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Intel to lay off employees due to recession and market slump fears

For the second time this year, chipmaker Intel Corp. lowered its 2022 revenue projection on…

STC grants additional $300m to VC firm STV

Saudi Telecom Company (STC) announced on Wednesday that, in addition to an initial $500 million…

RAKEZ teams up with Wio Bank enabling clients to access latest offerings in digital banking

The first entirely digital banking platform in the area, Wio Bank, has partnered with Ras…

BNPL vaIU, aiBANK partner with Sylndr

In a unique partnership with Egypt’s homegrown used-cars retailer, Sylndr, valU, MENA’s leading Buy-Now, Pay-Later…

UAE-Fintech Lune secures $850k eyeing MENA expansion

Helal Tariq Lootah, an entrepreneur from the UAE, and Alexandre Soued co-founded Lune, a data…

Pure Harvest to contribute to building 1st hybrid tomato greenhouse in Singapore

startup in Abu Dhabi To increase sustainable food security, Pure Harvest Smart Farms and the…

Elon Musk assures his intentions of keeping Twitter a healthy environment

Elon Musk, the CEO of Tesla, announced on Thursday that he was purchasing Twitter in…

Elon Musk closes $44 bn Twitter deal

After stormy months of back and forth, during which the billionaire questioned the real numbers…

Elon Musk enters Twitter HQ carrying a ‘sink’ as deal approaches closure

The richest man in the world, Elon Musk, showed up with a kitchen sink to…

Saudi Arabia signs 6 MoUs on opening day of Future Investment Initiative

The agreements will assist the Ministry of Investment’s efforts and goals to draw investments, encourage…