The Mohammed bin Rashid Centre for Government Innovation (MBRCGI) and the Mohammed bin Rashid Innovation Fund (MBRIF) have unveiled the winners of Pitch@MBRCGI. Out of the 300 projects submitted, 21 innovative projects were shortlisted at GITEX, and two of those projects were selected as the winners of the competition. Pitch@MBRCGI, launched in September, embodies the […]
Category: LATEST NEWS
More than 80% of the public companies in the MENA do not disclose any quantitative sustainability data
Clarity AI, the leading global sustainability tech platform, announced today that in a sample of 40,000 public companies, approximately only 30% report at least one quantitative sustainability metric. As further requirements under the EU’s Sustainable Finance Disclosure Regulation (SFDR) come into force in fewer than 70 days, lack of available reported data may necessitate the […]
Phoenix Technology eyes global expansion and announces an investment of $300mln
Phoenix Technology, one of the leading cryptocurrency mining hardware retailers, is eyeing global expansion in 2023 – after achieving unprecedented success in 2021/2022. The company behind the installation of the largest mining farm in the Middle East is spreading its roots beyond the region. The team is developing a large-scale site in the US that […]
Meydan Free Zone announces its expansion and new office opening
Exciting things are happening at the award-winning Meydan Free Zone! To better serve its clients and business partners with more space, faster processing, and innovative solutions, the world’s leading and the UAE’s only 24/7, 100% Digital Free Zone, Meydan Free Zone, is expanding with a brand new office. With stunning views of the race course […]
Kitch-In expands its portfolio to include ten new international themed brands
Kitch-In, an innovative food provider headquartered in Dubai, is set to expand its portfolio with the launch of ten new brands. Driving innovation and sustainability through manufacturing its own food, Kitch-In boasts a vast and diverse portfolio of the region’s favourite brands. In partnership with global hospitality leader Accor Group and restaurant experts, Bulldozer Group, […]
TAWAL acquires King Abdullah Economic City telecommunication towers
TAWAL, the leading integrated ICT infrastructure provider in the Kingdom, has signed a strategic partnership agreement with King Abdullah Economic City (KAEC). As part of the agreement, TAWAL will provide ICT infrastructure solutions to be used within the city. These solutions will improve the efficiency of KAEC’s telecommunications network through the application of best practices […]
Investcorp and Fung Capital announce new US$500mln fund during the Future Investment Initiative
Global alternative asset manager, Investcorp, will join forces with Fung Capital (“Fung”), the private equity investment arm of Fung Investments, the Hong Kong headquartered private investment office of the families of Dr Victor Fung and Dr William Fung, to invest in mid-cap companies across China’s Greater Bay Area (“GBA”) encompassing the Guangdong Province and the […]
TECOM Group reports strong growth in first 9 months of 2022
TECOM Group PJSC (DFM: TECOM), (the “Company” or the “Group”), the creator of specialised business districts and vibrant communities, today announced its financial results for the third quarter (Q3) and first nine months ending 30 September 2022. Q3 2022: Revenue came in at AED 490 million, increasing 12.48% year on year (YoY) driven by rising […]
DCO whitepaper explores blockchain technology and its potential application for tax
The Digital Cooperation Organization (DCO), the global organization dedicated to enabling digital prosperity for all, has released a new whitepaper that provides an overview of blockchain technology and outlines its potential use cases for the taxation field. Aligned with its commitment to support member states with knowledge and insight into digital economy issues, the DCO […]
University of Dubai wins Future Disruptors 2022 edition of sustainable tech innovations
University of Dubai is named winner of the third season of Software AG’s Future Disruptors Program 2022 UAE chapter, for its Generous DXB Smart Refrigerator – a project that will enhance the existing food fridges, amid stiff competition from UAE Universities. The health-check up booths by BITS Pilani walked away with the competition’s People’s Choice Award. The ceremony was held at […]










