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
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. Saudi Arabia
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. By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Report: One third of Israelis and Emiratis own cryptocurrency Both Israel and the UAE have emerged as centers of cryptocurrency in the Middle East. Israel
Uber faces new competition in Egypt New ride-sharing competitors are challenging Uber’s longtime monopoly. Egypt
Intel increases footprint in Israel with acquisition of Granulate The Silicon Valley computer chip manufacturer has acquired two major Israeli tech companies this year. Israel
Israeli startup to 3D print salmon The Jerusalem-based investment platform OurCrowd held an event on 3D printing, featuring several Israeli companies as well as popular Arab-Israeli vlogger Nas Daily. Israel
Electric SUV race coming to Saudi Arabia’s NEOM Crown Prince Mohammed bin Salman has prioritized investing in new types of sports as part of his Vision 2030 initiative. Saudi Arabia
World Bank report notes improvement Palestinian digital economy The DC-based institution’s report also said that Israeli restrictions and the Palestinian legal framework are impeding further development in the West Bank and Gaza Strip. Palestine
Saudi IT industry to work with German software firm SAP on cloud technology The memorandum of understanding is the latest to come out of the LEAP technology forum in Riyadh, and reflects the kingdom’s diversification efforts. News Brief
Turkish technology fair comes to Azerbaijan Teknofest will take place in Baku in May, following a technological agreement between Turkey and Azerbaijan last year. News Brief
Saudi Arabia partners with China’s Huawei on talent development The US government has warned Middle Eastern states against doing business with the Chinese tech firm, which has been accused of intellectual theft and enabling the internment of Uyghur Muslims. News Brief
FBI admits to obtaining Israeli-made Pegasus spyware The FBI said it bought the controversial spyware tool for “product testing and evaluation only” and never deployed it. Israel
Israel to use laser air defense system within year, PM says Naftali Bennett also said he hopes ongoing talks over Iran's nuclear program "end without agreement." News Brief
Saudi Arabia to invest billions in metaverse, blockchain technology The kingdom, which is seeking to reduce its dependence on oil, made the announcement at the futuristic LEAP technology forum in Riyadh. News Brief