As part of its efforts to adapt to changing trends, Quiqup, the leading last mile provider catering to customers throughout the United Arab Emirates, moves to build on its strengths by focusing exclusively on E-commerce last-mile delivery. This shift, which falls in line with Quiqup’s mission to remain in tune with consumer trends, is a […]
Category: NEWS
Unprotected entry into the Metaverse brings accrued cyber risks
Enterprises that are considering joining the metaverse bandwagon have been put on high alert against imminent cyberattacks that could expose their valuable data to crippling cyberattacks, data exfiltration and breaches. As brands get increasingly engulfed in the metaverse, largely driven by the exciting opportunities that this relatively new digital concept presents, IT and cybersecurity experts […]
New customers announced by Egyptian digital logistics startup Khazenly
Khazenly, the Cairo-based on-demand digital warehousing and fulfillment platform, announcing multiple new merchant customers at an exclusive event held at Sultan Hussein Kamel Palace in Heliopolis. Khazenly is becoming the partner of choice for a rapidly growing number of merchants for some of Egypt’s most exciting companies across diverse industries including apparel and clothing, electronics, […]
Multi-stage venture capital firm SOSV announces the launch of Orbit Startups, a new program brand for emerging and frontier markets
The multi-stage venture capital firm SOSV announced today the launch of Orbit Startups, a new brand unifying the established SOSV programs dedicated to startups with vast growth potential in emerging and frontier markets. Orbit encompasses SOSV’s MOX and Chinaccelerator programs, and reflects SOSV’s shift in recent years to the geographies of Southeast and South Asia, the Middle East, Africa and the Americas. […]
Polygon Announces The World’s First Zero-Knowledge (ZK) Scaling Solution Fully Compatible with Ethereum
Polygon, the leading Web3 infrastructure used by some of the world’s biggest companies including Meta, Stripe & Reddit, today announces the launch of Polygon zkEVM, the first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools, and wallets, harnessing advanced cryptography called zero-knowledge proofs. Polygon zkEVM is fundamentally equivalent to the […]
Zefr acquires Israeli AI firm Adverif.ai, bolstering technology-led approach to identifying and defunding misinformation
Zefr, the global leader in brand suitability across walled gardens, announced today the acquisition of Adverif.ai, an Israeli-based AI company focused on identifying and defunding misinformation at scale. Adverif.ai’s AI-driven approach to misinformation is based on the world’s first fact-checking engine, which applies custom integrations with over 50 fact-checking organizations around the world to train […]
Dubai Chamber of Commerce member exports and re-exports exceed AED 129bln in H1-2022
The value of member exports and re-exports in the first half of 2022 amounted to AED 129.4 billion, marking a 17.8% increase compared to the same period last year. The number of certificates of origin issued in H1-2022 rose 8.9% y-o-y to exceed 357,000. The growth momentum reflects the Chamber’s ongoing efforts to expand and […]
National Bank of Kuwait reports net profit of KD 237.8mln for the first half of 2022
National Bank of Kuwait (“NBK”, the “Bank” or the “Group”) has announced its financial results for the six-month period ended 30 June 2022. The Bank reported a net profit of KD 237.8 million (USD 775.4 million), compared to KD 160.8 million (USD 524.2 million) for the same period in 2021, improving by 47.9% year-on-year. Net […]
Among IT Decision-Makers, 85% See Urgent Shift in Focus to Consumers’ Digital Experiences in New “Reprogramming the Enterprise” Report from WSO2
In a survey of 500 IT decision-makers, 85% agree that there is an urgent shift toward focusing on consumers’ digital experiences. Moreover, 73% of respondents say that the move to focus on the digital experience in their own organization was sudden. The survey was conducted for a new report from WSO2, “Reprogramming the Enterprise: Keeping […]
Axis Communications has committed to set company-wide emissions reduction targets in line with the Science Based Targets initiative (SBTi)
Axis Communications has committed to set science-based emissions reduction targets in line with the level of decarbonization required to meet the goals of the Paris Agreement – to limit global warming to well-below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C. Ray Mauritsson, Axis CEO, said, “There can be no debate […]