March saw the beginning of the potential effect that the Coronavirus pandemic will have on tech startups, including them delaying announcements.
That's according to startup data platform MAGNiTT, which found that there was a 67 per cent year-on-year drop in transactions last month.
Their Founder and CEO Philip Bahoshy says startups and investors are re-evaluating their position in this new environment.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42
G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market
Spinneys Holding has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market.
DXB remains world's busiest international airport
Dubai International Airport (DXB) has been ranked the world's busiest hub for international passengers for a tenth consecutive year.
Apple loses top phonemaker spot to Samsung
Apple's smartphone shipments dropped about 10 per cent in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.
World Bank chief pushes internal reforms at spring meetings
World Bank President Ajay Banga said on Friday he plans to highlight a range of process improvements next week to speed up the development lender's loan approvals, improve the accountability of its 16,000 employees and attract private capital to projects.
