Europe and Middle East Cloud Services Trends
Europe and Middle East Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure in Europe and the Middle East, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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Europe and Middle East Cloud Services Trends
37% of UAE retail investors aim to boost crypto holdings in 2025
What happened: eToro survey highlights rising crypto interest in UAE A recent survey conducted by global trading platform eToro has revealed that 37% of retail investors in the UAE plan to increase their cryptocurrency holdings in 2025. The findings underscore the region’s…
Europe and Middle East Cloud Services Trends
Top tech news today: December 23, 2024
Tech News Summaries 1. UK fraudsters sentenced after stealing £220,000 via SIM farm scheme Two individuals in the UK have been sentenced for orchestrating a SIM farm fraud scheme that led to the theft of £220,000. The fraudsters targeted mobile networks for illicit gains. The…
Europe and Middle East Cloud Services Trends
Nokia and e& UAE launch first gaming network slicing solution
What happened: New fixed end-to-end solution enhances gaming with dedicated network slices Nokia and e& UAE have introduced the world’s first end-to-end network slicing solution specifically designed for gaming. This innovative technology enables telecom operators to…
Europe and Middle East Cloud Services Trends
Bulgarian market joins EU’s Target Instant Payment Settlement service
What happened: Bulgaria integrates with EU’s TIPS system The Bulgarian financial market has officially joined the European Union’s Target Instant Payment Settlement (TIPS) service, a key milestone in the country’s payment infrastructure modernization. TIPS, a real-time payment…
Europe and Middle East Cloud Services Trends
Virginia man convicted of using cryptocurrency to fund ISIS
What happened: Virginia man convicted of funding ISIS Mohammed Azharuddin Chhipa, a 35-year-old from Springfield, Virginia, was convicted by a federal jury for sending $185,000 in cryptocurrency to members of the Islamic State of Iraq and al-Sham (ISIS) between October 2019 and…
Europe and Middle East Cloud Services Trends
EU launches IRIS² to challenge Starlink’s global satellite dominance
What happened: New satellite network aims to strengthen Europe’s space and security capabilities The European Union has greenlit the IRIS² satellite project, a major initiative aimed at creating a European-led alternative to SpaceX’s Starlink. IRIS², which will consist of 290…
Europe and Middle East Cloud Services Trends
Millions risk financial insecurity due to lost pension pots
What happened: UK savers face pension uncertainty, risking their retirement plans. Millions of UK working-age adults are unaware of where all their pension pots are, creating significant risks for their financial future. Research conducted by Raindrop, a pension-finding platform…
Europe and Middle East Cloud Services Trends
Money20/20 launches Middle East event in Riyadh
What happened: Money20/20 expands to Saudi Arabia with Middle East debut Money20/20, the global fintech conference, is launching its Middle East edition in Riyadh from 15 to 17 September 2025 at the Riyadh Exhibition & Convention Centre. Organised in collaboration with Tahaluf, a…
Europe and Middle East Cloud Services Trends
Nokia and EOLO launch Europe’s first 5G mmWave network
What happened: Nokia and EOLO to deliver Italy’s first 5G mmWave network Nokia has entered a four-year partnership with EOLO, Italy’s first B Corp in the telecoms sector, to deploy Europe’s first 5G standalone mmWave Radio Access Network. The deal sees Nokia provide a range of…
Europe and Middle East Cloud Services Trends
Top tech news today: December 17, 2024
Tech News Summaries Fintech leaders to gather in Riyadh for Money20/20 Middle East Fintech leaders will converge in Riyadh for the inaugural Money20/20 Middle East event in 2025, showcasing regional innovation and growth in fintech. Source Millions of UK savers unaware of pension…
Europe and Middle East Cloud Services Trends
Swish introduces tap-to-pay for ＄8.6M users
Swish introduces tap-to-pay for Android users in Sweden.
Europe and Middle East Cloud Services Trends
Nokia secures deal with Nscale for AI cloud data centre networking
What happened: Nokia will supply Ethernet-based fabric for Nscale’s new data centre Nokia has been chosen to supply IP networking equipment for a new data centre by Nscale, a growing AI cloud specialist. The data centre, located in Stavanger, Norway, will be powered entirely by…
Europe and Middle East Cloud Services Trends
Ayan Capital secures $3.6M to expand Islamic fintech in the UK
What happened: Islamic finance gets a tech push as Ayan Capital raises $3.6M London-based Islamic FinTech company Ayan Capital has successfully raised $3.6 million (£2.8 million) in equity funding, marking a significant step in its mission to offer ethical and sustainable…
Europe and Middle East Cloud Services Trends
Nokia and Aramco achieve 2.4 Tbps optical transmission record
What happened: Breakthrough speeds to boost Aramco’s network capacity and efficiency Nokia and Saudi Aramco have successfully achieved an optical network transmission speed of 2.4 terabits per second (Tbps) during tests conducted on Aramco’s operational network. The tests were…
Europe and Middle East Cloud Services Trends
Payment partnership fuels Ribbon’s UK expansion
What happened: Ribbon teams up with Tribe Payments for UK launch Ribbon, a Gibraltar-based digital financial platform, has successfully expanded into the UK by forming a strategic payment partnership with Tribe Payments, a specialist in payment infrastructure and processing.…
Europe and Middle East Cloud Services Trends
NatWest unveils new initiative to support fintech
What happened: NatWest launches Fintech Growth Programme NatWest has launched a new Fintech Growth Programme aimed at supporting five pre-Series A UK-based fintech startups that focus on solving key challenges in the payments sector. Over ten weeks, selected companies will…
Europe and Middle East Cloud Services Trends
Lloyds and PayPoint partner to boost payments for UK SMEs
What happened: Lloyds partners with PayPoint to improve SME payment services Over 60,000 small and medium enterprises (SMEs) in the UK will benefit from a new banking and payments offering through a partnership between Lloyds Banking Group and PayPoint Group. This collaboration…
Europe and Middle East Cloud Services Trends
Mambu acquires Numeral to improve core banking services
What happened: Mambu acquires French payments platform Numeral Cloud-based core banking provider Mambu has acquired Numeral, a banking aggregation and payment automation platform headquartered in Paris, France. The acquisition will integrate Numeral’s advanced payment…
Europe and Middle East Cloud Services Trends
UK unveils $12.6M Nvidia Grace-Based supercomputer
What happened: UK launches Nvidia Grace-Based supercomputer The UK has introduced Isambard-AI, a new Nvidia Grace-based supercomputer built with advanced Nvidia GH200 Grace Hopper Superchips and hosted at the National Composites Centre in Bristol. Valued at £10 million($12.6…
Europe and Middle East Cloud Services Trends
Vega C’s comeback: Europe reclaims space ambitions
What happened: Europe’s Vega C rocket set for crucial relaunch ESA’s Vega-C rocket is complete on the launch pad at Europe’s Spaceport and ready for liftoff. The final element of the rocket, which includes the Sentinel-1C satellite that will be launched into space, was installed…