News
ESET recognized by KuppingerCole as a Market and Product Leader
ESET announced its recognition as a Product and Market Leader in KuppingerCole’s Leadership Compass for Managed Detection & Response (MDR). This report prepared by KuppingerCole Analysts AG evalua...
Drones to deliver food and medical supplies in Dubai
Keeta Drone, a subsidiary of Chinese technology and retail company Meituan has received the UAE’s first commercial license for Beyond Visual Line of Sight (BVLOS) drone deliveries from Dubai Civ...
Abu Dhabi’s TII unveils Falcon 3 LLM
The Technology Innovation Institute (TII), part of Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) se...
The Hashgraph Group secures ADGM License and plans to launch $100 million Web3 Venture Fund
The Hashgraph Group (THG), the Swiss-based international business, technology, and investment firm that operates exclusively within the Hedera ecosystem, has secured a fund management license through ...
VC funding surpasses $2 trillion in five years
Although the global VC funding activity significantly slowed down after reaching a peak in 2021, companies and startups still raised close to $550 billion over the past two years, pushing the five-yea...
Dubai International Chamber opens office in Colombia
Dubai International Chamber has inaugurated a new representative office in Colombia’s capital city, Bogotá, to enhance economic relations and foster the growth of trade and investment ties between the...
Beam Ventures launches $150 million gaming fund
The Beam Foundation recently announced its plans to launch Beam Ventures in Abu Dhabi, the first venture fund focused exclusively on gaming from ADGM. The $150 million gaming fund aims to accelerate p...
Revibe raises US$7 million in Series A
UAE-founded Revibe, the leader in guarantee-backed refurbished tech, has marked another milestone, having recently closed its Series A of US$7 million in a round co-led by ISAI and Resonance, and feat...
UAE payments revenue pool to reach $27.3 billion by 2028
The UAE’s payments industry is poised to achieve significant growth, with total revenues projected to reach $27.3 billion by 2028, according to the latest Global Payments Report 2024 from Boston Consu...