Digital Middle East – Major news of the week

A lot is going on in the Middle East in terms of digital transformation and innovation.
Every week we’re listing the most important bits and bites you shouldn’t have missed.

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Chalhoub Group Launches The Greenhouse Realizing The Transformation

A space dedicated to corporate entrepreneurship. A unique program focused on accelerating technology-driven solutions, providing startups with unparalleled access to Chalhoub Group brands to implement and test their solutions.

The Chalhoub Group, the leading partner for luxury across the Middle East, is a third of the way through its 900-day timeline set to implement the digital and cultural transformation across the Group. Since 2017, a dedicated team works towards its North Star Vision of transforming Chalhoub Group from a traditional distributor and retailer for luxury in the Middle East, to a hybrid retailer bringing luxury experiences to the fingertips of customers everywhere.

Read more about The Greenhouse here

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Smart Dubai, IBM launch major blockchain platform for the UAE

Smart Dubai and IBM on Tuesday announced the launch of the Dubai Blockchain Platform, the first government-endorsed blockchain platform in the UAE.

Delivered through an IBM Cloud environment and built locally in the UAE, the enterprise-ready platform will serve as a stepping stone for organisations in the UAE and globally to transition their blockchain testing and development into full production.

It will also transform and digitize applicable government processes and citizen services, a statement said.

Read more about Smart Dubai’s blockchain platform here

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Increased demand for tech jobs in the UAE

Statistics from recruitment consultancy Robert Half show that IT and applications development jobs are highly sought after in the UAE. The diversification of the UAE’s economy has led to an increase in demand for specialist jobs related to technology.

Over half of business leaders in Dubai and 45 per cent in Abu Dhabi have expressed concern about the effort needed to attract, secure and retain specialist professionals in the future.

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UAE issues new law to boost foreign direct investment

UAE President Sheikh Khalifa bin Zayed Al Nahyan has issued a new law on foreign direct investment (FDI) which aims to promote and develop the country’s investment environment, and attract more money from abroad.

The law aims to consolidate the country’s position as a major attraction for foreign direct investment at regional and global levels.

Read more about UAE’s plan to boost foreign investments here

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