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...
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...
June 19, 2021
sap

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 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...