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Souq.com Raises $275 Million in Funding
Souq.com has announced today that it has completed a funding round of more than AED 1 Billion ($275 million). The investment will support the company’s future growth, strengthen e-commerce in the regi...
UAE SMEs Need High Performance Information Management to Succeed in Digital Economy
UAE small- and medium-sized enterprises (SMEs) need to adopt high-performance information management over the next five years in order to succeed in the Digital Economy, industry experts announced tod...
Emirates Development Bank Reaffirms Support for UAE SMEs
Emirates Development Bank today underlined its commitment to Small and Medium Enterprises (SMEs) and entrepreneurs – the engine room of the UAE economy. Through its offices in Abu Dhabi and Dubai, Emi...
“TechnoArt” Incubator to be Launched in Tel Aviv
The digital media ways of distribution have brought on many opportunities for independent artists, but also left them with minimal tools to generate revenue from their art. The main challenge of the a...
Insurance Norms Are Now Tougher in the UAE
The UAE insurance sector is in a transition phase towards tougher solvency requirements. “Companies are provided three years to align their operations to the new solvency requirements which will becom...
Egypt Has Backtracked on Farmer Subsidy Reform
Egypt has announced that it would pay its local farmers a fixed price of 420 Egyptian pounds ($53.64) per ardeb (150 kg) of wheat in the new local procurement season starting in April, backtracking on...
The Entrepreneur Club for Start-ups in Africa and the Middle East
Orange is launching the Entrepreneur Club, a new space for information in French and English devoted to entrepreneurs in Africa and the Middle East. The website (entrepreneurclub.orange) is a source o...
Omran Announces ‘Oman Marketing Inc’ Initiative
To increase levels of collaboration within the real-estate & tourism sectors, the Oman Tourism Development Company (Omran) has announced the ‘Oman Marketing Inc’ initiative that will a...
ICT Health Showcases Cloud Services to Empower Digital Health Communities
ICT Health, the region’s most awarded clinical technology systems integrator, today announced its plan to launch a set of cloud services that monetizes collaboration between care stakeholders whilst h...