Advanced Technology Research Council announces new commercialization arm

Abu Dhabi’s Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s advanced technology R & D ecosystem, today announced the launch of VentureOne, a new commercialization arm to bring innovative research solutions to market at speed, and monetize all IP being generated at TII’s centers and beyond. Three specialized advanced technology […]

Supertech Group Digitally Transforms with Infor to Boost UAE’s Industrial Growth

 Infor, the industry cloud company, has announced that Supertech Group, a diversified conglomerate based in Dubai, has digitally transformed with the help of Infor LN, enhancing its ability to meet growing demand for industrial products and discrete manufacturing across sectors. Supertech Group’s digital transformation aims to support national initiatives such as the UAE’s ‘Operation 300bn’ strategy to increase the […]

C3 Arabia, the Middle East’s Leading Omnichannel Food Tech Platform, Announces Ian Toal as CEO

C3 (Creating Culinary Communities), the leading global food tech platform founded by visionary Sam Nazarian, joins WK Holding, the leading Saudi Arabia based investment House to announce Ian Toal as CEO of C3 Arabia. Ian Toal’s new post encompasses more than 30 years of leadership experience in global hospitality, international supply chain management and quick service restaurants. The news of Ian Toal’s appointment follows the recent announcement of the partnership between C3 and WK […]

Chicago Entrepreneur Goes Global, Raising More Than Thirty Million in the B-round

The SparX Group of Cayman Island recently announced the closing of a B-round fund-raising of over 30 million USD. Co-founded by Dr. Gui-Dong Zhu, an Abbott/AbbVie alumnus, the emerging biotech power develops innovative anticancer biologics utilizing the company’s integrated platform for bispecific antibodies and antibody drug conjugates. HighLight Capital (HLC) and Rotating Boulder Fund co-led this […]

Commercial Bank of Dubai becomes the first bank to establish a Digital Lab at the DIFC Innovation Hub

 Commercial Bank of Dubai, one of the leading banks in the UAE, announced the opening of its Digital Lab at the Dubai International Financial Centre (DIFC) Innovation Hub, the region’s largest innovation ecosystem. The CBD Digital Lab was inaugurated by CBD Chairman, H.E. Humaid Alqutami, CBD Vice Chairman, H.E. Sultan Saeed Al Mansoori, and the […]

Mastercard Joins Dubai Financial Services Authority Threat Intelligence Platform to Strengthen Cyber Resilience Across the Region

Mastercard has joined the Dubai Financial Services Authority (DFSA) Threat Intelligence Platform (TIP), furthering Mastercard’s alliance with Dubai International Financial Centre (DIFC). The collaboration cements Mastercard’s commitment to construct intelligence-led, public-private partnerships and boost cyber resilience across the Middle East, Africa and South Asia region. The DFSA TIP facilitates the development of a community of […]

10×1000 Launches “Flex” Fintech Program with Partners Worldwide to Bridge Global Digital Skills Gap and Drive Financial Inclusion

FinTech training platform 10×1000 Tech for Inclusion announced that it will deepen its collaborations with partners worldwide. 10×1000 will work with leading global organisations, tech investors, and industry organisations to offer a programme that enables aspiring practitioners to learn from global experts at their own pace. The FinTech Foundation Programme Flex will be available from […]

NDB admits Egypt as new member

The New Development Bank (NDB) – established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 – has admitted Egypt as a new member. NDB’s Board of Governors authorized the Bank to conduct formal negotiations with prospective members in late 2020. After a round of successful negotiations, NDB started expanding its membership in September 2021 with the admission of Bangladesh, United Arab Emirates (UAE) and Uruguay. Egypt is […]

China famous SaaS company OP Retail is now going global after 2 rounds of funding

OP Retail, one China retail solution provider which has empowered over 2,000 brands with its cutting-edge sensors and analytics, is now extending its business globally after the round B financing. According to OP Retail, it has already entered 30 countries and will mainly aim at markets in South Africa, UAE, Singapore, the United States and, the United Kingdom in near future. Jayson Zhou, […]