Yahoo’s Middle East Head Departs To Launch A New Social TV Startup
Ahmed Nassef – Yahoo’s head of Middle East and Africa and founder of Makoob.com is leaving the company to create a new startup called Telfez, which will be a social television effort aimed at emerging markets.
Acquistion of Maktoob.com by Yahoo in 2009 was seen major highlight for the tech scene...
Ooredoo Withdraws Offer for Maroc Telecom
Ooredoo today announced that it has withdrawn its offer to acquire Vivendi’s 53% shareholding in Maroc Telecom Group.
Ooredoo made an indicative offer in December 2012 and submitted a fully financed, binding offer on 22 April 2013 which met all the requirements of the process.
Earlier, sources close...
Middle East And North Africa Bullish On Wind Power
The authors of the MENA Renewables Status Report analyze renewable energy markets, industry, policy and investment trends, concluding that the region’s sustainable energy market has grown considerably in the last decade, due largely to its extensive renewable energy resources.
According to the report...
Renewable Energy Sources Used For Electricity Production In Middle East And North Africa
The MENA region is one of the few regions in the world where renewable energy investment seems to be weathering the global economic crisis. New investment in renewables in the region totaled USD 2.9 billion in 2012, an increase of almost 40% over 2011 and a 6.5-fold increase from 2004.
The development...
Launch Of UAE’s First Online Hypermarket Where You Can Shop For Groceries
French hypermarket chain Géant has launched the UAE’s first online hypermarket, offering customers the opportunity to purchase grocery items and consumer electronics from the comfort of their homes or mobile devices.
Géant Online at geantonline.ae becomes the latest addition to Géant’s portfolio...
UAE And Saudi Arabia Lead The Ad Spend In The Middle East
Kuwait Financial Centre “Markaz” recently published the executive summary of their GCC Media report. In this research note, Markaz analyses the GCC media industry dynamics, identifies its revenue components and ad-spending trends. The report also discusses the key drivers of demand, identifies emerging...
PRISM: Privacy Breaches By Technology Giants – An Infographic
America’s tech giants (Microsoft. Yahoo. Google. Facebook. PalTalk. AOL. Skype. YouTube. Apple.) continued to deny any knowledge of a giant government surveillance programme called Prism, even as president Barack Obama confirmed the scheme’s existence Friday
The National Security Agency...
Viber Blocked In Saudi Arabia
The Communications and Information Technology Commission (CITC), Saudi Arabia’s telecom regulator, shut down Internet messenger application Viber on Wednesday for failing to comply with regulations.
“Viber has failed to comply with the regulatory conditions… in this Kingdom and was stopped...
Gift Your Friends Online In The Middle East
Facebook has worked very hard in 2012 to build its social gifting business. It also snapped up a startup called Karma and built what became Facebook Gifts, a way for a Facebook user to gift a friend – from bottle of champagne to a online gift voucher. Square, the mobile payment company has added...
Launch Of The Startup Stock Exchange – An Opportunity For The Middle East
Last year in July we had met Ian Heat who was building on an idea of having a global equity exchange to trade on Start-ups. An year later the idea has become a reality. Even startups from Middle East can get listed on the exchange.
On June 10, 2013, the Startup Stock Exchange (SSX) will open its marketplace...
AME Info Acquired By Mediaquest Group
UAE-based business news websites AMEinfo and SMEinfo have been acquired by Mediaquest Group. Financial details of the transaction were not revealed. The sites, which attract more than 2.4 million unique users monthly, were previously owned by the Top Right Group.
Duncan Painter, CEO, Top Right Group,...
Usage Of Social Media In The Middle East – An Infographic
Did you know that approximately 40.2 percent of the total Middle East population has access to the internet and that 3.7 percent of internet users worldwide come from the region; now this is a significant number.
In the Middle East, 88 percent of the population who use the internet use social networking...
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