Mastercard has signed a Memorandum of Understanding (MoU) with Hub71 – a tech ecosystem based in Abu Dhabi Global Market Square that incubates global fintech startups and technology companies.
UAE-based doctor booking platform Okadoc has closed its $10 million Series A round, following a $2.3 million seed round in 2018.
Hub71, Abu Dhabi’s tech ecosystem, has launched the region’s first Microsoft Reactor programme as it further expands its ecosystem.
Saudi Arabia’s Misk Foundation has signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, that outlined steps towards creating a more dynamic market for startups between the Kingdom and the UAE.
With a total of $250 million (AED 918 million), the Mubadala MENA tech funds will capitalise on the growing startup scene in the region while empowering tech talent in the Emirates and across the wider region.
GITEX 2019 is inviting visitors to get hands-on with Artificial Intelligence, 5G and smart homes – innovations which will maximise the potential of human ingenuity.