Microsoft participates as Strategic and Sustainability Partner at IDC Middle East’s CIO Summit

Microsoft has successfully participated as a Strategic and Sustainability Partner, and Sustainability Transformation Zone Partner at IDC Middle East’s CIO Summit held at Atlantis the Palm in Dubai on 22 and 23 February 2023. The event brought together some of the region’s most prominent C-suite executives to explore the current state of the digital economy […]

Omantel Accelerator-hosted startup AirGo signs investment agreement with Forming Future

AirGo, an Omani startup in Cohort 2 of Omantel Innovation Labs, is set for expansion into the promising market of Saudi Arabia, with the signing of an investment agreement with Forming Future to raise $2.7 million seed round. AirGo functions as an Unmanned Traffic Management (UTM) System provider of platform-as-a-service that enables businesses, government entities […]

FreshToHome closes $104mln in Series D funding with Amazon Smbhav Venture Fund as the lead investor

FreshToHome, the world’s largest fully integrated online consumer brand for preservative and antibiotic-residuefree fresh fish and meat, has closed $104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. Existing investors in FreshToHome including Iron Pillar, Investcorp, Investment Corporation of Dubai (the principal investment arm of the Government of Dubai), Ascent […]

Deliveroo editions receives ‘Grade A – Gold’ rating

Deliveroo Editions, the aggregator’s trusted solution for restaurants to chart out growth, has been awarded a ‘Grade A – Gold’ score across all locations by Dubai Municipality’s Food Safety Department for successfully implementing the highest standards for quality and hygiene.  Launched in the UAE in 2017, Deliveroo Editions is the delivery service’s revolutionary platform that […]

EDGE announces AED 70mln contracts for V-PROTECT and SKYSHIELD Solutions

EDGE, one of the world’s leading advanced technology groups, today announced that it has been awarded two contracts with a combined value exceeding AED 70 million to deliver multiple V-PROTECT convoy protection solutions and SKYSHIELD counter-unmanned aerial system (C-UAS) solutions to a key international customer. Announced at the ongoing International Defence Exhibition & Conference (IDEX […]

Corporate Real Estate is at a critical decision point, where strategies implemented now and over the next few years will determine the path to long-term success

As the hybrid work model becomes the norm in the world of work, offices have taken on a new purpose, driving companies across the Kingdom to rethink their portfolio strategies, according to JLL at its ‘Future of Work’ event today in Riyadh. With the future of work embedded in hybrid models, sustainability outcomes, and technology enforcement, […]

Dragos releases 6th edition of annual ICS/OT Cybersecurity Year in Review Report

In 2022, breakthrough evolution in the development of malware targeting industrial control systems (ICS), scaled ransomware attacks against manufacturing, and geopolitical tensions brought increased attention to the industrial cyber threat landscape, according to the 2022 Dragos ICS/OT Cybersecurity Year in Review. “As in previous years, the ICS/OT community has managed a growing number of vulnerabilities, […]

Canadian University Dubai hosts General Assembly of Silk-Road Universities Network

Canadian University Dubai (CUD) has hosted the 8th General Assembly of the Silk-Road Universities Network (SUN), bringing together delegates from international institutions to debate the theme, ‘The Role of Higher Education in the Era of Artificial Intelligence and Big Data: Challenges and Opportunities’. Staged at the Mohammed Bin Rashid Library, the flagship event convened a panel […]

Pentavirate launches $100mln Luxembourg Sukuk, rated A-

Pentavirate, a Seattle-based global investment firm, announces the issuance of a 5-year U.S. dollar denominated Sukuk of $100 million, backed by U.S. commercial real estate. The investment has received an institutional rating of (A-) from EuroRating and is being reviewed by Amanie Advisors to secure the Islamic Fatwa.  “Pentavirate’s debut offering is part of an overall $2 billion multi-series Ijara […]