Qatar is gearing up to host InsurHack MENA, the first InsurTech Hackathon in the MENA region organized by Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, together with Deloitte, the leading global professional services firm, Google Cloud, the global cloud provider, and QIC Digital Venture Partner (QIC DVP), the […]
Category: LATEST NEWS
Oman & India drive new business agenda
His Excellency Qais Al Yousef, Minister of Commerce, Industry and Investment Promotion (MoCIIP) attended the 10th Oman – India Joint Commission Meeting on Wednesday in New Delhi, holding discussions with counterparts His Excellency Piyush Goyal, Minister of Commerce and Industry and His Excellency Raj Kumar Singh, Minister of Power and New and Renewable Energy. With […]
Cairo-based B2Bِِ Application Teegara secures an undisclosed Bridge round led by Alexandria Angels Network
Teegara.com, an Egypt-based E-commerce startup that focuses on household and FMCG products has successfully raised an undisclosed bridge round that was led by Alexandria Angel Network from several countries. Teegara.com, an online B2B marketplace, was founded by Ahmad Kayyali, Nader Ibrahim, and later joined Ahmed Samir as the first investor. Offering vendors new distribution methods, […]
FSL announces new office opening in Kuwait
Food Specialities Limited (FSL) – the region’s most innovative ingredient solutions provider to the food and beverage industry is expanding its regional presence with a new branch office in Kuwait. The new office is part of the company’s efforts to expand its footprint across the MENA region and be closer to its customers. FSL’s Vice President, Reji Jose, says: “Our new office […]
DXB records busiest quarter since 2020 with 13.6mln passengers
Dubai International (DXB) has recorded the busiest quarter since 2020 with 13.6m passengers in Q1 2022, indicating that traffic recovery is gaining momentum at the world’s busiest international hub. This is the second consecutive quarter when passenger traffic at DXB has surpassed the 10-million mark. Key facts and figures Bolstered by 5.5m in passenger traffic […]
UAE NewTribe Capital to invest 5mln USD in blockchain NEAR projects
UAE-based Venture Capital Fund NewTribe Capital, which invests in early-stage Blockchain and crypto projects, is set to invest five million USD in NEAR Protocol Ecosystem projects with the aim of boosting NEAR ecosystem’s growth in the UAE and globally. NEAR Protocol (NEAR) is a leading blockchain platform for Web 3.0 development. It provides solutions for […]
Dubai’s Prime residential values surge by 59%
Prices in Dubai’s residential market continue to expand, with Prime residential prices, encompassing the Palm Jumeirah, Emirates Hills and Jumeirah Bay Island, surging by 58.9% over the last 12 months, according to global real estate consultancy, Knight Frank. Overall, house prices in Dubai grew by 10.6% last year and rose by a further 2.6% during […]
BlackBerry partners with Midis Group to drive growth in Eastern Europe, the Middle East, and Africa
BlackBerry Limited (NYSE: BB; TSX: BB) today announced that it has entered into a partnership with Midis Group to expand its go-to-market sales motion across Eastern Europe, the Middle East, and Africa. A leading technology company, with a network of over 170 affiliates and partners across these markets, Midis Group will focus on driving growth […]
Exclusive survey by Lombard Odier shows high-net-worth Middle East investors’ strong shift to sustainable investment and Islamic Finance
Lombard Odier, a leading global wealth and asset manager with deep roots in the region and a long tradition in value investing, today revealed results from its Middle East survey on value-driven investments. Key findings highlight the growing importance of value-based investing in a region where strong religious, cultural and social values remain deeply entrenched. […]
Cloudflare Teams Up With Open Source Community to Create New API Standards for the Applications of the Future
Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it is collaborating with Deno and individual core contributors of the Node.js open source project, bringing together three of the largest JavaScript environments, to give developers flexibility and choice while creating the standards of the future […]