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Alipay, Barclaycard help UK retailers reach Chinese tourists

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 Insights

14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]

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Abu Dhabi boosts healthcare innovations

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 Insights

11-Mar-19 Artificial Intelligence is set to give the UAE economy a USD182 bn boost by 2035, with healthcare likely to see a gain of USD22 bn. The DoH has launched an 'AI Lab' to serve as a safe platform for co-creation. [image: Arab Health]

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How big will 5G be in the Middle East?

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 Insights

28-Feb-19 5G is expected to reach 30 mn enhanced broadband subscriptions in the Middle East and Africa by 2024, representing 2 percent of total subscriptions. The majority are expected to come from advanced markets like Saudi Arabia, UAE and South Africa. [image: Arabian Business]

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Korea's Samsung battles to stay ahead of the game

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 Insights

26-Feb-19 Samsung Electronics’ business for the last quarter of 2018 was cause for concern, with operating profits down 30%. Vying to retain its market position, the Korean company has presented its folding mobile smartphone, the Galaxy Fold. [image: Reuters]

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IBM to support blockchain supply chain in South Africa

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 Insights

22-Feb-19 In South Africa, IBM is working with industrial and commercial organisations to develop blockchain-based industrial supply chain systems that enhance a range of value chain functions, including visibility, accuracy and supply chain efficiencies. [image: Wikipedia]

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