UAE
UAE among Top 10 AI countries in the World
The Global AI Competitiveness Index revealed that the UAE has achieved a remarkable position among the top 10 countries with the most AI companies per million population. The report, a collaborative e...
Five Korean SMEs accelerate their entry into Middle East
MegazoneCloud and the Korea Software Industry Association (KOSA) announced that they have reaped notable results from their project that provides support for large & small businesses to jointly en...
Klickl International secures $25 million in Series A
UAE-based Klickl International, a leader in Web3 banking services, has successfully closed its oversubscribed $25 million Series A funding round. This latest achievement brings Klickl’s valuation to $...
UAE’s Hodler Investments join forces with Vertical Data
Dubai-based investment company Hodler Investments has partnered with Vertical Data. Working with PermianChain, a Hodler Investments subsidiary, Vertical Data will offer its ‘solution in a box’ across ...
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...
Hub71 announces Angel Investor Support Package
Hub71 has unveiled its Angel Investor Support Package, a strategic initiative designed to foster the growth of angel networks and enable angel investors to form legal investment structures within Abu ...
Women in UAE and Oman lead AI adoption
Women leaders across industries in the UAE and Oman – from healthcare to IT – recognize that adopting AI can be a key differentiator for their business and are advocating the use of AI and technology ...
Crysp Farms and Alesca to deploy 500 vertical farms
UAE’s Crysp Farms has announced a strategic partnership with agritech veteran Alesca Technologies to deploy 500 modular vertical farms across the Middle East over the next five years. The partne...
UAE entrepreneurs the most optimistic across globe
98 per cent of entrepreneurs in the UAE, one of the highest globally, are confident that their businesses are set to flourish, despite geopolitical uncertainty and global macroeconomic headwinds, acco...