Bahrain is expected to be one of the first countries to provide commercial 5G services by June 2019, pending availability of consumer handsets and equipment, according to Kamal bin Ahmed Mohammed, Bahrain?s minister of transportation and telecommunications
Technology
Uber buys Careem for US$3.1bn
Uber has brought over Careem for US$3.1bn, consisting of US$1.7bn in convertible notes and US$1.4bn in cash
World Bank lends US$700mn to Morocco for digitalisation
Morocco?s Ministry of Economy and Finance has signed off on a US$700mn loan from the World Bank, launching extensive reforms for Morocco?s digital economy
Dubai tops global rank in attracting FDI for AI and robotics
Dubai has ranked first globally in attracting foreign direct investments (FDIs) for artificial intelligence (AI) and robotics, while the UAE ranked sixth in the global smart service index, surpassing the USA, UK and South Korea
UAE-US to collaborate on standardisation for construction and oil and gas specifications
The Emirates Authority for Standardisation and Metrology (ESMA) has discussed opportunities for bilateral cooperation with the US in the fields of oil and gas sector specifications, construction and rationalisation of energy consumption, commensurate with the UAE and US specifications in these sectors, and address the technical barriers to trade