The MAGNiTT Exit report in 2017 revealed that there was a total of 60 startup exits – the point an investor (usually a venture capitalist) sells their stake in a firm to realise their gains – across the MENA in the years of 2012 to 2017.
The last two and half years haven’t been easy for Uber Technologies. Post the exit of its former CEO Travis …
Uber is reportedly in “preliminary talks” with local competitor Careem to strike a deal that would see the two companies merge.
Dubai Electronic Security Centre (DESC) is set to launch the region’s first ‘Cybersecurity Standard’ for autonomous vehicles.
Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported, citing three people familiar with the matter.
The Booking and Dispatch Center at RTA’s Public Transport Agency has handled 8,294,714 million bookings placed by taxi riders in Dubai during the first half of this year.
UAE’s Advanced Sciences Office has organised an interactive workshop, which explored ways on how the transport and logistics sector can benefit from technological and scientific advances.
DT World will provide its ‘Mawani’ system that connects logistics services onto one platform, as well as management and consultancy services to DR Trade.
Boeing has announced its investment in Matternet, a California-based startup pioneering safe, on-demand unmanned aerial vehicle (UAV) delivery operations in urban environments.
Dubai Aviation Engineering Projects (DAEP) has introduced new projects aimed at developing the aviation industry under the umbrella of the Dubai 10X initiative.
Schneider has teamed with JAGGAER, an independent spend management company, to save shippers on spot transportation requests.
RTA’s Dubai Taxi Corporation (DTC) has held its Government Innovation Lab 2018 that aimed at concluding creative ideas and suggestions to induce a positive change in Dubai Taxi services.
The Dubai Roads and Transport Authority (RTA) has recently enabled payment of fees using Near Field Communication (NFC) technology of smartphones and devices at Customer Happiness Centres.