Estonia’s Taxify has reportedly raised $175 million in funding from a group led by German automaker Daimler, which will enable the firm to step up its fight against global rival Uber across Europe and Africa, Reuters reported.
Saudi Arabia, Technology, UAE
Excessive technology use to blame for child obesity in UAE, Saudi Arabia
Nine in 10 children across UAE and KSA have access to tablets, smartphones or other handheld electronic devices with screens.1 3444
DEWA to develop sustainable solutions with startups
The Dubai Electricity and Water Authority (DEWA) has recently signed partnerships with three start-ups to work with them in the 4th Dubai Future Accelerators Programme.
Abu Dhabi to improve capital markets with blockchain deal
Abu Dhabi Securities Exchange (ADX) has recently signed a partnership agreement with London-based fintech firm Equichain with aims to bring efficiencies to capital markets.
Smart real estate system lets Dubai landlords trade “anywhere, at anytime”
As part of its contribution towards the Dubai 10X initiative, the DLD has introduced the Real Estate Self Transaction “REST” – a platform for conducting real estate trading and transactions with multiple parties, anywhere and anytime.
UAE nuclear power plant delays operations to 2019
The cause of the delay in the nuclear power plant’s operation – which was originally due to begin in late 2018 – is reportedly due to a “comprehensive operational readiness review.”
E-commerce sales peak during Ramadan: study
Criteo has recently released data that showed that the highest rise in online retail sales and website visitors was seen in the week before Eid-al Fitr.
Apple wins $539 million in Samsung patent case
A US jury has recently ordered Samsung Electronics to pay $539 million to Apple for copying patented smartphone features, according to court documents, Reuters reported.
Why football legend Michael Owen is Blockchain’s unlikely champion
The world has changed a lot since an 18-year-old Michael Owen took the footballing world by storm. After bursting on …
New e-system enhances Dubai Health Authority operations
The Dubai Health Authority (DHA) has announced that it has achieved a significant leap in its smart transformation initiative for its purchasing and contracts operations.
Dubai-based Careem mulls $500 million in funding
According to a report by Bloomberg, which cited people familiar with the matter, the Uber rival plans to raise the money as a precursor to a possible initial public offering and the fund-raising round could value Careem at as much as $1.5 billion.