Prince Alwaleed Takes $266.7 Million Stake In Deezer

Saudi Arabian business tycoon Prince Alwaleed Bin Talal has announced that he has completed a $266.7 million (SAR1 billion) deal to buy newly issued shares in French...

Dubai Prepares to Welcome the 7th Global Family Office Investment Summit

Grand preparations are already underway in Dubai as the Pearl of the Arabian Gulf gears up to host the highly anticipated 7th Global Family Office Investment Summit. Featuring the theme "East Meets...

Facebook bans all cryptocurrency ads

Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services...

Dubai launches world’s first floating drive-thru

Aqua Pod allows sea-goers to enjoy food and beverages as they would from a traditional food truck. Dubai has revealed the Aqua Pod concept, the world's first sustainable...

Spotify Launches in the Middle East and North Africa

Spotify, the world’s most popular paid music streaming service, officially launched in the Middle East and North Africa on Tuesday. The company said services would now be...

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...

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...
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Time to delete Facebook, says WhatsApp co-founder

Brian Acton, co-founder of WhatsApp, late on Tuesday asked users to "delete" the social media platform, Facebook, amid alleged data leakage of its users for political purposes. "It...

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...

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