Press Releases and News Stories

Press Releases and News Stories

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  • Amazon is leading a $575 million investment into fast-growing food delivery service Deliveroo. The funding round, set to close in the coming months, will bring total investment in the London-headquart ...
  • Dubai, UAE: Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, recently participated in a roundtable in Moscow which familiarised Russian startups with Dubai’s entrepreneurial ...
  • Vice-President attends signing aimed at creating environment for agile legislations
  • The technology may be worth as much as $122 billion to UAE economy.
  • The announcement was made during a special signing ceremony at Abu Dhabi Media's headquarters.
  • According to World Economic Forum's latest report, 20 per cent of Arab world's 100 most promising startups are based in the UAE.
  • 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.

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