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.


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.

Members of the Dubai Internet City (DIC) community have collectively attracted $2.12 billion (AED 7.8 billion) in funding since its …

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.

Oman is expanding its initiatives focused on financial technologies with the upcoming launch of the Sultanate’s first comprehensive e-payment platform.

Following its launch at the Mobile World Congress in Barcelona in February, Samsung’s latest flagship has now arrived in the UAE.

Careem has announced its commitment to recruit more females to become Captains on their platform.

Citizen engagement, according to the firm, is becoming one of the most critical drivers to the success of Smart City initiatives.

A consortium focused on improving cybersecurity of fintech companies has been created by the World Economic Forum.

As carmakers gear up to electrify their fleets, they face challenges to secure supplies of raw materials used for battery production and to prove the environmental benefits of a lifecycle perspective, according to a report.

Saud Arabia’s Integrated Telecom Company (ITC) and Sofrecom, an Orange Group subsidiary, signed an agreement to lead the Outside Plant (OSP) implementation and management in all regions of the Kingdom for the next 3.5 years.
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