins Applied Physics Laboratory 

(APL) in Laurel, Maryland, said. 

“The DART team continues working 

on this rich dataset to understand this 


first planetary defence test of asteroid 

deflection fully.” For this analysis, 

astronomers will continue to study 

imagery of Dimorphos from DART’s 

terminal approach and from the Light 

Italian CubeSat for Imaging of Asteroids 

(LICIACube), provided by the Italian Space 

Agency, to approximate the asteroid’s 

mass and shape. 

Roughly four years from now, the 

European Space Agency’s Hera project 

is also planned to conduct detailed 

surveys of both Dimorphos and Didymos, 

with a particular focus on the crater 

left by DART’s collision and a precise 

measurement of Dimorphos` mass. 

Johns Hopkins APL built and operated 

the DART spacecraft and managed the 

DART mission for NASA’s Planetary 

Defense Coordination Office as a project 

of the agency’s Planetary Missions 

Program Office. 


“DART has 

given us some 

fascinating 

data about 

both asteroid 

properties and 

the effectiveness 

of a kinetic 

impactor as a 

planetary defence 

technology,” 


EVENTS 



EVENTS 



BUILDING AUTOMATION 

HONEYWELL TRANSFORMS OPERATIONS 

IN 4 ICONIC BUILDINGS 

THE JOHAN CRUIJFF ARENA 

The Johan Cruijff Arena (JCA) in 

Amsterdam is one of the world’s 

most sustainable stadiums and 

the home of the AFC Ajax and the 

Dutch national football teams. 

The Johan Cruijff Arena is one of 

the most sustainable stadiums in the 

world. For example, the multifunctional 

stadium uses residual heat to keep 

frost off the playing field, is powered 

by more than 4,200 solar panels on 

its roof and one wind turbine, and 

processes waste as cleverly as 

possible. 

The JCA used a central database for 

gathering and processing data from 

facility systems such as ticketing, 

safety and security, and more. Because 

of this, stadium officials wanted a 

BMS solution that would integrate 

this technical data and then further 

improve both visitor experience and 

building performance. 

The Honeywell team implemented 

an integrated building solution based 

on its “digitized maintenance” solution 

– the next generation of Honeywell 

service driven by analytics and IoT 

integration. The solution taps into 

extensive building sensors that enable 

monitoring and analyzing building 

performance 24/7. 

Assisted by sensors, the Honeywell 

Building Management System collects 

data from the connected equipment, 

controllers, and spaces. Based on 

data analysis, failures can be detected 

earlier so that maintenance can be 

carried out before any inconvenience 

arises and impacts stadium operations. 

The Honeywell BMS supports the 

Johan Cruijff Arena in achieving its 

goals of becoming a flagship in the 

field of data-driven operations — 

where regular preventive maintenance 

transforms into predictable, datadriven 

maintenance. 



THE SYDNEY OPERA HOUSE 

The Sydney Opera House 

announced Honeywell as its first 

Global Goals partner, supporting 

the world-famous performing arts 

centre’s commitment to sustainability, 

diversity, and inclusion. In October 

2019, the Opera House became the first 

Australian art institution to commit 

to the United Nations Sustainable 

Development Goals, which aim to 

address the most pressing issues of 

our time. 

Launching a program to support First 

Nations tertiary graduates with their 

chosen profession. 

Sydney Opera House CEO Louise 

Herron AM said: “As we approach 

the Opera House’s 50th anniversary 

in 2023, we are looking for more 

ways to work with organizations that 

share our vision for positive social 

and environmental change. So we 

welcome Honeywell as our first Global 

Goals partner.” Honeywell technology 

has already helped the Opera House 

reduce its water consumption by 30% 

through improved monitoring and 

supported our goal of reducing energy 

use by 20%. 

This new partnership will enable an 


expanded range of significant projects, 

contributing to the huge collaborative 

effort required to achieve the Global 

Goals.” 

Honeywell Building Technologies 

President and CEO Vimal Kapur said: 

“We are pleased to work with the 

Opera House. We look forward to our 

continued collaboration to identify 

new solutions that will help our valued 

customer achieve their goal to become 

climate-positive by 2023.” 




BUDA CASTLE 

The Buda Castle is part of the 

Buda old town area and is one 

of the most important cultural 

and touristic centres of Budapest. 

Since 1987, it has been a UNESCO 

World Heritage site. The first stones 

of the gothic-style royal palace were 

laid in the spring of 1247, following 

the Tatar invasion, on orders by King 

Bela IV. Thanks to the expansions 

and renovations over the subsequent 

centuries, today, you can find the 

signs of baroque, renaissance, and 

secession styles. 

THE CHALLENGE 

The previously installed IT systems 

were unable to handle the central 

processing and control functions of the 

machines and installations operating 

in the buildings and the required level 

of information. The data of the isolated 

systems and registers are saved in 

different databases, and it took great 

effort to retrieve the information 

required to maintain these systems 

from these separate databases. 

THE TASK 

The objective involves the simple 

and central operability of the machine 

installations in the special exhibition 

areas of these buildings. Precious 

cultural values that require special 

storage have high requirements for 

the engineering systems: a consistent 

temperature and humidity must 

be continuously provided, special 

lighting is required, etc. Due to the 

historical status of the building 

complex, the assembly work could 

only be performed under strict rules. 

In the larger area, an IT network had 

to be created to maintain proper 

communication. 




EIFFEL TOWER 

Honeywell announced its 

sustainable refrigerant 

technology and is supporting a 

new cooling system at the Eiffel Tower 

on January 10th,2022. 

The installation provides a greener 

solution for the Paris landmark’s west 

pillar – home to the Visitor Information 

Center, a souvenir shop, and a 

hydraulic lift that ascends 300 meters 

to sweeping views over the city. 

Honeywell says its Solstice ze 

(R-1234ze) ultra-low-global warming 

potential refrigerant is both energy 

efficient and cost-effective. The new 

cooling system replaces the tower’s 

old, legacy apparatus – and is part of 

a wider mission to improve safety to 

meet EU regulations and reduce the 

tower’s carbon footprint. It is one of 

several major global landmarks that 

has seen a sustainable retrofit as part 

of a global drive for sustainability in 

buildings. 

The system uses Honeywell’s hydro 

fluoro olefin (HFO) technology, which 

helps customers meet environmental, 

social, and governance goals without 

sacrificing performance. The tech has 

a variety of applications, including 

refrigerants for supermarkets, auto 

air conditioning units, insulation, care 

products, and cleaning solutions. 

“Solstice ze provides a long-term, 

environmentally preferable, and costeffective 

solution to tourist landmarks 

such as the Eiffel Tower, helping them 

to increase energy efficiency and 

reduce carbon emissions,” said Julien 

Soulet, vice president and general 

manager of Honeywell Fluorine 

Products Europe. “Globally, demand 

is growing for solutions like Solstice 

ze and Honeywell’s other Solstice 

solutions, which have been chosen to 

cool major structures, including the 

Eurotunnel, because of the benefits 

they provide for companies to meet 

sustainability goals.” 



EVENTS 



EVENTS 



EVENTS 



EVENTS 



SUSTAINABLE TECH 

CAN WEB3.0 

TECHNOLOGIES 

HELP IN 

CREATING 

A MORE 

SUSTAINABLE 

WORLD? 

Not everything about Web 3 is virtual. Web 3’s ability to sustain itself relies 

on the energy that comes from the physical world. However, the next stage of 

Internet development may impact global sustainability. 

When people become 

more aware of climate 

change, these shifting 

marketplaces may have 

a broader impact in 

the future. New ideas and technology 

have already started shaping how we 

produce and consume. 

The world of NFTs, particularly 

how they are changing the world of 

art, is one of the topics explored. By 

allowing artists to interact directly 

with their audience and widen their 

reach, NFT technology has the 

potential to increase market efficiency. 

It also gives consumers a sense of 

authenticity and ownership. 

The NFT market is still very much 

in its infancy, and a big part of the 

problem for digital art is the potential 

environmental harm that can be 

caused by blockchain technology. 

These digital ledgers consume 

enormous amounts of computer power, 

increasing our carbon emissions. But 

Changes are coming. 

Big blockchain changes 

A more environmentally friendly 

cryptocurrency future has already 

been paved by Ethereum, the secondlargest 

cryptocurrency after Bitcoin. 

Ethereum used to run on a Proof of 

Work method but converted to Proof of 

Stake, which fundamentally alters how 

blockchain technology functions and 

resolves many concerns about carbon 

emissions. 

The transfer, popularly known as 

“The Merge,” which took place in 

September, aligns Ethereum with 

other more environmentally friendly 

currencies and significantly reduces 

the pollution produced. The Ethereum 

Foundation estimates that cutting the 

network’s energy consumption would 

reduce pollution by 99.5%. Future users 

of crypto platforms may benefit from 

these more environmentally friendly 

alternatives. 

A shift to a more environmentally 

friendly blockchain 

For many environmentalists and 

creatives, the carbon emissions of 

cryptocurrency transactions have been 

a big negative. 

The past several years, however, 

have offered a glimmer of optimism 

to those who want to see blockchain 

develop into a reliable system for 

online transactions. 

The Ethereum organization 

implemented a new upgrade for its 

transaction technology in September, 

making it 99.5% less polluting. This was 

the most significant development for 

advocates of cryptocurrency who care 

about the environment. 



By figuratively comparing the 

Ethereum organization to a made-up 

transportation company with a 25% 

global market share, “The merging” 

can be further highlighted. Imagine 

it overnight replacing all of its fuelpowered 

engines with zero-emission 

models. 

Additionally, Ethereum accounts 

for around three-quarters of the 

NFT market. As a result, creatives 

and people who have shied away 

from blockchain technologies 

may locate crypto platforms and 

NFT marketplaces dedicated to 

environmentally friendly solutions 

quite readily. 

NFTs pioneer the transition to 

ideology-driven art 

With NFTs, the worth of the work is 

determined by outside factors, such as 

independent digital communities, as 

opposed to the traditional method of 

evaluating art. 

Famous artists can interact with 

communities that value their work 

and motivation and want to buy it to 

support the shared cause by minting 

art in the blockchain to promote a 

purposeful cause. 

In addition, NFT and smart contract 

technology can guarantee the 

openness of artists’ and businesses’ 

commitments to share their sales 

revenue with concerned parties, 

potentially reducing the exploitation 

of vulnerable populations and the 

environment. 

To highlight, blockchain technology 

enables us to easily comprehend how 

an artist or business shares their 

NFT sales among the stakeholders 

involved. We join a group that can have 

a beneficial impact on the world when 

we buy art that fits with a narrative we 

deem important. 

We may participate in intelligent 

consumerism from the buyer’s 

perspective thanks to NFT and 

its smart contracts, improving 

transparency and seller accountability. 

How Web3 can lead to a healthier 

form of consumerism 

As a society, we buy more than ever, 

which causes our natural resources to 

be depleted, contributing significantly 

to our pollution problem. This is 

particularly evident in the fashion 

industry, or “fast fashion,” which 

focuses on quick, inexpensive, and 

mass apparel production. According 

to studies, the typical individual only 

wears 20% of their wardrobe, and 

in most situations, at least 50% of a 

person’s garments go unused. 

The solution is digital. Fashion 

designer Regina Turbina built a Web3 

marketplace for the metaverse to 

address this problem. The Replicant 

marketplace enables users to browse 

a digital fashion boutique, choose 

a new outfit, apply it to a photo of 

themselves, and then receive the new 

digital outfit 48 hours later. 

As long as there are still sales, 

changing our consumption to be 

more digital-based could ensure that 

we maintain economic development 

while enabling us to consume in an 

environmentally beneficial manner. Do 

you recall Ready Player One by Ernest 

Cline? Could a future similar to the 

made-up setting of the novel be nearer 

than we think? Instead of engaging in 

excessive consumption in the “real 

world,” we could support the habit 

by satisfying our demands through 

avatars. This reasoning could also 

be used in areas other than fashion. 

Need a second vehicle? You can have 

as many as you want in a virtual world 

without worrying about your carbon 

footprint. 

It’s an intriguing idea, and - almost 

as a byproduct of increased metaverse 

use and the sales of virtual goods 

within them - will inevitably reduce 

real-world manufacturing and waste. 

Although the distinctions between 

our physical and digital consumption 

already blur, a digital future may turn 

out to be the physical world’s friend as 

parts of blockchain work to become 

more environmentally friendly and 

NFTs search for their place in the 

world. 




STARTUPS IN FOCUS 

KARMSOLAR 

KarmSolar was founded in 2011 by 

Ahmed Zahran, Randa Fahmy, 

Yumna Madi, and Xavier Auclair 

in a cafe in Zamalek with a vision to 

empower Egyptian businesses and 

communities with renewable energy. 

Their mission lies in their ability and 

interest in developing innovative solar 

energy solutions for off-grid and 

on-grid applications & in delivering 

turnkey standalone solar energy 

applications that are cost-competitive 

with fossil fuels. Especially their 

standalone solar energy solutions 

are to be easily integrated with other 

sustainable solutions available in the 

market, such as building efficiency, 

organic farming, and closed-water 

cycle solutions, in order to support 

the development of comprehensive 

solutions across different sectors. 

Their goal is to commercialize 

sustainability, enabling businesses to 

gain from an increase in productivity 

while benefiting from and protecting 

the environment. The name KarmSolar 

was inspired by the Karm Eco-lodge in 

the St. Catherine’s area of Sinai, where 

the founders were on retreat. 

KarmSolar introduced its first solution, 

solar-powered water pumping, and 

signed its first contract with agrideveloper 

Fridal to construct 33 

wells for their farmland in Bahariya 

Oasis. The KarmSolar organization 

grew to include two new subsidiaries, 

KAL and KarmPower. KAL is a highperformance 

architecture design 

firm specializing in human-centric, 

sustainable, and energy-efficient built 

environments. It was previously known 

as KarmBuild. KarmPower serves as 

the engineering, procurement, and 

construction arm for KarmSolar and 

KAL. 

PRESEND 

LAWRENCE (LARRY) HOLISKY and 

DREW WOLFER are the founders 

of PreSend. Larry identified a 

need in the cryptocurrency transaction 

market and immediately implemented 

a solution to this billion-dollar 

industry, and PreSend was born. With 

the end consumer in mind, PreSend 

aims to make EVERY transaction 

on the blockchain safe, thus saving 

millions of dollars for cryptocurrency 

market participants in the process. 

PreSend takes a strategically 

proactive approach, considering the 

problematic nature of having hundreds 

of different blockchains that aren’t 

necessarily compatible or communicating 

with each other. What PreSend does 

is aid its users in the avoidance of a 

mismatched, in terms of blockchains, 

transaction from happening. PreSend’s 

proprietary and patented software 

performs automated double-checks to 

ensure that the user has entered valid 

transaction details and that the user 

doesn’t have to do anything extra for this 

process to complete. 

PreSend.io has partnered with 

Chainlink, and connected with the 

development team, to develop a 

smart contract that automates the 

airdropping process from the Dividend 

Pools for Institutional and Retails 

Member NFT holders. PreSend.io has 

also partnered with Wolfer Finance to 

integrate its network with the Wolfer 

Finance ecosystem and help bring 

PreSend.io to the global community. 



GLEAC 

GLEAC is an education technology 

company focused on building, 

measuring, visualizing, and 

sharing 21st-century skills that 

reshape how we show up on Job 

boards, Resumes and Report Cards. 

GLEAC is a team of nerds with diverse 

backgrounds from various countries, 

each with unique experiences and 

thought processes that challenge each 

other. In an age of automation, skills 

such as critical thinking, creativity, 

and collaboration have leap-frogged 

ahead of hard skills as indicators 

of superior human performance. 

Helping you identify and develop all 

your 21st Century human skills and 

remain competitive is all about it. 

GLEAC is redefining what and how 

to upskill in soft skills to get a better 

job. It is why the startup has clients 

such as Expo 2020, Accenture, Prada 

USA, People Strong, etc. With a 360 

mentor feedback loop, GLEAC boosts 

the success rate of job seekers and 

engineers’ performance of existing 

workforces in just 10 minutes of 

upskilling a day. Using AI, GLEAC 

benchmarks and develops gaps in 

soft skills for any job in 10 minutes 

a day. The technology company then 

signals job readiness in human skills 

STARTUPS IN FOCUS 

such as creativity, critical thinking, 

and communication to any current or 

future job. 

The startup also upskills in gap 

areas and provides a 360 feedback 

loop from an exclusive pool of 500+ 

GLEAC mentors. 

STAKE 

Dubai-based startup Stake is 

offering retail investors from 

across the globe the opportunity 

to buy fractions of rental property in 

UAE’s marquee city and earn regular 

income. The company, founded by 

Manar Mahmassani, Rami Tabbara, and 

Ricardo Brizido in 2020, has raised $8 

million in a pre-Series A round from 

investors like BY Ventures, MEVP, 

and Vivium Holdings to expand its 

portfolio and launch in Saudi Arabia 

and Egypt. Their aim is to build Stake 

to create a digital platform that 

makes real estate investing simple, 

transparent, and affordable to all and 

breaks down the barrier to entry to 

AED 500, identifies the most attractive 

assets in the market and provides all 

transparency you need to make an 

informed investment decision. They 

also manage your investments for 

you end-to-end, from carrying out 

the property acquisition to arranging 

and distributing rent, managing 

payments, all way to executing the 

sale of each asset at the time of exit. 

With Stake, you can become a landlord 

within minutes, create your own 

diversified property portfolio and sit 

back, collecting a second income and 

a best-in-class total return on your 

investment. 

The company first raised a $4 million 

seed round last year. 

Stake currently manages more than 

44 properties with a combined value 

of AED 56 million ($17.9 million). The 

company claims that it has achieved 

an average 17% monthly growth rate 

in both investors and assets under 

management (AUM). 



NEXT STEPS TOWARDS A STRONGER 

SCHOOL SYSTEM WITH ALL UK 

SCHOOLS IN STRONG TRUSTS 

Real-time data Harnessing 

in education 

Real-time performance 

data in education offer 

much-needed tracking of 

program activities and instructors’ and 

students’ development, allowing for 

more informed changes along the way. 

This research presents an overview 

of some of the main factors for realtime 

data gathering in education, 

with a special emphasis on the digital 

tools that enable it. Importantly, the 

research team have created a typology 

of tools and selection criteria to assist 

policymakers, practitioners, and 

researchers worldwide in building new 

tools or choosing from the landscape 

of existing ones. 

Earlier this month, the Queen’s 

speech outlined ambitious goals to 

assist every school in becoming a 

Trust by 2030. As part of efforts to 

raise standards, the school’s Bill 

confirms plans made in the Schools 

White Paper to move toward a “family 

of schools” model. 

As Trusts grow in size, in terms 

of the number of students, staff, and 

physical facilities, it will be more 

necessary than ever for leaders to 

have access to the critical, centralized 

data and information required to 

improve students’ life chances and 

create great working environments for 

employees. 

However, bulky, outdated technology 

stacks and diverse systems are 

detrimental to many Trusts. They 

obstruct leaders from gaining the 

real-time insight they require to make 

smart decisions for the benefit of 

staff, students, and the Trust. Adopting 

cloud technology has been difficult, 

exacerbating the situation and leaving 

teachers and Trust-level personnel 

victims of constant admin labour and 

segregated data. 

Cloud-based technologies are 

essential for educators who want 

to be more productive and engage 

in meaningful, impactful work in 

today’s digital-first, real-time society. 

The moment has come for Trusts to 

leverage the power of real-time data. 

Trusts’ tech is hampering performance. 

As Trusts expand in size and 

geographical spread, school systems 

and processes that can cope with 

the size and scale of a modern Trust 

become increasingly important. 

The time it takes to extract and 

evaluate data from many sources 

impedes trust enhancement. MATs 

are frequently left to manually 

centralize data to provide relevant 

insights, diverting important time away 

from what matters most - boosting 

students’ life opportunities. According 

to research, 44% of instructors 

and school officials did not have 



applications to capture work and 

assessments, and only 39% allowed 

parents to view student data. 

Trusts are data-rich yet data-poor. 

Data-rich because Trust leaders 

receive many reporting requests from 

various schools. However, because of 

separate systems, these take weeks 

to compile, and hence the information 

contained inside them is already out 

of date by the time leaders get around 

to reading them. Trusts are datapoor 

without current and accurate 

centralized data. It’s nearly impossible 

to gauge the impact of changes like a 

new attendance policy or a rewards 

and sanctions system. 

What is required is a laser-like 

emphasis on adopting effective, 

user-friendly EdTech to assist Trust 

leaders in navigating changes today 

and tomorrow through centralized 

data, allowing them to make the best 

decisions for each kid, school, and 

teacher. 

Real-time insights help Trusts become 

top of the class. 

In the long run, using cloud 

technology and the real-time 

intelligence it provides will benefit 

everyone. It provides an easy way 

to see the extent of need across all 

schools. As the market expands, MATs 

will have abundant data that only realtime 

analysis and centralization can 

help turn into actionable knowledge. 

Importantly, the 

research team have 

created a typology 

of tools and 

selection criteria to 

assist policymakers, 

practitioners, 

and researchers 

worldwide in 

building new tools 

or choosing from 

the landscape of 

existing ones. 

Leaders will be unable to make the 

best-informed decisions without 

this actionable insight, and Trusts’ 

reputations may suffer as a result. 

The real-time insight cloud platform 

provides leaders with a comprehensive 

view of the Trust. This is incredibly 

EDTECH 

significant since it enables teachers to 

provide a better and more organized 

education to kids in any situation. It 

also allows for making more informed 

decisions about individual students or 

a school’s overall performance. 

Furthermore, real-time insight 

can expose inefficiencies across 

specific schools within a Trust and 

give the data required to build a wellstreamlined 

manner of functioning. 

It can also encourage conversations 

among co-workers, allowing Trusts 

to shift their focus from organizing 

data to using it to make key decisions, 

allowing them to generate significant 

change as they embark on their growth 

path. 

The School Bill’s implications will 

facilitate growth, and real-time data 

will provide Trust with insight. In 

less time, trusts may generate more 

assessable and understandable 

reporting, display, and representation 

of centralized data. Leaders and 

teachers may gain a holistic view of 

Trust data by tracking trends over time 

and drilling down at the school or pupil 

level, revealing the true story behind 

the numbers and making the best, 

informed decisions. 




AVIATION 

WHAT IS AVIATION MAINTENANCE 

TECHNOLOGY? 

An Aviation Maintenance 

Technician (AMT) may 

do repairs, inspections, 

modifications, or a 

complete overhaul of an 

aircraft or an aircraft component. 

Aviation maintenance technicians 

make sure that aeroplanes are 

airworthy, safe, and functional 

while in flight. There are numerous 

tasks on both sides of this. Fixedwing 

aeroplanes and rotorcraft. 

Aviation Maintenance Technicians 

are individuals who are critical to 

maintaining an aircraft’s effectiveness 

and safety. They maintain, overhaul, 

test, and service aeroplanes and 

their systems. The Federal Aviation 

Administration (FAA) mandates that all 

AMTs hold the Airframe & Powerplant 

(A&P) mechanic rating. You can receive 

your FAA A&P mechanic rating while 

pursuing a career as an aviation 

maintenance technician. With this 

rating, you are qualified to work on the 

airframe, which consists of the wings, 

fuselage, tail assembly, and landing 

gear. You can work on the propeller, 

piston, and turbine kinds of power 

plant. Additionally, you can work on 

the aircraft’s systems, including the 

electrical, hydraulic, and pneumatic 

ones. Some of the crucial duties 

carried out by AMTs include: 

Examine, test, and fix primary and 

secondary structures made of 

fibreglass, plastics, honeycomb, 

composite, and laminated materials. 

Create composite and sheet metal 

structures and parts for aeroplanes. 

Assess the systems and parts of 

reciprocating and turbine engines. 

Maintaining, repairing, and 

overhauling turbine and 

reciprocating engine parts. 

Determine and evaluate the best 

corrosion removal method and 

aircraft cleaning supplies. 

It is influenced by technology, as is 

everything in today’s world. Even 

though aircraft maintenance is 

heavily dependent on people and 

demands a customized touch, a 

window of opportunity for the spread 

of disruptive ideas was created by the 

need for greater efficiency, safety, and 

affordability. 

Technologies that are boosting growth 

in the aviation technological industry 

Drones and robotics 

High-resolution inspection cameras 

on robots capture and send video 

images that SR Technics engineers 

subsequently evaluate. These photos 

allow for extensive repair assessment 

and can be used on the runway and 

in the hangar. Additional capabilities 

like ultrasound and thermographic 

testing make the inspection process 

even more effective. Rolls-Royce is a 

fantastic example of a robotics-based 

company. They may implant their ten 

mm-diameter SWARM robots, which 

were created in partnership with 

Harvard University, in the centre of an 

engine to visually inspect the difficultto-reach 

parts without having to 

remove the engine from the aeroplane. 

Electronic Twining 

Real cloning systems can operate 

concurrently in a digital environment 

thanks to the advanced analytical tool 

called “Digital Twinning.” The creation 

of digital twins aids in increasing 

production, predicting problems, 

and improving efficiency. Boeing is 

developing digital twins to build new 

aeroplanes, run simulations, and 

predict performance. Rolls-Royce is 

creating digital twins of its engine 

designs to increase sustainability and 

cut unnecessary maintenance. Stuart 

Hughes, CIO of Rolls-Royce, stated that 

30 sensors were employed and that 

data was collected roughly five times 

throughout the flight. Today’s engines 

are capable of collecting hundreds of 

data points each second. 




VISIONARIES IN FOCUS 

Mudassir Sheikha-CEO and Co- 

Founder of Careem 

Mudassir Sheikha is the CEO and 

Co-Founder of Careem. 

Careem is a Dubai-based super app 

with operations in over 100 cities, 

covering 12 countries across the 

Middle East, Africa, and South Asia 

regions. The company, valued at over 

US$2 billion in 2018, became a whollyowned 

subsidiary of Uber after being 

acquired for $3.1 billion in January 

2020. Careem expanded into the food 

delivery business with Careem Now in 

November 2018 and launched a digital 

payment platform, Careem Pay, in April 

2022. 

Mudassir started his career with 

Trilogy Software before joining San 

Francisco-based mobile experience 

startup Brience at the height of 

the dot-com bubble in March 2000. 

Mudassir then joined the founding 

team of mobile testing and monitoring 

startup DeviceAnywhere, where 

among other things, he led its 

offshore development centre in 

Pakistan. Keynote Systems acquired 

DeviceAnywhere, and Mudassir joined 

the management consulting firm 

McKinsey & Company in Dubai. 

Amir Barsoum, Founder and CEO of 

Vezeeta 

Amir Barsoum is the Founder and 

CEO of Vezeeta. This leading digital 

healthcare platform offers patients a 

personalized, end-to-end healthcare 

experience from diagnosis to delivery 

of ongoing care and medications. 

Recognized as one of Fortune’s 40 

under 40 global healthcare leaders in 

2020, Amir helped pave the path for 

Vezeeta to become one of the fastestgrowing 

health tech startups in the 

Middle East and Africa region and 

guided the expansion within the B2B 

landscape, with a growing footprint in 

North America, and Southeast Asia. 

Tapping into a US$ 1.1 trillion 

outpatient opportunity, Barsoum 

envisioned and brought to life the 

disruptive model of Vezeeta in 2012, 

which is designed to empower patients 

through data and technology and 

eliminate the most tedious tasks in 

every step of their healthcare journey. 

Vezeeta seamlessly connects multiple 

stakeholders within the healthcare 

ecosystem to offer a one-stop-shop 

solution for all patients and make their 

experience a delightful one. 

Abdallah Abu-Sheikh - Founder of 

RIZEK 

Abdallah Abu-Sheikh is one of the 

top serial entrepreneurs in the MENA 

region and a global keynote speaker. 

He is globally renowned for launching 

ground-breaking future-ready 

platforms centered on sustainability, 

mobility, and digitalization, led by 

unconventional strategies and strong 

business ethics. 

As the Co-Founder and CEO of 

Astra Tech, a UAE-based technology 

investment and development group, 

Abdallah are spearheading the launch 

of a revolutionary new ‘ultra-platform’, 

which will bring together selected 

consumer technologies, products, and 

services. It is specifically designed to 

address the ‘platform fatigue’ many 

users are experiencing today. 

Abdallah also leads BARQ, a firstof-its-kind 

tech-driven network of 

electric vehicles built to serve the 

MENA region’s last-mile delivery 

sector. As the Co-Founder and CEO 

of BARQ, he heads a team that offers 

ground-breaking solutions to address 

the transport industry’s much-needed 

demand for efficiency, comfort, and 

rider safety. BARQ EV has been wellrecognized 

as the first-ever licensed 

drone delivery service in the UAE. 



HEALTHCARE 

WHAT DOES THE FUTURE HOLD 

FOR AI IN MEDICAL DEVICES? 

The Covid-19 Pandemic has turned our world upside down and has taken a significant toll 

on almost every aspect of our lives. While it had a significant detrimental influence, it also 

positively changed our culture. For instance, it greatly hastened the digital revolution. Every 

industry is now more reliant on technology as a result. There is no turning back from this 

point on! 

The healthcare sector is at 

the core of all industries for 

obvious reasons. When the 

infectious coronavirus was 

killing people worldwide 

not too long ago, the healthcare 

industry worked nonstop to limit the 

damage. Because of all the commotion, 

telehealth became essential, 

increasing the use of artificial 

intelligence in the medical industry. 

In recent months, the role of 

artificial intelligence in the medical 

field has been one of the hottest 

talking points, and the adoption of 

this tech is not showing any signs 

of slowing down. The healthcare 

sector relies on AI applications for 

better decisions, managing patient 

data, establishing personalized 

medication programs, identifying novel 

medications, and much more since AI 

can make medical care more human 

with enhanced accuracy and efficiency. 

Use cases for AI and digital health 

As more researchers and healthcare 

startups look for innovative ways to 

enhance patient care and support 

healthcare professionals’ delivery, 

there has been an upsurge in the 

use cases for artificial intelligence 

in healthcare. We may anticipate 

even more radical changes in 

how healthcare is delivered as AI 

technology develops. Among the 

significant new applications of AI in 

digital healthcare are: 

Blood pressure monitoring 

An important aspect of 

cardiovascular health is blood 

pressure. The chance of acquiring 

life-threatening medical conditions, 

including heart disease and stroke, can 

rise in those with high blood pressure 

(hypertension). 

In the doctor’s office, checking 

someone’s blood pressure is a 

standard checkup procedure. If you 

need to check your blood pressure 

readings frequently, you would be 

familiar with the cuff and equipment 

used to test it, and you might even 



have one in your house. These 

techniques are still crucial for taking 

blood pressure, but they are only 

sometimes precisely because of the 

wearer’s movements or how well the 

cuff fits. 

The startup, an AI solution called 

CardioX, uses an ECG recorded 

by a wearable device to assess a 

person’s blood pressure. It offers 

to email the data to the attending 

doctor. Although this method needs 

cuff-based instruments to produce 

accurate measurements, it frequently 

provides information. It highlights 

variations in the individual’s blood 

pressure, enabling earlier diagnosis 

and treatment of illnesses like 

hypertension. 

• Analyzing blood sugar levels 

Consistently high blood sugar 

levels can harm vital organs, the brain 

system, and the eyes, in addition to 

causing health issues. Analyzing blood 

sugar levels is crucial for people with 

diabetes as a result. For many years, 

finger pricking has been the primary 

technique. However, finger pricking is 

not always convenient, and sometimes 

people forget to check their blood 

sugar levels. This is about to change 

for those with the illness thanks to 

new wearable technology and AI. 

The GluCare system is one instance 

of a wearable AI gadget. The device 

can be worn on whatever body region 

is most comfortable for the user. The 

wearable continuously tracks the 

user’s blood sugar levels and utilizes 

artificial intelligence to notify the user 

when levels decrease or rise. Doctors 

can subsequently use the information 

gathered to guide their patients’ 

treatment decisions. 

• Diagnosing diseases from chest 

x-rays 

Medical professionals frequently 

use X-rays to detect and identify lung 

cancer and other respiratory illnesses. 

To identify health issues on x-rays, 

radiologists can use AI in conjunction 

with radiography. AI analyzes photos 

more quickly than humans, pointing up 

areas of concern so a doctor can look 

at them more closely. While doctors’ 

trained eyes can spot abnormalities, 

some may be difficult to spot on a 

scan, or the doctor can benefit from 

a program to help them if they are 

pressed for time. 


Taking the x-rays themselves is an 

additional aspect of AI and radiology. 

Similar to the blood pressure cuff, 

situating the patient and equipment 

correctly can impact the quality of an 

x-ray. Carestream is one business 

that seeks to enhance imaging 

with sophisticated solutions that 

guarantee proper equipment location 

and settings. Again, radiologists 

already have these abilities, but they 

might significantly increase patient 

throughput and accuracy. 

AI adoption challenges in the digital 

medical sector 

So, what stops us from adopting AI 

solutions if beneficial use cases like 

these exist? 

• Data limitations 

Data availability is one of the 

obstacles to adoption. AI needs data 

to be trained, but healthcare data is 

challenging and cannot be considered 

anonymous even after being deidentified. 

Before the widespread 

adoption of AI in healthcare, these 

ethical and privacy problems must be 

addressed. 

The absence of standards is another 

obstacle. Healthcare data is frequently 

unstructured and differs from one 

facility to the next. Different labs 

utilize various measurement tools 

with various normal operating ranges. 

Because of these, it is challenging 

to create models that can be applied 

to multiple datasets and institutions. 

Interoperable healthcare solutions 

would significantly aid in resolving this 

issue. 

• Compliance with regulations 

While AI has enormous promise 

to change healthcare and enhance 

patient outcomes, several regulatory 

obstacles must be removed before it 

can be broadly used. Strict compliance 

with healthcare data standards 

introduces new technology, including 

AI, to market challenges. This is 

related to data privacy once more. 

Many of these rules are concerned 

with protecting patient information and 

ensuring that it can only be seen by 

and shared with specific individuals. 

Another challenge is the review and 

approval processes that healthcare 

technology must undergo before being 

released to the public. The time it takes 

for such items to reach the market 

increases since new AI solutions must 

be validated through clinical research. 

We require a solution that makes 

it simple for healthcare technology 

companies to promote their goods 

without compromising patient security. 

• Future of AI in Healthcare 

Artificial intelligence research in the 

medical field is expanding quickly. The 

following are (at least) forecasts for 

the trends that will be most popular in 

the future of AI in healthcare: 

• Medical Diagnosis of AI. Diagnosis 

prediction is one of the primary 

areas where AI will have a 

substantial impact. Future machine 

learning models will make it 

possible for AI medical forecasts to 

identify medical issues before they 

manifest themselves. 

• Telemedicine. In the future, people 

will be able to receive hospitalquality 

care in the comfort of their 

own homes thanks to machine 

learning-based models. Advanced 

AI chatbots can advise patients 

on their medical care and gather 

information from them regarding 

their symptoms. 

• Electronic Health Records (EHR). 

Although electronic health records 

and artificial intelligence are not 

entirely related, they will play a 

significant part in the future of 

healthcare. EHRs are nothing 

more than the patient’s medical 

records in digital form. It contains 

information on the patients’ 10- 

year medical background, health 

trajectory, and diagnoses. They are 

enormous databases that can be 

mined for vital patient information 

using AI and machine learning 

approaches. 

Wrapping Up 

In short, healthcare is one of the 

most significant industries that 

artificial intelligence will transform. 

The industry has already committed 

trillions of dollars to work with AI, 

demonstrating the magnitude of AI’s 

influence on the healthcare industry. 



INDUSTRIAL TECH 

IMPLEMENTING 

NEW TECH 

TO ENHANCE 

SUPPLY CHAIN 

RESILIENCE 

Building supply chain resilience is more crucial than ever in today’s changing 

world. Sensible technology selection and implementation choices will support 

the ability to withstand disruptions, carry on with regular operations, and 

continue growing. 

Asuccessful business 

depends on efficient supply 

chain management for its 

agility and profitability. 

Resilience is a crucial 

characteristic needed for supply chain 

management and coordination. 

Most industries have experienced 

supply chain interruptions because 

of COVID-19. During COVID-19, many 

businesses had issues that affected 

shipment timing, costs, efficiency, and 

revenues. These effects emphasize the 

value of creating a supply network that 

can withstand a storm and recover 

quickly. 

For this, technology is essential. A 

variety of outstanding technologies can 

increase the resilience of the supply 

chain. Let’s examine the modern 

world’s global supply chain and how 

you might strengthen and adapt. 

Supply chain challenges in a postpandemic 

world 

Because a small issue in one link in 

the chain can have a major impact on 

the entire network, managing supply 

chains can be challenging. Sadly (or 

thankfully), Covid-19 has highlighted 

many supply chain vulnerabilities as 

businesses crumbled under the weight 

of supply, demand, and ability-toservice 

shocks. 

Even though limitations are 

being loosened and borders are 

opening again, there are still several 

difficulties, including labour scarcity 

and a lack of equipment. Consumer 

demands, despite all of this, are still 

changing. Customers are accustomed 

to (and demand) quick delivery and 

flawless experiences due to the pace 

of e-commerce. 

Businesses have been changing 

their operations to preserve 

competition and create more robust 

supply chains. To adapt to changes, 

several businesses are regionalizing 

their supply chains. Others have begun 

investigating supply chain solutions to 

increase operational effectiveness and 

reduce hazards. 

Digital transformation to build a 

resilient supply chain 

Businesses must future-proof their 

supply chains by lowering complexity 

and uncertainties as they adjust to 

the new normal. Future supply chain 

management will depend heavily on 

increased digitization and cuttingedge 

technologies. Companies can 

get many advantages through digital 

transformation, including: 

Higher visibility 

You may improve supply chain 

visibility with blockchain, cuttingedge 

track-and-trace systems, and 

enterprise resource planning (ERP). 

You can see your whole inventory as 

it moves and takes proactive steps to 

reduce risk when you have excellent 

visibility. 

Collaboration is improved because 



strong supplier connections provide 

chain-wide openness. You can swiftly 

coordinate processes and adapt to 

change by regularly working with 

supply chain participants. Technology 

is needed to gather and distribute data 

every step along the way. 

Thanks to data analytics, artificial 

intelligence (AI), and machine 

learning (ML), you will have predictive 

capabilities to keep on top of supply 

chain risk management. By foreseeing 

probable disruptions, for instance, you 

can modify inventory decisions. 

New Technologies 

Here are some of the developments 

that are beginning to make a 

difference. They are enabling the 

establishment of reasonably priced 

factories nearby. They are also 

enhancing operations and cutting 

the time it takes to train employees 

on activities like assembling various 

mechanical or electrical goods on the 

same assembly line from months to 

days. 

• AI + HI. The development of AI, 

particularly human use, presents 

new possibilities to escape the 

cost trap. Cobots, which directly 

interact with humans in industrial 

plants, have undergone significant 


advancements that integrate AI 

and HI to reduce labour costs while 

maintaining the value of human 

oversight. 

• 3D printing. With the development 

of additive manufacturing 

(3D printing), businesses can 

increasingly make various parts 

and goods on a budget. They 

enable companies to streamline 

production in closer-to-home 

plants, lessening dependency on 

numerous and far-off suppliers. 

• Recognition technology. AI-driven 

action recognition technology 

integrates live video with analytics 

in manual production processes 

like vehicle engine assembly to 

make sure that employees are 

correctly performing challenging 

stages without making mistakes. 

The end results are better quality 

control, increased output, and 

datasets that can be utilized to 

enhance procedures. 

• Digital manufacturing solutions. 

These systems provide end-toend 

traceability, enable real-time 

data entry by employees, track 

product manufacturing across 

workstations, and guarantee that 

only high-quality parts are sent 

farther upstream. 

• Three-dimensional simulation. 

They include metaverse software 

applications like Omniverse from 

Nvidia. They enable manufacturers 

to replicate factory architecture, 

workstation design, and assembly 

design and create digital twins of 

their operations. 

• Logistics technology. This sector 

is receiving a ton of investment, 

particularly in technologies for 

managing warehouses, matching 

freight loads to available 

transportation, and choosing the 

most economical route. The rate of 

investment by venture capital firms 

implies that before the end of this 

decade, VC funding for “supply tech” 

will surpass that for fintech. 

Building supply chain resilience 

is more crucial than ever in today’s 

changing world. Sensible technology 

selection and implementation choices 

will support the ability to withstand 

disruptions, carry on with regular 

operations, and continue growing. 



ENTERPRISE IT 

HOW CAN CLOUD ADOPTION 

ACCELERATE ENTERPRISE DIGITAL 

TRANSFORMATION? 

From remote working to online classes and cloud kitchens to financial transactions, Cloud 

Computing is one technology that underpins all digital business models. It’s no exaggeration 

to say that cloud enables business. 

Survey after survey has 

claimed that the Cloud 

Computing market 

continued to grow. As 

per a recent Gartner, 

Inc. forecast, the total public cloud 

services segment has grown from 

$270 billion in 2020 to $332.3 billion 

in 2021. Emerging technologies like 

containerization, Desktop as a Service 

(DaaS), and edge computing are 

driving major cloud spending. 

As organizations recover back to the 

pre-covid levels, Cloud Computing is a 

powerful technology available at their 

disposal to accelerate transformation 

plans. Cloud Computing gives 

organizations the power to co-innovate 

with cloud service providers and offers 

intelligent digital solutions that are 

accessible, adaptable, and agile. 

Digital transformation is the drive 

toward utilizing digital technologies 

in practically every part of an 

organization, replacing outdated 

business procedures and customer 

engagement techniques while also 

fostering new innovations inside the 

digital business culture. 

To stay competitive, a growing number 

of businesses have begun their digital 

transformations as we transition to 

a more digitally advanced society. 

Moreover, 40% of businesses’ tech 

budgets were dedicated to digital 

transformation strategies as of the 

end of 2019. The COVID-19 pandemic, 

which compelled industries of all kinds 

to adopt innovative digital strategies 

to maintain their business operations, 

has only expedited this transformation. 

A digital transformation involves much 

more than just switching from paper 

to digital files for record-keeping. 

Enterprises have been able to modify 

their operations to engage customers 

more fully in the digital age thanks 

to the introduction of digital devices, 



apps, storage, and other tools. These 

improvements, however, are practically 

impossible to implement without cloud 

and digital transformation services. In 

actuality, integrating cloud and digital 

transformation solutions is the only 

way to guarantee that distant workers 

maintain communication, complicated 

projects are completed without on-site 

IT help, and data is kept private while 

still being accessible to those who 

need it. 

Enterprises are speeding up the digital 

transformation, with the cloud at its 

core, as they continue to conduct 

business digitally. 

Cloud Forms the Core of Modern 

Digital Transformation 

The process of digital transformation 

has undergone a revolution thanks 

to Cloud Computing. Data that was 

previously kept in on-site physical 

hubs can now be moved to a server 

network over the internet thanks to 

cloud digital computing transformation. 

Thus, analytics, maintenance, 

administration, processing, and other 

processes are possible virtually. 

Until now, many companies have 

made investments in powerful 

networks and servers to support 

digital growth. This investment 

frequently posed a serious threat to 

the annual budget and constrained the 

amount of development that could be 

accomplished in a single fiscal year. 

It is now possible to convert and 

extend digital products without blowing 

the budget, thanks to cloud computing 

and digital cloud transformation. The 

use of cloud computing for digital 

transformation has a significant 

impact on computing power because 

it allows organizations to reinvent 

how they manage data and use their 

newly acquired technology to enhance 

consumer experiences. 

Major Benefits of Cloud Adoption for 

Digital Transformation of Enterprises 

Unmatched Accessibility 

There’s no doubt that business 

appetite for applications is on the rise. 

Business users are dependent on 

applications because of the numerous 

benefits like efficient operations, 

lesser manual processes, and quicker 

ROI. Certain applications, like Microsoft 

365, Salesforce, Adobe, AWS, Google 

Workspace, etc., are becoming an 

integral part of an organization’s 

enterprise information technology 

systems. 

As per research conducted in 2018, 

on average, a single organization 

uses 129 business applications. Not 

a very recent research but enough to 

ascertain the proliferation of business 

applications. 

Improved Security 

Losing control of infrastructure 

and data is common during the digital 

transformation process. But moving 

data to the cloud greatly lowers the 

dangers of data loss and illegal access. 

Protection from potential dangers is 

provided by public clouds for data, 

apps, and entire infrastructures. Since 

backups are generated automatically, 

there is no chance of data loss at all. 

The cloud is becoming more 

secure because of industry-wide 

advancements made by cloud service 

providers. Among the other cloud 

security techniques that businesses 

might use in their operations are the 

following: 

Following stringent compliance 

requirements 

Using multifactor authentication to 

obtain data access 

Comprehensive end-user training 

regarding the importance of cloud 

data 

Collaborating with suppliers of 

managed security operations 

centres to ensure complete data 

security 

Cost-Efficient 

Many CIOs continue to see lower 

return versus investment ratios 

for their Digital Transformation 

plans. Modern IT departments 

typically operate with several 

technologies, applications, and a 

mix of in-house engineering teams, 

contract employees, and Digital 

Service Providers contributing to the 

increasing IT spending. 

Gartner’s prediction about worldwide 

IT spending is projected to be $4.5 

trillion in 2022, nearly an increase of 

5.5% from 2021. 

Greater Scalability 

The attributes of an application that 

allow it to handle rising on-demand 

requirements are referred to as 

scalability. The virtualization theory of 

cloud computing states that computers 

may be scaled to meet the demands of 

the business, and cloud architecture 

supports both vertical and horizontal 

scaling. By dividing workloads among 

more servers as demand rises, 

horizontal scaling enables businesses 

to maintain business continuity while 

achieving maximum performance. In 

vertical scaling, computer capability, 

such as storage or processing power, 

can be raised based on business 

requirements. Dynamic scaling 

features control the user’s changing 

needs without sacrificing the speed 

and operational effectiveness of IT 

departments. 

Enhanced Swiftness and Dependability 

Two essential features of business 

cloud infrastructure are agility 

and dependability. After acquiring 

access with an opt-in, services 

are immediately provided. Cloud 

applications operate more quickly, 

improving and accelerating users’ 

working environments. Additionally, 

you immediately get capabilities that 

would take a long time to develop 

independently. Furthermore, cloud 

services are not impacted by hardware 

failure. You can identify and resolve 

issues fast with cloud visualization and 

meticulous planning. 




HOW THE CLOUD CAN ACCELERATE 

YOUR DIGITAL TRANSFORMATION 

In the digital era, a business’s 

ability to succeed is largely 

based on how satisfied its 

customers are. Cloud computing 

is an essential part of the digital 

revolution and promotes innovation 

thanks to using tools like machine 

learning, augmented reality, IoT, and 

chatbots, among others. In other 

words, the digital transformation 

process is now possible at a quicker 

rate thanks to cloud platforms. 

A cloud-enabled business model 

benefits enterprises because it 

reduces the complexity of their IT 

infrastructure, allows them to focus 

on other crucial facets of digital 

transformation, and gives them more 

options for growing their clientele. 

Enterprise adoption of dispersed 

cloud has the potential to hasten 

the cloud transition even further 

because public cloud services are 

now accessible in regions that were 

previously predominately non-cloud. 

Businesses are exploring the cloud for 

faster digital transformation because it 

may address location-specific criteria, 

such as low latency, data sovereignty, 

and network bandwidth. 

What is the Role of the Cloud in Digital 

Transformation? 

The goal of digital transformation 

is to use digital technology in almost 

every aspect of a company, eliminating 

antiquated customer engagement 

and business processes while also 

promoting new ideas within the digital 

business culture. 

As we move toward a more 

technologically savvy society, an 

increasing number of firms have 

started their digital transitions to 

remain competitive. Additionally, as 

of 2019, digital transformation plans 

accounted for 40% of enterprise tech 

spending. This shift has only been 

accelerated by the COVID-19 epidemic, 

which drove industries of all types to 

embrace cutting-edge digital methods 

to preserve their corporate operations. 

A digital transition entails more than 

merely converting paper records into 

digital ones. Since the advent of digital 

devices, applications, storage, and 

other technologies, businesses have 

adapted their processes to engage 

customers in the digital age better. 

However, achieving these advances 

would not be easy without cloud and 

digital transformation services. In 

reality, the only way to ensure remote 

workers continue contact, challenging 

projects are finished without on-site 

IT assistance, and data is kept private 



while still being available to those 

needing it is to integrate cloud and 

digital transformation solutions. 

To keep up with their digital business 

practices, enterprises are accelerating 

digital transformation built on the 

cloud. 

Major Benefits of Cloud Adoption for 

Digital Transformation of Enterprises 

A business may improve and grow 

its digital footprint by utilizing a range 

of tools, techniques, and capabilities 

offered by cloud platforms. Businesses 

may automate and migrate using 

cloud technology to manage their 

systems and quicken the pace of their 

digital transformation. Here are a few 

methods the cloud speeds up digital 

transformation: 

Exceptional Accessibility 

Business owners increasingly see 

the value of applications. Users utilize 

apps because of their various benefits, 

such as less complexity, increased ROI, 

and fewer manual processes. 

Enterprises are using apps more 

often, which raises the need to manage 

application integration. Thanks to cloud 

computing, these apps may interact 

with one another in a professional 

context, enabling users to use them 

efficiently. 

Businesses often use systems 

integration platforms and APIs that 

provide a number of techniques for 

connecting several apps utilizing 

cloud computing technologies. 

Additionally, cloud-based applications 

are accessible from anywhere with any 

internet-connected device. 

Improved Security 

During the digital transformation 

process, losing control of the 

infrastructure and data is normal. 

However, shifting data to the cloud 

significantly reduces data loss and 

unauthorized access risks. Public 

clouds offer data, apps, and entire 

infrastructures security against 

possible threats. Data loss is not even 

a possibility because backups are 

created automatically. 

Because of industry-wide 

developments made by cloud service 

providers, the cloud is becoming 

more secure. The following are some 

more cloud security strategies that 

companies may implement in their 

operations: 

1. Following stringent compliance 


requirements 

2. Using multifactor authentication to 

obtain data access 

3. Comprehensive end-user training 

regarding the importance of cloud 

data 

4. Collaborating with suppliers of 

managed security operations 

centres to ensure complete data 

security 

Greater Scalability 

Scalability refers to an application’s 

capabilities for accommodating 

increasing on-demand demands. 

According to the virtualization theory 

of cloud computing, cloud architecture 

enables vertical and horizontal 

scalability, and computers may be 

scaled to suit business demands. 

Horizontal scaling helps enterprises 

to ensure business continuity while 

obtaining optimal performance 

by distributing workloads among 

additional servers as demand 

increases. 

According to company needs, 

computer capabilities, such as 

storage or processing power, may be 

increased through vertical scaling. 

With dynamic scaling features, users’ 

evolving demands may be managed 

without slowing down IT departments’ 

response times or operational 

efficiency. 

Enhanced Swiftness and Dependability 

A business cloud infrastructure 

must have both dependability and 

agility. Services are offered right away 

after gaining access through an opt-in. 

Applications on the cloud run more 

swiftly, enhancing and speeding up 

user work environments. You also gain 

powers right away that would take a 

considerable time to acquire on your 

own. 

Hardware failure also does not affect 

cloud services. Cloud visualization 

and careful preparation let you quickly 

discover and fix problems. 

Enhanced Cost Effectiveness 

Applications for cloud computing 

reduce the cost of purchasing 

hardware, software, and running 

data centres, which is crucial for any 

company. The cloud’s pay-as-you-go 

(PAYG) approach enables companies 

to innovate and create new apps and 

systems that easily fit into the existing 

ecosystem. 

The option to pay for what you use 

CLOUD COMPUTING 

helps balance the cost of personnel, 

infrastructure, and other expenses. 

Cloud migration generally results in 

savings of 15% on overall IT spending, 

which is less than what small- to 

medium-sized businesses experience, 

which profits from the cloud by 

spending 36% less on IT. 

Possibilities for Automation 

The cloud offers incredible business 

automation possibilities compared 

to traditional information-exchange 

server solutions. Cloud automation 

involves using built-in tools and 

processes to simplify and execute 

workflows efficiently in a cloud 

environment. 

It is possible to automate backups, 

build up infrastructure as code 

approaches, manage operations, 

and completely take care of security 

measures with the aid of cloud 

computing technologies. 

The complexity and adaptability of 

cloud settings are also effectively 

managed by the cloud, which also 

emphasizes the automation of services 

and virtual infrastructure as a whole. 

Enterprises can begin to benefit if a 

reliable coordinating mechanism is in 

place. 

Digital Transformation is ‘not possible’ 

without Cloud Computing 

Plans for digital transformation 

depend on how strategically sound the 

IT infrastructure is. It might be difficult 

for enterprises to take advantage 

of new prospects with a traditional 

infrastructure. The cloud is the catalyst 

for all new business opportunities, 

whether enterprises are expanding 

their healthcare infrastructure, 

providing consumers with new 

material to stream, using robots in 

their warehouses, or opening their 

next cloud quick-service restaurants. 

Regardless of the goals of digital 

transformation, cloud computing is 

a must for business transformation. 

By extending products and services 

to everybody and everywhere, 

constructing highly resilient business 

models, and syncing contemporary 

and old systems, the cloud computing 

paradigm generates cost savings and 

innovation potential. Organizations are 

using cloud computing platforms to 

function at scale and provide customer 

value. 



HOME TECHNOLOGY 

USING TECHNOLOGY TO KEEP 

YOUR HOME SAFE 

The Internet of Things (IoT) 

is transforming our lives by 

connecting the devices we 

use. Giving remote control 

to a single item is simple 

enough; the first TV remote was 

produced in the 1950s. However, every 

gadget, from your hifi and TV to your 

heating, door locks, and lighting, can 

now be linked to a single controller via 

the internet, giving you complete house 

management. 

The linked home has the potential 

to make your life easier and more 

enjoyable. It does, however, have a 

drawback. Connecting your home 

systems to the internet exposes them 

to various security dangers. 

How does a smart home work? 

Smart homes use equipment that 

can link to the internet and contain 

small computers that allow them to 

be managed remotely. These gadgets 

range in size from a coffee maker to 

your full heating system. 

What distinguishes them from 

ordinary TV remotes is that they 

communicate over internet protocol 

and are all linked via a hub. That 

may be your home router or your 

smartphone. 

Unlike the TV remote, these devices 

can capture and store information on 

your usage, habits, and preferences 

– either on the device or the network. 

That data makes your smart home a 

potential privacy risk, and each gadget 

you connect to the network introduces 

a new privacy worry. 

Smart home security risks and threats 

The connected home presents 

several types of security threats. 

To begin with, individual devices 

may not be secure. Some IoT home 

gadgets are hurried to market, and 

their security may be compromised. In 

certain circumstances, user manuals 

fail to address privacy concerns or 

provide sufficient information to 

ensure the device’s security. Baby 

monitors and security cameras, for 

example, have been hacked, allowing 

criminals to view inside a home. 

Many experts say that when it comes 

to IoT devices, you should be thinking 

about what happens ‘when,’ not ‘if,’ 

because many are easy to hack and 

provide no protection. 

Second, your home network may 

not be secure, and any data stored on 

it may be available to intruders. For 

example, a criminal could follow your 

device usage patterns to see when 

you’re away from home. 

If your home network is managed 

through your primary internet account, 

data from your IoT devices may also 

be at risk. Any flaw might expose your 

personal information, including emails, 

social media accounts, and even bank 

accounts. 

Many customers operate their 

linked house by smartphone, making 

it an extremely valuable database for 

anyone attempting to hack into your 

life. This puts your phone at risk if it 

is hacked, stolen, or someone gets to 

spy on your connection. Ensure that 

a single susceptible IoT device does 

not jeopardize your home network 

security. 

If you want to benefit from the 

advantages of a smart home, you must 

address potential security issues first. 




CYBERCRIME 

TOP 5 WAYS TO AVOID 

CYBERCRIME 

We have made great 

strides in the last few 

decades in terms of 

technical development. 

Since then, due to the 

growth in people, data, and gadgets, 

cybercrime has reached an alltime 

high. We have recently started 

hearing more about data breaches and 

cybercrime. 

Most people are unaware 

that anyone could be a target of 

these illegal actions. Community 

organizations, schools, small 

businesses, hospitals, libraries, voter 

registration systems, and even certain 

governments have fallen prey to 

cybercrime, which is on the rise. 

Numerous precautionary measures 

have been implemented to combat 

cybercriminals. The conflict between 

cyber criminals and the general public 

has never been more intense because 

of the influx of security companies 

into the internet industry. If security 

measures fail, you could become an 

excellent target for several online 

crimes. 

The first step to cybersecurity—and, 

honestly, your sole line of defence 

against cybercriminals—is consulting 

an IT security professional. When 

protecting your network and data, 

these professionals go above and 

beyond. There are many security 

precautions you may take up front to 

stop a cybercriminal attack on your 

business. 

Although protecting yourself 

adequately from a cyber-attack is 

impossible. However, below are the (5) 

ways that might prevent or slow down 

a cyber-attack: 

1. Download a Virtual Private Network 

(VPN) 

A VPN is a valuable ally in the 

fight against cybercrime. How 

does a VPN shield you from 

cyberattacks? There is an easy 

solution. Encrypting your data 

transmission, a VPN effectively 

renders you undetectable to other 

network users. This indicates that 

because hackers can’t access your 

information, they can’t take it. 

2. Create strong passwords 

One of the simplest methods 

to avoid internet attacks is by 

selecting strong, one-of-a-kind 

passwords. Nevertheless, many 

users continue to disregard it; 

to avoid making the same error. 

You may create a secure and 

distinctive password by using 

various letters (both capital and 

lowercase), numbers, and even 

special characters. Additionally, it’s 

recommended that you use more 

characters than what the system 

that you are establishing the 

password for calls for. 

3. Update your devices 

Continually update any software 

on your computer, smartphone, 

tablet, or other hardware. Updates 

may occasionally be annoying and 

time-consuming, but they prevent 

hackers from taking advantage of 

any vulnerabilities and security 

holes that may have existed earlier. 

Even if updating your gadgets won’t 

shield you from cybercrime, it’s 

vital if you want to protect your 

data. 

4. Use reliable security software 

VPNs are beneficial, but they 

cannot guarantee complete 

information security. Additionally, 

you require software like firewalls, 

ad blockers, and antivirus apps. 

Use protection software from wellknown 

brands like Norton, McAfee, 

and Kaspersky, among others. 

Although you might have to spend 

money on these tools, paying for 

internet security is a small amount. 

5. Keep certain information private 

It would help if you kept some 

things private online, particularly 

on social networking platforms. 

Don’t post private information on 

social media platforms, such as 

your address, phone number, or 

place of employment. By doing 

this, fraudsters will find it simpler 

to target you. Altering the privacy 

settings on your social media 

profiles is also crucial. Don’t 

divulge private information to the 

public. Don’t share it at all, or share 

it with your contacts you know and 

trust. You can modify the privacy 

settings on social media platforms 

so that specific information is only 

available to you. 




FUTRE TECH 

PROMINENT TRENDS RESHAPING 

THE FUTURE OF IT AND BUSINESS 

It is easy to become numb to the that can enable more incredible is anticipated to give network speeds 

onslaught of new technologies innovation. Immersive learning and around 10 times faster than what 4G 

hitting the market, each with its virtual R&D are now possible because LTE networks provide. By 2024, it is 

promise of changing (more often of advancements in the metaverse anticipated that 50% of user touches 

“revolutionizing”) the business of augmented and virtual reality. AI, will be augmented by AI-driven 

world. , But Analysis of some of the 

more critical technological trends 

makes a strong argument that 

something important is taking place. 

Granularity, speed, and scale 

are the three essential qualities 

machine learning, and software 2.0 

(machine-written code) advancements 

have made it possible to create various 

new services and products, from 

connected homes to autonomous 

vehicles. 

speech, writing, or computer-vision 

algorithms. Approximately a threefold 

increase in global data production is 

anticipated between 2020 and 2025. 

Additionally, it is anticipated that the 

market for low-code development 

defining the digital era, and these 

Four interconnected technological 

platforms, which is altering who can 

technological advancements generally 

trends are shaping the future of IT: 

create powerful software, will expand 

accelerate them. However, it is the 

at a rate of roughly 30% CAGR through 

size of these changes—in computer 1. Innovation at the edge 

2030. 

capability, bandwidth, and analytic 

sophistication—that is allowing fresh 

ideas, ventures, and business models 

to emerge. 

For example, the emergence of 

cloud and 5G exponentially increases 

compute power and network speeds 

New and improved technology 

will transform the commercial 

environment in the following years at 

a speed and scope that has never been 

possible. Think about the effects of a 

few significant trends. With hopes for 

much greater speeds in the future, 5G 

As a result of these trends, 

processing power has dramatically 

increased, data sets have greatly 

expanded, and user access to 

technology has greatly improved. 

This results in a significantly faster 

rate of innovation because it will be 



less expensive and simpler to create, 

introduce, and scale new inventions. 

2. A perpetual-learning culture 

Technology developments in robots, 

AI, machine learning, and other fields 

have accelerated transformation 

tenfold. We predict that 50 billion 

devices will be linked to the Industrial 

Internet of Things (IIoT) by 2025 

and that 70% of manufacturers will 

regularly use digital twins (by 2022). By 

2025, almost 70% of new applications 

will use LC/NC technology, up from 

less than 25% in 2020. From roughly 

$500 billion in 2020, the worldwide 

metaverse revenue opportunity might 

reach $800 billion in 2024. According 

to entrepreneur and futurist Peter 

Diamandis, we can anticipate more 

advancement in the following ten 

years than in the previous one hundred 

years due to the explosion of technical 

advancements. 

Businesses need to be prepared 

to adopt the most promising 

solutions from all front lines as the 

pace and ubiquity of technologies 

force innovation to the edge of the 

organization. The vast potential 


will result from this, but only for 

businesses that cultivate accurate 

tech intelligence through a perpetuallearning 

culture. The core of this 

initiative is training all levels of staff, 

from “citizen developers” using simple 

LC/NC tools or in novel contexts like 

the metaverse to full-stack developers 

and engineers who will need to 

continuously evolve their abilities to 

stay up with changing technologies. 

3. IT as a service 

By 2028, revenue from the global 

cloud microservices platform market 

is predicted to reach $4.2 billion, up 

from $952 million in 2020. By 2025, 

GitHub anticipates having 100 million 

software developers and more than 

200 million code repositories. Nearly 

90% of developers currently make 

use of APIs. Software 2.0 minimizes 

complexity and develops new methods 

for writing software. From 2021 

through 2028, the amount of software 

that businesses procure from cloudbased 

platforms, open repositories, 

and software as a service (SaaS) will 

increase at a CAGR of 27.5 percent. 

The function of IT changes 

significantly when innovation is 

pushed to the limit, and a perpetuallearning 

culture penetrates a business. 

IT cannot manage this dynamic 

environment by adhering to its 

conventional position as a controlling 

body overseeing technology at the 

center. The emphasis will now be 

on IT’s capacity to foster innovation, 

necessitating a change from its 

traditional function as a provider of 

significant tech assets to that of a 

distributor of small code blocks. The 

ability of IT to assist individuals in 

fusing little pieces of code to create 

meaningful products will serve as the 

gold standard of IT effectiveness. 

4. Expanded trust boundaries 

By 2022, it is predicted that nearly 

all biometrics-enabled devices, such 

as smartphones, will be employing 

biometrics for transactions. The 

most effective facial-identification 

algorithms have increased by 50 

times during 2014, demonstrating the 

substantial improvement in these 

technologies’ efficacy. The relationship 

between technology and its users is 

becoming increasingly uneasy due 

to these developments. About twothirds 

of Americans are very or highly 

concerned about hacking that affects 

their personal information, financial 

institutions, government organizations, 

or some utilities, according to Pearson 

Institute and the Associated Press- 

NORC Center for Public Affairs. 

Numerous new consumer 

touchpoints will be established 

due to these tremendous shifts in 

technology’s power and capability, 

and the amount of new customer data 

will increase exponentially. While 

IT’s role in the business is shifting 

toward one enabler, the evolving 

digital environment requires IT to 

expand its trust skills in terms of 

security, privacy, and cyber. For the 

most part, consumers have accepted 

the convenience that technology 

offers, whether it be placing an online 

order for a product, controlling the 

temperature in their houses from a 

distance, or keeping track of their 

health via mobile devices. Consumers 

have historically been ready to 

divulge some personal information 

in exchange for these benefits. 

However, a persistent undercurrent of 

privacy and trust issues around these 

increasingly complex conveniences 

is raising the stakes for the general 

subject of trust. Customers demand 

the ethical use of data and responsible 

AI, becoming more conscious of 

their identity rights, and basing their 

decisions on their beliefs. 

The rate of technological 

advancement will inevitably continue 

to quicken. Future technology leaders 

will need to adopt new technologies 

and develop the capacity to deal with 

ongoing change and turn it into a 

competitive advantage. 



WEB3 

FIRST-OF-ITS-KIND 

METAVERSE-AS-A-SERVICE 

BUSINESS CHOOSES THE UAE 

AS ITS HOME 

Though the metaverse is 

currently linked with arts, 

sportswear, real estate, 

and fashion retail, other 

businesses, such as 

healthcare, are making modest efforts 

to create a presence in the fastdeveloping 

virtual reality. 

According to Sandra Helou, cofounder 

and chief commercial officer 

of Metapolis, if SaaS (softwareas-a-service) 

emerges as the 

well-established business model to 

dominate the web2 space, the future 

transition to web3 will surely see 

comparable market potential for 

MaaS businesses. Helou disclosed 

that Metapolis has also offered to 

guide clients on the full spectrum of 

services – from conceptualization 

through metaverse implementation 

and development. 

The Singapore-based firm Metapolis 

revealed its plans to establish its 

worldwide headquarters in Dubai 

as part of its ambitious plans in the 

UAE. Helou Metapolis claims that the 

company, which already conducts 

business in the US, Europe, and 

Asia, intends to increase its physical 

presence in other GCC nations, though 

a specific date is yet to be set. 

73% of Saudi Arabia’s residents 

are worried about falling victim to 

cybercrime, Cisco report 

The Miami-based Metapolis, 

which bills itself as the world’s 

first “metaverse-as-a-service” 

(MaaS) venture – a la SaaS for web2 

companies – is set to make an entry 

with its ambitious plans to support 

businesses from all industries in the 



virtual world. The UAE is poised to 

witness the next stage in metaverse 

development. 

In order to assist all economic 

sectors in the UAE and the greater 

GCC area in developing new business 

insights and revenue streams as well 

as extending their customer and client 

interactions to the virtual world, the 

Metapolis MaaS platform will roll out 

an end-to-end service. 

The metaverse is currently largely 

associated with arts, sportswear, real 

estate, and fashion retail, though more 

sectors, such as healthcare, are taking 

baby steps to make their presence in 

the fast-expanding virtual world. 

“We are proud to be first-movers 

in this domain,” she said. As part of 

Metapolis’ aggressive plans in the 

UAE and the larger region, the US 

startup announced plans to set up its 

international headquarters in Dubai. 

Helou said the UAE – as also the 

GCC region – has been tremendously 

accommodating to the web3 

community, and so the decision to set 

up an HQ in Dubai was very natural. 

“The networking opportunities [in 

the region] with government entities, 

other startups, and even large-scale 

multinational technology companies 

are huge. Our market research 

very much agrees with the general 

consensus that the UAE is the main 

hub for blockchain and web3 for the 

foreseeable future,” she said. 

Helou said the metaverse is 

extremely malleable, and that is the 

reason it can be applied to so many 

different sectors and business models. 

“Our role is to facilitate this inclusion 

for these sectors by breaking down 

barriers to entry and being thought 

and action leaders in this domain,” 

she said. Helou said the company’s 

WEB3 

vision is to bridge the gap between the 

physical and digital worlds through 

seamless integration and an alwayson 

layer of engagement. 

“Metapolis has its sights set on 

becoming ‘The Next Internet’ and 

building a future for interoperability 

with security, safety, and digital 

identity at heart,” she said. Helou 

said Metapolis would guide clients on 

the entire range of services – from 

ideation to metaverse deployment and 

build. 




NEWS 

CRYPTO NEWS 

Binance CEO says crypto industry needs 

clarity on regulations 

In light of recent developments and 

participants “cutting shortcuts,” 

Changpeng Zhao, the chief executive 

of dominant cryptocurrency exchange 

Binance, called for new, stable, and 

transparent laws for the sector. Zhao 

told a group of G20 leaders at the Bali 

summit, “We’re in a new sector, and we’ve 

seen things go crazy in the industry.We 

need regulations, we need to do this well, 

and we need to do this in a stable way.” 

Binance to help Musk “realize his 

vision” through blockchain and crypto 

A team is being formed by Binance 

Holdings Ltd. to investigate 

how blockchain technology and 

cryptocurrencies might benefit the 

social media platform. Binance 

Holdings Ltd. is an equity investor in 

Elon Musk’s acquisition of Twitter. The 

largest cryptocurrency exchange in 

the world looks to want a say in how 

Twitter is handled after admitting that 

it had contributed to Musk’s takeover 

of the social media network. 

IN FOCUS 

FTX’s collapse casts a pall on a 

Ethereum’s co-founder says Twitter 

philanthropy movement 

may face more competition 

In short order, the extraordinary In response to calls for a better social 

collapse of the cryptocurrency 

media experience, more Twitter Inc. 

exchange FTX has vaporized 

competitors may emerge, according 

billions of dollars of customer 

to Vitalik Buterin, co-founder of the 

deposits, prompted investigations Ethereum blockchain. Speaking at the 

by law enforcement, and destroyed Singapore FinTech Festival, Buterin 

the fortune and reputation of the expressed his optimism that “some 

company’s founder and CEO, Sam sort of superior social media platform 

Bankman-Fried. 

will be there in the next five to ten 

It has also dealt a significant blow to years,” whether it be “Twitter itself 

the corner of philanthropy known as or if we’ll see a tremendous groundswelling 

effective altruism, a philosophy that 

with alternatives — we may 

advocates applying data and evidence even see both.” 

to doing the most good for the many He said one of the problems on 

and that is deeply tied to Bankman- Twitter that bugs him is the way other 

Fried, one of its leading proponents accounts try to leverage his posts and 

and donors. Now nonprofits are profile to market highly speculative 

scrambling to replace millions in grant 

cryptocurrency tokens that often lack 

commitments from Bankman-Fried’s 

any rules of operation. 

charitable vehicles, and members of 

the effective altruism community are 

asking themselves whether they might 

have helped burnish his reputation. 

Visa has terminated the global debit 

card agreement with FTX 

The largest payment processor in 

the world, Visa Inc., announced that 

it was terminating its global credit 

card relationships with the defunct 

cryptocurrency exchange FTX. A Visa 

representative told Reuters, “The 

situation with FTX is regrettable, and 

we are monitoring developments 

closely.” 

“We have terminated our global 

agreements with FTX and their U.S. 

debit card program is being wound 

down by their issuer.” 

FTX and Visa had announced an 

expanded partnership in early October, 

including plans to introduce accountlinked 

Visa debit cards in 40 new 

countries. 

Venom Foundation obtains an ADGM 

license 

Venom Foundation has the distinction 

to emerge as the first cryptocurrency 

entity to obtain a license in Abu Dhabi 

Global Market (ADGM), an international 

finance center and free zone located 

on Al Maryah island in the UAE’s 

capital, Abu Dhabi. 

The sought-after license gives Venom 

Foundation a golden opportunity to 

build an infinitely scalable blockchain 

platform in the Middle East and 

North Africa (MENA) region, which is 

emerging as the hub for transactional 

management, maximum cybersecurity, 

and inbound governmental database 

projects. 



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