Abu Dhabi unveils a $13.6 billion program to grow public and private sectors and boost SMEs

Abu Dhabi Economic Vision 2030 has put forward the need to build a resilient infrastructure that supports economic growth and develops a highly skilled labor force. Putting words into action, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ordered the provision of at ...

Restaurant booking app Eat receives funding from MEVP

Eat , MENA-based restaurant reservation platform, has recently closed a funding round from Middle East Venture Partners (MEVP) for an undisclosed amount. Eat offers restaurants a cost-effective online reservation and table management system that enables users to reserve a table online in real-time. It started its journey in Bahrain in 2014 and ...

Saudi Arabia and the UAE’s new partnership and what it means for startups

On Wednesday, the UAE and Saudi Arabia have announced a strategic partnership in 44 projects called The Strategy of Revolve. The projects included in the strategy cover several industries like economy, security, politics and military, food security, healthcare, banking sector, as well as setting up joint venture funds for oil, gas and ...

Robots can help socialize autistic children and UAE’s Atlab is a practical example

Robotics and artificial intelligence (AI) are both revolutionizing all industries, and healthcare has been at the core of their activities. As PwC described it, “this is no longer sci-fi”, and we have already explored how robots could assist in hospitals and that the development of healthtech is holding a promise of better life conditions. But in ...

What does Careem’s expansion to Sudan mean for local players?

Sudan, a country with a population of around 40 million, has gone both unnoticed and untouched by regional and international tech players, and for good reason. The economy today is struggling with austerity measures, inflation, and a weakened currency, with no sign of improvement in the near future. Added to that is a tech sector that had been ...

Tripoli Startup Forum 2018

Tripoli Startup Forum 2018 is the third annual exhibition for North Lebanese startups and the entrepreneurship ecosystem supporting organisations. This year’s theme is titled ‘The Road Towards a Startup Ecosystem’, where a number of high-profile speakers will be discussing topics such as investment readiness, latest tech and business trends, as ...

Is Egypt becoming a hotbed for local and regional VCs? [Opinion]

The year 2018 has been a landmark year for Egyptian startups, securing bigger and later stage investment rounds and giving a dash of inspiration to many entrepreneurs to come. The investment ecosystem in Egypt is maturing with more later stage deals and bigger round sizes being raised. According to Seedstars Insights, the year to date has seen 13 ...

Litecoin Sees Increased Adoption by Businesses

Litecoin (LTC) is seeing an “incredible amount of interest” from global businesses looking forward to integrating and supporting it, the Litecoin Foundation announced in their Twitter post . At the same time, it reminded its users to ask the companies they do their business with to ask the businesses to let them use litecoin if they want to see ...

New Book “The Bitcoin Standard” Touts Bitcoin as an Alternative to Central Banking

Academic Saifedean Ammous recently published a book called “The Bitcoin Standard.” In it, Ammous discusses the history of money and other mediums of exchange, the relationship between economics and various aspects of society, and explores what constitutes “good” money, drawing heavily from the Austrian school of economics. Most importantly, ...

Payments Firm Square Receives BitLicense from New York

Digital payments startup Square has received a BitLicense through the NY Department of Financial Services. ...
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