Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial technology products and services.
Dubai-based property website raises $120 million in investments
Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real estate classifieds website Property Finder, Reuters reported.
Samsung leads GCC smartphone market: report
Smartphone shipments to countries in the Gulf Cooperation Council (GCC) increased for the first time since Q1 2017, according to a recent report.
More Middle East content coming to Snapchat
Snap the parent company of Snapchat says it is closely watching the next trend in the smartphone industry – a …
UAE-based Virgin Mobile MEA mulls IPO
Virgin Mobile Middle East and Africa is exploring options including selling all or part of itself, Bloomberg reported citing people familiar with the matter.
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.
Middle East smart city spending to double in four years: report
Technology spending by smart cities in the Middle East and Africa (MEA) region is expected to double from $1.3 billion to $2.7 billion in the next four years, according to a recent report.
More than two million deals await SOUQ.com White Friday shoppers
SOUQ.com has announced that this year’s White Friday will be the biggest event ever, offering more than two million deals on the widest variety of products.
Calling all music lovers: Spotify now available in Middle East
Popular paid music streaming service, Spotify, has officially launched in the Middle East and North Africa, Reuters reported.
Ingram Micro to bring Ipswitch offerings to META
Ipswitch, producer of easy-to-use secure file transfer and network management software, announced a distributor partnership with Ingram Micro META.
IT spending in EMEA to total $973 billion in 2019, up 2 percent from 2018
IT spending in EMEA is projected to total $973 billion in 2019, an increase of 2 percent from the estimated …
Bahrain authority recognises InfoWatch’s contribution to cybersecurity
Russian information security company InfoWatch Group has been recognised at the Bahrain Technology Awards, which was held during GITEX Technology Week.
Ring to expand across Gulf and African markets
Mohammad Meraj Hoda, vice president, Business Development, Middle East and Africa, Ring, explains how the firm aims to harness the …
New programme to boost digital skills launches in Middle East
In collaboration with ‘Maharat min Google’, Google’s digital skills-building program in MENA, Udacity is launching a Nanodegree program specifically designed …
World’s third largest crypto firm to open offices in Dubai
Ripple, the third largest cryptocurrency in the world, is reportedly planning to open a new office in Dubai.
FinTech Summit spotlights blockchain opportunities in Dubai
Blockchain will be a key focus at the 3rd annual Fintech Summit being held in Dubai on 30th October 2018 on board the Queen Elizabeth 2 at Port Rashid.
How LinkedIn is using AI to connect the global workforce
LinkedIn’s chief data officer and vice president of engineering Igor Perisic tells CNME how he believes organisations can “do AI.”
Huawei to expand its flagship stores across UAE
Huawei has chosen the Mall of the Emirates for its third experience center in the UAE The Huawei Consumer Business …
Oracle looks to cement GCC presence
For more than two decades, Abdul Rahman Al Thehaiban has worked for Oracle, starting off as a sales director for the company’s Saudi operation and now a senior vice president covering the Middle East, Turkey and Africa.
Dubai-based tech unicorn secures $200 million in fresh funding
Middle East ride-hailing company Careem had reportedly secured $200 million in fresh funding from existing investors, Reuters reported.