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Samsung is investing $500m in home appliances production in Mexico

Mexican Foreign Minister Marcelo Ebrard said on Monday that Samsung Electronics will spend $500 million…

Anghami acquires event-management company Spotlight tapping into virtual entertainment

In order to completely integrate its platform, Anghami, an Arab competitor of Spotify’s music streaming…

PC sales expected to drop by 9.5% in 2022, Gartner says

According to research firm Gartner, personal computer sales are predicted to decline by 9.5% annually…

Zand Bank receives UAE Central Bank Licence

The UAE Central Bank has authorized Zand, the first digital bank in the Emirates with…

Abu Dhabi’s Youth Hub to host 4th edition of Venturist Entrepreneurship Summer Camp 2022

The fourth summer camp for aspiring entrepreneurs, sponsored by the Khalifa Fund for Enterprise Development,…

Coinbase’s Vauld suspends withdrawals amid crypto slump

As the repercussions from the downturn in digital assets continue to resonate, Vauld, a cryptocurrency…

British Army’s Twitter & YouTube Hacked!

Following the hacking of its Twitter and YouTube accounts, the British Army said it is…

UAE-based FinTech startup YAP raises $41m aiming at expansion

YAP, a digital banking app and start-up in the UAE, has secured $41 million to…

Dubai residents will be able to visit government offices, complete transactions in The Metaverse, Cybergear official

According to Sharad Agarwal, chief metaverse officer of Cybergear, Dubai citizens will soon attend government…

Spire plans to pump $39.5m into MENA expansion

With assistance from Bahrain Economic Development Board, Spire, a top GCC provider of open banking,…