Press Releases and News Stories

Press Releases and News Stories

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  • On Monday, McDonald's Corp. announced its plans to acquire Dynamic Yield Ltd., a decision-logic technology company, for more than $300 million, making it the company's largest acquisition in two decad ...
  • Uber Technologies has agreed to buy Careem in a $3.1 billion (Dh11.39bn) deal that will allow the Dubai ride-hailing technology platform to remain independent. This is the largest technology sector tr ...
  • Emirate attracts over $21 billion in foreign capital in just three years.
  • A new study from Juniper Research has found that the operational cost savings from using chatbots in banking will reach $7.3 billion globally by 2023, up from an estimated $209 million in 2019.
  • The schools will have design and robotics labs as well as artificial intelligence facilities.
  • The move is in line with the UAE’s artificial intelligence (AI) strategy.
  • Startup and operational costs for a tech business in UAE is very high compared to elsewhere in the world, according to a new entrepreneurial survey. The "Tech Entrepreneurship Ecosystem in the UAE Stu ...
  • Forbes 30 under 30

    19 Feb 2019
    Everything old is new again with the 2019 edition of the Forbes 30 Under 30, our annual list chronicling the brashest entrepreneurs across the United States and Canada. From creating milk without cows ...
  • Sector gaining momentum as more firms open, offering the latest solutions and services
  • UAE a top hub for fintech startups

    05 Feb 2019 Khaleej Times
    More funding, govt support to drive strong growth in fintech startups this year. The UAE is home to the highest number of fintech startups at 67 followed by 44 in Turkey, 30 each in Jordan and Lebanon
  • AI, blockchain and IoT to contribute greatly to Middle East's economy
  • (MENAFN - Daily News Egypt) The Middle East and North Africa (MENA) startup ecosystem witnessed a record year in terms of investment growth in MENA-based startups in 2018, recording 31% increase in fu ...

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