According to the MOU, ADDED intends to leverage SAP’s UAE cloud offering while also enabling SAP to accelerate its regional expansion as an authorized cloud services provider.

Finbots. AI, an Artificial Intelligence-envisioned firm bringing innovation to banks and financial institutions, announced the successful completion of a USD 3 million Series A round.

The official launch took place on March 30, 2022, at Innovation Park Muscat, under the patronage of HE Dr. Saif bin Abdullah Al Haddabi, Undersecretary for Research and Innovation at the MoHERI, and in the presence of Dr. Abdullah Al Balushi, President of Ericsson Oman, Ministry of Finance general managers, and a number of program participants from Sultan Qaboos University (SQU).

Qashio has made a strong entry into the MENA market by obtaining USD 2.5 million in pre-seed capital.Qashio’s enterprise-grade expense management platform gives business owners and finance professionals complete insight and control over all spending.

Step Conference, the region’s foremost tech festival, is celebrating a decade of inspiring entrepreneurship, supporting innovation, and creating economic benefit. The milestone celebration will include more than 400 global tech start-ups.