Masdar City, Abu Dhabi’s flagship sustainable urban community, has launched Tech Park, a new destination for start-ups focused on technology, sustainability and the digital economy.
Du to foster local AI innovation and entrepreneurship
du, from Emirates Integrated Telecommunications Company (EITC), has announced the launch of the first-ever IoT and AI Pioneers Competition.
Global healthcare firms “overspend” on cloud: report
Global healthcare companies report being about 40 percent over budget when it comes to public cloud spend, compared to 35 percent of cross-industry global companies.
Saudi Arabia biotech startups raise $10 million
The Saudi biotech startups incubated by Badir Biotechnology Incubator, under the Badir Program, set up by King Abdul Aziz City for Science and Technology (KACST), has successfully raised close to $10.133 million in new funding last year.
IT spending in Middle East to hit $160 billion
Middle East and North Africa (MENA) IT spending is projected to reach $160 billion in 2019, a 1.8 percent increase from 2018, according to the latest forecast by Gartner.
Uber in “advanced talks” to acquire Middle East rival Careem
Uber Technologies is in advanced discussions to buy its Dubai-based rival Careem Networks, according to a Bloomberg report.
Saudi Arabia’s Badir tech startups raise $29 million
Badir Program for Technology Incubators and Accelerators, one of the initiatives of KACST, has reported that its incubated technology startups raised nearly $29.32 million across 63 funding deals in 2018.
Seven in 10 businesses in EMEA are moving to the cloud: study
Seven in 10 organisations are likely to move more of their business functions to the cloud in the coming years, according to a study by Equinix.
UAE’s national airline bolsters internal AI skills
Etihad Airways, the national airline of the UAE, has announced a strategic partnership with Microsoft to launch the first ever in-house AI Academy in the region.
Bahrain Fintech Bay announces new JV to boost AI adoption
Labiba for Artificial Intelligence announces formation of Labiba W.L.L and its venture acceleration partnership with Bahrain Fintech Bay.
Disconnect in “experience economy” puts businesses at risk: study
Organisations today should address the “customer experience disconnect” as it could lose them business or even jeopardise their chances of survival in competitive markets.
Three in four Middle East firms have “yet to move to cloud”: Microsoft
Almost three in four Middle East organisations that have not yet moved their digital estates and IT environments to the cloud, plan to do so in 2019, a Microsoft survey has revealed.
Majority of global firms “don’t trust their security metrics”: study
Ponemon-Tenable study has revealed that 60 percent of organisations suffered two or more business-disrupting cyber events in the last 24 months.
Nestlé transforms workplace with Facebook’s enterprise platform
Nestlé has adopted Workplace by Facebook as its global internal communication tool, to connect its workforce and better serve consumers.