PayBy, a leading fintech innovator recently acquired by Astra Tech in August 2022, has been licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations. The license represents one of the country’s highest levels of financial services approvals, enabling Astra Tech’s PayBy to continue altering […]
Category: NEWS
Flat6Labs and Wio Bank sign MoU to streamline and enhance SME-centric banking services for start-ups in Abu Dhabi
In a bid to further strengthen Abu Dhabi’s entrepreneurship ecosystem, Flat6Labs, the MENA region’s leading seed-stage program and early-stage venture capital firm, and Wio Bank, the region’s first platform bank, have signed a Memorandum of Understanding (MoU). Under the agreement, start-ups from Flat6Labs Ignite, a specialised seed program run by Flat6Labs in a partnership with […]
Canadian University Dubai architecture graduate wins industry rising star award
Canadian University Dubai (CUD) architecture graduate, Alan George, has been named Construction Week Middle East Rising Star of the Year in recognition of his outstanding contribution to the region’s design sector. The award spotlights the young architect as one to watch, based on his meticulous design and planning skills, combined with his unique passion for […]
DET unveils the ‘The Co-Kitchen’, the first kitchen incubator of the Dubai Business Incubator Network
The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), one of the agencies of Dubai’s Department of Economy and Tourism (DET), has accredited ‘The Co-Kitchen’ as the first kitchen incubator under the umbrella of the Dubai Business Incubator Network (DBIN), with the support of the Hamdan Innovation Incubator (HI2). The Co-Kitchen […]
UAE’s first female-focused co-working space and community, The Bureau, now open
The Bureau Business Center (The Bureau), UAE’s first purpose-built female-focused co-working space is now open in Dubai’s Gold & Diamond Park. Co-founded by Dubai-raised sisters Nikita and Rhea Patel to create a distinct space that is welcoming, supportive, and encourages women to share space, ambition, and energy. The Bureau offers an array of cosy and beautifully designed […]
New VMware research suggests Middle East businesses and employees at odds over workplace innovation
Almost all (81%) of survey respondents in the Middle East believe their organization is more innovative if employees are in the office, according to research unveiled today by VMware Inc. (NYSE: VMW), a leading innovator in enterprise software. The study, “The Distributed Work Dilemma: When Innovation and Job Satisfaction Compete,” conducted by Vanson Bourne on […]
Introducing the Deel Lab for Global Employment
The lab will bring experts and data together to enhance the discussion around global employment policy. It’s no secret that the world of work has changed over the last decade, and even more in the last three years. Covid, yes, but other forces like the prevalence of enterprise messaging apps and project management tools have […]
Acme records 30% growth in 2022
Acme Intralog experienced double-digit growth in revenue in 2022 fuelled by robust demand for warehousing automation solutions in the region and internationally. The company achieved 30% increase in revenue compared to FY2021 and also expanded their regional workforce by 24% in order to be able to cater to the increased demand for industrial automation solutions […]
Top 5 trends that will shape the media and advertising industry in 2023
2023 calls for a period when firms sharpen their attention on marketing and advertising trends to make an impression as consumers grow more cautious about which brands they spend their time on. Dubai-born and based, Nested VFX, a post-production and visual effects studio, shares its projections in the marketing and advertising sector for the upcoming […]
MBZUAI brings together global AI experts in Abu Dhabi to explore deep neural networks
Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), will hold its first AI Quorum of 2023 on January 3-6, with more than 200 AI experts confirmed to join. The four-day event is focused on challenges and opportunities related to deep neural networks (DNN), which are key in helping computers have the resources and space they […]