News Inc.Arabia Staff Saudi E-commerce Startups Secures $426.7Mn in 2023 Funding E-commerce platform users in the kingdom are expected to reach 34.5 million by 2025.
News Inc.Arabia Staff KSA to Host 19th Internet Governance Forum in December The five-day event is set to welcome over 10,000 participants from 160 countries, including more than 1,000 international speakers.
News Inc.Arabia Staff ChatGPT's Weekly Users Double to 200 Million ChatGPT has significantly contributed to the surge in AI's popularity.
News Inc.Arabia Staff Amazon to Launch Revamped Alexa with Anthropic’s AI in Oct. Amazon will continue offering the "Classic" voice assistant for free.
News Inc.Arabia Staff Dubai and Abu Dhabi Lead for Executive Digital Nomads Dubai retained its lead for the second consecutive year, while Abu Dhabi moved up two places to claim second.
News Inc.Arabia Staff Telegram CEO Durov Freed, Will Appear in French Court The Paris prosecutor's office said the tech tycoon was released after four days in captivity, and will face a judge to address allegations the platform is used to transmit child sexual abuse material, facilitate drug trafficking, fraud, and abetting
News Inc.Arabia Staff UAE Parents May Spend Up to $163K on Higher Education Despite these anticipated costs, 29% of parents have yet to begin saving, highlighting a significant financial gap.
News Inc.Arabia Staff Dubai AI Campus, Google Cloud Partner to Boost Startups This collaboration aims to utilize Google Cloud's resources to help regional startups develop and expand.
News Inc.Arabia Staff Arc Search Browser Set to Launch on Android Arc Search can be launched directly from the keyboard and includes built-in voice search.
News Inc.Arabia Staff Abu Dhabi-Based Verofax Secures $3 Million in Bridge Funding Founded in 2019, Verofax's clients include Anheuser Busch Inc. and Emirates Airlines, with applications in retail, tourism, and sports.
News Inc.Arabia Staff Egyptian Startups Raised $88.7 Million in H1 2024 The Entlaq report rated Egypt's venture capital financing at 2.81, suggesting there is room for growth.
News Inc.Arabia Staff OpenAI in Talks for $100 Billion Valuation Funding Round Earlier this year, OpenAI's valuation reportedly increased to $80 billion from $29 billion the previous year.
News Inc.Arabia Staff TDF Celebrates First Cohort of Grow Accelerator Program The event, which included a demo day and exhibition, brought together investment pioneers, entrepreneurs, media representatives, and key tourism stakeholders.
News Inc.Arabia Staff Wasoko and MaxAB Finalize Merger Founded by Daniel Yu in 2013, Wasoko is the biggest e-commerce platform catering to independent retailers in Sub-Saharan Africa.
News Inc.Arabia Staff Support Emirati Women-Owned Businesses This Women’s Day What better way to mark the occasion than by exploring and supporting local women-owned businesses?
News Inc.Arabia Staff CyberKnight Partners with Digital.ai to Boost App Security As regional organizations adopt DevOps practices for faster delivery, security often becomes a secondary concern, potentially affecting infrastructure and regulatory compliance.
News Inc.Arabia Staff Businesswomen Represent 18% of UAE Entrepreneurs The report indicates that the proportion of women in the workforce increased to 34.6% in 2024.
News Inc.Arabia Staff Abu Dhabi Extends Maternity Leave Support for Private Sector The initiative is designed to help mothers balance work and childcare.
News Inc.Arabia Staff Vodafone Qatar Introduces 1st Instant SIM in the World Customers can choose between a physical SIM or an eSIM without needing a credit or debit card for activation.
News Inc.Arabia Staff ADIA Invests in India’s Premier Energies Ahead of IPO Premier Energies raised INR 8.46 billion ($100.8 million) ahead of the IPO.
News Inc.Arabia Staff Mubadala, CBC Group Acquire UCB’s Business in China The acquisition includes UCB’s neurology and allergy portfolios and the Zhuhai manufacturing site.
News Inc.Arabia Staff UAE's myco Raises $10 Million in Series A Funding Round The capital was raised at a post-money valuation of $80 million, with Daman Investments and Republic Crypto serving as key advisors.
News Inc.Arabia Staff Saudi Communication Ministry Launches AI Training Program The program covers the fundamental concepts of AI, including its history, types, and basic principles, with applications in sectors like healthcare, education, finance, and technology.
News Inc.Arabia Staff Hodler and GEWAN to Launch $500 Million Digital Energy Fund It will focus on the digital energy value chain, including power generation, blockchain data mining, AI, and cloud applications, to reduce emissions across its portfolio.
News Inc.Arabia Staff Orbitworks Launches as Middle East's First Satellite Company With an initial investment of over $100 million, Orbitworks plans to produce up to 50 low Earth orbit (LEO) satellites annually, each weighing 500 kg.
News Inc.Arabia Staff Telegram CEO Pavel Durov Arrested in France: Reuters French police detained the 39-year-old billionaire based on an arrest warrant, though the French authorities have not officially confirmed the arrest.
News Inc.Arabia Staff Kuwaiti Proptech Sakan Acquires Qatar’s Hapondo Sakan currently operates in Kuwait, Saudi Arabia, Oman, and Bahrain.
News Inc.Arabia Staff Tenmou Invests in Bahrain Startups Tajweed and Travilege Tenmou aims to drive venture investment in Bahrain's technology sector and support local startups.
News Inc.Arabia Staff Gulf Investors Launch Waad Investment Company Waad Investment is part of an initiative to boost the private sector's role in innovation and economic development in the region.
News Inc.Arabia Staff HPE Launches Managed Data Center with Liquid Cooling in UAE This service supports the UAE’s national AI strategy and features direct liquid cooling (DLC) technology.
Startup Inc.Arabia Staff Powder Beauty Secures Pre-series A Funding to Expand in KSA Powder Beauty was founded in 2018 by Ayat Toufeeq, Amina Grimen, and Marriam Mossall.
News Inc.Arabia Staff SAMA Explores Digital Currency for Financial Institutions SAMA, along with the Central Bank of the UAE (CBUAE), previously tested the technical feasibility of CBDCs through joint experiments.
News Inc.Arabia Staff Al Majed for Oud Sets IPO Price Range on Tadawul The institutional book-building period started on August 25th and will end on August 29th.
News Inc.Arabia Staff NMDC Group to List NMDC Energy on ADX NMDC Energy, formerly known as National Petroleum Construction Company, addresses the needs of the energy sector.
News Inc.Arabia Staff UAE Offers Flexible Hours for Govt Staff on 1st School Day Monday, August 26th, will mark the first day back at school in the UAE.