This marks a significant milestone for e& as the first technology and investment conglomerate in the Middle East to launch NFTs. The inaugural set of NFTs will be distributed selectively, and the Group will be providing further updates as their plans for the NFTs progress. Hatem Dowidar, Group CEO, e&, said: “The digital transformation that we are experiencing on all fronts will accelerate our quest to innovate. With 5G bringing lower latency, faster speeds and reducing capacity, the creative ways this technology can be used in the NFTs market has no boundaries. To enable the digital transformation of governments, large-scale enterprises and corporates, e& enterprise focuses on maximising value through its end-to-end solutions in, Cloud, Cybersecurity, Internet of Things (IoT) and Artificial Intelligence (AI).

Source: Forbes May 30, 2022 11:08 UTC