All across the Middle East and North Africa regions, there are small and medium sized enterprises which play a substantial role in economic growth. These types of businesses employee up to half of the workforce in the area, and are responsible for 70% of the total GDP.
Unfortunately, these businesses...
It was very recently announced that the Central Bank of the UAE (CBUAE) has been working with SWIFT which is a worldwide supplier of secure transaction messaging systems. Their goal is to make additional upgrades to the speed and enhance the methods of cross-border transactions and that’s not all....
16 of the top 100 companies in MENA (Middle East and North Africa) are led by extraordinary Women. Egypt had the majority closely followed by Saudi Arabia. Here are the 50 of the most Powerful Arab Women who are highly successful the business world in MENA primarily in the...
The Detroit-and Dubai-based startup, DERQ has recently announced raising a $500k fund from Wadi Makkah Ventures as a feature of a pre-Series A round that incorporated a few other driving worldwide tech, investors and that’s not all. The venture, made in December 2020, brings the all-out reserves raised by...
As the FinTech revolution has slowly been sweeping the Western world over the past decade and gaining a foothold in many aspects of commerce, the Middle East region has been slower to catch up but now in 2021 things are really set to change.
Whilst the West already had the...
The DIFC aka the Dubai International Financial Center has welcomed Napier to lead UK fintech to its innovation hub. It was founded back in 2015 and since then, it has been developing a smart compliance platform for AML along with trade compliance using AI. Their aim is to fight...
The GCC dominates the top 50 list dominant by Saudi Arabia and it's flagship company Aramco followed by UAE being second on the list.
1.
Company Name: Saudi Aramco
International Rank: #5
Market Cap: $1.936 T
Categories: Oil/ Gas/Energy
Country: Saudi Arabia
Founded on May 29, 1933, as California-Arabian Standard Oil, Saudi Aramco has grown into...
The US government has seized Iranian media outlet domains once more, this time targeting it's primary international news arm Press TV, it's Arab news arm Al-Alam and Al Masirah which is a Yemeni TV channel controlled by the Houthis in Yemen.
This is the second time in less than 12...
District 2020:
The human-centric smart city that will emerge from Expo 2020 Dubai, has revealed a range of main collaborations that will help curate its industrial transformation and startup culture, coinciding with UAE Innovates 2021, the annual UAE Innovation week.
District 2020 is commemorating its contribution to promoting innovation in the...
Metaverse can be defined as a collective virtual shared space created by converging multiple virtual reality environments, augmented reality overlays, the internet, and other digital platforms. It is a persistent, immersive, and interactive virtual world where you can socialize, work, play, and create. Essentially, the metaverse is a digital...
