Tech investment slump reaching critical stage for cash strapped Middle East startups Samuel Wendel In Washington, DC, reporting on regional business and tech
Intel delays work on $25B Israel plant as tech sector feels impact of Gaza war Israel’s tech sector has been impacted by the Gaza war as well as the government’s judicial reform plans and the global tech downturn. Israel
China’s EV giants target Turkey as trade wars intensify Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia joins China and UAE in digital currency project The kingdom is joining the Switzerland-based Bank for International Settlements' central bank digital currency platform. Saudi Arabia
Singapore exchange Crypto.com receives Dubai license in boost to UAE's scene Cryptocurrency firms are continuing to move to the United Arab Emirates despite regulatory challenges and the market crash. Gulf
Saudi campaign to boycott TikTok spreads to private sector Many Saudis are calling for a boycott of the popular social media platform over it allegedly removing pro-Saudi content. Saudi Arabia
Drones can help fight climate change, says Abu Dhabi environment agency The government department is looking to plant 10 mangroves in Abu Dhabi for every visitor to the COP28 climate conference in Dubai in November. United Arab Emirates
Saudi crown prince announces esports ‘world cup’ The move follows significant Saudi investment in both video games and traditional sports. Gulf
Twitter/X erases thousands of Israel-Hamas posts after EU disinfo warning The 27-nation bloc has also issued similar ultimatums to Meta and TikTok, imploring the companies to take fake posts about the conflict off their social media platforms. Israel
Israeli food-tech advances as Aleph Farms seeks regulatory nod for cell-based steaks David Rosenberg In Tel Aviv, reporting on business and tech
China's Huawei to invest $430M in North African cloud center, developer training The Chinese tech firm has been increasing its footprint in the Middle East and North Africa. North Africa
Analysis Saudi Arabia fastest growing crypto economy globally amid regional drive The kingdom led globally with a 12% increase in crypto transaction volume reaching nearly $31 billion from July 2022 through June 2023, according to an industry report released Tuesday. By Salim A. Essaid
UAE places technology at top of COP28 agenda in Dubai The UAE Ministry of Industry and Advanced Technology, UAE Space Agency and COP28 signed an agreement in July to coordinate on technology-focused sustainable solutions ahead of the major climate change conference in Dubai later this year. United Arab Emirates
China’s Huawei opens cloud data center in Riyadh to grow MENA footprint The Chinese telecoms giant said in February it would invest $400 million in Saudi Arabia's cloud region over the next five years. Saudi Arabia
US denies it had 'blocked' AI chip sales to some Middle Eastern countries The US Commerce Department was quick to distance itself from the reports — but it did not directly address imposing license restrictions on certain types of chips. Gulf
Middle East offers strong market for AI content dubbing The region is ripe for translated content as Arabic is widely spoken and there is a strong appetite for digital media due to a young population. Saudi Arabia