News

IDC CIO Summit 2022 Is Coming To Qatar

In addition to the insightful panels, attendees will also have the chance to win exclusive prizes, take home personalized caricatures, and watch entertainment events.

Published

3 years ago

September 9, 2022

David Morelo

As the premier global provider of market intelligence, advisory services, and events for the information technology sector, International Data Corporation (IDC) is perfectly positioned to explore the increasing pace of innovation in Qatar and examine the country’s evolving technology landscape.

On September 27, 2022, IDC will host its IDC Qatar CIO Summit 2022 to bring together regional and global technology experts, who will discuss the hottest ICT issues inside the Al Silia grand ballroom of Grand Hyatt Doha Hotel & Villas, a 5-star luxury resort located just 6 minutes away from the Lagoona Mall and 4 km from The Pearl-Qatar island.

Here are some of the topics, discussions, panel sessions, and keynote presentations that will be on the agenda during the IDC Qatar CIO Summit 2022:

IDC Keynote: Innovating in a Digital-First World (Ranjit Rajan, Vice President of Research at IDC)
Single, Hybrid, or Multicloud? How to Craft Your Cloud Transformation with Confidence (Sriram Narasimhan, Associate Vice President of Solutions at Cloud4C)
Powering the Digital Economy with Data-First Modernization (Mohammad Al-Jallad, Chief Technology Officer & Director at Hewlett Packard Enterprise)
Panel Discussion: Talent Development & The Demand For New Skills: How Do You Structure Your Team Optimally (Alexandra Tarazi, Executive Director of Health Information and Communication Technology at Public Health Care Corporation)
How to Recover from a Ransomware Attack: Cyber Recovery Services (Hakan Dincel, Regional Manager at GlassHouse)
Combining NetOps with SecOps to Break Down Cyber Security Silos (Sammy Elyan, Business Development Manager at Fortinet)

End users can attend the event free of charge, and registrations are already open. Besides the opportunity to hear what some of the brightest and most talented people in the ICT sector have to say, attendees will also have the chance to win exclusive prizes, take home personalized caricatures, and watch entertainment events.

The IDC Qatar CIO Summit 2022 will take place ahead of the 2022 FIFA World Cup, which is scheduled to happen in Qatar from November 20th to December 18th, 2022. The 2022 FIFA World Cup is expected to attract many international visitors who have no previous experience with the plethora of new digital products and services introduced in recent years by Qatari organizations.

According to 2022 IDC research, CIOs in Qatar have rapidly digitalized operations and enabled new digital business models and ecosystem partnerships for the tournament and beyond, with 70 percent of them successfully increasing cost efficiencies as a result.

The technology implementations carried out by CIOs in Qatar include process automation, cloud migration, and the development of agile infrastructure, just to give three examples. Together, they help drive the country’s digital economy and expand its ICT ecosystem by creating a sustained demand for competitive IT services and solutions.

IDC was founded in 1964 by American businessman Patrick Joseph McGovern. Since then, its worldwide network of analysts, who offer global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries, has exceeded 1,300. You can learn more about IDC and the IDC Qatar CIO Summit on its official website.

News

Dirham-Backed Stablecoin DDSC Enters Live Phase In UAE

Central Bank approval moves the dirham-backed token into deployment, targeting regulated payments and settlement flows.

Published

4 days ago

February 13, 2026

Nour Nasir

dirham-backed stablecoin ddsc enters live phase in uae

The UAE has cleared the launch of DDSC, a dirham-backed stablecoin now entering live operation after approval from the Central Bank. The move pushes the project beyond its pilot phase and into the country’s regulated financial system.

The token is backed by a consortium led by IHC, Sirius International Holding and First Abu Dhabi Bank (FAB), framing it as an institutional instrument rather than a consumer crypto product. DDSC was first announced in April 2025, but regulatory clearance now allows deployment and integration across approved channels.

DDSC runs on ADI Chain, a Layer 2 blockchain built by the Abu Dhabi-based ADI Foundation. The infrastructure is designed for governance and performance requirements expected by large institutions, linking blockchain settlement with existing compliance and oversight frameworks.

The focus is practical, targeting treasury settlements, high-value payments, trade and supply-chain transactions, and programmable financial flows for regulated entities. FAB plans to offer access to the token through approved platforms for its clients, keeping the rollout inside controlled banking environments.

“DDSC marks a defining milestone in the UAE’s digital finance journey,” said Syed Basar Shueb, CEO of IHC. “With the Central Bank’s approval and our transition into live operation, we are delivering trusted, institutional-grade infrastructure that strengthens resilience, accelerates innovation, and expands what is possible in regulated digital payments”.

Also Read: Basatne Debuts ORBT Platform For Digital Refunds In UAE

FAB says the project reflects how stablecoins can sit within traditional finance when risk controls are built in from the outset. “This milestone underscores that stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk requirements,” said Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client Banking Group at FAB.

The launch reinforces the UAE’s strategy of pushing digital finance through regulation instead of open-ended crypto experimentation. Stablecoins in this model are positioned less as trading assets and more as programmable extensions of national currency, aimed at institutional scale and government use cases.