As part of its dedication to the Dubai 10X initiative, the Department of Tourism and Commerce Marketing (Dubai Tourism) is continuously supporting innovative start-ups that will boost the tourism sector.
Abu Dhabi’s Mubadala announces $400M European tech fund
Mubadala Investment Company of Abu Dhabi has announced plans to create a $400 million fund to invest in leading European technology companies.
Tesla to slash workforce in a “difficult but necessary” reorganisation
Tesla is slashing thousands of jobs, the firm’s CEO Elon Musk announced, as the electronic car company attempts to hit production targets and reach profitability.
UAE crypto firm first in MENA to receive regulatory sandbox licence
Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
Technology a game-changer for Middle East M&A deals: experts
The fundamentals of merger and acquisition (M&A) deals in the GCC region have not been significantly affected by artificial intelligence (AI) and still rely on human cognition.
Sharjah accelerator awards $50,000 grant to tech startup
The Sharjah Entrepreneurship Center (Sheraa) showcased its newest cohort in front of leading investors, key opinion leaders and heads of government entities, and announced the winner of the $50,000 Accelerator Program Grant at a Ramadan majlis, earlier this week.
Canon to support business solutions demands in Saudi Arabia
Canon Middle East (CME) has announced that it is expanding its regional presence by establishing direct operations in Saudi Arabia.
Samsung to empower Middle East SMBs with new cloud-based platform
As part of its support for the SMB community in the Middle East and North Africa region, Samsung Electronics has announced the launch of Samsung Business Suite.
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.
UAE’s Etisalat teams up with startups to develop future technologies
Etisalat Digital has announced that it has signed strategic partnerships with four scale-ups as part of the ‘Dubai Future Accelerators Program,’ the world’s largest government supported accelerator.
Supply chain the new weak link in business security: study
Last year saw a worrying increase in ransomware and other cyber-attacks targeting the supply chain, with the business and professional services sector receiving a significant increase of attacks.
Ooredoo Oman to allow users to carry forward unused data
Ooredoo has announced that Home Broadband customers are now able to enjoy fast speeds, data rollover and the ease of being connected straight from the box, with their ‘available everywhere’ service
AI startup receives grant from Abu Dhabi kickstarter programme
startAD, the innovation and entrepreneurship platform anchored at New York University Abu Dhabi (NYUAD), announced NEURAi as the winning startup of the hardware Venture Launchpad.
Japanese tech investor to open Saudi Arabian office
SoftBank is reportedly planning to open an office in Saudi Arabia to further strengthening its ties with the kingdom.