Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding with Middle East Venture Partners (MEVP) to facilitate exchange of information on the latest trends in the finance industry, with a focus on the FinTech field.



Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding with Middle East Venture Partners (MEVP) to facilitate exchange of information on the latest trends in the finance industry, with a focus on the FinTech field.

Snap is reportedly planning another round of layoffs, and the company’s engineering team is expected to take the bulk of the cuts, according to a report by Recode.

Magic Leap, a startup working in the augmented reality space, has revealed that on Wednesday it raised $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment arm.

Orange Business Services has recently signed a smart consulting agreement with Jeddah Economic Company (JEC), the master developer of the world’s tallest tower, Jeddah Tower.

IBM has settled the trade secrets lawsuit it had filed against its former chief diversity officer who left for a similar job at Microsoft.

Ajman Crown Prince Sheikh Ammar bin Humaid Al Nuaimi has reviewed the plans and strategy of the UAE Ministry of Artificial Intelligence, as well as the details of related national policies.

DarkMatter has appointed Karim Sabbagh as its new chief executive officer, effective April 2018.

Dialog Semiconductor expects Apple, its top customer, to use its chips for a significant proportion of its devices in 2019 and 2020, the firm’s chief executive Jalal Bagherli has told a German newspaper.

Dubai is opening new opportunities for start-ups and entrepreneurs to become part of Dubai Government’s Strategy to elevate the city into a global platform for innovation-focused businesses.

The GCC mobile phone market has experienced mild seasonal growth during the last quarter of 2017, according to the latest data revealed by IDC.
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