Proptech Huspy has been announced amongst the UAE’s top startups by global professional networking platform, LinkedIn. Founded in 2020 in Dubai, Huspy was recognised for its growth trajectory over the past year, based on employment growth, engagement, job interest and talent attraction. “The last 2 years has been a very exciting journey as we’ve grown on multiple […]
Category: LATEST NEWS
ADQ and OIA identify AED 30bln worth of investment opportunities in Oman
On the sidelines of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE’s, visit to Oman, ADQ, an Abu Dhabi-based investment and holding company, discussed a range of investment opportunities with Oman Investment Authority (OIA), across a variety of sectors aimed at contributing to increased economic cooperation and trade between both nations. […]
IHC expands its digital portfolio with acquisition of a majority stake in Emircom for AED 250mln
International Holding Company (ADX: IHC), the diversified Abu Dhabi-based conglomerate, announced today the completion of a 54% stake acquisition in Emircom, the Middle East’s leading information and communications technology (ICT) provider, through its subsidiary, IHC Digital. For nearly four decades, Emircom has been the ICT partner of choice for many of the most challenging projects […]
DMCC looks to grow $23bln UAE – US trade corridor
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has successfully concluded Made For Trade Live events in Miami and New York as it seeks to attract more companies from the United States (US) to the United Arab Emirates (UAE). DMCC sees significant opportunities for growth […]
ITC Infotech successfully completes 10 years of strategic association with Saudi National Bank
ITC Infotech, a leading global technology services and solutions provider today announced that it has successfully completed 10 years of strategic association with Saudi National Bank (SNB), the largest commercial bank in Saudi Arabia. ITC Infotech in these years has played a pivotal role in the Bank’s modernization, digital transformation, and growth journey. Commenting on the […]
DUBAL Holding eyes more investment opportunities to foster Green Economy in UAE
DUBAL Holding – the investment arm of Dubai Government in the commodities and mining, power and energy, and industrial sectors – looks for opportunities to invest and capitalise on innovative initiatives that encourage the transition of the UAE into a sustainable green economy. As a step taken in this direction, DUBAL Holding has become one […]
French vision AI company Alteia closes its latest funding round
Alteia, the European leader in vision AI and industrial software innovation, announces today that it closed its latest funding round led by Wa’ed Ventures, the venture capital arm of Saudi Aramco. Through this investment, Alteia will increase its presence in the Kingdom of Saudi Arabia by opening an office in Dhahran to support some of […]
Latest Blue shift report from Arthur D. Little envisions the metaverse future
Arthur D. Little (ADL) has published The Metaverse, Beyond Fantasy, the latest in a series of new reports from the company running under the ‘Blue Shift’ banner, which explore the impact of new technologies on business, society and humans. The Metaverse, Beyond Fantasy looks beyond the hype and delivers a realistic picture of the Metaverse […]
CoreStack accelerates vision and growth with acquisition of Optio3
CoreStack, a global multi-cloud governance provider, today announced the company’s acquisition of Optio3, an AI-powered operations management company based in Seattle, WA. As a result, CoreStack will acquire 100 percent of Optio3’s technology and IP and will integrate Optio3 team into the CoreStack team. Optio3 Co-founder and CEO Sridhar (Sri) Chandrashekar will be joining the […]
Huawei launches Public Cloud Service and Start-up program Summit in Jordan
In the presence of H.E. Khairy Amr, the Minister of Investment and under the patronage of the Minister of Digital Economy and Entrepreneurship, yesterday, Huawei launched public cloud services in Jordan and initiated a start-up program to support SMEs with advanced cloud services and communication platforms in partnership with international venture capitalists. Huawei Cloud target […]