News

Dubai’s Sheikh Hamdan Launches New Digital Cloud Project

Digital Dubai, Moro Hub, and Microsoft have signed agreements to carry out the digital transformation project.

Published

3 years ago

July 11, 2023

Nour Nasir

dubai's sheikh hamdan launches new digital cloud project

Dubai Media Office

On Monday, July 10th, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, announced the launch of a new cloud technology project to boost the Emirate’s tech infrastructure and accelerate digital transformation.

Today, we launched the Dubai Digital Cloud project, the latest in a series of initiatives aimed at reinforcing Dubai’s status as a digital economy capital and further strengthening its digital infrastructure. I also attended the signing of partnership agreements between Digital… pic.twitter.com/y0lQ940tbS

— Hamdan bin Mohammed (@HamdanMohammed) July 10, 2023

Known as Dubai Digital Cloud, the project is the latest in a series of initiatives aimed at establishing a “world-leading, efficient, agile and reliable digital infrastructure” in the Emirate, according to a press release from the government’s Media Office.

Last month, the Crown Prince also launched Dubai’s Digital Strategy, which aims to usher in a new era of digital transformation. The move comes after last year’s announcement of a Higher Committee for Government Digital Transformation, showing a continued commitment by Dubai’s government towards creating a tech-centric, future-facing economy.

digital dubai cloud project

As for the Dubai Digital Cloud, the project will combine various digital entities to provide high levels of operational efficiency while offering the best solutions from private to public clouds, the Dubai Media office statement explained.

“The Dubai Digital Cloud is a practical application of our leadership’s vision to promote connectivity, integration, and a comprehensive digital government that ensures agility, speed, security, and competitiveness, allowing government entities to provide integrated, proactive, round-the-clock services”, said Hamad Al Mansoori, director general of Digital Dubai.

Also Read: Best Web Hosting Providers In The Middle East

The adoption of cloud-based technology in the UAE and other Gulf countries is growing due to the rise of a young, technology-focused population and a dramatic increase in tech businesses relocating to the region.

Microsoft expects its cloud services to add around $40 billion and up to 100,000 jobs to the UAE’s economy before 2030, with around 17% of those figures coming from cloud data centers in Abu Dhabi and Dubai.

News

NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

Published

1 day ago

October 5, 2026

Nour Nasir

neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country

NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.