Start-ups and entrepreneurship

Preparations for 44.01's first project in UAE are well underway. This DAC + mineralisation pilot with ADNOCGroup , Masdar and FNRC will be the first carbon negative project by an energy company in the Middle East.

Analysis

Oman’s sleepy tech sector showing signs of promise

Global investors are putting millions into an Omani carbon removal startup, signaling a breakthrough for a market that has lagged behind Gulf neighbors targeting tech growth.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Google reportedly offers $23B for Israeli cybersecurity firm Wiz

Israel's Wiz is one of the world’s fastest-growing startups, having reached $350 million annual recurring revenue last year, and provides services to more than 40% of Fortune 100 businesses.

FABRICE COFFRINI/AFP via Getty Images

Chemi Peres: Israeli tech back to business, cyber security among most resilient

Despite the war and the divides within the Israeli society, tech entrepreneur Chemi Peres embraces the optimism of his father, late President Shimon Peres, for the future of the country’s innovation ecosystem.

Photo from LEAP 2024.

AI and cloud investments dominate Saudi Arabia's LEAP tech summit

Amazon Web Services and DataVolt were among the companies that made significant cloud investments in the kingdom, which is looking to become a global technology hub.

Latest News

What does Saudi's first-ever alcohol store say about new Gulf culture?

Lebanese bartender Hadi Ghassan prepares a drink behind the counter at "Meraki Riyadh", a pop-up bar offering non-alcoholic bellinis and spritzes, served in chilled cocktail glasses, in Riyadh on January 23, 2024. The bar's success highlights widening acceptance of more daring non-alcoholic fare even as booze itself remains strictly off-limits in the Gulf kingdom, home to Islam's holiest sites. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Business & Tech Briefing: COP28 kickoff

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What's behind Elon Musk's visit to Israel, meeting with Netanyahu?

In this handout image provided by the GPO, Israel's Prime Minister Benjamin Netanyahu (C) takes Elon Musk (L) on a tour of Kibbutz Kfar Aza after the Oct. 7 massacre took place there, on Nov. 27, 2023 in Kfar Aza, Israel.

Analysis

China's venture capital firms making inroads in Saudi Arabia, UAE

Kuwaiti traders follow the market's movement at the Stock Exchange, Kuwait City, March 8, 2018.

In Bristol, reporting on regional business, climate change, AI, tech

Autonomous bus

Israel launches $17m self-driving public bus project

The Transportation Ministry decided on the companies that would be authorized to launch a two-year pilot program of autonomous public transportation.

Employees work at the call centre of the Algerian delivery company Yassir, at the company's headquarters , in the capital Algiers on February 23, 2022. - It's the Algerian start-up that made good: despite the country's notoriously complex business climate, taxi and home-delivery firm Yassir has millions of users and is expanding across Africa.

The Business & Tech Briefing: Maghreb startup funding takes off

In this weekly newsletter, Al-Monitor CEO Greg Cohen rounds up the biggest business stories from the region.

Completed customer orders are seen in their boxes, awaiting delivery, at the Amazon Fulfillment Center.

Amazon to open online grocery store in UAE

The US retail giant has also been in the news regarding Saudi Arabia and Egypt recently.

United Arab Emirates

Jordan's Queen Rania opens the Paris Peace Forum

Israel skips Paris Peace Forum

Hosting young entrepreneurs and civil groups from across the globe, the Paris Peace Forum could have been an opportunity for Israelis to meet with counterparts from Algeria, Qatar and other countries that lack diplomatic relations with Jerusalem.

Data center

Residents in Israel warn against wave of server farm construction

With Google and Amazon winning the tender for a Cloud region in Israel, more data centers will be coming, but some residents have concerns about the environment and quality of life.

The AgrIsrael Sea the Future Conference, Eilat, Oct. 19, 2022.

Israel pushes aquaculture cooperation in answer to global food security

Israel’s Agriculture Minister Oded Forer talks with Al-Monitor about the first-ever international summit on food grown in the sea and the desert, held this week in Eilat.

Amazon Egypt storefront.

Amazon Egypt launches page for Egyptian handicrafts

Amazon Egypt launched a new page for thousands of Egyptian handicrafts and heritage products, with the aim of supporting and encouraging Egyptian products.

Israel Barbivai

Israel, Turkey promote increasing bilateral trade

On an official visit to Turkey, Minister of Economy and Industry Orna Barbivai met with her counterparts, advancing the re-convening of the joint economic conference.

NFT art, Israel.

NFT art, industry boom in Israel

Israel might have gotten a late start on NFT art, but it's catching up quickly with active artists and groups on all social networks.

Rodolfo Campos uses a virtual reality headset during a NASA Hybrid Reality Lab demonstration at the NVIDIA GPU Technology Conference.

Israel seeks technological cooperation with US

What Israel perceives as inflexible American demands on data security might stand in the way of establishing true technological cooperation between Israel and the United States.

Visitors interact with a display by the Manufacturer's Association of Israel.

Despite slowdown, Israeli tech companies attract major investments

Big investments announced in recent weeks in Israeli start-up companies might indicate that the slowdown, the layoffs and other difficulties facing the global high-tech industry might be temporary.

Israel cyber

Cybersecurity powerhouse Israel remains open to hackers

Numbers show that Israeli institutions, ministries, municipalities and companies are increasingly targeted by attempted cyberattacks, mostly from Iranian hackers.