The online travel market in the Gulf Cooperation Council (GCC) countries is expected to reach $ 15 billion by 2023, according to MENA Research Partners.
Uber’s acquisition of Careem to be completed in eight months
Uber’s acquisition of the Dubai tech unicorn Careem will be completed within seven to eight months, according to the ride-hailing firms’ CEOs.
Security skills gap brings new and unprecedented risks: SANS Institute MD
Taking part at this year’s GISEC, SANS Institute aims to to urge regional leaders to get tough on tackling the cyber security skills gap.
Huawei to launch assault on edge, driverless cars market with AI chipset
Huawei has announced that crucial AI elements are now “fully integrated” into its Atlas chipset, signalling the firm’s readiness to …
Uber confirms acquisition of Dubai-based Careem
Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash.
Uber to acquire Dubai-based Careem for $3 billion: report
Uber is reportedly gearing up to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem as early as this week.
UAE announces new Arab space collaboration initiative
The UAE has launched a regional space collaboration programme that aims to empower the Arab nations to pursue initiatives in …
Gulf IT Distribution spotlights “partner-focused and customer-centric” growth strategy
With a mission of delivering high value security offerings, Gulf IT Distribution is committed to its “partner-focused and customer-centric” strategy. The team at the UAE-based VAD sat down with Security Advisor ME to discuss how they are primed to address the growing security demands in the region.
MEA PC market outlook remains bleak: report
The Middle East and Africa (MEA) personal computing devices (PCD) market has declined 5.0 percent year on year in Q4 2018, according to the latest insights from IDC.
Global fintech investments reach $112 billion
Global financial technology (Fintech) funding rose to $111.8 billion in 2018, up 120 percent from $50.8 billion in 2017, according to the KPMG Pulse of Fintech report.
Dubai most attractive FDI destination for AI and robotics
Dubai has attracted more than $21 billion worth of foreign direct investments (FD) for artificial intelligence and robotics projects from 2015 to 2018.
Barco appoints Mindware as Middle East VAD
Barco has entered a partnership with Mindware, the regional value-added distributor of IT solutions, to expand its presence in the Middle East.
Selling the dream: why managed services redefine digital business
Raqmiyat’s director of managed services Ugresh Kumar discusses how the firm’s practice has gone from strength to strength and the ways it can do the heavy lifting of GCC digital transformation.
5G subscriptions in Middle East to hit 30 million in five years
5G is expected to reach 30 million subscriptions for enhanced mobile broadband in the Middle East and Africa (MEA) by the end of 2024, representing two percent of total mobile subscriptions.
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.
GCC smartphone shipments plunge to lowest level
Smartphone shipments to GCC countries have fell 9.4 percent year on year in 2018 to total 23.6 million units, the lowest since 2013, according to IDC.
Sariya IT, 2CRSI host partner event in Dubai
Regional VAD Sariya IT and 2CRSI, a France-based vendor of servers, rugged solutions, high performance computing, data centre, and customised solutions, have recently held the Partner meet in Dubai.
UAE retail giant teams up with SAP in digital transformation push
Dubai-based Majid Al Futtaim is spearheading the digital transformation of the region’s $313 billion retail market by digitally transforming its Carrefour brand with global technology company SAP.
SoftBank backs Abu Dhabi Mubadala’s $400 million European tech fund
Japanese firm SoftBank Group has reportedly provided nearly half of the cash for Abu Dhabi’s state investor Mubadala Investment’s new $400 million European tech fund.
Spire Solutions, EclecticIQ ink Middle East partnership
Regional cybersecurity VAD Spire Solutions and EclecticIQ, a provider of applied Cyber Threat Intelligence technology with an analyst-centric Threat Intelligence …