Friday , 19 October 2018

Tag Archives: MENA

Could Rain from Bahrain be what MENA cryptocurrency traders have been waiting for?

Fledgling cryptocurrency exchange Rain hopes to become the region’s first to achieve full licensure Digital currency exchange Rain is aiming to become the first licensed cryptocurrency exchange in the Gulf Cooperation Council after graduating from Bahrain’s fintech sandbox. The exchange’s founders have been in discussions for two years to try to achieve a stable legal framework for digital currency traders, …

Read More »

Education in the Middle East and North Africa

ACHIEVEMENTS The Middle East and North Africa Region (MENA) has taken great strides in education. It has quadrupled the average level of schooling since 1960, halved illiteracy since 1980 and achieved almost complete gender parity for primary education. Access: Enrolment in the region’s school systems has increased significantly over the past decade to the point where universal primary education has …

Read More »

Dubai Future Foundation in collaboration with Haykal Media inaugurates the region’s first ever EmTech MENA

Held under the patronage of His Highness Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai, Dubai Futures Foundation and Haykal media inaugurate the region’s first ever EmTech MENA 2018, a platform designed to address the future trends of technology in an evolving world. The inaugural ceremony was attended by HE Omar bin Sultan Al Olama, Minister of State …

Read More »

SettleMint & Centurion announce partnership to bring Blockchain technology to the MENA region

SettleMint & Centurion are pleased to announce their partnership to enable SettleMint’s cutting edge Blockchain technology to Centurion&Co’s impressive list of clients in the MENA region. The combination of SettleMint’s technology and Centurions expertise in Fintech, Blockchain and Digital Transformation in the region will be leveraged to support Government, Telecom, BFSI and Healthcare in the realization of their Blockchain projects. …

Read More »

53% of MENA executives have AI and Automation on their agenda

53% of senior executives based in the MENA region named artificial intelligence (AI) and Robotic Process Automation (RPA) as the most prominent technologies on their boardroom agenda. In consumer-facing sectors, automation is the leading technology focus in MENA, according to EY recent report. Moreover, the EY report ‘The power of intelligent automation: Making customer interaction smarter in the GCC’, identifies …

Read More »

All quiet on the investment front?: Middle East venture capital funding lower, but market conditions remain positive, funders say

The $112 million raised in VC funding by Mena firms is lower than 2016 and 2017 when big bets were made on Souq.com and Careem Still, Wajdi Ghoussoub, associate director of venture capitalist firm Middle East Venture Partners (MEVP), did not think that the lower value of money invested was an issue for concern. In response to questions by email, …

Read More »

Seed capital helps MENA female start-ups take flight

Women are underrepresented when it comes to new business launches and Elissa Freiha – founder of the first female-focused accelerator in the region, Womena – is passionate about pushing the numbers higher. “Honestly, I think this region is the most exciting start-up space globally right now for the simple fact that the potential is still untapped,” she says. “The resources …

Read More »

500 Startups invests in 12 Middle East and North Africa (MENA) startups as part of the second ‘MENA DOJO’ series a program

Silicon Valley based 500 Startups, the most active early-stage Venture Capital firm in the Middle East and North Africa (MENA) region, has announced twelve pre-Series A regional companies participating in the second edition of the MENA Dojo Series A Program following a very rigorous selection process. The startups in this batch include : Eyewa, online glasses and contact lenses retailer; …

Read More »

Software sector witnesses highest talent turnover in MENA: Study

The trouble with retaining tech talent is high-demand and rising compensation within the industry. By Staff Writer, Khaleej Times The technology sector, retail and media industry witnessed the highest talent turnover in the Mena region as employees moved to search for better opportunities, a study by LinkedIn has revealed. The findings, based on LinkedIn’s data on half-a-billion professionals, show that …

Read More »

MENA solar power projects pipeline set to double in 2018

By Anoop Menon, ZAWYA Project mix dominated by the Saudi market and solar photovoltaic systems The pipeline for solar power projects in the Middle East and North Africa (MENA) is set to double this year, with Saudi Arabia accounting for more than half of all projects, according to a new report published on Monday by the Middle East Solar Industry …

Read More »