At Augmented World Expo (AWE), RealWear, the world’s leading provider of assisted reality solutions for frontline industrial workers, today announced that it closed its Series C for $23.5M. Led by Foundry Group, the new raise enables RealWear to shift and expand from a hardware-centric to a platform-centric company, creating even deeper connections to, and value for, […]
AppSealing, a global mobile app security leader, announced today that it has been selected as a vendor of choice by FlexxPay, a leading payments digital solution to employers, to enhance the security of its mobile applications. FlexxPay, a Dubai & Riyadh based fintech startup focuses on providing a variety of FinTech solutions for corporations to […]
Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, inaugurated an Innovation and Technology Development Center, in Muscat, Sultanate of Oman, that will cater to the Telecom, Oil and Gas, BFSI (Banking, Financial Services, and Insurance), Energy & Utilities and Public Sector by leveraging Artificial Intelligence, Big Data & […]
Dubai International Chamber, one of three Chambers operating under Dubai Chambers, has announced plans to open a representative office in Tel Aviv, which will aim to facilitate trade and investment between business communities in Dubai and Israel. The announcement came during a meeting held recently at the Chamber’s headquarters, attended by H.E. Hamad Buamim, President […]
Aiming to make wholesale buying convenient, secure, and transparent, SAFQAT- an online B2B marketplace- will soon debut in the UAE market. Replacing traditional one-on-one interactions, SAFQAT provides a streamlined one-to-many model that reinforces the supplier-buyer connection. The platform aims for suppliers to reach restaurants, caterers, supermarkets, and grocery stores with a simple click making this […]
By instituting the right policies and by developing tech champions, GCC countries can reach the level of advanced digital economies, adding US$255 billion to regional GDP by 2030, including $119 billion in Saudi Arabia alone, according to the latest report by Strategy& Middle East, part of the PwC network. The digital economy of the GCC […]
The Robotic Process Automation (RPA) at Dubai Electricity and Water Authority (DEWA) has achieved significant results in terms of improving operations, productivity, the accuracy of data, accelerating procedures and reducing costs and duration for tasks with a total of 40,000 hours until 2021. DEWA uses RPA to automate business processes to reduce repetitive and routine […]
UAE-headquartered restaurant and cloud kitchen management platform Grubtech has launched operations in Egypt as part of its ongoing international expansion strategy. The company has also appointed Osama Harfoush as Country Manager for the new market. Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years […]
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has signed a Memorandum of Understanding (MoU) with the Federation of Afro-Asian Insurers and Reinsurers (FAIR) to foster greater cooperation to encourage business collaboration among their members. Under the MoU, there will be greater cooperation between FAIR and ICIEC on sharing insurance and […]
Ministers from the UAE, Egypt and Jordan have met for the first time since the signing of an integrated industrial partnership for sustainable economic growth last week, to discuss a roadmap for implementing initiatives related to the new partnership. The trilateral higher committee meeting was attended by His Excellency Dr. Sultan bin Ahmed Al […]
