Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with US firm Altaba.
Gemalto has released the results of a global study which reveals that more than half of the companies surveyed in the Middle East (56 percent) are unable to analyse all the data they collect and 32 percent do not know where their sensitive data is stored.
The study titled, The Challenge of Building the Right Security Automation Architecture, highlighted that the growing threat landscape and security skills gap facing cybersecurity teams demand that organisations implement automation for a stronger security posture.
The partnership aims to focus on supporting entrepreneurship, financial literacy and workplace readiness amongst the youth of the UAE and the wider Middle East
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has partnered with Khalifa Fund for Enterprise Development for the first time to present an updated version of Ibtikari (My Innovation).
LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has opened applications for its inaugural Artificial Intelligence (AI) Venture Launchpad.
Saudi Arabia’s Research and Development Office (RDO) has announced a new initiative that will provide small businesses in the kingdom access to the research facilities of local universities.
As their businesses grow, companies increasingly embrace new business tools and cloud services in an attempt to make their employees’ working lives more efficient and flexible, as well as reduce expenditures.
Emirates Flight Catering (EKFC) will co-invest $40 million to build the world’s largest vertical farming facility near Al Maktoum International Airport at Dubai World Central.
Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
ConsenSys Ventures has announced that it will be accepting applications for the Tachyon accelerator.