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MIDDLE EAST

July 21st, 2018 China will be setting up a state-owned financial service firm in United Arab Emirates (UAE) Abu Dhabi's financial hub. This firm will provide lending facilities to Chinese companies operating in the emirate's industrial zone. Abu Dhabi Global Market (ADGM) stated that the company has been approved by its Financial Services Regulatory...
MIDDLE EAST

July 6th, 2018 Uber Technologies is in preliminary talks with the Middle East cab service company Careem Networks for the purpose of combining their ride-hailing services in the Middle East. Both the cab companies have discussed various considerable deal structures but have still not come to an agreement. According to the reports, current leaders of...
MIDDLE EAST

June 30th, 2018 Middle East country Israel is partnering with several countries including India to develop state-level cyber shields via its nodal agency Israel National Cyber Directorate (INCD). According to Yigal Unna, director general, INCD, Isreal garners 20% of the total global private investments in cybersecurity and is now looking to...
MIDDLE EAST

June 30th, 2018 Jazeera Airways, Kuwait’s leading low cost airline that operates regionally as well as internationally has inaugurated the Jazeera Terminal (T5) at the Kuwait International Airport. The airlines has launched the Ride & Fly transport service that will provide service to passengers from 17 steadfast stops across residential areas in...
MIDDLE EAST

June 29th, 2018 Freedom of Expression may shrink further in Egypt has lawmakers have agreed to the reading of a bill that would monitor popular social media users in the name of combating "false news". It is interesting to note that Facebook and Twitter have been the centre of debate in Egypt since November 2013 ban on all but police-approved...
MIDDLE EAST

June 12th, 2018 The government of Qatar has alleged UAE over human rights violation and now is taking it to the UN International Court of Justice (ICJ) as cited to the official Qatar News Agency (QNA). The move has come a year after Qatar accused of "terrorism" tied diplomatic and trade relations with Saudi Arabia, Bahrain and Egypt. On the other...
MIDDLE EAST

June 4th, 2018 Uber is "finished" in Turkey said Turkey President Recep Tayyip Erdogan following intense pressure from Istanbul based taxi union to banned Uber. The Istanbul based yellow taxi union is saying the ride-hailing app Uber is eating their business without having a proper legal basis for work. The Turkey government agreed on new rules...
MIDDLE EAST

May 30th, 2018 Arab Country, Qatar has moved a step ahead in granting permanent residency to foreigners after a senior legislative body approved the draft law, a move announced amidst ongoing Gulf crisis. According to the state media, Shura council has given its nod to the draft law that would grant residency to expatriates providing valuable...
MIDDLE EAST

May 25th, 2018 Digital Technology and Internet of Things are deeply transforming businesses and governments in the Middle East and North Africa. Even the World Bank believes that Investment into digital transformation in the major Cities of the Middle East and North Africa region(MENA) can unlock huge potential for the service economy to drive growth...
MIDDLE EAST

May 17th, 2018 Egypt's Annual Startup Event Technie Drift 2018 came to a close last week with its entrepreneurial roadshows taking 25 startups from across Egypt through a 5-day Bootcamp on a Nile Cruise from Luxor to Aswan with an exclusive selection of entrepreneurial mentors and expert speakers. The startups were carefully toured through 8 cities...
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