News

Investments on rise in DIFC FinTech firms ahead of Dubai FinTech Summit

Dubai continues to solidify its reputation as a global hub for FinTech and Innovation. During 2022, investment in DIFC’s FinTech and innovation community exceeded USD615 mn and the total number ...

Alpha Blue Ocean launces ABO Digital to support digital asset space

Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai, has announced the launch of a new investment company, ABO Digital, that will provide alternative financing solutions to early-stag...

DBWC successfully concludes Executive Accelerator Programme

The Executive Accelerator Programme, launched earlier this year by the Dubai Business Women Council (DBWC) in partnership with New Metrics, a specialized consultancy firm, and Reach Digital Works, has...

Aramco and droppGroup to promote Web3 technology in Saudi Arabia

droppGroup today announced the signing of an industry-first Web3 Technology Memorandum of Understanding with Aramco, to explore how the parties may collaborate together to apply dropp’s propriet...

AfricaTech Awards announced to recognize cutting-edge tech entrepreneurs

IFC and Viva Technology announced the second edition of the AfricaTech Awards, an initiative to spotlight Africa-focused companies with innovative solutions addressing key development challenges linke...

BOTIM and Fawry enable digital bill payments for Egyptian expats in UAE

BOTIM, part of Astra Tech and Fawry have signed an agreement to provide residents in the UAE and GCC countries with a seamless and convenient way to pay bills & invoices in Egypt through BOTIM app...

ESET researchers discover WinorDLL64 backdoor to exfiltrate sensitive data

ESET researchers have discovered the WinorDLL64 backdoor, one of the payloads of the Wslink downloader. The targeted region, and overlap in behavior and code, suggest the tool is used by the infamous ...

VERTECO offers free water audits for businesses in UAE

VERTECO, the region’s leading supplier of award-winning Water Saving Products, Data Driven Cleaning Technology and Smart Washroom Solutions, has announced it will be offering free water audits to busi...

Abu Dhabi’s SDF invests in Dronamics

Dronamics, the world’s first cargo drone airline with license to operate in Europe, announced that it has raised a total of $40 million in pre-Series A funding from venture capital funds and angel inv...