Investor interest is gaining momentum in the IPO of Barka Desalination Company SAOG (under transformation) (BDC or the Company). The Company, alongside the issue manager – Bank Muscat Investment Banking, has been holding several meetings with key investors for Phase I of the IPO (i.e. Book Building). Meetings were conducted with more than 50 key […]
Category: NEWS
The Metaverse, Astronauts and Robotics on Show During the Opening Day of Arab Health and Medlab Middle East
Global clinicians made ‘exhibition history’ by attending a lecture in the Metaverse with the launch of The Metaversity hosted live from Arab Health. Presented by Professor Shafi Ahmed, Chief Medical Officer of Medical Realities, the session took place on the ABHI UK operating theatre and connected medical professionals from around the globe. “In the future, […]
COVID-19 Pandemic Catalyst for Increasing Investment in Women’s Health Technologies, According to Experts at Arab Health
With the COVID-19 pandemic acting as a transformation catalyst and accelerating innovation across the entire healthcare ecosystem, visitors at Arab Health 2022, which runs from 24 until 27 January at the Dubai World Trade Centre, had the opportunity to hear the latest insights, discoveries, and predictions for the future from the visionary companies that are […]
Zimmer Biomet Opens Commercial Office in Dubai Following Sustained Growth in Middle East
Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health, has opened a new commercial office in Dubai, United Arab Emirates. The decision follows years of growing sales of Zimmer Biomet’s advanced technologies, surgical robotics and implants to hospitals and clinics […]
What You Need to Know about ORBS in 2022
2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of […]
Applications for Microsoft’s ‘GrowthX Accelerator’ second cohort now open for UAE’s B2B startups
Microsoft for Startups Middle East today announced it has opened a second round of applications for Microsoft for Startups’ highly successful GrowthX Accelerator Programme and is accepting registrations for the next series of virtual conferences in the well-received Highway to 100 Unicorns virtual conference. The GrowthX Accelerator and Highway to 100 Unicorns are part of […]
USD 150m India-UAE VC Fund to boost startup ecosystem
Dr Ajai Chowdhry, HCL Founder and Chairman-Start-up Committee, FICCI yesterday announced the launch of India-UAE VC Fund of USD 150 million from the India Pavilion at EXPO2020 Dubai. The VC Fund is a first of its kind to be set up in the UAE with a purpose to source, invest, and nurture promising start-ups through […]
Egyptian American Startup Magalix Acquired by Weaveworks, the GitOps company
Weaveworks Limited, the GitOps company with headquarters based in London and San Francisco, has announced its acquisition of Magalix Corporation, an Egyptian-American cloud-security startup. Founded in 2017, Magalix successfully completed multiple rounds of investments, totaling 4.2 million USD. Among Magalix’s biggest supporters and investors in Egypt include Endure Capital and Egypt Ventures. Headquartered in the […]
Innovation and technology took centre stage at the Inaugural Future Health Summit last night
Senior government healthcare officials, CEOs and visionaries from around the world, attended the inaugural Future Health Summit last night, Tuesday 25 January, to hear from a range of experts on the future of the healthcare and laboratory industries. The invitation-only, in-person summit, organised by the MENA region’s leading exhibitions for the healthcare industry, Arab Health […]
Takeda recognized as global top employer for fifth consecutive year
Takeda, the R&D-driven global biopharmaceutical company, has been recognized as a Global Top Employer by the Top Employers Institute for outstanding people policies and practices worldwide. One of only 11 companies worldwide to receive the global certification for 2022, it is the fifth consecutive year that Takeda has received the title. In addition to being recognized […]