Middle East stories
Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.
Gallabox has secured USD $3.5 million in seed funding to enhance its AI-driven WhatsApp tools, aiming to transform communication for small and medium enterprises.
A recent Gartner survey reveals that only 61% of CFOs plan to increase employee pay in 2025, marking a notable decline from previous years.
Dubai International Arbitration Centre has teamed up with Opus 2 to launch an innovative arbitration platform, enhancing dispute resolution across the region.
DE-CIX has shattered records in 2024 with a staggering 68 exabytes of data traffic exchanged globally, marking a 15% increase from last year.
The global drone GIS mapping market is poised for significant expansion, fuelled by technological advancements and increasing demand across diverse industries.
The Kentico Site of the Year 2024 Awards have celebrated 30 exceptional digital projects, demonstrating the platform's growing impact across various industries.
KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.
Index Engines celebrated a transformative year in 2024, reporting a remarkable 112% sales increase in the banking sector fueled by rising ransomware threats.
China has become the largest global market for wrist-worn devices, leading shipments at 45.8 million units, driven by a 20.1% year-on-year growth.
SES has successfully launched its seventh and eighth O3b mPOWER satellites aboard a SpaceX Falcon 9, enhancing its medium Earth orbit constellation.
Huawei leads the global wearables market with a 44.3% year-on-year shipment increase, securing a 16.9% market share in 2024 despite a downturn.
Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
Dragos's latest report reveals a vibrant ransomware landscape for Q3 2024, marked by emerging groups, shifting tactics, and significant operational disruptions.
Businesses plan to boost IT security budgets by up to 9% over two years, driven by rising financial losses from cyber incidents, Kaspersky reports.
Cloudera has partnered with Mercy Corps to enhance humanitarian aid delivery using AI, through the innovative Methods Matcher tool for crisis response.
Westcon-Comstor has strengthened its Comstor division by appointing Stéphane Reboud as Senior Vice President and Steven Heinsius as Vice President for EMEA.
Lenovo's new CIO Playbook reveals a surge in AI spending across Europe and the Middle East, with AI expected to represent 20% of IT budgets by 2025.
Neo4j is backing the creation of DXC Technology's Career Navigator, enhancing employee skill management and improving retention from 24% to under 15%.
Revenite has appointed Jonathon Wetton as its new Chief Technology Officer to boost data innovation and enhance AI capabilities for clients.
