The UBS Global Real Estate Bubble Index 2022, a yearly study by UBS Global Wealth Management’s Chief Investment Office, indicates that imbalances in global metropolitan housing markets are highly elevated and prices are out of sync with rising interest rates. Toronto and Frankfurt top this year’s index, with both markets exhibiting pronounced price bubble characteristics. Risks […]
Refinitiv, a London Stock Exchange Group business, today released the investment banking analysis for the Middle East and North African for the third quarter of 2022. Investment Banking Fees An estimated US$1.1 billion worth of investment banking fees were generated in the Middle East & North Africa during the first nine months of 2022, 5% […]
FlapKap, the first tech-enabled revenue-based financing platform in the MENA region, revolutionising e-commerce growth, today announced the close of its $3.6M seed round. The round included participation from Bolt by QED, Nclude, Outliers, and A15. This latest capital injection comes six months after the company’s pre-seed raise and coincides with the company recording significant milestones […]
OverviewFX Ltd , a UK-based reputed professional education trading company, in collaboration with OFP (Overview Funding Program), is holding a week-long ticketed event in Dubai and Abu Dhabi to educate everyone on the importance of trading across all levels, including beginners and experts. The attendees will be led by OverviewFX Co-Founder Ruggero Catalano Rossi Danielli; […]
B.TECH, Egypt’s leading integrated omnichannel retailer and consumer finance platform, has announced today the official launch of “b_labs”, the first-of-its-kind technology hub in the market. Serving as the transformation and digitization engine of B.TECH, b_labs is designed to serve a wide range of business verticals within the group that includes retail, e-commerce, fintech, logistics, b2b, […]
The recruitment sector across the globe has been adversely affected due to COVID-19 pandemic-induced chaos followed by the ‘great resignation’ and continued technological disruption. Contrary to popular belief, the problem lies more with supply than demand, as many people have either left the workforce or lack the necessary training to fulfil the rapidly changing requirements. […]
Builder.ai® has entered into a region-wide partnership with Etisalat UAE, branded as etisalat by e&, the UAE telecoms pillar of e& (formerly known as Etisalat Group), aimed at empowering small to mid-sized businesses (SMBs) with a digital first future that is accessible, cost-effective and efficient. etisalat by e& will offer its large base of existing […]
The Department of Government Support, represented by the Abu Dhabi Digital Authority (ADDA) – the government entity that leads the digital future of Abu Dhabi, announced the launch of the Abu Dhabi Data Program that aims to deliver a data-driven transformation for the Abu Dhabi government to make data more available, accessible and impactful than […]
Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, recently hosted several thought-provoking panel discussions on the sidelines of GITEX Global 2022, which were joined by technology industry leaders who identified the top competitive advantages that enabled them to build successful digital startups in Dubai. The panel sessions were organised as […]
du, from Emirates Integrated Telecommunications Company (EITC), has partnered with Dubai’s Road and Transport Authority (RTA) for fixed, ICT, special projects and long-term technical support. The Memorandum of Understanding (MoU) was signed by Mohammed Yousef Al Mudharreb, CEO, Corporate Technology Support Services Sector, RTA and Fahad Al Hassawi, Chief Executive Officer at du at GITEX […]
