Aramco Weighs $1 Billion Venture Capital Fund For Tech

Saudi Arabia’s national oil company is considering a $1 billion venture-capital fund to invest in international technology firms, according to people familiar with the proposal, as the...

Standard Chartered pilots world’s first blockchain-based trade finance guarantees

Standard Chartered announced today a collaboration with SiemensFinancial Services, the financing arm of Siemens, and TradeIX, a digital trade provider, to carry out an industry-first client pilot to create an...

Dubai to launch world’s first blockchain court

The Dubai International Financial Centre (DIFC) Courts has partnered with Smart Dubai to create the world's first Court of Blockchain, according to the Dubai Media Office. The partnership is the first step...

Mark Zuckerberg Lost $15.1 Billion in 5 Minutes

Facebook Inc, the fifth-largest global stock by market capitalization, collapsed 18.96 per cent on Thursday, the biggest one-day wipeout in U.S. stock market history, after the social...

Jabbar Announces the Launch of New Fintech Company Kambio Ventures

Jabbar, the renowned investor and prolific innovator is set to disrupt the financial services sector with the launch of Kambio Ventures, announced today. Kambio Ventures is building...

More than half billion Chinese pay by mobile phones

China saw fast expansion in the number of mobile payment users last year, reaching 527 million at the end of 2017, according to an internet industry report. The...

Mideast online retailer noon expands to China

Noon, the Middle East’s homegrown digital marketplace, is proud to announce the launch of two entities in China, one on the mainland and the other in Hong...

Abu Dhabi’s Krypto Labs offers $1m drone prize

The Drone X Challenge 2018 is intended to push the limits of drone capabilities, to improve the suitability of drones for deployment in roles such as deliveries...

How to Become A Successful Real Estate Entrepreneur

Firas Al Msaddi arrived in Dubai 12 years ago from Syria to work as a store assistant before founding fam Properties in 2009, a real estate brokerage...

UAE’s first celebrity tokens crypto exchange

An agreement has been signed to pave the way for the launch of UAE’s first fully-licensed celebrity tokens crypto exchange. In a partnership aimed at expanding its celebrity...

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