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Articles

Drivers and hotel greeters awaiting incoming guests at Ngurah Rai Airport in Bali. With tourism on the rise, Talixo is seeing opportunity to expand. Getty
Berlin ride-booking firm hitches a ride on Careem's success as it eyes UAE expansion

Talixo aims to grow its customer base tenfold in the Emirates by the end of 2019​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

TechnologyMay 29, 2019
Take part in the Cyacle Bikeshare event tomorrow on the Abu Dhabi Corniche. Cyacle
Careem acquires Abu Dhabi's Cyacle bike-share company

Cyacle currently has 50 bike docking stations in the capital and is set to expand regionally under new ownership

TechnologyMay 29, 2019
Follow the lead of Warren Buffett, the chief executive of Berkshire Hathaway, to find the right path for your finances through this crisis. Reuters
Warren Buffett's residential brokerage to open Dubai office

New residential brokerage network aims to triple its number of advisers and open an office in Abu Dhabi this year

PropertyApril 28, 2019
Careem Now aims to start serving Karachi, Pakistan and Amman, Jordan in the coming months. EPA
Careem expands food delivery service to Riyadh

Careem Now app connects users with nearby restaurants and offers food order tracking

TechnologyApril 28, 2019
Chief commercial officer and co-founder of Starzplay, Danny Bates at Dubai Studio City. Reem Mohammed/The National
Generation Start-up: Starzplay doesn't see Apple, Disney or Netflix as threats - for now

The streaming service co-founders started out with just a PowerPoint presentation and an Excel spreadsheet​​​​​​​​​​​​​​​​​​​​​

TechnologyApril 27, 2019
The number of visitors to Sri Lanka was up 5% month-on-month in March, but the string of attacks threaten to undo the country's gains in the sector. Colombo, Sri Lanka. Jack Moore / The National
Sri Lanka's second largest foreign exchange earner rocked by terrorism

Lonely Planet declared island nation top tourist destination for 2019

Travel and TourismApril 21, 2019
Ulugbek Yuldashev, founder and chief executive of Awok.com. The firm is looking to expand. Christopher Pike / The National
UAE's Awok.com raises $30m in first outside fundraising round

Cash will be used for expansion plans in Saudi Arabia and Egypt

TechnologyApril 08, 2019
Facebook CEO Mark Zuckerberg. The firm says it has now stopped asking for personal email data. Reuters
Facebook demanded users' email passwords, got caught and stopped

Request for passwords was to verify users' accounts, according to the company

TechnologyApril 04, 2019
Abdulrahman Tarabzouni was an early champion of Careem. Courtesy of STV
After Careem exit STV is looking for the next 'moon shot'

Saudi Arabian VC aims to replicate its success by “doubling down” on hyper-local start-ups

TechnologyApril 02, 2019
Sheikh Mohamed bin Zayed Al Nahyan directed the Abu Dhabi Executive Council to form global partnerships for R&D into water scarcity and food security. Courtesy Mohamed Al Hammadi / Ministry of Presidential Affairs
Sheikh Mohamed announces Dh5.6bn for water and food R&D

UPDATE: The funds will be part of Abu Dhabi's Ghadan 2021 package

EconomyMarch 25, 2019
Ghadan 21, a series of initiatives and reforms with a Dh50bn budget, was announced for Abu Dhabi last year. Christopher Pike / The National
Camera
Abu Dhabi tech hub lures SoftBank, Amazon and Microsoft

Hub71 in ADGM will offer Dh1bn of investment funds and subsidies to start-ups

TechnologyMarch 24, 2019
DRAFT
EconomyMarch 21, 2019
An employee inspects machines for the production of bitcoins and litecoins at the "CryptoJuniversóe" mining centre in Kirishi, Russia. AFP
Cryptocurrencies not a substitute for traditional money, IMF says

Market capitalisation of all virtual money has fluctuated erratically, which makes them less reliable

MarketsMarch 19, 2019
Facebook chief executive Mark Zuckerberg. Users in the 12 to 34 age bracket are leaving Facebook at the fastest rate. AP
As pressure mounts on Facebook 15 million Americans stop logging in

Exodus comes amid heightened scrutiny over the social media platform's privacy policies

TechnologyMarch 07, 2019
Huawei chief financial officer Meng Wanzhou is charged with bank fraud and currently detained in Vancouver. AP
Huawei's CFO files lawsuit against Canadian authorities for wrongful detention

Daughter of Huawei's founder is 'seeking damages for misfeasance in public office and false imprisonment'

TechnologyMarch 04, 2019
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