News

Golden Scent receives second round of investments

Golden Scent, the leading Saudi e-commerce beauty platform, announced the closing of a new round of investments from its current funders within a record 12-month period. The company attributes this ne...

20 teams make it to KAUST Hajj and Umrah contest

Twenty teams have been chosen to progress to the next phase of an innovation and entrepreneurship initiative at King Abdullah University of Science and Technology (KAUST), which aims to support and de...

Emaar Malls completely buys out Namshi

Emaar Malls has fully acquired Namshi, the leading regional fashion e-commerce retailer. This follows acquiring the remaining stake of Global Fashion Group (GFG) in Namshi, in an all-cash transaction ...

Microsoft launches three new Surface devices

Microsoft has launched three new devices to its Surface family. The new devices include the Surface Studio 2, the Surface Pro 6 and the Surface Laptop 2. “The UAE is home to many industries and profes...

Faith Capital funds $8 m to JustClean

Faith Capital announced today the recent close of a $8 m Series A round of financing in JustClean, a Kuwaiti laundry technology startup, in order to expand ongoing GCC marketplace operations, in addit...

Liv. offers mobile phone insurance in UAE

Liv., the lifestyle digital bank by Emirates NBD announced the launch of UAE first mobile insurance service in partnership with leading insurer, RSA Insurance, offers an entirely paper-free process fr...

Visa brings Apple Pay to Saudi Arabia

Visa brings Apple Pay to its Saudi-based cardholders. Apple Pay allows prepaid, debit and credit cardholders to make easy, quick and secure purchases using their iPhone and Apple Watch in stores that ...

Airbus launches quantum computing challenge

Airbus has launched a global competition in quantum computing, inviting experts to propose and develop solutions, for complex optimisation and modelisation across the full aircraft life-cycle, using n...

Egypt’s TIEC incubator picks up 6 tech startups

Egypt’s Technology Innovation & Entrepreneurship Center (TIEC); an affiliate body to the Information Technology Industry Development Agency (ITIDA), announced a new list of six innovative tech-fue...

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