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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…

UAE AgriTech startup Produze raises $2.6m in funding round

In a seed fundraising round, Produze, an agricultural technology start-up based in the United Arab…

Dubai-based Swvl announces $20m in private sale & purchase agreement

A definitive deal has been made between a US institutional investor and Swvl, a company…

HealthTech Insilico Medicine secures $95m to establish R&D base in the UAE

As it gets ready to expand operations in the Middle East with a new research…

Ethereum expected to hit $2,200 as of September

In anticipation of a revolutionary blockchain software upgrade, ether is rising. Intelligent traders are setting…

Godel Technologies joins UAE’s NextGenFDI programme

The Ministry of the Economy (MoE) has announced that Godel Technologies, a 2002-founded agile software…

MENA region has the potential to incubate 45 unicorns, including a decacorn, Saudi Technology Ventures

According to a recent report, the Middle East and North Africa (MENA) area has the…

Proactive approach to beef-up cyber security in the Gulf

With growing inflation and unstable supply chains, it is time for organizations in the ME…

du announces offers and discounts for senior citizens

du, from Emirates Integrated Telecommunications Company (EITC), has announced that holders of the Baraktna card…