Bosch’s long-time chief financial officer Stefan Asenkerschbaumer will become supervisory board chairman
Global trends of investing with purpose have been reflected regionally as well
The two companies have also agreed to form a joint innovation partnership
In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail e-commerce market
The Bitcoin Fund invests in long-term holdings of Bitcoin as a safer alternative to direct investments in the cryptocurrency
GlobalFoundries is prepping a US initial public offering that could value the chipmaker at $30bn
Bitcoin has roughly halved from a record of $65,000 in mid-April
Tabby has raised more than $30m in funding from local and global investors
Construction on the Wastewater Monitoring Lab, being developed in collaboration with G42 Healthcare, will be completed in 12 months
The Beehive platform uses crowdfunding technology to connect SMEs seeking finance with investors who can support their finance request
The Luxury Closet has teams across five countries, and serves clients worldwide representing 85 countries
The contract will run for at least five years and include training by Google Cloud to LVMH’s staff
The scanners will be used at entry points to the emirate and will screen for potential Covid-19 infections, providing immediate results and denying entry in case of a positive detection
Making well-informed data-based decisions around development policy accelerates local business, drives trade, and enables job growth
Efficiency and increased profits are not the only advantages of adopting an Industry 4.0 model
Cryptocurrencies have been under pressure in recent weeks, with Bitcoin losing about 30 per cent since mid-April
The billionaire plans to hand the reins as Amazon’s CEO to Andy Jassy on July 5
Startups that wish to participate in the incubator and accelerator programmes can be based anywhere in the world
Flipkart is seeking to raise at least $3bn
Here’s how the platform can help champion innovation and reduce the failure rate among startups within the region
According to the founder, missed deadlines are a ‘real source of concern’
Facebook also is expanding the number of workers who are allowed to move to other countries
Once implemented, ADIB customers can authenticate their e-commerce transactions by using their mobile application biometric authentication
Tech growth stocks continue to offer opportunities for investors due to their strong future potential, states entrepreneur and investor Shailesh Dash
Opontia was launched in March 2021
Events of the last year have focused the spotlight on the benefits of cloud-based solutions
Advanced computational fluid dynamics software is increasingly deployed to predict the air speed and temperature field of UPS components, boards, and systems
The new technology will ensure 100 per cent traceability of containers, as well as the potential to launch an autonomous vehicle system
Founded in November 2014, the company with operations in several countries including the UAE and Saudi Arabia is now valued at $2.1bn
The financing will be used to scale the platform, develop new features, and grow the team