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.
China-backed fund brings new opportunities to Middle East tech firms
London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a $15 billion fund aimed at technology companies globally.
Global communications tech firm completes $2 billion acquisition of Polycom
Plantronics has announced that it has completed its acquisition of Polycom in a deal that’s valued at $2 billion.
Technology, science enable UAE to become a regional logistics hub: minister
UAE’s Advanced Sciences Office has organised an interactive workshop, which explored ways on how the transport and logistics sector can benefit from technological and scientific advances.
Emirates Global Aluminium nurtures future STEM leaders
Emirates Global Aluminium has announced that its hands-on STEM learning programme ‘Engineer the Future’ reached 8,000 high school students during the 2017-2018 academic year.
UAE tax authority updates e-Services to ease customs clearance
The Federal Tax Authority (FTA) has revealed details of updates to its electronic services (e-Services) that have been designed to provide a greater number of facilities for customs clearance companies that operate under its approval.
Facebook data misuse investigation broadens: report
The federal probe into Facebook’s data breach incident with political consultancy Cambridge Analytica has broadened focus on the actions and statements of the tech giant.
UAE telco launches “Talking Bill” service
Etisalat has announced the launch of a ‘Talking Bill’ service that enables visually impaired customers to access bill summary details of their account free of charge.
DP World subsidiary launches electronic trade portal in the Dominican Republic
DT World will provide its ‘Mawani’ system that connects logistics services onto one platform, as well as management and consultancy services to DR Trade.
Alibaba acquires stake in Turkish e-commerce site
As part of their partnership, the companies will cooperate to help Trendyol, which has over 16 million customers, accelerate its growth
Dubai forum to spotlight the future of banking
The forum will also examine why sustainable finance is the future, and shed light on the region’s strong affinity towards sustainable banking.
Dubai ideally positioned to serve as ‘beating heart’ of regional FinTech hub
The report, titled “The Case for an Innovation Hub to Facilitate MEASA Financial Inclusion”, reveals how Dubai is strategically positioned to facilitate development of digitally enabled financial solutions for the region.
Mubadala Healthcare installs electronic medical records solution at UAE clinic
Mubadala Healthcare and Cerner have collaborated to implement Cerner’s integrated electronic health record (EHR) at Mubadala Healthcare’s Healthpoint facility.
Virgin Mobile UAE launches in-app customer service chat
The company has promised customers quick answers to their questions “in real time” by simply tapping the chat option in the app.