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Despite UAE’s entrepreneurial drive, the delays experienced by startups were cited as due to stringent documentation processes and lengthy KYC procedures that differ from bank to bank. These are key areas that Hub71 and partners aim to help solve for startups across the UAE.

HP announced a new goal to double the number of Black and African American executives inside the company by 2025. HP also announced a new goal to eliminate 75 percent of single-use plastic packaging by 2025, supporting the company’s efforts to drive a low-carbon, circular economy.

The research found that more than 80 percent plan to invest in digital technologies to build resilience in their future business plans. These investments are key business priorities emerging in a post COVID-19 economy, according to a new report titled “The Work World is Transforming.”

The global research and advisory company’s report gives details of the measures implemented by the country’s telecoms sector, led by stc, which ensured business continuity throughout lockdown, facilitating the implementation of seamless work-from-home.

African cross-border fintech startup Chipper Cash has closed a $13.8 million Series […]

Cloud computing is driving this growth and giving rise to a host of new technologies, including mobile, social, IoT and AI, that are creating new revenue streams and jobs that further fuel the growth of the cloud — creating an ongoing virtuous cycle of innovation and growth.

SME’s that have benefited from Invoice Bazaar’s working capital and forfaiting solutions will now also be able to benefit PayTabs cutting edge features such as simplified electronic invoicing and have access to a complimentary business manager dashboard to help manage their transaction data, customer billings and history.

With the fundamental makeup of ‘the office’ changing, the new workforce in a post-COVID-19 world according to Serco Middle East will need to be adept at thriving in virtual working environments, which may now become the norm rather than the exception.

New practices such as home schooling and working from home led to the biggest increase in demand in the IT sector in March 2020, recording a growth in sales value by a third compared to March 2019. Media tablets led this growth with its 70 percent spike in sales value. Mobile computing also grew by nearly 20 percent in March.

From smart police helmets to research labs, the novel coronavirus […]