Nour Elotaiby

wefox closes record US$650 million series C funding round valuing the insurtech at US$3 billion (post-money valuation) Largest series C funding round for an insurtech globally  Round was significantly oversubscribed Funding round was led by Target Global with participation from existing investors, including OMERS Ventures, G Squared, Merian, Horizons Ventures, Eurazeo, Mubadala Capital, Salesforce Ventures, […]

PALO ALTO, Calif., June 1, 2021 – HP Inc. (NYSE: HPQ) today announced the completion of its acquisition of HyperX, the gaming division of Kingston Technology Company. The acquisition supports HP’s strategy to drive growth in its Personal Systems business, where gaming and peripherals are attractive segments.  “We are delighted to officially welcome the incredible people […]

New ERP and SaaS systems can spur changes in the operating model. By Dr. Houssem Jemili, Partner at Bain & Company Middle East Until recently, many companies saw technology modernization as a necessary evil, something to postpone as long as possible to avoid the disruption sure to accompany it. Today, more of them recognize that […]

Dubai, UAE, 1 June 2021: Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has signed a Global Service Provider Agreement with Cisco AppDynamics. The partnership will provide Moro Hub with a unique opportunity to be the first and only Managed Services Provider for AppDynamics […]

Consortium, made of Intact Financial Corporation and Tryg A/S, has purchased all shares in RSA Insurance Group plc, with acquisition valued at GBP 7.2bn Acquisition set to strengthen footprint and leadership position KSA, 01 June 2021: RSA Middle East announced that Intact Financial Corporation, leading Property & Casualty insurance company in North America, has successfully acquired […]

Day 1 highlights from INDEX Dubai, United Arab Emirates, 31 May 2021: INDEX, the long awaited international interior design trade show, opened its doors today to thousands of visitors, marking the first day for the industry’s professionals to reconnect in-person since 2019. Free seminars, product showcases, networking opportunities, and exceptional engaging experiences all took place on […]

ByDr. Christopher Janz Obstacles to Optical Network Automation In talking about obstacles and impediments to optical network automation, I will focus very closely on issues specific to the optical network.  To organize my points I will use the well-known, four-part functional architecture for automation loops: data, analysis, decision, and action.  Data relevant to analysis is […]

Dubai, United Arab Emirates – 31 May 2021: Dubai Airshow 2021, in partnership with Gothams, a leading accelerator that is helping to build the next generation of aerospace and defense startups has launched the VISTA pitch competition. The contest aims to support disruptive startups in shaping the future of the aerospace industry. Startups from all […]

Avaya Spaces™ workstream collaboration app creates a virtual platform for remote care to battle COVID-19 surge May 30 2021 – In light of the current healthcare emergency facing India, Avaya (NYSE: AVYA), a global leader in solutions to enhance and simplify communications and collaboration, has joined hands with a group of non-profit organizations and doctors to rapidly improve COVID-19 […]

(Abu Dhabi, 30th May 2021) An online internship program coordinated by the Japan International Cooperation Center (JICE) will see six students of Khalifa University (KU) intern at four of Japan’s most technologically advanced firms. The 8 week-long internship programs will commence from May 31, 2021, and will focus on technologies and specializations that include advanced agriculture, machine learning, and […]

Riyadh, KSA, May 30, 2021: Consistent with its successful strategy and programs that earned it the “Best Corporate Social Responsibility Insurance Company” award from the globally-renowned Global Brands magazine, Najm for Insurance Services maintains its social responsibility efforts which are at the heart of its corporate principles and launches yet another set of initiatives as […]

Is the Travel Industry Ready? Travellers who were frequent flyers before COVID-19 expect to take almost six flights in the next 12 months, underlining their desire to travel as soon as possible 78% attribute being vaccinated against COVID-19 as key to their confidence in the safety of air travel and 74% want a vaccine passport […]

Will support trade exchange and development projects in Iraq RIYADH, May 30, 2021…The Saudi Fund for Development (SFD) has signed an export financing agreement with the National Bank of Iraq, a subsidiary of the Capital Bank Group, to provide credit facilities worth $10 million to Iraqi importers who seek to import Saudi products and services. […]

DOHA, Qatar, 30 May 2021, (AETOSWire): Lulu Hypermarket in Qatar has become one of the first retailers in MENA to achieve sustainable operations certification under the Global Sustainability Assessment System (GSAS) from the Gulf Organisation for Research & Development (GORD). Upon completion of necessary audits by sustainability experts from GORD, LuLu Hypermarket building located in Qatar’s […]

A Three-part Program to Improve Business Outcomes By Dr. Houssem Jemili, Partner in Technology, Digital, and Advanced Manufacturing and Services practices at Bain & Company Middle East and Bao-Viet Lê, Partner in the Financial Services practice at Bain & Company Middle East. Companies spend a lot on information technology every year, but few are achieving what […]

Commvault (NASDAQ: CVLT) today announced the expansion of its Metallic software as a service (SaaS) portfolio and a new unified Intelligent Data Services Platform designed to meet organizations’ growing demand to intelligently manage their most critical asset—their data. “By seamlessly integrating Commvault HyperScale X and Metallic, we offer customers what we call the ‘power of […]

Signing continues accelerated growth of the Holiday Inn brand family across the MEA region  May 27th, 2021: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a Management Agreement with Mabany Edris, a well-known real estate owner and developer in Egypt, to open Holiday Inn New Assiut Asayla. The hotel was signed at a ceremony in […]

London (UK) – 27th May 2021– HyperX, the gaming division of Kingston Technology Company, Inc., today announced the release of the refreshed HyperX ChargePlayTM Duo Controller Charging Station for Xbox. Tested and approved by Microsoft for guaranteed compatibility with the latest Xbox wireless controllers, the officially licensed ChargePlay Duo is designed to work with both the new Xbox Series X|S and legacy Xbox One wireless […]

New paper details SWIFT’s plans to transform platform for securities processing as part of its strategy for smarter securities Explores industry need for a collaborative post-trade utility to facilitate, frictionless securities transactions Will mitigate settlement fails, reduce costs and improve efficiency Brussels/Dubai, 27 May 2021 – SWIFT today published a paper detailing its vision for an enhanced capital […]

DWTC moving towards effortlessly connected digital touchpoints through the entire customer journey with Avaya OneCloud CCaaS.  Dubai, United Arab Emirates – May 28, 2021 – As Dubai’s events industry continues to lead the world following its post-pandemic reopening, Dubai World Trade Centre (DWTC), is taking a major step towards embracing digital capabilities that better connect its customers and […]

New SSD storage drives deliver the speed and capacity gamers need for quick access to their favorite games Highlights New external WD_BLACK™ D30 Game Drive SSD designed to work with next-gen consoles like PlayStation™ 51   WD_BLACK D30 Game Drive SSD for Xbox designed, tested, and approved for Xbox consoles2 includes 1-month membership to Xbox Game Pass Ultimate3 WD_BLACK […]

Out of nearly 10,000 entries, all-new 2021 Ford Bronco two-and four-door SUV honored in the top 75 pinnacles of design globally across numerous disciplines and industries, taking home prestigious iF Design gold award 2021 “Pragmatic, emotional design” of all-new Bronco brings “the thrill of its iconic forebear into the 2020s” says jury for Germany-based iF […]