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Egypt to build 17 new smart cities, says minister

DUBAI: Egypt is building 17 smart cities that will be totally reliant on technology, said the Egyptian minister of communication and IT at the Global Manufacturing and Industrialization Summit on Monday. In addition to the smart cities, Egypt is working on several projects to increase the broadband coverage to far-flung areas in the country, Amr Talaat said. He said there are

VR tech in the Mideast s construction industry? Ericsson takes on the challenge

DUBAI: Imagine engineers and architects with virtual reality goggles on but instead of playing games, they are actually working on a construction project utilizing 5G technology to realistically mimic actual building sites. This would have been considered an outlandish idea a few years ago, but the promises of 5G have gained traction globally, led by technology giants such as

No competition between Saudi Arabia, UAE: Top Mubadala official

DUBAI: Talks of an economic competition between Saudi Arabia and UAE have been making headlines in recent months, as both Gulf countries announce aggressive initiatives to either attract or deploy investment. Badr Al-Olama, an executive director at Abu Dhabi sovereign fund Mubadala, downplayed these comments, saying “value chains can’t be dominated by a single country.” “What

UAE minister calls to strengthen industrial capabilities in post-COVID world

DUBAI: UAE’s industry minister said on Monday that the coronavirus disease (COVID-19) pandemic taught the world several lessons and there is a need to strengthen industrial capabilities and control costs. Sultan Al-Jaber was speaking at the Global Manufacturing and Industrialization Summit at the Dubai Expo. Al-Jaber focussed on ways to accelerate the recovery from the

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