Saudi billionaire Prince Alwaleed Bin Talal has invested 1 billion riyals ($266.7 million) into music streaming company Deezer.
UAE-based Etisalat sells Thuraya stake for AED 137 million
Abu Dhabi Securities Exchange said in a statement that the stake has been sold to Star, a subsidiary of Al Yah Satellite Communications Company (Yahsat).
Apple becomes first US-based company to hit $1 trillion value
The news comes after shares rose 2.9 percent to close at $207.39 in New York, propelling the consumer-technology giant’s market value to $1.002 trillion.
Saudi Arabia’s $500B Smart City hosts first cabinet meeting
Saudi Arabia’s King Salman held his first-ever cabinet meeting in Neom, a planned $500 billion futuristic mega city.
Chinese consumers in UAE can now use Alipay
Network International has partnered with Alipay to provide seamless payment services to Chinese shoppers in the UAE.
Abu Dhabi to promote Emirati experiences with Airbnb
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Airbnb have teamed up to promote the UAE capital’s offerings.
It’s market day! UAE’s noon now offers groceries
noon, the Middle East’s homegrown online marketplace, now has groceries on hand that can be delivered right to your doorstep with just a few clicks.
Bahrain pushes for increased data protection with new law
The National Institution for Human Rights (NIHR) has lauded King Hamad bin Isa Al Khalifa’s ratification and issuance of Law 30/2018 on Protection of Personal Data, the Bahrain News Agency reported.
Mohammed bin Rashid Space Centre appoints new chairman
Mohammed bin Rashid Space Centre (MBRSC) has announced the appointment of Hamad Obaid Al Mansoori as its new chairman, while Yousuf Hamad Al Shaibani will be his deputy.
Dubai to bridge gap between ME tech entrepreneurs and Silicon Valley
Dubai Technology Entrepreneur Centre (Dtec), DSOA’s wholly owned technology startup centre has announced that it will host the Dubai edition …
SoftBank tech fund onboards Deutsche Bank’s chief for Saudi Arabia
SoftBank Group is reportedly hiring the head of Deutsche Bank AG’s unit in Saudi Arabia to lead a new office in Riyadh.
US to improve airport security with 3D tech
Soon, passengers travelling through US airports could be allowed to bring liquids into their bags.
UAE telco teams up with Ericsson to trial Massive MIMO tech
Etisalat and Ericsson have successfully conducted a live on-air trial of Ericsson Radio System and Massive MIMO technology in the UAE, paving the way towards 5G deployment.
Digital transformation initiatives fuel UAE IT job market
The UAE has registered a healthy 14 percent increase in the first half of 2018, in line with recent government initiatives aiming to accelerate progress on National Agenda goals, according to the latest Monster Employment Index (MEI).