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ADIB-Egypt announces 1 billion EGP digital transformation plan

CIO

ADIB-Egypt has announced plans to invest 1 billion EGP in technological infrastructure and digital transformation by 2025. This ambitious initiative is poised to position ADIB-Egypt at the forefront of the digital banking revolution, transforming how customers interact with their financial services.

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How the world can tackle the power demands of artificial intelligence

CIO

The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. Mabrucco first explained that AI will put exponentially higher demands on networks to move large data sets. How does it work? How does it work?

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Data sovereignty and local cloud infrastructure will remain priorities, supported by national cloud strategies, particularly in the GCC.

Trends 122
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Africa’s digital economy and digital transformation

CIO

With rich resources like a growing physical infrastructure and subsea cable network, Africa is uniquely positioned to emerge as a leader among todays developing economies. European Union (EU), China, and India all have strategic programs in place for a solid digital infrastructure on the African continent. For instance, the U.S.,

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 179
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Startup Funding Regained Its Footing In 2024 As AI Became The Star Of The Show

Crunchbase News

Infrastructure and data provisioning to manage and operate AI grew. Other leading sectors included autonomous driving, healthcare, robotics, professional services, security and military, Crunchbase data shows. Large early-stage rounds went to data centers, renewable energy, AI, robotics and biotech.

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Arvest Bank reskills IT to support its banking core refresh

CIO

When Arvest, a regional bank operating in Arkansas, Kansas, Missouri and Oklahoma, hired Laura Merling as chief transformation and operations officer in 2021, one of the first things she changed was its digital transformation plan. You’d spend all your money on customer acquisition and not on building infrastructure,” she says.

Banking 146