With only days to go until festive celebrations kick into high gear and with New Year’s Eve just around the corner, UAE residents are packing their bags for one last trip in 2024. Expedia’s recent Winter Travel Outlook highlights a trend towards close-to-home destinations, ideal for those looking to make the most of their remaining […]
The global real estate industry is poised for a significant technological shift, with property technology (PropTech) investments set to reach US$37 billion by the end of this year and approach US$90 billion by 2032, according to a report by Fortune Business Insights. This surge in so-called property technology spanning data analytics, artificial intelligence, and blockchain […]
In less than two years since its launch, UAE-founded Revibe, the leader in guarantee-backed refurbished tech, has marked another milestone, having recently closed its Series A of US$7 million in a round co-led by ISAI and Resonance, and featuring prominent investors such as Kima Ventures and Edouard Mendy. This follows a year of strong revenue […]
As the UAE embraces its cooler months, the arrival of perfect weather heralds a vibrant outdoor lifestyle filled with gatherings, celebrations, and al fresco dining. From sunlit afternoons spent by the beach to glittering evening soirees under the stars, this is the season where the dynamic social scene truly comes alive in the UAE. Whether […]
Gias Srl, a leading Italian company in the frozen food industry, has partnered with Swisslog to construct an advanced automated warehouse for frozen, semi-finished and finished products. Specializing in frozen vegetables, Gias supplies its products to retail, industrial, and catering customers worldwide. This strategic investment marks a significant step in Gias’ automation journey, with the […]
Amsa Hospitality Academy is delighted to announce a new partnership with King Khalid University for the launch of a joint training program. Launched in November, an inaugural cohort of 20 university graduates has begun vocational training at the soon-to-open Mercure Khamis Mushait, the first internationally branded hotel in the Aseer Province city of Khamis Mushait. […]
Saudi Venture Capital (SVC) announced its investment in Middle East Venture Fund IV, a venture capital fund managed by Middle East Venture Partners (MEVP). The fund size is $150 million. The fund will support technology startups with high growth potential that will have a positive long-term impact on multiple sectors of Saudi Arabia’s rapidly modernizing […]
Photo: Lukasz Rey, Managing Director and Partner BCG. The UAE’s payments industry is poised to achieve significant growth, with total revenues projected to reach $27.3 billion by 2028, according to the latest Global Payments Report 2024 from Boston Consulting Group (BCG). Despite a global slowdown in growth rates, the UAE continues to lead in the […]
The Mastercard Economics Institute released ‘Economic Outlook 2025’, its annual report identifying the themes that will shape next year’s economic landscape. The global economy has managed through a series of shocks admirably over the past few years. The report anticipates 2025 to be defined by shifts in monetary and fiscal policy and a move toward […]
Photo: Thomas Ekdahl, Engineering Manager, Axis Communications Written by: Johan Paulsson, CTO, Axis Communications Mats Thulin, Director Core Technologies, Axis Communications Thomas Ekdahl, Engineering Manager, Axis Communications We’ve once again reached the time of year when we look ahead to some of the technology trends that will affect the security sector over the coming 12 […]
