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October 28, 2022

PIF to launch investment companies in five Arab countries

Mohammed bin Salman, the Saudi Crown Prince, declared that the Public Investment Fund (PIF) would launch five regional businesses with investments in Jordan, Bahrain, Sudan, Iraq, and Oman.
by News Desk | 2 min read
October 25, 2022

Investors continue to find strong opportunities in MENA, says MD, Venture Capital

GPCA is an independent nonprofit membership organization representing private capital investors who manage more than US$2 trillion in assets across Asia, Latin America, Africa, Central & Eastern Europe and the Middle East.
by News Desk | 3 min read
October 18, 2022

Accelerator startups doing better in raising investment in MENA region

Decline in MENA startups seems to continue even with raising $173 million across 51 deals in the month of September. The MoM decline in investment value is about 54% while it's almost a 50% drop when compared to the same time the previous year.
by News Desk | 2 min read
October 15, 2022

Jordan Kuwait Bank becomes a global partner of Mastercard Fintech Express 

Mastercard welcomes Jordan Kuwait Bank (JKB) as a global partner of Mastercard Fintech Express, which unites tech-savvy start-ups. The program supports digital payment innovators by facilitating collaboration with tech companies and their partners to bring new products to the market
by News Desk | 2 min read
October 14, 2022

Spire Solutions and Cyberbit announce partnership at GITEX 2022 

Spire Solutions, a value-added distributor and cybersecurity solutions provider serving the Middle East and Africa, and Cyberbit, a provider of the cybersecurity skills development and readiness platform, have announced a strategic partnership that will strengthen cybersecurity across the GCC countries and Egypt.
by News Desk | 2 min read
October 13, 2022

HUAWEI CONNECT 2022: Industrial Digital Transformation driven by Innovative Infrastructure

HUAWEI CONNECT Dubai was held in the United Arab Emirates, with more than 3,000 industry stakeholders coming together to discuss the theme of "Innovative Infrastructure to Unleash Digital".
by News Desk | 3 min read
October 10, 2022

Ruijie Networks gets bigger in MEA

Ruijie and Reyee provide a comprehensive range of wired/wireless LAN SMB and Enterprise solutions to international vertical markets such as hospitality, retail, education, transportation, finance, government ISPs, and so on.
by News Desk | 2 min read
October 9, 2022

Automating Businesses with MARSES

MARSES Robotics Company, a regional manufacturer of mobile robots as well as a provider of engineering services and automated manufacturing systems for factories, has established new R&D and business facilities in the UAE in conjunction with its participation in GITEX Global Week as a partner to activate robotics technology for the fourth year in a row.
by News Desk | 3 min read
October 1, 2022

Foodtech startup BreakBread revolutionize the supper club scene in the MENA region

Abu Dhabi-based venture builder, Hatch & Boost Ventures, ADGM, ​​a joint venture between Crescent Enterprises and Hatch & Boost, has announced the launch of BreakBread, a Foodtech startup on a mission to reinvent the supper club scene by providing a first-of-its-kind digital marketplace and hub for curated home-cooked dining experiences.
by News Desk | 2 min read
September 29, 2022

79% of MEA business professionals are Metaverse ready

A new study commissioned by Ciena found that 79% of Middle East business professionals surveyed are ready to use virtual reality-based platforms, such as the metaverse, for work, to replace current video conferencing options. Additionally, a staggering 94% of respondents in the Middle East said they would feel at ease holding official business meetings in a virtual reality setting
by News Desk | 2 min read