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G42 Teams With Microsoft To Boost UAE Cloud Infrastructure

The collaboration will also focus on AI solutions for the health, life science, energy, and sustainability sectors.

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g42 teams up with microsoft to boost uae cloud infrastructure
Microsoft

Abu Dhabi-based AI and cloud computing company G42 and US tech powerhouse Microsoft have announced the next phase of their strategic partnership to overhaul and expand cloud and technology infrastructure across the United Arab Emirates.

G42 will deliver advanced AI solutions, while Microsoft will help to expand existing data center infrastructure and Azure cloud services in the Emirates, according to an announcement made on Monday.

“This strategic collaboration with Microsoft is not just about technology […] it’s about creating a holistic ecosystem for societal resilience and growth,” explained Peng Xiao, group chief executive of G42.

g42 and microsoft partnership uae digital transformation

“By combining our respective expertise and shared forward-thinking approach, we aim to not only transform industries but also create positive economic opportunities and lasting impacts on the well-being of individuals, communities, and society as a whole,” Mr Xiao continued.

The two companies will also focus on bringing AI solutions to various sectors, including health, life sciences, energy, sustainability, and other projects of national significance, such as the Cop28 climate summit to be held in Dubai later this year.

According to a study released last October, Microsoft expects its portfolio of cloud services to add over $39 billion to the UAE economy over the next four years, along with the creation of 100,000 jobs.

Also Read: Saudi Arabia’s Gaming Sector Is Quickly Gathering Momentum

The UAE’s digital economy is expected to grow from $38 to $140 billion by 2031. Meanwhile, in July, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, announced a new cloud technology project in a bid to boost the Emirate’s tech infrastructure and accelerate digital transformation.

The UAE also recently approved the formation of a Higher Committee for Government Digital Transformation as the country races to develop a strong and tech-first digital economy.

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Lebanon Ministers Meet Visa Over National Digital Payment Platform

Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.

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lebanon ministers meet visa over national digital payment platform

Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.

The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.

The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.

Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.

Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.

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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.

“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.

Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.

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