FeaturedTechnologyEgypt 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
FeaturedTechnologyUAE-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
FeaturedTechnologyUK 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
FeaturedTechnologySingaporean 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
FeaturedTechnologyTelecom 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
FeaturedTechnologyBinance launches $1 billion growth fund to accelerate blockchain adoptionIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 Nearly half of the funds will be directed toward virtual reality and blockchain-based financial services... Read more
FeaturedTechnologyChina introduces AI ethics as it aims to be global AI leader by 2030IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 The news rules and regulations are in line with China’s 2017 national AI strategy... Read more
FeaturedTechnologySaudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
FeaturedTechnologySoftBank announces $3 bn to invest in LatAm tech firmsIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 So far, it has backed companies in Brazil, Mexico, Chile, Colombia and Argentina... Read more
FeaturedTechnologyGlobal blockchain market to reach $104.19 bn by 2028IFM CorrespondentSeptember 14, 2021September 14, 2021 by IFM CorrespondentSeptember 14, 2021September 14, 2021 The market is set to grow at a CAGR of 55.8% between 2021 to 2028... Read more