Saudi Telecom Co., the biggest telecommunications company in the Middle East, will invest SAR1.5 billion ($400 million) to build the largest cloud-enabled data center in the region as the oil rich-kingdom seeks to become a center for digitalization
International leisure travel in the post-pandemic world poses challenges to travelers ranging from PCR tests and vaccination requirements prior to departure, to quarantine periods and local safety protocols once they’ve arrived at their destination…
STV, a venture capital firm started by ex-Google executive Abdulrahman Tarabzouni, is looking to raise at least $1 billion for its second Middle East technology investment fund, making it potentially the biggest fund of its kind in the region.
Airports in the Italian cities of Rome, Venice and Bologna and on the French Riviera have teamed up to create a company to build and manage infrastructures for flying taxis
The number of fintech companies operating in Saudi Arabia has grown by more than a third over the past year with investments exceeding SR1.3 billion ($347 million).
Over the past few months, the entire blockchain ecosystem has been evolving and developing new economic patterns. There has been a 321% rise of Ethereum addresses interacting with DeFi protocols, to 171 million, in 2021, compared to the 18 million in 2018.
Bahrain-headquartered crypto trading platform CoinMENA has fetched US$9.5 million in seed funding, according to a statement. This is the first seed round to have been raised by the company.
Despite eCommerce exceeding $4.3trillion in 2020, and businesses dealing with new customers, they are five to seven times more likely to decline transactions from said customers, compared to returning ones
Nearly one billion smartphones worldwide will have the wireless charging by the end of this year. Smartphone vendors such as Samsung, Xiaomi and OPPO and technology suppliers like Infineon, MediaTek, Samsung SDI and Qualcomm are powering the rise of wireless charging with proprietary solutions that top off a battery faster than ever.
Storfund, a UK startup that provides e-commerce retailers with immediate payments on sales, a.k.a. factoring, has raised £300 million in a new financing deal.
Cybersecurity startup Immersive Labs — which recently closed a $75 million Series C funding round giving it a significant war chest — is acquiring U.S.-based cyber startup Snap Labs in an undisclosed deal
The European Data Protection Board (EDPB), an expert steering body which advises EU lawmakers on how to interpret rules wrapping citizen’s personal data, has warned the bloc’s legislators that a package of incoming digital regulations risks damaging people’s fundamental rights
The Israel National Cyber Directorate led an unprecedented international drill on 16th November, in Dubai, simulating a multinational cyber attack on the aviation industry. The event was held in the Israeli pavilion at World Expo Dubai 2020
Interoperability is of growing importance in healthcare as more patient data is col+lected and as new rules and regulations require increased transparency and ease of access to this data. Healthcare leaders discussed this trend at the recent
Lifen has raised €50 million as it offers digital solutions that connect all parties in the healthcare process, providers, payors, governments, technology companies, researchers, and patients.
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