Software Firm Infor Bags $1.5 Billion Investment Ahead Of Potential IPO
The new investment comes as Infor prepares for a potential IPO in 2019 or 2020 that analysts say that could be valued at $60 billion – the largest ever that a New York-based tech company has ever
By
Amany Zaher
3 min read
Europe Launches Its First Artificial Intelligence Platform
The project is being financed with $22.8 million from the European Commission and is being coordinated by the Thales Group—79 organizations from 21 EU countries participated.
By
Amany Zaher
4 min read
Volkswagen, Ford Partner To Build Commercial Vans And Medium-Sized Pickups
Automobile giants Volkswagen and Ford have officially teamed up to develop commercial vans and medium-sized pickups for global markets, beginning as early as 2022.
By
Nermeen Abbas
9 min read
Exclusive: Snoop Dogg Invests In Klarna, Sweden's $2.5 Billion Unicorn
Millionaire American rapper Snoop Dogg, aka Calvin Broadus, has today become a minority shareholder in the company which offers buy-now-pay-later services at retailers.
Video Set To Define Content Consumption
With faster, more efficient internet available on proliferating mobile devices, videos are estimated to dominate mobile traffic in 2019.
Smartphone Giant Huawei Under Probe In US For Trade Secret Theft
The investigation comes after an American firm T-Mobile filed a lawsuit against Huawei in 2014 for stealing the technology behind a robot that the former had developed to test mobile phones.
By
Mary Sophia
4 min read
Ambitions Continue To Fly High As The UAE Enters The Space Race
The UAE is committing billions of dollars to developing a domestic space industry, but can it find a place in an industry dominated by the US, EU, China and Russia?
How Esports Company Gen.G Poached Its CEO From Major League Baseball
Last month, one of sports' fastest-rising stars swapped his safe MLB suite for a risky, but potentially very lucrative, stake in an esports organization.
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From Steel To Iron Man: Al Ahli Group's CEO Took The Family Business Into New Pastures
Mohammed Khammas, CEO of Al Ahli Holding Group, invested in film and entertainment to back blockbusters and bring A-listers such as Ed Sheeran and Guns N’ Roses to Dubai. Having gone from steel to Iron Man, now he wants to get into the minds of his consumers.
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Building An F&B Giant: Agthia's CEO On Growing Its Global Footprint
When Tariq Al Wahedi took the reins of Agthia, the company was trying to cope with a dip in profitability. He has since then been transforming Agthia into a food and beverage giant by acquiring smaller companies and by pushing it closer to its dreams of netting $1 billion in revenues by 2020.
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From the print
IBM Is Reinventing Itself, And Blockchain Is The Key
IBM’s Middle East and Africa head Takreem El-Tohamy is steering the firm to focus on emerging technologies such as blockchain and artificial intelligence.
By
Editorial Team
21 min read
Master Of Innovation
With 69 markets under his command, Mastercard’s president for the Middle East and Africa Raghu Malhotra is expanding the company’s footprint in the region by using technology such as mobile wallets
Saudi Arabia's Million Dollar Cinemas
The Gulf region is expected to see investment worth more than $3.54 billion in cinema screens after the Kingdom moved to allow public cinemas.
By
Forbes Middleeast
4 min read
The $1 CEOs: Executives Drawing $1 As Salary
Many founder-CEOs draw just a token salary of $1 while the bulk of their remuneration is tied to the company's performance. Here are the top CEOs in the Silicon Valley who drew just $1 as salary.
By
Jason Lasardo
9 min read
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The University of Manchester – Middle East Centre (formerly known as Manchester Business School) opened with its flagship MBA course at Dubai Knowledge Park in 2006. Today, the university has supported over 2,300 part-time MBA students with a regional community of around 2,500 alumni and actively works to create professional networking(...)
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Smart City Investment Laying The Foundation For IoT
The ultimate goal of which is seamless connectivity between things, people, processes and data anywhere, anytime and in any condition.