Riyadh hosting this year’s largest cybersecurity eventIFM CorrespondentNovember 30, 2021 by IFM CorrespondentNovember 30, 2021 The conference will showcase the latest developments in information and server security... Read more
Global IT spending to increase by 5.5% to reach $4.5 tn in 2022IFM CorrespondentNovember 22, 2021November 22, 2021 by IFM CorrespondentNovember 22, 2021November 22, 2021 Around $1.5 tn will be spent on communications services... Read more
Dubai-based blockchain company Hyperspace raises $11 mn to create immersive entertainment attractionsIFM CorrespondentNovember 18, 2021 by IFM CorrespondentNovember 18, 2021 The funding will also be used for a social media and metaverse generation... Read more
Egypt to develop indigenous e-vehicles in a bid to switch to clean energyIFM CorrespondentNovember 15, 2021 by IFM CorrespondentNovember 15, 2021 Egyptian authorities signed an agreement with a private sector company... Read more
UAE-based tech firm Immensa raises $7 mn in funding to expand into Saudi ArabiaIFM CorrespondentNovember 12, 2021 by IFM CorrespondentNovember 12, 2021 The funding round was led by Energy Capital Group (ECG) and Al Turki Ventures... Read more
South Africa-based tech startup Adbot raises $500k funding to access new marketsIFM CorrespondentNovember 10, 2021November 10, 2021 by IFM CorrespondentNovember 10, 2021November 10, 2021 Adbot provides online advertising solutions for African small and medium-sized businesses... Read more
UK announces £3 bn for greentech during COP26 summitIFM CorrespondentNovember 2, 2021 by IFM CorrespondentNovember 2, 2021 The £3 bn includes support for a new £200 mn Climate Innovation Facility... Read more
The Africa Blockchain Centre raises funds to boost blockchain adoption in AfricaIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 It will focus on six African markets which are 6 Africa markets of Tanzania, Kenya, Nigeria, Zambia, Uganda, and South Africa... Read more
Singaporean drone startup H3 Dynamics raises $26 mn to decarbonize air mobilityIFM CorrespondentOctober 21, 2021 by IFM CorrespondentOctober 21, 2021 The funding round was led by SPARX Mirai Creation Fund... Read more
Telecom Egypt signs deal with Nokia to develop IoT infrastructureIFM CorrespondentOctober 19, 2021October 19, 2021 by IFM CorrespondentOctober 19, 2021October 19, 2021 The deal was signed in the presence of Egyptian Minister of Communications and IT Amr Talaat... Read more