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Bravado Gaming

Bravado Gaming announces its debut in Middle East, Africa

The Bravado expansion will include the establishment of bases in South Africa, Egypt, the UAE, and Saudi Arabia

Oracle research Morocco

Oracle opens new research and development lab in Morocco

New facility in Casablanca taps into African talent to create cloud solutions for Oracle customers worldwide

Mastercard retailers

Mastercard begins facial-recognition rollout with retailers

Facial recognition is just one of many technologies being trialed by retailers, banks and payments firms to eliminate cash and reduce fraud

Anghami founders

Anghami reports revenue of $35.5m in 2021, paid subscribers rise to 1.4 million

Anghami reported its advertising revenues touched $9.8m, with the advertising gross margin growing from 38 per cent in 2020 to 53 per cent in 2021

Apple’s Chart-Topping Run Gets a Boost From Retail Investors

Apple delays plan to have workers in office three days a week

The company is still expecting workers to come to the office two days per week

Elon Musk sells $6.9bn of Tesla shares, first since April

Elon Musk says Twitter must prove bot claims for $44bn deal to proceed

Musk shocked the market last week when he tweeted that his offer to buy Twitter was “temporarily on hold”

Aveva

Aveva launches enhanced digital twin with wearable scanning

Aveva’s clients may now experience a complete digital twin within 60 days, even if there are no existing models

MeetingVR

MeetinVR launches metaverse collaboration solution for businesses and education

Since 2016, the company has been developing a virtual reality platform for meetings, workshops, training, and education

Semiconductor Gartner

Worldwide semiconductor revenue to grow 13.6% in 2022: Gartner

The component supply constraints are expected to gradually ease through 2022

Detasad technology

Saudi’s Detasad unveils new technology at Satellite 2022 conference

Dynamic bandwidth optimisation technology is one of the four solutions patented by the infrastructure provider in 2022

Technology

Digital minimalism: How much technology do we really need?

It is imperative to understand the technology needed to support our lifestyle and needs and cut out the rest

Twitter

Musk declares $44bn Twitter takeover ‘on hold’

Bots are currently allowed on Twitter, though under the company’s policy, such accounts are supposed to indicate that they’re automated

Nokia Oracle

Nokia moves HR functions to Oracle Fusion Cloud HCM

The telecommunications group digitises HR systems on Oracle to support its global workforce

Hub71

Abu Dhabi’s Hub71 welcomes 16 new startups to join ecosystem

The new cohort will have the opportunity to develop advanced technologies and gain access to the emirate’s innovation ecosystem

Apple’s Chart-Topping Run Gets a Boost From Retail Investors

Apple drops 22% from January peak as tech selloff continues

The stock is on track for a seventh straight weekly drop, which would represent its longest such streak since November 2018

EFG Amazon.eg

Amazon invests $10m in EFG Hermes, may convert to 4.255% stake in subsidiary valU

ValU has a current post-money valuation $235m

Crypto

Crypto is feeling the market heat. Here’s what you should do

The turmoil is a good time for investors to rebalance their portfolios

summer in the UAE

Asus lights up Burj Khalifa for The Pinnacle of Performance launch event

At the show, the brand announced its leading market position in two new segments

Emirates Huawei

ATM 2022: Emirates extends strategic partnership with Huawei

Both firms originally formed a strategic agreement in early 2020 by making the Emirates app available on Huawei’s AppGallery

Saudi Aramco

Saudi Aramco becomes world’s most valuable stock as Apple drops

Earlier this year, Apple boasted a market value of $3tn, about $1tn more than Aramco’s

Entrust Cyberknight

Entrust onboards CyberKnight as new distributor for Middle East Region

The partnership will see the two companies jointly build solutions for the Middle Eastern market

Apple

End of an era: Apple discontinues its last iPod model

The touch-screen model, which launched in 2007, will remain on sale until supplies run out

Dr Alzarouni

Dr Marwan Alzarouni joins Everdome as official advisor

Dr Alzarouni is known for his work as the CEO of Dubai Blockchain Center and serves as the managing partner at innovation consultancy Accelliance

Digital dentistry - dental

Align Technology expands regional footprint into Oman

Orthodontists in Oman will now be able to receive Invisalign training in order to provide clear aligner therapy to their patients

Dubai SME leverages fintech to support start-ups in partnership with Beehive

BlackBerry partners with Midis Group to drive growth in Eastern Europe, the Middle East, and Africa

Midis Group will focus on driving growth for BlackBerry’s cybersecurity business unit

UAE ransomware

Over 59% of UAE organisations surveyed were hit by ransomware in 2021 – research

The average cost to recover from the most recent ransomware attack in 2021 was $1.26m

Okadoc

Okadoc appoints new chief executive officer for Saudi Arabia

Taher comes to Okadoc with over 15 years of experience in the industry

Multi-factor authentication

Multi-factor authentication to generate $27bn globally for mobile operators in 2022 – research

A Juniper Research study found that operators will generate this revenue from termination of SMS messages related to multi-factor authentication

Aramco

Aramco closes in on Apple as world’s most valuable firm

The rally in oil prices has boosted the world’s biggest oil company’s shares

Cloud end-user spending

Worldwide public cloud end-user spending to reach nearly $500bn in 2022: Gartner

In the Middle East and North Africa, end-user spending on public cloud will total $5.8bn in 2022, growing 18.8 per cent from 2021