Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the Saudi-specific findings of its fourth global Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption. It is apparent that the adoption of cloud services in Saudi Arabia is growing, driven by national efforts such as the Kingdom’s vision […]
Dubai’s prime residential market received a minimal surge in volume in Q1 2022 by 1.03% QoQ at AED 17.28 billion compared to the previous quarter. The prime residential market also saw a contraction in prices by 6%, with an average price of prime property at AED 4.5 million. 5,258 apartments and 742 villas were transacted in Q1 2022 in the Dubai prime residential market, according to […]
Gupshup, a global leader in conversational engagement, announced today the acquisition of AskSid, a leading Conversational AI provider to top ecommerce and retail companies around the world. AskSid’s full-stack AI solution including the Retail AI brain, strengthens Gupshup’s customer experience (CX) offerings and will help make the entire shopping journey – across pre-purchase, purchase and […]
Accelerated at The American University in Cairo (AUC) Venture Lab, Swvl has made its debut on Nasdaq and is now the first $1 billion-plus Middle East unicorn to list on Nasdaq and the largest African unicorn debut on any U.S.-listed exchange. In 2017, Mostafa Kandil ’15 co-founded Swvl, an app that organized a convenient and […]
KuCoin, a leading global cryptocurrency trading platform, announced that its venture capital arm KuCoin Ventures and KuCoin NFT Marketplace-Windvane are launching a $100 million “Creators Fund” on April 19th, 2022. The fund will support and incubate the early-stage NFT projects, covering fields including arts, sports, PFPs, Asian culture, celebrities, GameFi, etc. In addition, this fund will invite 99 outstanding […]
Markets have been exceptionally volatile since mid-November, as investors have digested the impacts of rising inflation, pending US Federal Reserve actions, the potential end of the COVID-19 crisis, and the tragic situation in Ukraine. Rising interest rates have reduced what investors are willing to pay for growth and “cash-in-the-future” businesses, and may increase the risk […]
Ericsson (NASDAQ: ERIC) Performance Optimizers is a suite of AI-powered applications, that analyze the CSPs’ Radio Access Network (RAN) to proactively provide mobile network optimization recommendations and resolve specific network performance issues. Ericsson Performance Optimizers can be deployed to enable a helicopter view of the network as a whole. The solution accounts for the invisible changes in […]
Endeavor Jordan announced today the appointment of three Endeavor Entrepreneurs to its board of directors. Yousef Shamoun (Co-founder and General Manager of ZenHR and Jawaker), Hussam Hammo (Founder and CEO of Tamatem Games), and Qais Sabri (Co-founder and CEO of EON Dental) were selected as Endeavor Entrepreneurs in 2010, 2017, and 2019 respectively, and are […]
Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, Dubai […]
Since its initial launch, talabat Mart has expanded its operation in the region, offering a selection of more than 7,000 products delivered from over 100 stores across eight markets. Providing consumers with a highly convenient, yet practical and hassle-free 24/7 experience – talabat Mart has grown into an operation, leveraging on talabat’s innovative tech that […]
