NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced the general availability of Spot Security. Built for the cloud, Spot Security delivers a solution for continuous assessment and analysis of cloud security posture. Spot Security enables DevOps and SecOps teams to easily collaborate to identify misconfigurations, reduce their potential attack surface, and ensure compliance. […]
Category: NEWS
New Talkwalker report reveals young people on Twitter are most concerned by the cost of living
Talkwalker, a leading consumer intelligence platform, in partnership with Twitter, announced the launch of its Exploring the Cost of Living Conversation 2022 report. As a Twitter Official Partner, Talkwalker was able to analyze over 16 million cost-of-living conversations on Twitter, to understand how this global issue is impacting consumers. The insights within this report can enable brands to be […]
Mastercard New Payments Index 2022: UAE consumers embrace digital payments
Adoption of a broader range of digital payment methods is accelerating in the UAE and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022. In addition to being aware of solutions like cryptocurrency, digital cards, biometric payments, BNPL (Buy Now Pay Later) and open banking, consumers in […]
GCC Hospitality Industry to witness steady growth after sharp post pandemic recovery, says Alpen Capital
Alpen Capital’s latest hospitality sector report for the GCC projects the industry will return to pre-pandemic levels in 2022, registering a 74.8% year-on-year growth and reaching a revenue of USD 26.3 billion. It adds the industry is expected to grow with a Compounded Annual Growth Rate (CAGR) of 6.6% up to 2026. UAE-based investment banking […]
NEOM’s OXAGON announces annual Kingdom-wide hackathon
NEOM’s OXAGON, home to advanced and clean industries with industrial innovation at its core, today launched the first edition of its Hackathon, in partnership with Saudi Arabia’s Ministry of Education, powered by Blossom Accelerator. The three-day sprint is set to take place from October 6-8 in Riyadh, Saudi Arabia and is designed to foster a collaborative and […]
WebEngage raises USD 20mln in Series B
WebEngage, a full-stack retention operating system and one of the most resilient B2B SaaS startups, today announced that it raised USD 20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global, with participation from existing investors India Quotient, Blume Ventures, and IAN Fund. The round also saw participation from a few family […]
HOODS: The first live entertainment shopping platform in the Middle East
Hoods, the first live entertainment shopping platform in the Middle East, is seeking a seed funding round to support its expansion plan. Hoods was founded by Mostafa Hanafy in Egypt at the end of 2020 and co-founded by Waleed Ghalwash through a pre-seed funding round in 2022 of $350,000 that included angel investors from the […]
India’s first Fintech-focused Growth Capital Fund, Beams FinTech Fund looks towards Middle East
Beams Fintech Fund is India’s first ever dedicated Growth Capital Fintech Fund, which invests in Companies operating at the confluence of Financial services and Technology space. The platform focusses on creating significant value for its portfolio companies and is looking to expand internationally and sees UAE well positioned to be the international hub and silk route […]
Desert Technologies Industries joins the “Made in Saudi” program
As part of its commitment to support national development strategies and programs, Desert Technologies Industries, which is one of the leading Saudi national companies that manufactures and exports solar panels, has announced that it has joined the “Made in Saudi Arabia” program emanating from the National Industrial Development and Logistics Program (NDLP). It aims to […]
Edtech startup Baims expands to Turkey
Following $2.2 million in pre-Series A funding round, led by Rasameel Investment House in April 2022, Edtech startup Baims expands to Turkey considering it the 5th market Baims operates in and one of the biggest. Founded in late 2017 by Yousef Alhusaini and Bader AlRasheed, Baims, which stands for Big Aims, offers online tailored recorded […]