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Dubai-based metaverse startup Eikonikos raises $2m in pre-seed funding

The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022

Justclean secures $6m funding led by Gulf Investment Corporation

The Gulf region’s $3bn cleaning industry is driven mostly by independent service providers

OPPO launches Reno7 series across GCC

The Reno7 series is available to pre-order from March 16, 2022, across the GCC region with additional gifts worth up to Dhs797

Gisec Global 2022 to drive industry fightback against cyberthreats

100 ethical hackers to find and fix security flaws in electric cars, smartphones and drones at Gisec Bug Bounty programme

Bitcoin jumps above $41,000, challenging past week’s tight range

Bitcoin had spent the past few days mired in the tightest trading range since October 2020

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Google to acquire cybersecurity firm Mandiant for $5.4bn

Google will purchase Mandiant for $23 a share in an all-cash deal, according to a statement

How going digital is the best way forward

A digital revolution is taking shape, helping companies become more innovative, sustainable and resilient

Tier Mobility launches e-bikes in the Middle East

Bahrain is the first country in the Middle East to receive Tier’s e-bikes

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Gartner identifies top security and risk management trends for 2022

Security leaders must evolve strategies to protect an expanding digital footprint against emerging threats

Bahrain’s Central Bank issues operating licence to Binance

Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider

E-commerce

UAE e-commerce market valued at over $5bn in 2021

Total e-commerce in the UAE is projected to cross $8bn by 2025

Crypto Oasis gears up to add up to 1,000 blockchain organisations

As of March 2021, this fast-growing ecosystem reached over 700 organisations operating out of the UAE

Zenatix launches in the UAE to offer IoT powered energy saving solutions

The company aims to target the growing billion-dollar small and mid-sized building automation market in the UAE

Formula 1 Lenovo

Formula 1 signs up Lenovo as official partner ahead of 2022 season

Lenovo’s hardware devices, as well as its high performance computing and server solutions will be integrated throughout the organisation’s operations

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Global Blockchain Congress: Interview with Lutfi Qarajah, Petracoins

Petracoins is a digital asset management platform that helps businesses in purchasing, trading, storing, and using currencies such as bitcoin

Panasonic readies new battery Tesla sees as key to $25,000 EVs

Panasonic will start mass production of 4680 batteries in the fiscal year starting April 2023

How One Global helps make day-to-day digital service payments more mobile

Our forward-thinking approach and business platforms are on the verge of disrupting the status quo for entrepreneurs, says Mohammed Al-Rashidi, executive chairman, One Global

UAE hospitality brand Stella Stays to accept cryptocurrencies

Customers will be able to complete online transactions by paying in Bitcoin, Ethereum and over 35 altcoins directly through Stella Stays’ website

Launch date for OPPO Reno7 series in GCC revealed

The new Reno7 Series consists of three 5G models, designed for content creators, immersion-seeking gamers and digital alphas

Cover Story: How Informa Markets is putting the Middle East region on the global map

From being hit hard during the Covid-19 pandemic to organising LEAP22, Mike Champion and Annabelle Mander of Informa Markets, tell us how their company’s resilience has helped them successfully deliver some of the region’s top live events

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How technology will inevitably play an important role in Saudi Arabia

The kingdom recently announced over $6.4bn of investments in future technologies and entrepreneurship at LEAP, the largest tech event in Saudi Arabia

Etisalat Misr selects Ericsson to upgrade its business support systems in Egypt

The business support systems is a critical foundation for Etisalat Misr’s digital transformation programme

Uber’s Careem seeks $500m from Abu Dhabi and Saudi funds

Dubai-based Careem has reportedly held talks with Saudi Arabia’s Public Investment Fund and Abu Dhabi’s ADQ to raise the funds

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves law regulating digital assets in Dubai

The provisions of the Dubai Virtual Asset Regulation Law will be applicable across the emirate, except the Dubai International Financial Centre

Cisco Saudi Arabia and Sultan Bin Abdulaziz Humanitarian City collaborate

The MoU aims to develop cooperation in digital transformation and explore ways to accelerate digital health services to patients

talabat Cristiano Ronaldo

Watch: Cristiano Ronaldo appointed as official ambassador for talabat

Talabat will feature Ronaldo in a number of campaigns and on-ground activations across the MENA region

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MicroStrategy enters into strategic partnership with Abu Dhabi-based Magnoos

The partnership aims to help regional organisations overcome bottlenecks in adopting artificial intelligence and analytics

University of Sharjah, VMware sign MoU to launch IT academy

The partnership will train students and offer educational resources, in addition to organising events, seminars and workshops within the field

In pics: Sheikh Hamdan opens Meta’s new regional headquarters in Dubai

The new base will serve the Middle East and North Africa region

UAE 5G devices

Pause, play, fast forward: It’s more than just a game

As nations, communities and social gathering were put on pause, gaming offered a window to another world