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📱 5G Gains Momentum //

du offers a 5G network service for UAE residents. ‘Home Wireless’ subscribers will be the first to get instant access to 5G in their homes. 5G Home Wireless is a plug-and-play service that also includes unlimited data and OTT streaming capabilities. In addition, users will be offered a 12-month subnoscription to Amazon Prime, OSN Streaming and beIN Connect.

The package starts at Dh299 per month plus 5 percent VAT.

The 5G subscriber base in the UAE is growing day by day as the number of 5G-enabled devices users increases.

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🏎 Buy NFT – Get a Real Supercar //

For the first time, NFT buyers can temporarily own a supercar.

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New Restrictions on the Activities of Companies in the EU //

After prolonged negotiations, a new law aimed at tackling the problem of illegal content was passed.

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😎 Create Your Own Avatar //

The beta version of Telegram for macOS has an interesting function – the ability to create avatars from animated emoji, stickers, and text. We show you how it works.

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🪡 AI helps Tailor a Kandura //

Emirati start-up CanCan has developed an innovative way for consumers to purchase kanduras.

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📈 Emerging Tech Sandbox //

In Saudi Arabia, the Communications and Information Technology Commission (CITC) has launched the sandbox that allows emerging technology service providers to test their products safely. It will enable providers to create innovative solutions and services that foster digital transformation across all sectors. In addition, the sandbox is designed to attract local and international investment.

Saudi Arabia is seeking to diversify its economy away from oil as part of its Vision 2030.

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😱 Saudi princes run out of money //

According to WSJ, Saudi princes that used to enjoy lavish lifestyles are now running out of cash. They have already sold $600 mln worth of real estate, yachts and artwork in order to pay their property bills, taxes and staff salaries.

This is due to the policy of crown prince Mohammed bin Salman, de-facto ruler of the kingdom, that is cutting benefits members of the royal family used to get from the state. For many years they have been accumulating billions of dollars through oil and real estate sales as well as business deals involving the government.

Today not only does the crown prince try to sideline his political adversaries inside the royal family, but he also aims to undermine their financial well-being.

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💸 Leaving Russia behind //

Oliver Hughes and Pavel Fedorov, co-directors of Russian TCS Group left the company, Forbes and Russian vc.ru reported.

As of now they are trying to gain investment from venture and sovereign wealth funds for their new start-up in South-East Asia. Currently they are in Abu-Dhabi.

Earlier this day Russian RBC reported that Oleg Tinkov, founder of TCS Group, wants to sell his share in the company which he owns through a family trust.

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🌊 Kraken extends its tentacles into the Middle East //

Kraken, one of the world’s biggest cryptocurrency exchanges, received a full financial license from Abu Dhabi Global Market. It is now allowed to operate its virtual asset trading platform in the UAE capital where the company set its new headquarters.

Kraken will allow clients to invest, trade, withdraw and deposit virtual assets directly in dirhams. The company has more than 8 million users globally.

This step comes as cryptocurrency exchanges flock to the MENA region. Recently Binance intensified its cooperation with Dubai.

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👨‍👩‍👦‍👦 Parents’ Helper //

FinTech app Zenda, which allows parents to pay school fees with pay-now and pay-later options, has raised $9.4 million in a seed round.

The app assists families in tracking their school fee deadlines, making payments through pay-now and pay-later options and receiving rewards for paying on time.

The buy now, pay later business model permits consumers to make online purchases instantly and spread their payments over a series of interest-free instalments.

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🛒 Elon Musk Buys Twitter for about $44 billion //

The company's board of directors and Tesla's CEO have agreed to the final details of his offer at a price of $54.20 per share.

On Monday, the company announced purchase of company by Elon Musk. The world's richest man has thus become the owner of one of the most influential social networks, which serves as a platform for political leaders, a board for experts in various industries and an information hub for millions of ordinary users.

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🚀 'Elon Buys Twitter' token shows 6000% growth //

Even before Elon Musk actually bought Twitter, someone launched a crypto named ‘Elon Buys Twitter’ which has witnessed price jump of over 6000% over the last 24 hours.

The team of creators believes the token is something more than just a joke. They say it will “give meme creators a chance to earn and allow them to gain a stipulated revenue on for their work".

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⚡️ Send TON to a friend directly on Telegram //

An official bot @wallet is the first to integrate a cryptocurrency wallet right into the attachment menu on Telegram. This means, that already today you can quickly and easily send TON to other users.

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📲 Israeli tech firms secured $5,95 billion in funding in Q1 2022 //

A total of 132 Israeli tech firms secured $5,95 billion in funding during the first quarter of 2022, which marks a slight increase compared to the corresponding period in 2021 ($5.90 billion).

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5️⃣ Telegram ranked 5th among the most downloaded apps worldwide

In Q1 2022 Telegram remained among the top 5 most downloaded apps worldwide with more than 100 mln downloads. The app surpassed Snapchat, Messenger and Spotify.

Meanwhile Tik-Tok remained the most downloaded app worldwide achieving a record of 3,5 bln all-time downloads.

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Newsfeed on Telegram? //

Recently, Russian media have posted news about Telegram possibly introducing newsfeed. There is already something similar on the app: after reading messages in one channel, you can swipe up to read the next one.

However, our readers still dream of a newsfeed more familiar to them. Here, for example, is one concept. It implies creating a separate chat, where you can add any channels you wish, instead of a newsfeed.

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🚗 Saudi Arabia buys 100,000 EVs from Lucid //

Saudi Arabia has committed to buy 50,000 vehicles, with an option to purchase an additional 50,000 vehicles during the ten-year time frame.

The agreement between the Saudi government and California-based company is part of the Saudi Vision 2030 plan to diversify away from fossil fuels. At the moment Lucid is building a factory to assemble its electric vehicles in Saudi Arabia, which will be its first overseas.

Saudi Arabia Public Investment Fund is Lucid's largest shareholder, with about a 61% stake in the company.

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