The MENA Annual Venture Report for 2017 revealed that the deals secured by UAE startups accounts for 84 percent of the $475 million whole deal value raised by regional startups last year.
UAE secures top 20 position for future tech readiness: WEF report
The WEF report showed that the UAE also ranked 22nd in the sub-category: ‘Ability to Innovate,’ but fell to 50th place in ‘Cybersecurity Commitment.’
‘One Million Arab Coders’ plan draws huge response
The Dubai Future Foundation’s (DFF) “One Million Arab Coders” programme has witnessed an enormous turnout as more than 250,000 applicants …
Smart grids, green tech await after DEWA 2018 budget approval
Dubai Electricity & Water Authority’s (DEWA) total budget of AED 26.417 billion for 2018 has been approved, a jump from …
Oman electricity authority boosts support for electric vehicles
Oman’s Authority for Electricity Regulation (AER) has recently announced plans to prepare a regulatory framework to support the introduction of electric vehicles in the Sultanate.
Veritas names Greg Hughes as CEO
Data management vendor, Veritas Technologies has appointed Greg Hughes as chief executive officer, as part of a planned succession strategy …
Dubai Police launches Ifaad scholarship e-platform
Dubai Police has inaugurated the Ifaad online platform for its scholarship program, for students either in or outside of the UAE. …
Gulf IT professionals optimistic about salary hikes
A recent study released by Hays Recruiting revealed that professionals working in the IT sector in the Gulf are more optimistic about the prospects of a pay rise as compared to professionals in non-IT roles.
UAE Space Agency unveils programme for space enthusiasts
The UAE Space Agency has recently launched a new online portal called ‘iShuttle’, designed to engage with and drive interest in space among students, teachers and the wider public.
Apple issues update to fix Spectre chip flaw
According to reports, the supplemental security update likely addresses the Spectre flaw that affected Safari and may contain further mitigations for Meltdown.
Logistics platform Truxapp projects $1 billion revenue by 2022
Trucking and logistics technology platform Truxapp has projected that its revenue will hit the $1 billion mark by 2022, with …
Infor joins LinkedIn Learning Solution’s LMS Integration Partner Programme
Infor has announced the company’s inclusion in the LinkedIn Learning Solution’s LMS Integration Partner Programme. This will allow the firm …
HP debuts new products at CES 2018
HP, Inc. has unveiled a series of new products at the on-going CES 2018 taking place in Las Vegas. The …
Samsung announces connected car solutions at CES 2018
At CES 2018, Samsung Electronics has introduced the first set of connected car solutions developed with Harman International, which it …
Belfrics Global all set to launch cryptocurrency exchange in Bahrain
This makes Belfrics Group the first ever exchange in the Middle East to obtain a central bank issued license to run a cryptocurrency exchange.
ADGM, Bahrain EDB pen MENA-first cross-border Fintech deal
Abu Dhabi Global Market (ADGM) and the Bahrain Economic Development Board (Bahrain EDB) have signed a Fintech cooperation agreement, marking …
Eyewear e-commerce startup reports significant investment
Eyewear e-commerce specialist in the UAE and KSA eyewa has reported dramatic growth since launching in 2017. Established by Anass …
Uber ex-CEO Travis Kalanick to sell $1.4 billion worth of shares
Uber Technologies’ ousted CEO and co-founder Travis Kalanick is reportedly planning to sell $1.4 billion of stock in the company, or 29 percent of his stake, according to a report by Bloomberg.
Virgin Mobile, Careem team up to provide speedy SIM delivery in UAE
Virgin Mobile UAE brand has partnered with regional ride-hailing firm Careem to ensure SIM delivery and home activation to its customers in under thirty minutes.
Vuzix to launch Amazon Alexa-powered smart glasses
Vuzix will unveil a set of smart glasses powered by Alexa this week, as Amazon’s smart assistant continues to pose a …