Abu Dhabi’s Mubadala Investment Company has led $132 million Series D equity financing for US-based medical technology company.
Egypt wants its own robot citizen: Bloomberg
Egypt is reportedly planning to build its own version of Sophia, the robot that was granted Saudi citizenship to dramatise the kingdom’s plan to build a $500 billion futuristic city.
Emirates Foundation to create a culture of innovation among UAE youth
Emirates Foundation has announced the renewal of their partnership with BP Exploration and Operating Company, designed to support youth development programmes throughout the UAE.
Talend appoints Redington Value as Middle East and Africa VAD
USA-based cloud and big data integration solutions company Talend has appointed Redington Value as the value-added distributor for the Middle East …
Dubai’s DFSA inks FinTech deal with Singapore authority
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
Cybercriminals are shifting to more covert methods: study
Cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources.
AI-driven FM tech start-up seeks more footprint in Middle East
Facilio, an Atlanta-based FM Tech start-up, has announced that it established a strong foothold in Dubai across IoT & AI-driven …
Brick-and-mortar stores can thrive in the digital era: study
While the global e-commerce market continues to grow, today’s consumers still like to visit brick-and-mortar stores regularly and retailers must rethink their business model in order to stay ahead of the curve.
Tesla shares plummet after Musk abandons buyout
Trading in Tesla shares in Germany on Monday pointed to a five percent drop when US markets open, Reuters reported.
Unlocking the full potential of the digital workplace
Technology has innumerable benefits for business. The explosive growth of devices, applications and networks have not only changed our personal lives, but our working lives too.
Flexible workplaces help UAE businesses maximise profits: study
Over 80 percent of UAE business leaders opt for flexible workplaces as they believe it helps mitigate financial risks, according to a study by the International Workplace Group (IWG).
Makkah to undergo massive technology-based developments
Saudi Arabia had effectively used new technologies to run the massive annual pilgrimage of Haj, said prince Khaled Al-Faisal, emir of Makkah, advisor to Custodian of the Two Holy Mosques and chairman of the Central Haj Committee.
Alphabet’s Waymo sets up Shanghai subsidiary as part of China push
Alphabet Inc’s self-driving unit Waymo has established a subsidiary in Shanghai, according to a business registration filing, the latest indication …
Aspiring Tesla rival might land investment from Saudi PIF
Saudi Arabia sovereign wealth fund is in talks to invest in Lucid Motors, an aspiring Tesla rival, according to a …
US crypto firm to open in UAE
Securrency, a US-based provider of financial technology products for the tokenised issuance and trading of securities, is set to open …
UAE developer to encourage crypto payments
UAE-based real estate developer Imkan Properties is considering offering its customers the chance to pay for homes using cryptocurrencies, local …
Cargo-transporting drone scoops Mubadala award
Mubadala Investment Company (Mubadala) and the Abu Dhabi Department of Education and Knowledge (ADEK) have selected the winners in the …
Adaptive technologies can help save lives: Eaton
Adaptive evacuation systems promise to help people find the safest emergency exit more quickly than traditional static systems.
A10 adds real-time security analytics for multi-cloud data centres
A10 Networks has announced a major upgrade to its multi-cloud analytics and management platform, the A10 Harmony Controller.
Dubai-based Careem to trial bus-booking service
Careem Networks, the Middle Eastern ride-hailing provider, is testing a bus-booking service ahead of a possible roll-out out across all …