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News and Events

June 26, 2021
Fintech in the Middle East

$3.45 Billion Fintech Market in the Middle East by 2026

The outbreak of the Covid-19 pandemic has led to a high demand for digital services, in light of the increased pace of investment in emerging companies that provide innovative technological services, as the Fintech market in the Middle East and Africa is expected to reach a record level of...
June 22, 2021
microsoft for startups

Microsoft for Startups’ ‘Highway to 100 Unicorns’ to empower startup ecosystem in the Middle East, Turkey and Pakistan

Microsoft launched its ‘Highway to 100 Unicorns’ virtual conference, in partnership with the Abu Dhabi Investment Office (Adio), to empower regional startup ecosystems across the Middle East, Turkey and Pakistan to connect, learn and ...
June 21, 2021
arab health dubai 2021

The Arab Health and MEDLAB Middle East 2021 exhibitions started today in Dubai

Today, leading local, regional and international medical and healthcare professionals from more than 150 countries will gather in Dubai for the opening of Arab Health and Medlab Middle East 2021, the two largest healthcare and laboratory exhibitions in
June 20, 2021
artificial intelligence in oman

Future opportunities for artificial intelligence applications and advanced technologies in the Sultanate of Oman

The Sultanate of Oman ranks 48th internationally and sixth in the Middle East in the Government Readiness Index for Artificial Intelligence 2020, issued by Oxford Insights, according to a report published by the Ministry of Transport, Communications and Information Technology on future opportunities for...
June 19, 2021

SAP: Digital transformation will strongly contribute to the growth of the ICT market in the Sultanate of Oman

The global technology giant, "SAP", said that the digital transformation stipulated in Oman's Vision 2040 would contribute strongly to the growth of the information and communication technology market in the Sultanate to 2.2 billion riyals ($ 5.6 billion) by 2024. The company added in a working paper...
June 9, 2021
getir startup in turkey

Turkish grocery delivery startup Getir has raised $550 million and its value nearly $7.5 billion

Turkish grocery delivery startup Getir has raised $550 million in a new investment round, valuing the company at nearly $7.5 billion. The Istanbul-based company has raised new money from...
June 8, 2021
LAMAD event in the Artificial Intelligence

Register now to attend a virtual event “LAMAD” in the Artificial Intelligence in Oman

“Lamad” is an annual event, which presents series of events that aims to link the academic researchers to share their output of research with the industry in a specific technological field. A one-day event, SQU will
June 7, 2021
MENA's startups funding

MENA’s startups raised $110 million in May 2021

Startups in the Middle East and North Africa raised nearly $110 million via 35 deals in May. While it is a significant decrease when compared to April, it is still an impressive amount when compared to the monthly average raised last year. Since February, startups in the Middle East and North Africa have raised more than...
May 31, 2021
qatar fintech hub

“QFTH” is the Second largest investor in FinTech startups in MENA

The Qatar Financial Technology Center, affiliated to Qatar Development Bank, ranked second among the largest institutions that invest in financial technology companies and projects in the Middle East and North Africa during the first quarter of 2021, according to a report by MAGNiTT, which specializes in...