News
Uber to acquire Careem for $3.1 billion
Uber announced it is all set to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. Uber will acquire all of Careem’s mobility, delivery, and pay...
UAE is the world’s top hot-spot for startups
According to latest studies, UAE is the world’s top hot-spot for hundreds of startups followed by New Zealand, Singapore, Norway, Germany, Japan and Sweden. It is observed that startups in the country...
Etisalat announces winners of its inaugural SMB Awards
Etisalat announced the winners of its inaugural ‘SMB Awards 2018’ to recognise and celebrate the outstanding achievements of SMBs and start-ups in the UAE. The inaugural awards were attended by Ali Ib...
Ericsson launches University Competition for IoT and 5G in Egypt
Ericsson, in collaboration with the Ministry of Communications and Information Technology (MCIT) in Egypt, is organizing a competition on the use cases of 5G and IoT in the digital city. The competiti...
Microsoft Arabia employee makes it to Guinness World Record
Microsoft today announced that its employee has made a remarkable achievement by entering into the Guinness World Record. Mansour Al-Mansour, Senior Technical Account Manager at Microsoft Arabia achie...
New startup hub, Tech Park launched in Abu Dhabi
Masdar City, Abu Dhabi’s flagship sustainable urban community, has launched Tech Park, a new destination for start-ups focused on technology, sustainability and the digital economy. The strategic hub ...
Badir-incubated Biotech startups raised $10 million
The Saudi biotech startups incubated by BADIR Biotechnology Incubator, under the Badir Program, set up by King Abdul Aziz City for Science and Technology (KACST), has successfully raised close to SR38...
Delivery Hero to acquire Zomato’s UAE food delivery business
Leading global online food ordering and delivery marketplaces, Delivery Hero Group entered into an agreement with Zomato to buy its food delivery business in UAE through Delivery Hero’s fully owned su...
30 EdTech startups finalists named for the Next Billion EdTech Prize
30 innovative EdTech startups have been named as finalists of the Next Billion EdTech Prize recognising the most innovative use of technology that has the potential to radically impact education in lo...