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UAE hosted the biggest funding deal of MENA in first half of 2022, Magnitt report

Companies in the UAE raised $699 million in the first half of 2022, ranking the…

Apple sets Sep 5 as deadline for employees to be back in office

After Covid-19 surges repeatedly postponed its intentions, Apple announced a deadline of September 5 for…

Anghami sees 29% growth in revenue in first half of 2022

Spotify’s competition in the Arab world, Anghami, claimed a 29% increase in first-half revenue as…

Abu Dhabi-based startup World of Farming plans on installing on-site vertical farms to make animal feed

Abu Dhabi-based startup World of Farming will begin building on-site operations at local farms later…

Reddit partners with crypto platform FTX to aid users manage community points

Through a connection with FTX, the cryptocurrency exchange run by billionaire Sam Bankman-Fried, Reddit now…

Bitcoin surpasses $25k and Ethereum tops $2k in expectancy of the Merge

For the first time since mid-June, Bitcoin temporarily crossed the $25,000 mark as momentum from…

Ethereum to move to “cheaper, faster and more environmentally friendly” system Sep 15

The blockchain plans to switch to a proof-of-stake (PoS) mechanism, an event known as the…

TORN cryptocurrency almost loses 25% of value after developer arrest

TORN, the token of Tornado Cash, plummeted as much as 24% after a developer for…

Peloton to cut off 800 jobs and increase prices

In addition to almost 800 job losses, Peloton Interactive Inc. will increase the cost of…

Dubai-based Metaverse ‘Everdome’ secures $10m funding pledge

The $10 million investment pledge from GEM Digital will be used by Dubai-based metaverse company…