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KLAIM secures $5m funding round with plans to reach $30m

In order to develop its receivable purchase activities in the UAE, KLAIM has obtained a…

Dubai-based Rekt Studios raises $1.5m to fund gaming metaverse plans

In order to create its first game metaverse, Dubai-based technology startup Rekt Studios has acquired…

Abu Dhabi-based InsurTech Wefox aims to double revenue in 2023

Wefox, an insurance technology startup sponsored by Mubadala Investment Company in Abu Dhabi, plans to…

Theranos founder faces 20-year jail sentence for defrauding investors

On Friday, a final decision regarding Elizabeth Holmes’ punishment for her part in Theranos’ demise…

Layoffs started and will continue moving ahead, Amazon CEO says

A “tough environment,” which had been anticipated, has led to job losses at Amazon, the…

Abu Dhabi Global Market (ADGM) partners with Rackspace to accelerate cloud migration

In order to work together on a number of important strategic technological initiatives, Rackspace Technology…

MENA Fintech Awards
ADFW sees the inauguration of the MENA Fintech Awards organized by MENA Fintech Association

Abu Dhabi Finance Week is a week-long engagement addressing a spectrum of economic issues: financial…

ADGM Academy launches school of Digital Assets to expand digital education in region

A School of Digital Assets has been established by Abu Dhabi Global Market Academy, the…

Elon Musk gives Twitter staff deadline to work hard or leave the place

Elon Musk has given Twitter employees until Thursday evening to sign a contract pledging “hardcore”…

Twitter to introduce longer tweets, Musk says

The character limit on Twitter has always been seen as either a benefit or a…