News

Deliveroo Raises $385M on a $2 Billion Valuation

British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas o...

SAP Buys Gigya for a Reported $350 Million

SAP has announced an acquisition to strengthen its hybris e-commerce division. It has acquired Gigya, a firm that helps online properties manage customer identities and profiles. Terms of the deal hav...

Wadi Becomes Operationally Profitable

Wadi, the leading e-commerce site in KSA and UAE achieved 200 percent increase in turnover, resulting in becoming operationally profitable before the first half of 2017. The announcement comes eightee...

SOUQ.com to Acquire Wing.ae

SOUQ.com has announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the UAE, providing innovative mobile and web-based user-friendly deli...

Intelak Incubator Partners with Dubai SME to Launch ‘Intelak Idea Lab’

The Intelak Incubator – founded by the Emirates Group, GE and Etisalat Digital – has today signed a Memorandum of Understanding (MoU) with Dubai SME, the agency of Dubai Economy mandated to develop th...

HPE Aruba Gives Small Businesses Simplified, Business-class Wi-Fi with the Ease of a Mobile App

Aruba, a Hewlett Packard Enterprise company, today announced a new Wi-Fi solution designed to give small businesses secure and reliable business-grade Wi-Fi with easy to set-up APs and an intuitive mo...

Swery’s New Game The Good Life Looking for $1.5M in Crowdfunding

Deadly Premonition and D4: Dark Dreams Don’t Die creator Hidetaka “Swery” Suehiro announced his newest game, The Good Life, in August, describing it as a “mystery RPG” se...

Fintech Player PayTabs Raises $20M in Investment

Incorporated in the Kingdom of Saudi Arabia with head operations in the Kingdom of Bahrain, leading payment processor PayTabs raised a $20 Million investment to support its products and global expansi...

Uber Announces Uber for Business

Uber has announced the new “Uber for Business” service which lets companies avail features such as monthly billing and reporting. Highlights of the service include: Set-and-forget travel p...

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