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Wa’ed Announces A SAR 19 Million Investment In Saudi-Based Fintech Marketplace Lamaa, In A Round Co-Led With Raed Ventures

Wa’ed, Saudi Aramco’s entrepreneurship arm, has announced a SAR 19 million Pre-Series A investment co-led with Raed Ventures in Lamaa, the Saudi-based fintech startup providing financing solutions for...

Ericsson Mobility Report Mobile Data Traffic Increased Almost 300-Fold Over 10 Years

Ericsson (NASDAQ: ERIC) global insights reveal an almost 300-fold increase in mobile data traffic since 2011 – the year in which Ericsson Mobility Report was first published. The findings, based on...

Advanced Technology Research Council Awards AED40 mn In Competitive Research Funding To 53 R & D Projects Across Eight Key Sectors

Abu Dhabi’s Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s R & D strategy and its advanced technology ecosystem and drive the UAE’s strategic...

GE And INJAZ UAE Host ‘STEM For The Next 50’ Innovation Camp At Expo 2020 Dubai To Empower Girls To Pursue STEM Careers

In line with its commitment to nurturing future local talent, GE (NYSE:GE),in partnership with non-profit organization, INJAZ UAE,is hosting the ‘STEM for the Next 50’ Innovation Camp for female...

Gartner Says Global Smartphone Sales Declined 6.8% In Third Quarter Of 2021 Smartphone Market Negatively Impacted By Supply Disruption

Global smartphone sales to end-users declined 6.8% in the third quarter of 2021, compared to the same time period in 2020, according to Gartner, Inc. Component shortages disrupted production...

Omnichannel Set To Strengthen The UAE Retail Sector

As COVID-19 cases continue to decline in the country,residents regain confidence in in-store shopping. This is according to a Kearney study in which UAE respondents cite convenience (51%), enhanced...

UAE Fintech Company, Cashew Payments, Introduces QR Codes, Its Latest Addition For Retailers Across The Region

Cashew Payments, the UAE-based buy now, pay later provider that is challenging the current credit ecosystem, is launching a product which will change the way customers pay offline.  The fintech...

Innovative And Impactful: Kiri Claims ‘Best Of Middle East’ Title At 2021 Gama Innovation Conference & Awards

Kiri, the leading Bel Group brand in the Middle East, has received another stamp of approval for impactful innovation in the fast-moving consumers goods (FMCG) space, winning the ‘Best of Middle East’...

Etisalat Making Global Strides In 5G

Etisalat today has made global strides in 5G by setting a benchmark right from the launch of the network to the services with its infrastructure ready to support all 5G devices and future solutions...

Emirates NBD Joins Hands With AFIN As A Founding Industry Partner For Its Global Fintech Registry

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has announced its association with ASEAN Financial Innovation Network (AFIN), as a member and as an...

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