Tech stock redemptions have totalled $1.5 billion in the past week, the biggest since February 2015, according to a Reuters report.
FinTech poised to reshape future financial markets: study
Investments in Gulf-based fintech startups are expected to reach $ 2 billion in the next decade, compared to a mere $ 150 million invested in the last 10 years, according to a new study by MENA Research Partners (MRP), a leading research company in the region.
Siemens, Aruba team up to bridge gap between OT and IT
Siemens and Aruba, a Hewlett Packard Enterprise company, have announced a strategic partnership focused on bridging the Operational Technology (OT) and Information Technology (IT) worlds.
Tech takeover in legal sector is inevitable, says expert
With technology already having a significant impact on UAE legal processes, STA Law Firm states that the use of attorneys for lawsuits and compliance is under threat, while the practice of obtaining legal counsel for contract execution will soon be a practice of the past.
Emirati Captains can use private vehicles under Careem’s new initiative
Careem, in collaboration with TransAD, has introduced a new programme to provide flexible and safe income earning opportunities to Emiratis and sons and daughters of Emirati women living in Abu Dhabi.
SupplyVan announces White Friday sale for MRO products
SupplyVan.com is an e-commerce platform that sells a wide range of products such as power tools, hand tools, safety, electricals, …
Pure Storage launches new cloud data services
All-flash storage firm Pure Storage has announced Pure Storage Cloud Data Services, a suite of new cloud offerings that run …
Three things to consider when buying flash storage
The advantages of all-flash storage and why Huawei OceanStor all-flash storage is an ideal choice for mission-critical business.
UAE Museum of the Future to open doors in 2020
The Dubai Future Foundation (DFF) has announced the completion of the Museum of the Future’s building structure.
UAE accelerates drive to make country “cyber-attack free”
The Telecommunications and Regulatory Authority (TRA) of the UAE, represented by the Computer Emergency Response Team, aeCERT, has secured a …
UAE inks deal to advance space training in Bahrain
The United Arab Emirates Space Agency (UAESA) has signed a Declaration of Principles with Bahrain’s National Space Science Agency (NSSA) and the UAE’s Khalifa University, for the Training of the Bahrain Space Team.
UAE-based Yahsat launches MYSAT-1 CubeSat to the ISS
Yahsat, UAE-based global satellite operator, wholly-owned by Mubadala Investment Company, and Khalifa University of Science and Technology, a research university …
Tesla opens up Model 3 orders in China
Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), …
Volkswagen to invest billions on developing electric cars
Volkswagen’s chief executive Herbert Diess said that the firm is expected to become the most profitable manufacturer of electric cars …
Whirlpool launches new initiative to bridge tech gap in the Middle East
In a first-of-its-kind initiative aimed at bridging the widening technology gap in the Middle East region, Whirlpool Corporation has launched …
Careem to develop “curated routes” to promote Abu Dhabi tourism
UAE-based ride-hailing firm Careem has reportedly signed a partnership deal with Abu Dhabi to collaborate to enhance the tourist experience in the capital.
UAE-based VR startup could be the next Arab unicorn
UAE-based VR startup 360 VUZ is making waves in the North American startup tech scene as it takes part in Harvard Business School’s Start Up Pitch Competition in Boston.
UAE makes giant leap in global ICT competitiveness
The UAE has made a new leap in the Global Competitiveness Index, GCI, according to the recent Global Competitiveness Report issued by the World Economic Forum (Davos) 2018, WAM reported.
A10 Networks inks global reseller deal with NEC
A10 Networks has announced a global system integration and reseller partnership with NEC Corporation.
Kaspersky grows in Middle East amid North American woes
Publicity over cyberespionage has not stopped the Russian cybersecurity specialist Kaspersky Lab from growing rapidly in the Middle East in 2018, with business linked to enterprises increasing by nearly 30 percent.