Skip to content Skip to Search
Skip navigation

Technology

Facebook’s Meta signs partnership to support Saudi tech startups

Meta, the company formerly known as Facebook, has announced a new partnership with Riyadh-based STV (Saudi Technology Ventures), the Middle East’s largest venture capital fund, to support the growth of technology startups in the kingdom. Founded in 2018 by Abdulrahman Tarabzouni, STV has capital of over $500 million and it’s portfolio of investments includes regional […]

Person, Human, Face

Timeline: Elon Musk hits pause on Twitter deal

Elon Musk on Friday put his $44-billion Twitter offer on temporary hold, sending the shares of the social media company into a tailspin. And on Saturday, Musk tweeted that the Twitter legal team told him he violated a nondisclosure agreement by revealing that the sample size for the social media platform’s checks on automated users […]

Suit, Clothing, Coat

Why London-Dubai tech tie-up hits investment ‘sweet spot’

The London Technology Club (LTC), a community in Europe for investment opportunities in the technology sector, has announced the launch of LTC Dubai, its first international investment hub. The hub is supported by Global Ventures, the international venture capital firm focused on investing in emerging market founders. Konstantin Sidorov, founder, CEO and general partner of […]

Emirates aims to start repaying Dubai $4.1bn in Covid aid

Dubai’s Emirates hopes that it will soon start paying back the 15 billion dirhams ($4.1 billion) in state assistance it receive from the government during the pandemic, its chairman said on Monday. The Dubai government injected billions of dollars into its flagship airline via equity injections over the course of the pandemic that had at […]

In the race to be the global hub of Web3, there is significant opportunity

Will Dubai win the Web3 race?

The co-founder of Tahseen Consulting, one of the MENA’s top tech policy firms, rates Dubai’s chances of becoming a hub for the decentralised web and crypto exchange

Could crowdfunding seed the Gulf’s next Unicorn?

Democratised funding is set to breed a new generation of innovative regional businesses, say experts Crowdfunding, the alternative funding concept, represents an exciting reality in the Gulf region following a flurry of regulatory reforms. This innovative practice of funding a venture by raising smaller amounts of money from a large number of people is a […]

Musk’s Twitter free speech promise may be tested in Middle East

In a region where the local media is often controlled by the state, millions of people rely on social media platforms to follow news and express their opinions. Both Twitter and Facebook showed their potential to influence real-life events during the 2011 Arab Spring uprisings, when they played an outsize role in social upheaval. But […]

Airplane, Aircraft, Vehicle

Qatar Airways suffers setback in feud with Airbus

A British judge has denied a bid by Qatar Airways to reinstate a jet contractcancelled by Europe’s Airbus in the latest twist to a dramatic feud playing out in UK courts. The companies have been locked in a safety dispute for months on Europe’s A350 long-haul jet. Their unprecedented bust-up widened in January when Airbus revoked a separate deal for […]

Emirates widens refurbish plan amid delivery delays

Emirates will refurbish more of its existing fleet than previously planned,its chief commercial officer said on Tuesday, as the airline faces delays to deliveries of new Boeing jets and seeks assurances over concerns with the Airbus A350s it ordered. The Gulf carrier is spending over a $1 billion to refurbish the fleet which includes installing a new premium economy […]

UAE agtech Right Farm raises $2.8m from investors

Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ’s venture platform. The company is a business to business digital platform which sources fresh produce from local and international farms for the food and retail sector. Right Farm said in […]