Technology

Bellieud

Interview

Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging

The technology, which has only been deployed in China, will enable up to 400 kilometers of car recharging in five minutes, roughly the same time as filling a petrol tank.

Lucas Bellieud

Al-Futtaim Electric Mobility Managing Director

EA office building in Austin, Texas, USA.

Gaming giant Electronic Arts taken private in $55B Saudi-backed buyout

The transaction represents a significant deal involving entities close to the Saudi Arabian and US governments.

Analysis

Gulf investors emerge as key players in US social media giants TikTok, Snap, X

With UAE tech investor MGX set to take a stake in TikTok's US operations, investors from the Middle East could cement their role in America's social media landscape.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

PayPal headquarters pictured in San Jose, California, on Oct. 15, 2015.

PayPal bets $100M as Middle East’s Gulf fintech giants amplify competition

The move from the US payments giant comes amid a flurry of activity that has further cemented the Gulf’s fintech sector on the map for global investors — including Saudi Arabia's Tamara, which recently secured a $2.4 billion financing deal.

United Arab Emirates

Latest News

Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push

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

China-made flying car makes first test flight in UAE: What to know

An Xpeng AeroHT X2 Flying Car is seen on display in Hong Kong on May 17, 2024

United Arab Emirates

Lebanon grants license to Musk's Starlink in bid to address sluggish telecomms

Ray of sun over the box and antenna during Unbox reliable data transmission and connection with SpaceXs Starlink.

Iran eyes launch of 4 satellites, open Chabahar space port by spring 2026

A picture obtained on Dec. 14, 2013 from Iran's ISNA news agency allegedly shows the launch of the Pajohesh (research) rocket containing a live space monkey named Fargam (Auspicious) at an undisclosed location in Iran.

Sarah Al-Ameri, the UAE Minister of State for Public Education and Future Technology, during the opening address of the Abu Dhabi Space Debate (ADSD) on Monday, Dec. 5, 2022.

UAE, Israel align interests at international space event

Conference shows that space exploration and commercialization is opening up to more countries.

Iran unveils its first homemade vehicle with Euro-6 emissions technology on Dec. 4, 2022.

Iran produces pickup truck in compliance with EU emission standards

Khodro’s Foton Tunland complies with the European Union’s Euro VI emission standards for heavy vehicles.

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.

A worker cleans a car near graffiti of Saudi King Salman bin Abdul-Aziz Al Saud, Riyadh, Saudi Arabia, Nov. 5, 2017.

Saudi electric car company Ceer to build factory near Red Sea

Ceer, which will be Saudi Arabia’s first electric vehicle-maker, is the latest Saudi project to help the oil-rich kingdom diversify.

500 Global.

American VC fund 500 Global comes to Egypt despite tech downturn

Some startups in Egypt are struggling, which is part of a wider regional trend.

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

Google invests more than $15 million in Israeli high-tech training

His Excellency Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development, today signed a memorandum of understanding in Guinea Conakry with His Excellency Moussa Cissé.

Saudi Arabia continues inroads into Africa with Guinea water project

The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology.

A member of Iraq's Electoral Commission demonstrates a digital machine that scans ballots of Iraqi voters.

Kurdistan government in Iraq hopes digitalization will bring investment

The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital and spur startup growth.

Tawazon founder Suna Zaobi from Palestine networks with others attending the 4th edition of the International Conference on Entrepreneurship in Palestine (ICEP), held in Dubai for the first time, on November 1, 2022.

‘Stars aligned’ for Palestinian startups, Gulf investors say

Entrepreneurs from the West Bank and Gaza recently visited Dubai to attend a conference on funding for new businesses.

Aramco exhibition section at the Misk Global Forum on innovation and technology held in the Saudi capital, Riyadh, on Nov. 13, 2019.

Saudi Aramco continues to reap big profits

The Saudi oil giant has been investing in futuristic technology as it benefits from high oil prices.

Picture taken on Feb. 6, 2018, shows a person holding a visual representation of the digital crypto-currency Bitcoin,

Israeli cryptocurrency market attempts to catch up with global pace

An Israeli crypto firm becomes the first in the country to get a capital markets license.