startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has opened applications for its inaugural Artificial Intelligence (AI) Venture Launchpad.
Saudi Arabia to foster SME growth with new R&D initiative
Saudi Arabia’s Research and Development Office (RDO) has announced a new initiative that will provide small businesses in the kingdom access to the research facilities of local universities.
SMBs still struggle with over-complicated IT infrastructure
As their businesses grow, companies increasingly embrace new business tools and cloud services in an attempt to make their employees’ working lives more efficient and flexible, as well as reduce expenditures.
Emirates to build $40 million vertical farming facility in Dubai
Emirates Flight Catering (EKFC) will co-invest $40 million to build the world’s largest vertical farming facility near Al Maktoum International Airport at Dubai World Central.
Bahrain VC raises $100M to support Middle East tech startups
Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
ConsenSys Ventures unveils new blockchain-focused accelerator programme
ConsenSys Ventures has announced that it will be accepting applications for the Tachyon accelerator.
Help AG to spotlight how AI and machine learning impact cybersecurity
Help AG is set to host its flagship Security Spotlight Forum in Dubai and Abu Dhabi on the 25th and 26th of June respectively under the theme ‘AI and Machine Learning in Cyber Security’.
GITEX
GITEX Future Star contender sets out to transform Dubai’s travel industry
DUBZ first gained exposure during the first-ever Dubai Tourism Start-Up Competition, ‘Futurism’, organised in strategic collaboration with GITEX Future Stars.
DIFC bolsters Dubai’s FinTech ecosystem with new deal
Dubai International Financial Centre (DIFC) has announced its partnership with Startupbootcamp to support the development of the growing FinTech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region.
Cybersecurity awareness gains traction among enterprises: report
Cybersecurity awareness programmes are beginning to gain ground among businesses, however, many of the professionals responsible for their implementation are challenged by a lack of time, budget and resources.
Dubai boosts support for travel-tech start-ups
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.