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Lyve Global

Abu Dhabi’s Lyve Global acquires majority stake in Shopini World

The acquisition is in line with Lyve’s $150m acquisition strategy to expand its digital ecosystem and geographical expansion

Anghami

Streaming platform Anghami expands global footprint via telecom partnerships

Anghami joins hands with Danish telco Hallo and Virgin Mobile Kuwait to provide unlimited access and downloads of songs, podcasts and other audio content

Bahrain's Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

Bahrain’s Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

The studio aims to create new highly skilled jobs in Bahrain for both local and international talent, on both its core team and at the startups it helps to launch

vertical farm

In pics: Sheikh Mohammed tours world’s largest vertical farm in Dubai

The hydroponic facility is capable of producing over 1,000,000kg of leafy greens annually

Here are 10 of the best new features of iOS 16 for your iPhone

Here are 10 of the best new features of iOS 16 for your iPhone

Apple says the new operating system offers “all-new personalisation features, deeper intelligence, and more seamless ways to communicate and share”

Wio

Region’s first platform bank Wio launches in UAE

The new bank will provide solutions in three areas – digital banking apps, embedded finance and banking-as-a-service solutions

Nutanix

Nutanix to present hybrid multi-cloud solutions at Gitex Global

The company will share its strategy which emphasises that enterprises should never settle for cloud chaos, but rather, embrace a hybrid multi-cloud platform

Games for Change

First MENA Games for Change summit to be held in Abu Dhabi

The two-day summit will be held on October 11-12, 2022 and will connect 300 leaders across Abu Dhabi’s gaming industry

Infor cloud

Infor to demonstrate cloud software solutions at Gitex Global

The company will highlight smart, pre-configured cloud solutions to enable customers to simplify complexity and transform business processes

Direct Debit

UAE’s first paperless Direct Debit Marketplace launched

Fintech company Direct Debit System, launched the platform to facilitate recurring payments such as school fees, rent and subscription services

paxworld, Virtuzone launch The V

Virtuzone, pax.world to build V-shaped HQ in the metaverse

The V will house a state-of-the-art virtual office environment, and offer a host of features, including metaverse avatars, online video conferencing and communication capabilities, and virtual meeting rooms

Samsung

Samsung warns chip industry is headed for tough close to 2022

Samsung announced plans for an advanced $17bn chip plant in Taylor, Texas, with construction slated to start later this year

VMware Gitex

VMware to exhibit its latest innovations in multi-cloud, apps modernisation at Gitex Global

The company will also have a presence at Global DevSlam, a transformational project by the UAE government which will run alongside Gitex Global

Sitecore

Sitecore to highlight benefits of composable digital experience platform at Gitex Global

The company has invested significantly in acquiring and integrating new products and focusing on a cloud-based, composable software-as-a-service model

Motorola Solutions opens innovation and training center in UAE

Motorola Solutions opens new innovation and training centre in UAE

The training centre will offer space for collaboration and co-development of purpose-built solutions to address public safety challenges

Aruba

Aruba to showcase secure edge-to-cloud networking solutions at Gitex Global

The company will cover all aspects of wired, wireless LAN and wide area networking solutions

Bitcoin mining revenue gauge declines to the lowest in two years

The largest cryptocurrency by market value has dropped almost 60 per cent this year to around $19,000

Crypto Oasis

Crypto Valley Association, Crypto Oasis team up to boost blockchain development in the Middle East

The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and Middle East

Sharjah data centre

Khazna, Beeah Group to bring Sharjah its first Tier 3 data centre

The joint venture will focus on addressing the growing demand for digital infrastructure in the emirate, while aiming for sustainable operations and net-zero emissions by 2050

Dubai Commercity unveils new corporate identity. pic WAM

Dubai CommerCity unveils new corporate identity

The free zone is seeking to strengthen its efforts to increase Dubai’s contribution to the country’s digital economy, which amounts to 4.3 per cent of the UAE’s GDP

E-commerce programme

Khalifa Fund launches e-commerce acceleration programme to boost SMEs’ digital capacity

The programme will feature a five day workshop covering the essentials of e-commerce, commencing September 21

GBM

GBM acquires cybersecurity service provider Coordinates Middle East

The firms will help organisations to address challenges faced with legacy managed security services that are historically complex to deploy

Apple

Apple unveils iPhone 14 with camera upgrades, satellite feature

The iPhone remains Apple’s most important product by far, generating roughly 50 per cent of the company’s sales on its own

Dubai’s DIFC records 11% increase in new company registrations in H1 2022

A total of 537 new companies joined the centre in the first half of the year

Metaverse Holdings

Metaverse Holdings selects Dubai, Abu Dhabi as first cities in global metaverse launch

The emirates will be the first ‘utilised’ hub within the virtual world that replicates real-life experiences and places

Aster Hospitals UAE

Aster Hospitals adopts AI-powered speech recognition solution across its UAE facilities

The latest technology assists healthcare professionals to improve patient care and documentation quality

Ziina

UAE-based fintech Ziina eyes Jordan in regional push

The company successfully raised $9m during a seed round from prominent investors

Laliga Football

LaLiga football league partners with Dubai-based Galaxy Racer to spur growth

The joint venture aims to transform the sports league’s brand presence in the Middle East and North Africa region and the Indian subcontinent

Crypto market cap sinks below $1tn, Bitcoin near 2022 low

The largest digital token has shed more than 6 per cent so far this week

Professor Debbah

How mathematics will drive the third wave of AI development

Sophisticated mathematical tools that mimic how the brain works, enabling us to better structure the logic capability inbuilt in future AI, are crucial