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.
POWER OF 4 FORUM
Power of 4 Forum: Support Legal CTO joins expert Blockchain panel
tahawultech.com will welcome Support Legal’s newly appointed chief technology officer to the stage for the upcoming Power of 4 Fourth Industrial Revolution Forum later this year.
What Dubai residents think of an Uber-Careem merger
Earlier today, it emerged that Uber is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services. The companies have …
Emirates flyers can now preview seats in 3D via virtual reality tech
Emirates has introduced 3D seat models on emirates.com, becoming the first airline to introduce web virtual reality (VR) technology on its digital platform.
New initiative to empower young entrepreneurs launches in UAE
The partnership aims to focus on supporting entrepreneurship, financial literacy and workplace readiness amongst the youth of the UAE and the wider Middle East
Abu Dhabi incubator revamps programme for Emirati tech entrepreneurs
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).
UAE cybersecurity firm to safeguard Expo 2020 digital network
Expo 2020 Dubai is teaming up with UAE-headquartered DarkMatter to deploy advanced cybersecurity technologies that will help safeguard digital experiences at the upcoming mega event.
Analysts: Uber-Careem deal in the interest of the industry
The last two and half years haven’t been easy for Uber Technologies. Post the exit of its former CEO Travis …
Middle East unicorn Careem responds to merger talks
Uber is reportedly in “preliminary talks” with local competitor Careem to strike a deal that would see the two companies merge.
Saudi Arabia’s STC inks deal with global telecom firms
Saudi Telecom Company (STC) has announced that it signed partnership agreements with three international telecom companies, namely Huawei, Ericsson, and Nokia.