The European Investment Bank (EIB), through its new dedicated development finance arm EIB Global, will provide US$27 million participation in the US$150 million Middle East Venture Fund IV (MEVF IV). The new venture capital fund launched by Middle East Venture Partners (MEVP) will increase targeted equity investment in high-growth e-commerce, health and education technology companies
GE (NYSE:GE) renewed its commitment to build local talent in Kuwait and advance students’ understanding and interest in science, technology, engineering, and math (STEM) fields with a two-day event organized in collaboration with INJAZ Kuwait that promoted hands-on learning and aimed to foster vital skills of problem-solving, analytical and critical thinking, and build a strong foundation
Saudi Arabia’s Plastus, which produces 100 per cent biodegradable bioplastics through the fermentation of bacteria, scooped the US$250,000 main prize at this year’s LEAP Rocket Fuel Startup Pitch Challenge, powered by Saudi Arabia’s National Technology Development Programme (NTDP), after wowing a star-studded judging panel in Riyadh. Concluding on the final day LEAP23, the world’s most
World-renowned French luxury bakery and patisserie brand, Ladurée has launched its new additional branch located in the Mall of Egypt. Perfectly paired with heavenly treats, Ladurée’s new branch keeps the same flair with eclectic interiors and a relaxed ambience exuding true Parisian vibes. Open from 9 am to 12 am, Ladurée is the ultimate choice for
Following the previous success, female networking platform WILD, returns to KSA for its second WILD Riyadh event this February 28th at VOV Gaming, The Zone from 8.30 am to 10:30 am. Trailblazing gender equality in the region, a line-up of female guest speakers will share their insights, knowledge, expertise, and inspiring stories of how they overcame
The Kingdom of Saudi Arabia today enhanced its game-changer status in the global data and artificial intelligence (AI) sectors with the opening instalment of DeepFest – a new co-located event held in partnership with the Saudi Data & Artificial Intelligence Authority (SDAIA)- on the side-lines of LEAP23, the world’s most visionary tech event. The inaugural
American billionaire venture capitalist Tim Draper today expressed his regret at not investing in ChatGPT, believing the Artificial Intelligence-driven chatbot will change industries in a way unseen since the creation of the internet. Draper, whose most prominent investments include Hotmail, Skype, Tesla, and Twitter, was speaking during a session entitled Global Collaboration: The Fuel For
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