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Nigeria

Nigeria startup to expand electric vehicle use in African push

Metro Africa Xpress raised $31m last year to develop an EV market on the continent

Crypto Myths

Insights: It’s time to dispel these crypto myths and misconceptions

As with any new technology, some misconceptions remain over cryptocurrencies. Here are the three most common ones

Cupola

UAE-based Cupola rolls out AI-powered enterprise learning platform

The company has partnered with Avaya to custom-build an intelligent enterprise learning platform

Moro Hub SAS

SAS partners with Moro Hub to elevate AI-based industry solutions in Dubai

Moro Hub will be the service provider of cloud services for SAS catering to the business in Dubai

Delinea

Delinea, Authomize partner to enhance cloud identity security controls

The combined zero-trust authorisation approach to security improves customers’ identity security posture for cloud

Twitter

Twitter gets a win over Musk with trial fast-tracked for October

Twitter filed suit last week, requesting a September 19 start for the non-jury trial

Venture capitalists

Where venture capitalists are inclined to invest in the Middle East

With new innovations in DeFi, GameFi and infrastructure spaces, Cypher Capital looks forward to being part of large milestones for blockchain

Cybersecurity

Not just defensive: Cybersecurity as an enabler for business

The unavoidable disruption that businesses have experienced has pushed the security teams to make enablement a primary objective

Kyndryl

Here’s how Kyndryl is helping organisations reshape their digital strategies

With a new leader on board, Kyndryl aims to continue to invest in new capabilities and expand its partner ecosystem to help customers expedite their transformation journeys

CNNB Solutions

UAE e-commerce firm CNNB Solutions expands to Kuwait

The company supports brands with their e-commerce and direct-to-consumer strategies, to help them reach more customers

Motor

Motor launches electric car-sharing platform in the UAE

The platform aims to accelerate the transition to sustainable mobility in the UAE through flexible and convenient electric car-sharing

altcoins

Crypto altcoins lead push higher as Bitcoin jumps above $22,000

Ether jumped as much as 10.7 per cent on Tuesday in Asia, while Solana added 13 per cent and Polkadot about 7 per cent

Alinma Bank Saudi

Alinma Bank, Foodics sign strategic fintech partnership to empower SMBs in Saudi

The two brands will launch new products to enable small business owners to have full autonomy over their business decisions

Metaverse

Dubai’s new metaverse strategy to create 40,000 virtual jobs

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council launched the metaverse strategy on July 18

Here are the factors you should consider when choosing a smartwatch

Ihab Salem explains the six main considerations for any user’s next smartwatch purchase

UAE satellites

UAE earmarks $820m to build satellites, fund space plan

The move will make it the first Arab country to develop a constellation of synthetic aperture radar satellites

B2B marketplace

Here’s how this B2B marketplace helps SMEs expand globally

Gulf Business in an exclusive interview with Suchit Kumar, CEO at Texub and Niranjan Gidwani, consultant director at Texub

ExpertBook B5

Asus launches refreshed models in ExpertBook B5 series

The thin, light ultraportable laptops are upgraded with 12th Gen Intel Core i7 vPro CPU

Crypto trading

Crypto trading volume tumbled in June to the lowest since 2020

The drop-off in trading volume has taken place across many platforms, including Binance, OKX and FTX

Bitcoin

JPMorgan says Bitcoin cost of production may be down to $13,000

Bitcoin has struggled since hitting a high near $69,000 in November

Facebook Profiles

Facebook users will be able to have up to five profiles

Additional profiles are required to adhere to Facebook’s content policies and will tie back to user’s core account

Wellfit

How technology is transforming the fitness industry

Enhancing user experience by combining both traditional and new-age methods is more important to keep people motivated

OKX

Crypto exchange OKX gets Dubai licence, set to open hub in city

OKX has been granted a provisional virtual assets licence to provide services to qualified investors in the UAE

Bosch

Bosch to spend $3bn to bolster European chip supplies

The auto-parts supplier said that it will make the investment by 2026

Fintech e-commerce

How fintech is shaping the future of e-commerce

By integrating innovative fintech solutions, e-commerce businesses can enhance operations to deliver the ultimate customer experience

Hyundai Ioniq 6

Hyundai unveils Ioniq 6 in push to challenge Tesla

The Ioniq 6 can travel up to 610 kilometres on a single charge with its 77.4 kilowatt-hour battery

National Digital Talent Program Launch Emirates NBD

Emirates NBD launches ‘National Digital Talent Program’ to support Emirati youth and UAE’s AI strategy

Emirates NBD, through its new talent programme aims to nurture and develop young Emiratis, making them future-ready to support the digital economy

DEWA completes digital integration of 70 projects; pic courtesy- Dubai Media Office

DEWA concludes digital integration of over 70 projects with different entities

More than 75 million smart transactions have been completed using DEWA’s digital channels, contributing to reducing 496,256 tonnes of carbon dioxide emissions

Deliveroo hop launches in the UAE

Deliveroo UAE launches new rapid grocery delivery service, partners with Choithrams

Deliveroo Hop, in partnership with Choithrams, will operate its own delivery-only grocery stores offering customers on-demand groceries in as little as 15 minutes within a defined radius

Red Hat

IBM’s Red Hat taps product and technology chief as new leader

Matt Hicks takes over as the software unit’s chief executive officer and president from Paul Cormier, who will serve as chairman