Techstars in partnership with GINCO Investments, and Dubai Future Foundation’s Area 2071 initiative has opened the applications for the second edition of the Techstars Dubai accelerator programme.
Facebook to open new offices for 6,000 employees
Facebook has reportedly announced that it would double its presence in London, acquiring nearly 600,000 square feet (56,000 square metres) of office space across two buildings in King’s Cross
UAE payments firm unveils e-commerce platform for small businesses
Network International, has announced the launch of ‘Go-Online’, an e-commerce platform, powered by Shopmatic, targeted at local small, medium and start-up businesses.
Polycom goes “all-in” with expanded Microsoft partnership
Polycom has announced that RealConnect Service, the first cloud-based video interoperability solution, now supports Microsoft Teams.
Digital-focused CEO to take the reins at Emaar Malls
Patrick Bousquet-Chavanne, who left Marks & Spencer in May following a business restructure, has been appointed chief executive at Dubai-based Emaar Malls.
Fast track growth: Visa mentors Dubai tech startups
Visa and Startupbootcamp have hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec).
GCC trio in talks to drive regional fintech industry
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
Accelerating creative minds: FinTech Hive receives huge response this year
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
Softbank raises stake in Yahoo Japan
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with US firm Altaba.
Middle East firms collect more data than they can handle: study
Gemalto has released the results of a global study which reveals that more than half of the companies surveyed in the Middle East (56 percent) are unable to analyse all the data they collect and 32 percent do not know where their sensitive data is stored.
Organisations struggle with too many vendors and security skills gap: study
The study titled, The Challenge of Building the Right Security Automation Architecture, highlighted that the growing threat landscape and security skills gap facing cybersecurity teams demand that organisations implement automation for a stronger security posture.
New initiative to empower young entrepreneurs launches in UAE
The partnership aims to focus on supporting entrepreneurship, financial literacy and workplace readiness amongst the youth of the UAE and the wider Middle East
Abu Dhabi incubator revamps programme for Emirati tech entrepreneurs
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has partnered with Khalifa Fund for Enterprise Development for the first time to present an updated version of Ibtikari (My Innovation).
LG bets big on robotics startups
LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.