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Oracle Plans Dubai Expansion And Cloud Infrastructure Upgrade

The company is working to meet surging worldwide demand and is set to expand its presence across the wider region.

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oracle plans dubai expansion and cloud infrastructure upgrade
Oracle

Oracle is set to expand its presence in Dubai as part of a broader strategy to bolster its cloud infrastructure in the Middle East in the midst of the region’s ongoing digital transformation.

The forthcoming expansion of Oracle’s Dubai office aims to provide customers with the opportunity to explore the future of their businesses through cutting-edge AI and cloud technologies.

A pivotal aspect of the expansion entails the development of a state-of-the-art customer experience center within Oracle’s Dubai facility. This center will not only serve as a showcase for innovative AI and cloud technologies but also feature futuristic workspaces designed to enhance employee productivity.

Presently, Oracle operates three live cloud regions in the Middle East, distributed across Abu Dhabi, Dubai, and Jeddah. Additionally, they have plans to establish two more in Riyadh and Neom, Saudi Arabia’s emerging high-tech city, to meet escalating demand.

While no specific timeline was provided for the launch of these upcoming cloud regions, it is evident that cloud adoption in the Middle East is thriving. A tech-savvy younger generation and government efforts to shape the digital future of their economies have spurred global cloud providers, including Oracle, Microsoft, Amazon, IBM, and Alibaba Cloud, to invest in the region.

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Although Oracle refrains from disclosing market share figures, recent industry data suggests Oracle has a 2% global market share, ranking eighth. Notably, Amazon Web Services leads with 32%, followed by Microsoft Azure with 22%, and Google Cloud with 11%.

As part of its commitment to fostering AI skills, Oracle has also partnered with the Dubai Business Women Council to launch the sAIdaty initiative, designed to empower women professionals and entrepreneurs. The year-long program aims to equip 500 council members with AI skills, contributing not only to their professional growth but also to the UAE’s digital economy objectives.

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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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